Common use of Time for Payment Clause in Contracts

Time for Payment. The Company will pay the estimated amount of the Gross Up Payment in cash to Executive at such time or times when the Excise Tax is due. Executive and the Company agree to reasonably cooperate in the determination of the actual amount of the Gross Up Payment. Further, Executive and the Company agree to make such adjustments to the estimated amount of the Gross Up Payment as may be necessary to equal the actual amount of the Gross Up Payment, which in the case of Executive will refer to refunds of prior overpayments and in the case of the Company will refer to makeup of prior underpayments.

Time for Payment. The Company will pay the estimated amount of the Gross Up Payment in cash to Executive at such time or times when the Excise Tax is dueconcurrent with Employee's Termination. Executive and the Company agree to reasonably cooperate in the determination of the actual amount of the Gross Up Payment. Further, Executive and the Company agree to make such adjustments to the estimated amount of the Gross Up Payment as may be necessary to equal the actual amount of the Gross Up Payment, which in the case of Executive will refer to refunds of prior overpayments and in the case of the Company will refer to makeup of prior underpayments.

Time for Payment. The Company will pay the estimated amount of the Gross Up Payment in cash to Executive at such time or of times when the Excise Tax is due. Executive and the Company agree to reasonably cooperate in the determination of the actual amount of the Gross Up Payment. Further, Executive and the Company agree to make such adjustments to the estimated amount of the Gross Up Payment as may be necessary to equal the actual amount of the Gross Up Payment, which in the case of Executive will refer to refunds of prior overpayments and in the case of the Company will refer to makeup of prior underpayments.

Time for Payment. The Company will pay the estimated amount of the Gross Up Payment in cash to Executive at such time or times when the Excise Tax is due. Executive and the Company company agree to reasonably cooperate in the determination of the actual amount of the Gross Up Payment. Further, Executive and the Company agree to make such adjustments to the estimated amount of the Gross Up Payment as may be necessary to equal the actual amount of the Gross Up Payment, which in the case of Executive will refer to refunds of prior overpayments and in the case of the Company will refer to makeup of prior underpayments.

Time for Payment. The Company Employer will pay the estimated amount of the Gross Up Payment in cash to Executive at such time or times when the Excise Tax is dueconcurrent with Employee's Termination. Executive and the Company Employer agree to reasonably cooperate in the determination of the actual amount of the Gross Up Payment. Further, Executive and the Company Employer agree to make such adjustments to the estimated amount of the Gross Up Payment as may be necessary to equal the actual amount of the Gross Up Payment, which in the case of Executive will refer to refunds of prior overpayments and in the case of the Company Employer will refer to makeup of prior underpayments.

Time for Payment. The Company will Corporation shall pay the estimated amount of the Gross Up Payment amount in cash to Executive at such time concurrent with or times when as soon as reasonably practicable after the Excise Tax is duepayment by the Corporation of the amounts to which the excise tax relates. The Corporation and Executive and the Company agree to reasonably cooperate in the determination of the actual amount of the Gross Up PaymentPayment amount. Further, the Corporation and Executive and the Company agree to make such adjustments to the estimated amount of the Gross Up Payment amount as may be necessary to equal the actual amount of the Gross Up PaymentPayment amount, which in the case of Executive will shall refer to refunds of prior overpayments and in the case of the Company will Corporation shall refer to makeup of prior underpayments.

Time for Payment. The Company will pay the estimated amount of the Gross Gross-Up Payment in cash to Executive at such time or times when the Excise Tax is due. Executive and the Company company agree to reasonably cooperate in the determination of the actual amount of the Gross Gross-Up Payment. Further, Executive and the Company agree to make such adjustments to the estimated amount of the Gross Gross-Up Payment as may be necessary to equal the actual amount of the Gross Gross-Up Payment, which in the case of Executive will refer to refunds of prior overpayments and in the case of the Company will refer to makeup of prior underpayments.

Time for Payment. The Company Companies will pay the estimated amount of the Gross Up Payment in cash to Executive at such time or times when the Excise Tax is dueconcurrent with Employee's Termination. Executive Executive, and the Company Companies agree to reasonably cooperate in the determination of the actual amount of the Gross Up Payment. Further, Executive and the Company Companies agree to make such adjustments to the estimated amount of the Gross Up Payment as may be necessary to equal the actual amount of the Gross Up Payment, which in the case of Executive will refer to refunds of prior overpayments and in the case of the Company Companies will refer to makeup of prior underpayments.