Examples of payments to Xxxxxx in a sentence
Any payments to Xxxxxx pursuant to the terms of this Employment Agreement shall be reduced by such amounts, if any, as are required to be withheld with respect thereto under all present and future federal, state, and local tax laws and regulations and other laws and regulations.
All salary, benefits, reimbursements and any other payments to Xxxxxx under this Agreement shall be subject to all applicable payroll and withholding taxes and deductions required by any law, rule or regulation of and federal, state or local authority.
The Company will not, nor will it permit any of its Subsidiaries to, accrue or pay any Management Fees to any Person (including, without limitation, any Affiliates), PROVIDED that, so long as no Default shall have occurred and be continuing or would result therefrom, the Company may make payments to Xxxxxx X.
All payments to Xxxxxx under Sections 3.1 and 3.2 shall be subject to the customary withholding taxes and the other employee taxes as required by law and deductions authorized by Xxxxxx.
Consultant hereby represents and warrants that (a) the undersigned has authority to bind Consultant to this Agreement and (b) Consultant shall be solely responsible for all acts and omissions of, and for all payments to, Xxxxxx X.
Guild shall make all payments to Xxxxxx hereunder from its general funds.
All payments to Xxxxxx will be subject to a right of deduction and setoff by Client for claims against Xxxxxx under this Agreement; provided, that, all such payment disputes shall be resolved in accordance with the provisions of Section 15.8.
In the event of the death of Xxxxx prior to the payment of all amounts by the Company pursuant to this Agreement, the Company shall make any remaining payments to Xxxxx'x estate in a single lump sum payment within 60 days following his death.
In the event of any breach by Xxxxxx of the covenant set forth in this Section, Xxxxxx shall repay upon demand by the Company any and all sums he has received pursuant to Section 3 hereof and the Company’s obligation to make any further payments to Xxxxxx shall thereupon be discharged and terminated in full and be of no further force or effect.
If Xxxxxx concludes that tax withholdings under the Laws of any country in the Territory are required with respect to payments to Xxxxxx, Xxxxxx may withhold such amounts and Xxxxxx shall promptly provide Xxxxxx with original receipts or other evidence reasonably desirable and sufficient to allow Xxxxxx to document such tax withholdings for purposes of claiming foreign tax credits and similar benefits.