Accounting Firm definition

Accounting Firm means a nationally recognized certified public accounting firm or other professional organization that is a certified public accounting firm recognized as an expert in determinations and calculations for purposes of Section 280G of the Code that is selected by the Company prior to a Change in Control for purposes of making the applicable determinations hereunder and is reasonably acceptable to Executive, which firm shall not, without Executive’s consent, be a firm serving as accountant or auditor for the individual, entity or group effecting the Change in Control.

Accounting Firm has the meaning set forth in Section 2.3(c).

Accounting Firm has the meaning set forth in Section 2.4(b)(ii).

Examples of Accounting Firm in a sentence

• For purposes of making the calculations required by this Section 9(a), the Accounting Firm may make reasonable assumptions and approximations concerning applicable taxes and rates, and rely on reasonable, good faith interpretations concerning the application of the Code, and other applicable legal authority.

• For those organizations required to submit an independent audit report, the audit must be conducted by the Illinois Auditor General (as requiredfor certaingovernmental entities only), or a Certified Public Accountant or Certified Public Accounting Firm licensed in the State of Illinois or in accordance with Section 5.2 of the Illinois Public Accounting Act (225 ILCS 450/5.2).

• Upon notice of either Party after thirty (30) calendar days, the matter will be referred to an Accounting Firm acceptable to both Parties.

• The Accounting Firm may, in its discretion, obtain the services of any third party necessary to assist it in resolving the Tax Dispute.

• For those organizations required to submit an independent audit report, the audit is to be conducted by a Certified Public Accountant or Certified Public Accounting Firm licensed in the state of Illinois or in accordance with Section 5.2 of the Illinois Public Accounting Act (225 ILCS 450/5.2).

More Definitions of Accounting Firm

Accounting Firm has the meaning assigned thereto in Section 8(e) hereof.

Accounting Firm has the meaning set forth in Section 2.7(b).

Accounting Firm has the meaning set forth in Section 12.10(b).

Accounting Firm shall have the meaning set forth in Section 5(b).

Accounting Firm means the independent accounting firm currently engaged by the Company, or a mutually agreed upon independent accounting firm if requested by the Executive; and

Accounting Firm has the meaning set forth in Section 1.6(e).

Accounting Firm means the independent accounting firm engaged by the Company immediately before the Change in Control. For purposes of this Section 12, the term “Net After Tax Amount” means the amount of any Parachute Payments or Capped Payments, as applicable, net of taxes imposed under Sections 1, 3101(b) and 4999 of the Code and any State or local income taxes applicable to the Executive on the date of payment. The determination of the Net After Tax Amount shall be made using the highest combined effective rate imposed by the foregoing taxes on income of the same character as the Parachute Payments or Capped Payments, as applicable, in effect on the date of payment. For purposes of this Section 12, the term “Parachute Payment” means a payment that is described in Section 280G(b)(2) of the Code, determined in accordance with Section 280G of the Code and the regulations promulgated or proposed thereunder.