Common use of Section 409A Tax Clause in Contracts

Section 409A Tax. Interest charges and taxes imposed by Section 409A(a)(1)(B) of the Code, or any state, local, or foreign taxes of a similar nature, or any interest charges or penalties with respect to such taxes.

Appears in 3 contracts

Sources: Key Executive Employment and Severance Agreement (Mgic Investment Corp), Key Executive Employment and Severance Agreement (Mgic Investment Corp), Key Executive Employment and Severance Agreement (Mgic Investment Corp)