Indemnification and Reimbursement of Payments on Behalf of Executive. The Company and its Subsidiaries shall be entitled to deduct or withhold from any amounts owing from Holdings, the Company or any of their Subsidiaries to Executive any federal, state, local or foreign withholding taxes, excise tax, or employment taxes ("Taxes") imposed with respect to Executive's compensation (including, without limitation, wages, bonuses, dividends, the receipt or exercise of equity options and/or the receipt or vesting of restricted equity). In the event the Company or any of its Subsidiaries does not make such deductions or withholdings, Executive shall indemnify the Company and its Subsidiaries for any amounts paid with respect to any such Taxes.
Appears in 5 contracts
Sources: Employment Agreement (HealthSpring, Inc.), Employment Agreement (HealthSpring, Inc.), Employment Agreement (HealthSpring, Inc.)
Indemnification and Reimbursement of Payments on Behalf of Executive. The Company and its Subsidiaries Affiliates shall be entitled to deduct or withhold from any amounts owing from Holdings, the Company or any of their Subsidiaries its Affiliates to Executive any federal, state, local or foreign withholding taxes, excise tax, or employment taxes ("Taxes") Taxes imposed with respect to Executive's ’s compensation or other payments from the Company or any of its Affiliates or Executive’s ownership interest in the Company (including, without limitation, wages, bonuses, dividends, the receipt or exercise of equity options and/or the receipt or vesting of restricted equity). In the event the Company or any of its Subsidiaries Affiliates does not make such deductions or withholdings, Executive shall indemnify the Company and its Subsidiaries Affiliates for any amounts paid or payable by the Company with respect to any such TaxesTaxes owed by Executive.
Appears in 5 contracts
Sources: Executive Employment Agreement (Epiq Systems Inc), Executive Employment Agreement (Epiq Systems Inc), Executive Employment Agreement (Epiq Systems Inc)
Indemnification and Reimbursement of Payments on Behalf of Executive. The Company and its Subsidiaries Employer shall be entitled to deduct or withhold from any amounts owing from Holdings, the Company or any of their Subsidiaries Employer to Executive any federal, state, local or foreign withholding taxes, excise taxtaxes, or employment taxes ("Taxes") imposed with respect to Executive's compensation (or other payments from Employer, including, without limitation, wages, bonuses, dividends, the receipt or exercise of equity options and/or the receipt or vesting of restricted equity). In the event the Company or any of its Subsidiaries Employer does not make such deductions or withholdings, Executive shall indemnify the Company and its Subsidiaries Employer for any amounts paid with respect to any such Taxes, together with any interest, penalties and related expenses thereto.
Appears in 5 contracts
Sources: Management Agreement (TNS Inc), Management Agreement (TNS Inc), Management Agreement (TNS Inc)
Indemnification and Reimbursement of Payments on Behalf of Executive. The Company and its Subsidiaries shall be entitled to deduct or withhold from any amounts owing from Holdings, the Company or any of their its Subsidiaries to Executive any federal, state, local or foreign withholding taxes, excise taxtaxes, or employment taxes ("“Taxes"”) imposed with respect to Executive's ’s compensation (or other payments from the Company or its Subsidiaries, including, without limitation, wages, wages and bonuses, dividends, the receipt or exercise of equity options and/or the receipt or vesting of restricted equity). In the event the Company or any of its Subsidiaries does not make such deductions or withholdingswithholdings on Executive’s behalf, Executive shall indemnify the Company and its Subsidiaries for any amounts paid with respect to any such Taxes, together with any interest, penalties and related expenses thereto.
Appears in 5 contracts
Sources: Senior Management Agreement (Pathology Solutions, LLC), Senior Management Agreement (Pathology Solutions, LLC), Senior Management Agreement (Pathology Solutions, LLC)
Indemnification and Reimbursement of Payments on Behalf of Executive. The Company and its Subsidiaries shall be entitled to deduct or withhold from any amounts owing from Holdings, the Company or any of their its Subsidiaries to Executive any federal, state, local or foreign withholding taxes, excise tax, tax or employment taxes ("Taxes") imposed with respect to Executive's compensation (including, without limitation, wages, bonuses, dividends, the receipt or exercise of equity options and/or the receipt or vesting of restricted equity). In the event the Company or any of its Subsidiaries does not make such deductions or withholdings, Executive shall indemnify the Company and its Subsidiaries for any amounts paid with respect to any such Taxes.
Appears in 3 contracts
Sources: Employment Agreement (HealthSpring, Inc.), Employment Agreement (HealthSpring, Inc.), Employment Agreement (HealthSpring, Inc.)
Indemnification and Reimbursement of Payments on Behalf of Executive. The Company and its Subsidiaries shall be entitled to deduct or withhold from any amounts owing from Holdings, the Company or any of their Subsidiaries to the Executive any federal, state, local or foreign withholding taxes, excise taxtaxes, or employment taxes ("“Taxes"”) imposed with respect to the Executive's ’s compensation (or other payments from the Company or the Executive’s ownership interest in the Company, including, without limitationbut not limited to, wages, bonuses, dividends, the receipt or exercise of equity stock options and/or the receipt or vesting of restricted equity)stock. In the event the Company or any of its Subsidiaries does not make such deductions or withholdings, The Executive shall indemnify the Company and its Subsidiaries for any amounts paid with respect to any such Taxes, together with any interest, penalties and related expenses thereto.
Appears in 3 contracts
Sources: Restricted Stock Agreement (Cleveland Biolabs Inc), Restricted Stock Agreement (Cleveland Biolabs Inc), Restricted Stock Agreement (Cleveland Biolabs Inc)
Indemnification and Reimbursement of Payments on Behalf of Executive. The Company and its Subsidiaries shall be entitled to deduct or withhold from any amounts owing from Holdings, the Company or any of their its Subsidiaries to Executive any federal, state, local or foreign withholding taxes, excise tax, or employment taxes ("Taxes") imposed with respect to Executive's compensation (including, without limitation, wages, bonuses, dividends, the receipt or exercise of equity options and/or the receipt or vesting of restricted equity). In the event the Company or any of its Subsidiaries does not make such deductions or withholdings, Executive shall indemnify the Company and its Subsidiaries for any amounts paid with respect to any such Taxes.
Appears in 2 contracts
Sources: Employment Agreement (HealthSpring, Inc.), Employment Agreement (HealthSpring, Inc.)
Indemnification and Reimbursement of Payments on Behalf of Executive. The Company and its Subsidiaries shall be entitled to deduct or withhold from any amounts owing from Holdings, the Company or any of their its Subsidiaries to Executive any federal, state, local or foreign withholding taxes, excise tax, or employment taxes ("“Taxes"”) imposed with respect to Executive's ’s compensation (including, without limitation, wages, bonuses, dividends, the receipt or exercise of equity options and/or the receipt or vesting of restricted equity). In the event the Company or any of its Subsidiaries does not make such deductions or withholdings, Executive shall indemnify the Company and its Subsidiaries for any amounts paid with respect to any such Taxes.
Appears in 2 contracts
Sources: Employment Agreement (HealthSpring, Inc.), Employment Agreement (HealthSpring, Inc.)