Withholdings / deductions from salary etc. Employer and its affiliates may withhold or deduct from any amounts payable under this Agreement such taxes, fees, contributions and other amounts as may be required to be withheld or deducted pursuant to any applicable law or regulation. Deduction from salary and bonus may be made only in so far as these are permitted by law, hereunder in: (a) amounts paid to Executive as advance on salary; (b) incorrectly paid salary, bonus etc; (c) amounts received as advance on travel or business expense; (d) the value of any property belonging to the Employer which is not returned upon termination of the employment, or which is returned in a damaged condition, ordinary wear and tear excepted.
Appears in 4 contracts
Samples: Employment Agreement (DHT Holdings, Inc.), Employment Agreement (DHT Holdings, Inc.), Employment Agreement (DHT Holdings, Inc.)
