Common use of Tax Consequences Clause in Contracts

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 25 contracts

Samples: Executive Employment Agreement (Savara Inc), Executive Employment Agreement (Savara Inc), Confidential Separation Agreement (Pricesmart Inc)

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Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his his/her behalf under the terms of this Agreement. Employee agrees and understands that he he/she is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 15 contracts

Samples: Employment Agreement (Hortonworks, Inc.), Employment Agreement (Hortonworks, Inc.), Employment Agreement (Hortonworks, Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Executive or made on his behalf under the terms of this Agreement. Employee Executive agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Executive further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeExecutive’s failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 13 contracts

Samples: Separation Agreement (Aqua Metals, Inc.), Separation Agreement (Aqua Metals, Inc.), Employment Agreement (Cypress Semiconductor Corp /De/)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay or the Company’s failure to withhold, or Employee’s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 11 contracts

Samples: Separation Agreement (Fabrinet), Separation Agreement (Fabrinet), Transition Agreement and Release (Active Power Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Executive or made on his Executive’s behalf under the terms of this Agreement. Employee Executive agrees and understands that he Executive is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Executive further agrees to indemnify and hold the Company Releasees harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeExecutive’s failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 11 contracts

Samples: Separation Agreement (Core Scientific, Inc./Tx), Mutual Separation Agreement, Separation Agreement (MINDBODY, Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his Employee’s behalf under the terms of this Agreement. Employee agrees and understands that he Employee is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 7 contracts

Samples: Separation Agreement (Graphite Bio, Inc.), Transition Agreement (Okta, Inc.), Separation Agreement and Release (Okta, Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee the Executive or made on his behalf under the terms of this Separation Agreement. Employee The Executive agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee The Executive further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employeethe Executive’s failure to pay or delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 6 contracts

Samples: Separation Agreement (CleanCore Solutions, Inc.), Separation Agreement (Healing Co Inc.), Separation Agreement (Smart for Life, Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Executive or made on his Executive’s behalf under the terms of this AgreementRelease. Employee Executive agrees and understands that he Executive is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Executive further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeExecutive’s failure to pay or the Company’s failure to withhold, or Executive’s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 6 contracts

Samples: Amendment to Offer Letter (Business Objects S.A.), Change of Control Severance Agreement (Business Objects S.A.), Offer Letter (Business Objects S.A.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Executive or made on his Executive’s behalf under the terms of this Agreement. Employee Executive agrees and understands that he Executive is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Executive further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeExecutive’s failure to pay pay, or Executive’s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 5 contracts

Samples: Separation Agreement (ARCA Biopharma, Inc.), Release Agreement (Bakkt Holdings, Inc.), Retirement & Transition Agreement (InterDigital, Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Executive or made on his Executive’s behalf under the terms of this Agreement. Employee Executive agrees and understands that he Executive is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Executive further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeExecutive’s failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 5 contracts

Samples: Employment Agreement (KC Holdco, LLC), Employment Agreement (KC Holdco, LLC), Employment Agreement (KC Holdco, LLC)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee the Executive or made on his the Executive’s behalf under the terms of this Agreement. Employee The Executive agrees and understands that he the Executive is responsible for payment, if any, of the employee portion of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee The Executive further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employeethe Executive’s failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 4 contracts

Samples: Employment Agreement (UpHealth, Inc.), Employment Agreement (UpHealth, Inc.), Employment Agreement (UpHealth, Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Executive or made on his behalf under the terms of this Agreement. Employee Executive agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Executive further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeExecutive’s failure to pay or the Company’s failure to withhold, or Executive’s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 4 contracts

Samples: Separation Agreement (Dolby Laboratories, Inc.), Separation Agreement (Spansion Inc.), Separation Agreement (Dolby Laboratories, Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided made hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay pay, or Employee’s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 3 contracts

Samples: Separation Agreement (Outdoor Channel Holdings Inc), Separation Agreement (Outdoor Channel Holdings Inc), Separation Agreement (Outdoor Channel Holdings Inc)

Tax Consequences. The Company Corporation makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his his/her behalf under the terms of this Agreement. Employee agrees and understands that he he/she is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company Corporation and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company Corporation harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company Corporation for any amounts claimed due on account of (a) Employee’s failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company Corporation by reason of any such claims, including attorneys’ fees and costs.

