Officers' Consent for Repayment

OFFICERS' CONSENT FOR REPAYMENT

(COMPENSATION DECLARED UNREASONABLE)

 

The undersigned, an officer of _______________________, Inc. , agree that if any part of the compensation of the undersigned officer be disallowed as unreasonable compensation and/or an unreasonable deduction in the calculation of the federal income tax liability of said _______________________, Inc. by the Internal Revenue Service of the Department of the Treasury of the United States, that the undersigned officer shall repay the full amount of all such compensation deemed unreasonable to the _______________________, Inc. within _____ days after a final disallowance of such deduction by the Internal Revenue Service and the conclusion of any appeals made from such a determination.

_____________________ ___________________  

Name and Title Date                    

_____________________  

Signature

 

 

Warning:

These forms are provided AS IS. They may not be any good. Even if they are good in one jurisdiction, they may not work in another. And the facts of your situation may make these forms inappropriate for you. They are for informational purposes only, and you should consult an attorney before using them.

Talk to a Lawyer

Need a lawyer? Start here.

How it Works

  1. Briefly tell us about your case
  2. Provide your contact information
  3. Choose attorneys to contact you
NEED PROFESSIONAL HELP ?

Talk to an attorney.

How It Works

  1. Briefly tell us about your case
  2. Provide your contact information
  3. Choose attorneys to contact you