OFFICERS' CONSENT FOR REPAYMENT OF COMPENSATION DECLARED UNREASONABLE
The undersigned, each an officer of the [COMPANY NAME] Corporation, agrees that in the event that any part of my compensation will be disallowed by the Internal Revenue Service of the Department of the Treasury of the United States as unreasonable compensation and an unreasonable deduction in the calculation of this Corporation's federal income tax liability that I shall repay to the Corporation within [N] days after a final disallowance of such deduction by the Internal Revenue Service and the conclusion of any appeals I may choose to make from such a determination. Name ____________________ ____________________ ____________________ ____________________ Title _________________ _________________ _________________ _________________ Signature ___________________ ___________________ ___________________ ___________________