Appears in 3 contracts

Samples: Change of Control Agreement (Quantum Corp /De/), Change of Control Agreement (Quantum Corp /De/), Change of Control Agreement (Quantum Corp /De/)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay or the Company’s failure to withhold, or delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 3 contracts

Samples: Separation Agreement (Upland Software, Inc.), Transition Agreement (Homeaway Inc), Separation Agreement (Active Power Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and payment of any other consideration provided sums to Employee or made on his behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, state and/or federal taxes on the payments and any other consideration provided sums paid hereunder by the Company and any penalties or assessments thereonthereon and that all such sums shall be paid less all applicable withholdings and deductions. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay or delayed payment of federal or state taxes, taxes or (b) damages sustained by the Company by reason of any such claims, including reasonable attorneys’ fees and costsfees.

Appears in 3 contracts

Samples: Transitional Employment and Separation Agreement (Silicon Image Inc), Transitional Employment and Severance Agreement (Silicon Image Inc), Transitional Employment and Separation Agreement (Opsware Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his Employee’s behalf under the terms of this Agreement. Employee agrees and understands that he Employee is responsible for payment, if any, of local, state, state and/or federal taxes on the payments and any other consideration provided made hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, judgments or recoveries by any government agency against the Company for any amounts claimed due on account of of: (a) Employee’s failure to pay or the Company’s failure to withhold, or Employee’s delayed payment of of, federal or state taxes, ; or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 3 contracts

Samples: Separation Agreement (Integral Ad Science Holding Corp.), Separation Agreement (Integral Ad Science Holding Corp.), Separation Agreement (Integral Ad Science Holding Corp.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his her behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay or the Company’s failure to withhold, or Employee’s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 3 contracts

Samples: Separation Agreement (Active Power Inc), Separation Agreement (Active Power Inc), Separation Agreement (Active Power Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s 's failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys' fees and costs.

Appears in 2 contracts

Samples: Release Agreement (Mattson Technology Inc), Transition Agreement and Release (Mattson Technology Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and payment of any other consideration provided sums to Employee or made on his behalf under the terms of this the Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, state and/or federal taxes on the payments and any other consideration provided sums paid hereunder by the Company or as a result of equity grants being accelerated in accordance with Section 2(c) hereof and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s 's failure to pay or delayed payment of federal or state taxes, taxes or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 2 contracts

Samples: Separation Agreement (Sonoma Pharmaceuticals, Inc.), Separation Agreement (Sonoma Pharmaceuticals, Inc.)

Tax Consequences. The Company makes no representations or warranties with ---------------- respect to the tax consequences of the payments and payment of any other consideration provided sums to the Employee or made on his behalf under the terms of this Agreement. The Employee agrees and understands that he is responsible for payment, if any, of local, state, state and/or federal taxes on the payments and any other consideration provided sums paid hereunder by the Company and any penalties or assessments thereon. The Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) the Employee’s 's failure to pay or delayed payment of federal or state taxes, taxes or (b) damages sustained by the Company by reason of any such claims, including reasonable attorneys’ fees and costs' fees.

Appears in 2 contracts

Samples: Settlement Agreement (Inference Corp /Ca/), Settlement Agreement (Inference Corp /Ca/)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of of: (a) Employee’s failure to pay or the Company’s failure to withhold, or Employee’s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 2 contracts

Samples: Separation Agreement (M Wave Inc), Separation Agreement (M Wave Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Executive or made on his Executive’s behalf under the terms of this Agreement. Employee Executive acknowledges and agrees and understands that he Executive is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Executive further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeExecutive’s failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 2 contracts

Samples: Separation Agreement (Great Elm Group, Inc.), Confidential Separation and General Release Agreement (Great Elm Group, Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his behalf under the terms of this Agreement. Employee agrees and understands that he Employee is responsible for payment, if any, of local, state, state and/or federal taxes on the payments and any other consideration provided made hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of of: (a) Employee’s failure to pay or the Company’s failure to withhold, or Employee’s delayed payment of of, federal or state taxes, ; or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 2 contracts

Samples: Severance and Release Agreement (Symphonix Devices Inc), Retention Bonus Agreement (Symphonix Devices Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company Releasees harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 2 contracts

Samples: Transition, Separation and General Release Agreement (Appdynamics Inc), Transition, Separation and General Release Agreement (Appdynamics Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay or delayed payment of Employee’s personal federal or personal state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 2 contracts

Samples: Employment Agreement (Nutanix, Inc.), Employment Agreement (Nutanix, Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and payment of any other consideration provided sums to Employee or made on his behalf under the terms of this the Agreement. Employee agrees and understands that he he/she is responsible for payment, if any, of local, state, state and/or federal taxes on the payments and any other consideration provided sums paid hereunder by the Company or as a result of equity grants being accelerated in accordance with Section 2(c) hereof and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s 's failure to pay or delayed payment of federal or state taxes, taxes or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 2 contracts

