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 the Company or any of its Subsidiaries to Executive any federal, state, local or foreign withholding taxes, excise taxes, or employment taxes ("TAXES") imposed with respect to Executive's compensation or other payments from the Company or any of its Subsidiaries or Executive's ownership interest in the Company, including, without limitation, wages, bonuses, dividends, the receipt or exercise of stock options and/or the receipt or vesting of restricted stock. In the event the Company or its Subsidiaries does not make such deductions or withholdings, Executive shall indemnify the Company and its Subsidiaries for any amounts paid by the Company with respect to any such Taxes, together with any interest, penalties and related expenses thereto.
Appears in 4 contracts
Sources: Senior Management Agreement (Digitalnet Holdings Inc), Senior Management Agreement (Digitalnet Holdings Inc), Senior Management Agreement (Digitalnet Holdings 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 the Company or any of its Subsidiaries to Executive any federal, state, local or foreign withholding taxes, excise taxestax, or employment taxes ("TAXESTaxes") imposed with respect to Executive's compensation or other payments from the Company or any of its Subsidiaries or Executive's ownership interest in the Company, Company (including, without limitation, wages, bonuses, dividends, the receipt or exercise of stock equity options and/or the receipt or vesting of restricted stockequity). 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 by the Company with respect to any such Taxes, together with any interest, penalties and related expenses thereto.
Appears in 3 contracts
Sources: Employment Agreement (Hillman Companies Inc), Employment Agreement (Hillman Companies Inc), Employment Agreement (Hillman Companies 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 the Company or any of its Subsidiaries to Executive any federal, state, local or foreign withholding taxes, excise taxes, or employment taxes ("TAXES") imposed with respect to Executive's compensation or other payments from the Company or any of its Subsidiaries or Executive's ownership interest in the Company, including, without limitation, wages, bonuses, dividends, the receipt or exercise of stock equity options and/or the receipt or vesting of restricted stockequity. 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 by the Company with respect to any such Taxes, together with any interest, penalties and related expenses thereto.. 31
Appears in 2 contracts
Sources: Senior Management Agreement (Prestige Brands International, Inc.), Senior Management Agreement (Prestige Brands Holdings, 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 the Company or any of its Subsidiaries to Executive any federal, state, local or foreign withholding taxes, excise taxestax, or employment taxes ("TAXES"“Taxes”) imposed with respect to Executive's ’s compensation or other payments from the Company or any of its Subsidiaries or Executive's ’s ownership interest in the Company, Company (including, without limitation, wages, bonuses, dividends, the receipt or exercise of stock equity options and/or the receipt or vesting of restricted stockequity). 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 by the Company with respect to any such Taxes, together with any interest, penalties and related expenses thereto.
Appears in 2 contracts
Sources: Employment Agreement (Hillman Companies Inc), Employment Agreement (Hillman Companies 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 the Company or any of its Subsidiaries to Executive any federal, state, local or foreign withholding taxes, excise taxes, or employment taxes ("TAXES"“Taxes”) imposed with respect to Executive's ’s compensation or other payments from the Company or any of its Subsidiaries or Executive's ’s ownership interest in the Company, including, without limitation, wages, bonuses, dividends, the receipt or exercise of stock equity options and/or the receipt or vesting of restricted stockequity. 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 by the Company with respect to any such Taxes, together with any interest, penalties and related expenses thereto.
Appears in 2 contracts
Sources: Senior Management Agreement (Prestige Brands Holdings, Inc.), Executive Employment Agreement (Prestige Brands Holdings, 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 the Company or any of its Subsidiaries to Executive any federal, state, local or foreign withholding taxes, excise taxestax, or employment taxes ("TAXES"“Taxes”) imposed by law with respect to Executive's ’s compensation or other payments from the Company or any of its Subsidiaries or Executive's ’s ownership interest in the Company, Company (including, without limitation, wages, bonuses, dividends, the receipt or exercise of stock equity options and/or the receipt or vesting of restricted stockequity). 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 by the Company with respect to any such Taxes, together with any interest, penalties and related expenses thereto.
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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 the Company or any of its Subsidiaries to Executive any federal, state, local or foreign withholding taxes, excise taxes, or employment taxes ("TAXES"“Taxes”) imposed with respect to Executive's ’s compensation or other payments from the Company or any of its Subsidiaries or Executive's ’s ownership interest in the Company, including, without limitation, wages, bonuses, dividends, the receipt or exercise of stock equity options and/or the receipt or vesting of restricted stockequity. In the event the Company or its Subsidiaries does not make such sucli deductions or withholdings, Executive shall indemnify the Company and its Subsidiaries for any amounts paid by the Company with respect to any such Taxes, together with any interest, penalties and related expenses thereto.
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