Common use of No Obligation to Notify or Minimize Taxes Clause in Contracts

No Obligation to Notify or Minimize Taxes. The Company shall have no duty or obligation to any Holder to advise such Holder as to the time or manner of exercising any Award. Furthermore, the Company shall have no duty or obligation to warn or otherwise advise such Holder of a pending termination or expiration of an Award or a possible period in which the Award may not be exercised. The Company has no duty or obligation to minimize the tax consequences of an Award to any person.

Appears in 2 contracts

Sources: Merger Agreement (BYTE Acquisition Corp.), Business Combination Agreement (HH&L Acquisition Co.)

No Obligation to Notify or Minimize Taxes. The Company shall will have no duty or obligation to any Holder Participant to advise such Holder holder as to the time or manner of exercising any such Award. Furthermore, the Company shall will have no duty or obligation to warn or otherwise advise such Holder holder of a pending termination or expiration of an Award or a possible period in which the Award may not be exercised. The Company has no duty or obligation to minimize the tax consequences of an Award to any person.the holder of such Award

Appears in 2 contracts

Sources: Business Combination Agreement (Grab Holdings LTD), Business Combination Agreement (Altimeter Growth Corp.)

No Obligation to Notify or Minimize Taxes. The Company shall will have no duty or obligation to any Holder Participant to advise such Holder holder as to the time or manner of exercising any an Award. Furthermore, the Company shall will have no duty or obligation to warn or otherwise advise such Holder holder of a pending termination or expiration of an Award or a possible period in which the Award may not be exercised. The Company has no duty or obligation to minimize the tax consequences of an Award to any personthe holder of such Award.

Appears in 2 contracts

Sources: Merger Agreement (Trailblazer Merger Corp I), Merger Agreement (Amergent Hospitality Group, Inc)

No Obligation to Notify or Minimize Taxes. The Company shall will have no duty or obligation to any Holder Participant to advise such Holder holder as to the time or manner of exercising any such Award. Furthermore, the Company shall will have no duty or obligation to warn or otherwise advise such Holder holder of a pending termination or expiration of an Award or a possible period in which the Award may not be exercised. The Company has no duty or obligation to minimize the tax consequences of an Award to any personthe holder of such Award.

Appears in 2 contracts

Sources: Business Combination Agreement (TradeUP Global Corp), Business Combination Agreement (TradeUP Global Corp)

No Obligation to Notify or Minimize Taxes. The Company shall will have no duty or obligation to any Holder Participant to (i) advise such Holder Participant as to the time or manner of exercising any Award. Furthermore, the Company shall have no duty or obligation to (ii) warn or otherwise advise such Holder Participant of a pending termination or expiration of an Award or a possible period in which the Award may not be exercised. The Company has no duty , or obligation to (iii) minimize the tax consequences of an any Award to any personsuch Participant.

Appears in 2 contracts

Sources: Stock Plan (Life Spectacular, Inc.), Equity Incentive Plan

No Obligation to Notify or Minimize Taxes. The Company shall will have no duty or obligation to any Holder Participant to advise such Holder holder as to the time or manner of exercising any such Stock Award. Furthermore, the Company shall will have no duty or obligation to warn or otherwise advise such Holder holder of a pending termination or expiration of an Award or a possible period in which the Award may not be exercised. The Company has no duty or obligation to minimize the tax consequences of an Award to any personthe holder of such Award.

Appears in 1 contract

Sources: Executive Employment Agreement (Mobileiron, Inc.)

No Obligation to Notify or Minimize Taxes. The Company shall will have no duty or obligation to any Holder Participant to advise such Holder holder as to the tax treatment or time or manner of exercising any such Stock Award. Furthermore, the Company shall will have no duty or obligation to warn or otherwise advise such Holder holder of a pending termination or expiration of an Award or a possible period in which the Award may not be exercised. The Company has no duty or obligation to minimize the tax consequences of an Award to any personthe holder of such Award.

Appears in 1 contract

Sources: Restricted Stock Unit Grant Agreement (Entasis Therapeutics Holdings Inc.)