Common use of Taxes and Withholdings Clause in Contracts

Taxes and Withholdings. All payments made by the Company to the Executive under this Agreement shall be net of any applicable taxes (whether local, state, federal, provincial or otherwise) or other required or voluntary withholdings or deductions.

Appears in 7 contracts

Samples: Agreement Regarding Termination Benefits (Teradyne, Inc), Agreement Regarding Termination Benefits (Teradyne, Inc), Agreement Regarding Termination Benefits (Teradyne, Inc)

AutoNDA by SimpleDocs

Taxes and Withholdings. All payments made by the Company to the Executive under this Agreement shall be net of any applicable taxes (whether local, state, federal, provincial or otherwise) or other required or voluntary withholdings or deductions. Except as described above, the Executive shall not be eligible for or receive any Termination Benefits described above upon the Executive's resignation of or retirement from employment with the Company.

Appears in 2 contracts

Samples: Executive Retirement and Severance Benefits Agreement (Gsi Lumonics Inc), Executive Retirement and Severance Benefits Agreement (Gsi Lumonics Inc)

AutoNDA by SimpleDocs

Taxes and Withholdings. All payments made by the Company to the Executive under this Agreement shall be net of any applicable taxes (whether local, state, federal, provincial or otherwise) or other required or voluntary withholdings or deductions.

Appears in 2 contracts

Samples: Executive Retirement and Severance Benefits Agreement (Gsi Lumonics Inc), Executive Retirement and Severance Benefits Agreement (Gsi Lumonics Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!