Samples: Separation and Release of Claims Agreement (Sonoma Pharmaceuticals, Inc.), Separation and Release of Claims Agreement (Sonoma Pharmaceuticals, Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay pay, or Employee’s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 2 contracts

Samples: Separation Agreement (Rocket Fuel Inc.), Separation Agreement (Nanometrics Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, state and/or federal taxes on the payments and any other consideration provided made hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of of: (a) Employee’s failure to pay pay, or Employee’s delayed payment of of, federal or state taxes, ; or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 2 contracts

Samples: Severance Agreement (New Focus Inc), Severance Agreement (New Focus Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or Welcx xx made on his behalf under the terms of this Agreement. Employee agrees Welcx xxxees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further Welcx xxxther agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure Welcx’x xxxlure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Severance Agreement (Trovagene, Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his her behalf under the terms of this Agreement. Employee agrees and understands that he she is responsible for payment, if any, of local, state, state and/or federal taxes on the payments and any other consideration provided made hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of of: (a) Employee’s 's failure to pay pay, or Employee's delayed payment of of, federal or state taxes, ; or (b) damages sustained by the Company by reason of any such claims, including attorneys' fees and costs.

Appears in 1 contract

Samples: Severance Agreement (New Focus Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his Employee's behalf under the terms of this Agreement. Employee agrees and understands that he Employee is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay or delayed payment of federal or state taxes, taxes or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Separation Agreement (Block, Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay pay, or Employee’s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs. 18.

Appears in 1 contract

Samples: Separation Agreement (Rocket Fuel Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Executive or made on his Executive’s behalf under the terms of this Agreement. Employee Executive agrees and understands that he Executive is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Executive further agrees to indemnify and hold the Company Releasees harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeExecutive’s failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Release of Claims (Tintri, Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Executive or made on his her behalf under the terms of this Agreement. Employee Executive agrees and understands that he she is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Executive further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeExecutive’s failure to pay or the Company’s failure to withhold, or Executive’s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Separation Agreement (Raptor Pharmaceutical Corp)

Tax Consequences. The Company Corporation makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his his/her behalf under the terms of this Agreement. Employee agrees and understands that he he/she is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company Corporation and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company Corporation harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company Corporation for any amounts claimed due on account of of (a) Employee’s failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company Corporation by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Change of Control Agreement (Quantum Corp /De/)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Xxxxxxxxx or made on his behalf under the terms of this Agreement. Employee Xxxxxxxxx agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Xxxxxxxxx further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s Xxxxxxxxx’x failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Consulting Agreement (Mylan N.V.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Consultant or made on his behalf under the terms of this Agreement. Employee Consultant agrees and understands that he is responsible for payment, if any, of all local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Consultant further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeConsultant’s failure to pay or if required by law the Company’s failure to withhold, or Consultant ‘s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Consultant Agreement (Ascent Solar Technologies, Inc.)

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Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and payment of any other consideration provided sums to Employee or made on his behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for paymentpayment (to the extent not previously withheld by the Company), if any, of local, state, state and/or federal taxes on the payments and any other consideration provided sums paid hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay (other than with respect to the Company’s failure to withhold and pay the amount so withheld), or Employee’s delayed payment of federal or state taxes, taxes or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Severance Agreement (Xenogen Corp)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his her behalf under the terms of this Agreement. Employee agrees and understands that he she is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay or the Company’s failure to withhold, or delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Transition Agreement and Release (Bazaarvoice Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and payment of any other consideration provided sums to Employee or made on his behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, state and/or federal taxes on the payments and any other consideration provided sums paid hereunder by the Company and any penalties or assessments thereonthereon (except those otherwise imposed by Federal or State law on the Company). Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay or delayed payment of federal or state taxes, taxes or (b) damages sustained by the Company by reason of any such claims, including reasonable attorneys’ fees and costsfees.

