Tax Status of Benefits. In the event that provision of any of the benefits listed above would adversely affect the tax status of the applicable plan or benefits, the Company, in its sole discretion, may elect to pay to Employee cash in lieu of such coverage in an amount equal to the Company’s contribution or average cost of providing such coverage.
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Samples: Separation of Employment Agreement, Separation Agreement (Atkore International Holdings Inc.)
Tax Status of Benefits. In the event that provision of any of the benefits listed above would adversely affect the tax status of the applicable plan or benefits, the Company, in its sole discretion, may elect to pay to Employee cash in lieu of such coverage in an amount equal to the Company’s 's contribution or average cost of providing such coverage.
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Samples: Retirement Agreement (Atkore International Group Inc.)
Tax Status of Benefits. In the event that provision of any of the benefits listed above would adversely affect the tax status of the applicable plan or benefits, the Company, in its sole discretion, may elect to pay to Employee Executive cash in lieu of such coverage in an amount equal to the Company’s contribution or average cost of providing such coverage.
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