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This excerpt taken from the XIDE DEF 14A filed Jul 24, 2009. Tax
Consequences to the Company or a Subsidiary
To the extent that a participant recognizes ordinary income in
the circumstances described above, the Company or the subsidiary
for which the participant performs services will be entitled to
a corresponding deduction provided that, among other things, the
income meets the test of reasonableness, is an ordinary and
necessary business expense, is not an “excess parachute
payment” within the meaning of Section 280G of the
Code and is not disallowed by the $1 million limitation on
certain executive compensation under Section 162(m) of the
Code.
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