Appears in 1 contract

Samples: Separation and Release of Claims Agreement (Infospace Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his her behalf under the terms of this Agreement. Employee agrees and understands that he she is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay or the Company’s failure to withhold, or Employee’s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Separation Agreement (Active Power Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his Employee’s behalf under the terms of this Agreement. Employee agrees and understands that he Employee is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company Releasees harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Separation Agreement (Inogen Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Xxxxxx or made on his behalf under the terms of this Agreement. Employee Xxxxxx agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Xxxxxx further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s Xxxxxx’x failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Retirement and Consulting Agreement (Mylan Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Executive or made on his his/her behalf under the terms of this Agreement. Employee Executive agrees and understands that he he/she is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Executive further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeExecutive’s failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Separation Agreement (Pacific Biosciences of California Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Advisor or made on his Advisor’s behalf under the terms of this Agreement. Employee Advisor agrees and understands that he Advisor is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Advisor further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeAdvisor’s failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Transitional Advisory Agreement and Release (Okta, Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Individual or made on his Individual’s behalf under the terms of this Agreement. Employee Individual agrees and understands that he Individual is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Individual further agrees to indemnify and hold the Company Individual harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeIndividual’s failure to pay pay, or Individual’s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Separation and Settlement Agreement (fuboTV Inc. /FL)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his Employee’s behalf under the terms of this Agreement. Employee agrees and understands that he Employee is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company Releasees harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, judgments or recoveries by any government agency against the Company (or any other entity in the Company Group) for any amounts claimed due on account of (a) Employee’s failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company (or any other entity in the Company Group) by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Separation Agreement (Palladyne AI Corp.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Executive or made on his behalf under the terms of this Agreement. Employee Executive agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereonrelated to such taxes (including but not limited to under Section 409A). Employee Executive further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeExecutive’s failure to pay or the Company’s failure to withhold, or Executive’s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Separation Agreement (Applied Materials Inc /De)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his Employee’s behalf under the terms of this Agreement. Employee agrees and understands that he Employee is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company Group and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company Releasees harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company Group for any amounts claimed due on account of (a) Employee’s failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company Group by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Separation Agreement (SmartRent, Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Executive or made on his behalf under the terms of this Agreement. Employee Executive agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Executive further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeExecutive’s failure to pay or the Company’s failure to withhold, or Executive’s delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Separation Agreement (Dolby Laboratories, Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Executive or made on his his/her behalf under the terms of this Agreement. Employee Executive agrees and understands that he he/she is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Executive further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeExecutive’s failure to pay or delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Separation Agreement (Harmonic Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his Employee’s behalf under the terms of this Agreement. Employee agrees and understands that he Employee is responsible for payment, if any, of local, state, state and/or federal taxes on the payments and any other consideration provided made hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of of: (a) Employee’s failure to pay or the Company’s failure to withhold, or Employee’s delayed payment of of, federal or state taxes, ; or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Separation Agreement (Cafepress Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his Employee’s behalf under the terms of this Agreement. Employee agrees and understands that he Employee is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company Releasees harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company (or any other entity in the Company Group) for any amounts claimed due on account of (a) Employee’s failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company (or any other entity in the Company Group) by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Separation Agreement (Sarcos Technology & Robotics Corp)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Executive or made on his Executive’s behalf under the terms of this Agreement. Employee Executive agrees and understands that he Executive is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Executive further agrees to indemnify and hold the Company Releasees harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeExecutive’s failure to pay or Executive’s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Separation Agreement (BlackSky Technology Inc.)

Tax Consequences. The Company makes no representations or warranties ---------------- with respect to the tax consequences of the payments and payment of any sums or other consideration provided to Employee or made on his behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, state and/or federal taxes on the payments and any other consideration provided sums paid hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s 's failure to pay or delayed payment of federal or state taxes, taxes or (b) damages sustained by the Company by reason of any such claims, including reasonable attorneys’ fees and costs' fees.

Appears in 1 contract

Samples: Separation Agreement (New Focus Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Mr. Xxxxxx or made on his behalf under the terms of this Agreement. Employee Xx. Xxxxxx agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Xx. Xxxxxx further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s Xx. Xxxxxx’x failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Consulting Agreement (Mylan Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and payment of any other consideration provided sums to or forgiveness of indebtedness of Employee or made on his behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, state and/or federal taxes on the payments sums paid and any other consideration provided debt forgiven hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s 's failure to pay or delayed payment of federal or state taxes, taxes or (b) damages sustained by the Company by reason of any such claims, including reasonable attorneys’ fees and costs' fees.

Appears in 1 contract

Samples: Settlement Agreement (Centigram Communications Corp)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Chairman or made on his Chairman’s behalf under the terms of this Agreement. Employee Chairman agrees and understands that he Chairman is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Chairman further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeChairman’s failure to pay pay, or Chairman’s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Separation and Settlement Agreement (fuboTV Inc. /FL)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his her behalf under the terms of this Agreement. Employee agrees and understands that he she is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Separation Agreement (Plantronics Inc /Ca/)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay or if required by law the Company’s failure to withhold, or Employee’s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Separation Agreement (Ascent Solar Technologies, Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his her behalf under the terms of this Agreement. Employee agrees and understands that he she is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided made hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay or the Company’s failure to withhold, or Employee’s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Separation Agreement (Applied Materials Inc /De)

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