Timing of Reimbursement Payments. Any reimbursement amounts payable by the Company and/or the Bank to Executive pursuant to this Section 9 will be made in immediately available funds to Executive on the later of (i) the date on which Executive remits the applicable taxes or payments to the appropriate taxing authorities or (ii) the date on which Executive first advises the Company and/or the Bank of such remittance. In no event will any such payment be made later than the end of the calendar year next following the calendar year in which Executive remits such taxes to the applicable taxing authority.
Appears in 4 contracts
Samples: Employment Agreement (Esquire Financial Holdings, Inc.), Employment Agreement (Esquire Financial Holdings, Inc.), Employment Agreement (Esquire Financial Holdings, Inc.)
