Treatment of Deductions Associated with Equity-Related Compensation. (a) Solely the member of the Group for which the relevant individual is currently employed or, if such individual is not currently employed by a member of the Group, was most recently employed at the time of the vesting, exercise, disqualifying disposition, payment or other relevant taxable event, as appropriate, in respect of the equity awards and other incentive compensation described in Section 5.2 of the Employee Matters Agreement shall be entitled to claim any Tax deduction in respect of such equity awards and other incentive compensation on its respective Tax Return associated with such event.
Appears in 2 contracts
Samples: Tax Matters Agreement (Penn National Gaming Inc), Tax Matters Agreement (Gaming & Leisure Properties, Inc.)
Treatment of Deductions Associated with Equity-Related Compensation. (a) Solely the member of the Group for which the relevant individual is currently employed or, if such individual is not currently employed by a member of the Group, was most recently employed at the time of the vesting, exercise, disqualifying disposition, payment or other relevant taxable event, as appropriate, in respect of the equity incentive awards and other incentive compensation described in Section 5.2 of the Employee Matters Agreement this Article III shall be entitled to claim any Tax deduction in respect of such equity incentive awards and other incentive compensation on its respective Tax Return associated with such event.
Appears in 2 contracts
Samples: Employee Matters Agreement (Four Corners Property Trust, Inc.), Employee Matters Agreement (Four Corners Property Trust, Inc.)
