TAXES AND OTHER WITHHOLDINGS. Notwithstanding any other provision of this Agreement, the Company may withhold from amounts payable hereunder all federal, state, local and foreign taxes and other amounts that are required to be withheld by applicable laws or regulations, and the withholding of any amount shall be treated as payment thereof for purposes of determining whether Executive has been paid amounts to which he is entitled.
Appears in 39 contracts
Samples: Employment Agreement (Cadence Design Systems Inc), Transition and Release Agreement, Indemnity Agreement
TAXES AND OTHER WITHHOLDINGS. Notwithstanding any other provision of this Agreement, the Company may withhold from amounts payable hereunder all federal, state, local and foreign taxes and other amounts that are required to be withheld by applicable laws or regulationsregulations (the "Taxes"), and the withholding of any amount shall be treated as payment thereof for purposes of determining whether Executive has been paid amounts to which he is entitled. In the event that the Company does not withhold the proper amount of Taxes from any such payments, Executive will make a prompt payment, on demand and in cash, to the Company for the amount under-withheld.
Appears in 1 contract
Samples: Employment Agreement (Fastclick Inc)
TAXES AND OTHER WITHHOLDINGS. Notwithstanding any other provision of this Agreement, the Company may withhold from amounts payable hereunder all federal, state, local and foreign taxes and other amounts that are required to be withheld by applicable laws or regulations, and the withholding of any amount shall be treated as payment thereof for purposes of determining whether Executive has been paid amounts to which he is entitled. 15.
Appears in 1 contract
Samples: Indemnity Agreement
TAXES AND OTHER WITHHOLDINGS. Notwithstanding any other provision of this Agreement, the Company may withhold from amounts payable hereunder all federal, state, local and foreign taxes and other amounts that are required to be withheld by applicable laws or regulations, and the |US-DOCS\150413528.4|| withholding of any amount shall be treated as payment thereof for purposes of determining whether Executive has been paid amounts to which he Executive is entitled.
Appears in 1 contract
Samples: Transition and Release Agreement (Cadence Design Systems Inc)
TAXES AND OTHER WITHHOLDINGS. Notwithstanding any other provision of this Agreement, the Company may withhold from amounts payable hereunder all federal, state, . local and foreign taxes and other amounts that are required to be withheld by applicable laws or regulations, and the withholding of any amount shall be treated as payment thereof for purposes of determining whether Executive has been paid amounts to which he is entitled.
Appears in 1 contract