Common use of Tax/Retirement Liability Clause in Contracts

Tax/Retirement Liability. 10.1 Notwithstanding any other provision of this Agreement, the District shall not be liable for any retirement or state/federal tax consequences to the Superintendent/Principal, any designated beneficiary, heirs, administrators, executors, successors or assigns of the Superintendent/Principal. The Superintendent/Principal shall assume sole responsibility and liability for all state and federal tax consequences of this Agreement as well as all retirement consequences of this Agreement.

Tax/Retirement Liability. 10.1 Notwithstanding any other provision of this Agreement, the District shall not be liable for any retirement or state/federal tax consequences to the Superintendent/Principal, any designated beneficiary, heirs, administrators, executors, successors or assigns of the Superintendent/Principal. The Superintendent/Principal Superintendent shall assume sole responsibility and liability for all state and federal tax consequences of this Agreement as well as consequences, and all retirement consequences consequences, of this Agreement.