Common use of Taxes; Section 409A Clause in Contracts

Taxes; Section 409A. (a) All forms of compensation referred to in this Agreement are subject to reduction to reflect applicable withholding and payroll taxes and other deductions required by law. You hereby acknowledge that the Company does not have a duty to design its compensation policies in a manner that minimizes your tax liabilities, and you will not make any claim against the Company or the Board related to tax liabilities arising from your compensation.

Appears in 8 contracts

Samples: Employment Agreement (Frequency Therapeutics, Inc.), Employment Agreement (Frequency Therapeutics, Inc.), Employment Agreement (Frequency Therapeutics, Inc.)

AutoNDA by SimpleDocs

Taxes; Section 409A. (a) All forms of compensation referred to in this Agreement are subject to reduction to reflect applicable withholding and payroll taxes and other deductions required by law. You hereby acknowledge that the Company does not have a duty to design its compensation policies in a manner that minimizes your tax liabilities, and you will not make any claim against the Company or the Board its board of directors related to tax liabilities arising from your compensation.

Appears in 5 contracts

Samples: General Release Agreement (Translate Bio, Inc.), Invention Assignment Agreement (Translate Bio, Inc.), General Release Agreement (Translate Bio, Inc.)

Taxes; Section 409A. (a) All forms of compensation referred to in this Agreement are subject to reduction to reflect applicable withholding and payroll taxes and other deductions required by law. You hereby acknowledge that the Company does not have a duty to design its compensation policies in a manner that minimizes your tax liabilities, and you will not make any claim against the Company or the Board its board of directors related to tax liabilities arising from your compensation.your

Appears in 1 contract

Samples: Employment Agreement (Repligen Corp)

AutoNDA by SimpleDocs

Taxes; Section 409A. (a) All forms of compensation referred to in this Agreement are subject to reduction to reflect applicable withholding and payroll taxes and other deductions required by law. You Employee hereby acknowledge acknowledges that the Company does not have a duty to design its compensation policies in a manner that minimizes your tax liabilities, and you Employee will not make any claim against the Company or the Board related to tax liabilities arising from your Employee’s compensation.

Appears in 1 contract

Samples: Employment Agreement (Landos Biopharma, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.