Payment of Taxes Clause Example from Business Contracts

This example Payment of Taxes clause appears in 4 contracts from 1 company

Payment of Taxes. Company may from time to time require Employee to pay to the Company (or the Company's Subsidiary if Employee is an employee of a Subsidiary) the amount that Company deems necessary to satisfy Company's or its Subsidiary's current or future obligation to withhold federal, state or local income or other taxes that Employee incurs as a result of the Award. With respect to any required tax withholding, unless another arrangement is permitted by Company in its discretion, Company shall withhold from... the shares of Stock to be issued to Employee the number of shares necessary to satisfy the Company's obligation to withhold taxes, that determination to be based on the shares' Fair Market Value at the time as of which such determination is made. In the event Company subsequently determines that the aggregate Fair Market Value of any shares of Stock withheld as payment of any tax withholding obligation is insufficient to discharge that tax withholding obligation, then Employee shall pay to the Company, immediately upon the Company's request, the amount of that deficiency. View More
Found in Eclipse Resources Corp contract
Eclipse Resources Corp Contracts

PERFORMANCE UNIT AWARD AGREEMENT ECLIPSE RESOURCES CORPORATION 2014 LONG-TERM INCENTIVE PLAN (Filed With SEC on March 2, 2016)

RESTRICTED STOCK UNIT AWARD AGREEMENT ECLIPSE RESOURCES CORPORATION 2014 LONG-TERM INCENTIVE PLAN (Filed With SEC on March 2, 2016)

PERFORMANCE UNIT AWARD AGREEMENT ECLIPSE RESOURCES CORPORATION 2014 LONG-TERM INCENTIVE PLAN (Filed With SEC on April 26, 2016)

RESTRICTED STOCK UNIT AWARD AGREEMENT ECLIPSE RESOURCES CORPORATION 2014 LONG-TERM INCENTIVE PLAN (Filed With SEC on February 25, 2015)