Common use of Tax Withholding; Offsets Clause in Contracts

Tax Withholding; Offsets. Company may deduct from any compensation or other amount payable to Executive under this Agreement, social security (FICA) taxes and all federal, state, municipal, or other such taxes or governmental charges as may now be in effect or that may hereafter be enacted or required. Executive further authorizes Company to make deductions from Executive’s compensation, including, without limitation, Executive’s final paycheck, that are necessary for Company to recover for property damages or property not returned by Executive, and/or to recover overpayments, improper expenses, loans, and/or advances paid to Executive.

Appears in 7 contracts

Samples: Executive Employment Agreement (Heelys, Inc.), Executive Employment Agreement (Heelys, Inc.), Executive Employment Agreement (Heelys, Inc.)

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