Common use of No Representations as to Section 409A Compliance Clause in Contracts

No Representations as to Section 409A Compliance. Notwithstanding the foregoing, the Company does not make any representation to the Recipient that the shares of RSUs awarded pursuant to this Agreement are exempt from, or satisfy, the requirements of Section 409A, and the Company shall have no liability or other obligation to indemnify or hold harmless the Recipient or any Beneficiary for any tax, additional tax, interest or penalties that the Recipient or any Beneficiary may incur in the event that any provision of this Agreement, or any amendment or modification thereof or any other action taken with respect thereto is deemed to violate any of the requirements of Section 409A.

Appears in 11 contracts

Sources: Restricted Stock Unit Agreement (Quest Resource Holding Corp), Restricted Stock Unit Agreement (Quest Resource Holding Corp), Performance Based Restricted Stock Unit Agreement (Hope Bancorp Inc)

No Representations as to Section 409A Compliance. Notwithstanding the foregoing, the Company does not make any representation to the Recipient that the shares of RSUs and the Dividend Equivalents, if any, awarded pursuant to this Agreement are exempt from, or satisfy, the requirements of Section 409A, and the Company shall have no liability or other obligation to indemnify or hold harmless the Recipient or any Beneficiary for any tax, additional tax, interest or penalties that the Recipient or any Beneficiary may incur in the event that any provision of this Agreement, or any amendment or modification thereof or any other action taken with respect thereto is deemed to violate any of the requirements of Section 409A.

Appears in 11 contracts

Sources: Restricted Stock Unit Agreement (Lifepoint Health, Inc.), Restricted Stock Unit Agreement (Lifepoint Health, Inc.), Restricted Stock Unit Agreement (Lifepoint Health, Inc.)

No Representations as to Section 409A Compliance. Notwithstanding the foregoing, the Company does not make any representation to the Recipient that the shares of RSUs awarded pursuant to this Agreement are exempt from, or satisfy, the requirements of Section 409A, and the Company shall have no liability or other obligation to indemnify or hold harmless the Recipient or any Beneficiary for any tax, additional tax, interest or penalties that the Recipient or any Beneficiary may incur in the event that any provision of this Agreement, or any amendment or modification thereof or any other action taken with respect thereto is deemed to violate any of the requirements of Section 409A.

Appears in 9 contracts

Sources: Restricted Stock Unit Agreement (Acuren Corp), Restricted Stock Unit Agreement (Namib Minerals), Restricted Stock Unit Agreement (Twin Hospitality Group Inc.)

No Representations as to Section 409A Compliance. Notwithstanding the foregoing, the Company does not make any representation to the Recipient that the shares of RSUs DSUs awarded pursuant to this Agreement are exempt from, or satisfy, the requirements of Section 409A, and the Company shall have no liability or other obligation to indemnify or hold harmless the Recipient or any Beneficiary for any tax, additional tax, interest or penalties that the Recipient or any Beneficiary may incur in the event that any provision of this Agreement, or any amendment or modification thereof or any other action taken with respect thereto is deemed to violate any of the requirements of Section 409A.

Appears in 2 contracts

Sources: Deferred Stock Unit Agreement (Quest Resource Holding Corp), Deferred Stock Unit Agreement (Quest Resource Holding Corp)

No Representations as to Section 409A Compliance. Notwithstanding the foregoing, the Company Corporation does not make any representation to the Recipient that the shares of RSUs awarded pursuant to this Agreement are exempt from, or satisfy, the requirements of Section 409A, and the Company Corporation shall have no liability or other obligation to indemnify or hold harmless the Recipient or any Beneficiary for any tax, additional tax, interest or penalties that the Recipient or any Beneficiary may incur in the event that any provision of this Agreement, or any amendment or modification thereof or any other action taken with respect thereto is deemed to violate any of the requirements of Section 409A.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (VBI Vaccines Inc/Bc)