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Walt Disney Company (DIS)
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DIS » Topics » Aggregate Payment

This excerpt taken from the DIS 8-K filed Oct 6, 2005.
Aggregate Payment”) constitutes a parachute payment, as such term is defined in Section 280G(b)(2) of the Internal Revenue Code, the Company shall pay to the Executive, prior to the time any excise tax imposed by Section 4999 of the Internal Revenue Code (“
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