Payment of Taxes Clause Example with 21 Variations from Business Contracts

This page contains Payment of Taxes clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Payment of Taxes. The Company or any of its Affiliates employing you has the authority and the right to deduct or withhold, or require you to remit to the employer, an amount sufficient to satisfy federal, state, and local taxes (including your FICA obligation) required by law to be withheld with respect to any taxable event arising as a result of the vesting or payment of this Award. With respect to such withholding, the employer may satisfy the tax withholding requirement by withholding Shares having a Fair Mar...ket Value as of the date that the amount of tax to be withheld is to be determined as nearly equal as possible to the total minimum statutory tax required to be withheld. The obligations of the Company under this Award Agreement will be conditional on such payment or arrangements, and the Company, and, where applicable, its Affiliates will, to the extent permitted by law, have the right to deduct any such taxes from any payment of any kind otherwise due to you. View More
Found in Genworth Financial contract

Variations of a "Payment of Taxes" Clause from Business Contracts

Payment of Taxes. The Company or any of its Affiliates Affiliate employing you Grantee has the authority and the right to deduct or withhold, or require you Grantee to remit to the employer, an amount sufficient to satisfy federal, state, and local taxes (including your Grantee's FICA obligation) required by law to be withheld with respect to any taxable event arising as a result of the vesting or payment settlement of this the Award. With respect to such withholding, the employer may satisfy the tax The withhold...ing requirement may be satisfied, in whole or in part, by withholding from the settlement of the Performance Shares a number of Shares having a Fair Market Value as of fair market value equal to the date that the minimum amount of tax (and not any greater amount) required to be withheld is to be determined for tax purposes, all in accordance with such procedures as nearly equal as possible to the total minimum statutory tax required to be withheld. Company establishes. The obligations of the Company under this Award Agreement Certificate will be conditional on such payment or arrangements, and the Company, and, where applicable, its Affiliates will, to the extent permitted by law, have the right to deduct any such taxes from any payment of any kind otherwise due otherwise. - 4 - 8. Restrictions on Issuance of Shares. If at any time the Committee shall determine in its discretion, that registration, listing or qualification of the Shares underlying the Performance Shares upon any securities exchange or similar self-regulatory organization or under any foreign, federal, or local law or practice, or the consent or approval of any governmental regulatory body, is necessary or desirable as a condition to you. the settlement of the Performance Shares, the Shares will not be paid unless and until such registration, listing, qualification, consent or approval shall have been effected or obtained free of any conditions not acceptable to the Committee. View More
Found in DENNYS CORP contract
Payment of Taxes. The Company or any of its Affiliates Affiliate employing you Grantee has the authority and the right to deduct or withhold, or require you Grantee to remit to the employer, an amount sufficient to satisfy federal, state, and local all applicable taxes (including your FICA obligation) Grantee's income tax and employee national insurance obligations) required by law to be withheld with respect to any taxable event arising as a result of the vesting or payment settlement of this Award. With respect... to such withholding, the employer may satisfy the tax Units. The withholding requirement may be satisfied, in whole or in part, at the election of the Company's general counsel, principal financial officer or chief accounting officer, by withholding from the settlement of the stock units Shares having a Fair Market Value as of on the date that of withholding equal to the minimum amount of tax (and not any greater amount) required to be withheld is to be determined for tax purposes, all in accordance with such procedures as nearly equal as possible to the total minimum statutory tax required to be withheld. such officer establishes. The obligations of the Company under this Award Agreement Certificate will be conditional on such payment or arrangements, and the Company, Company and, where applicable, its Affiliates will, to the extent permitted by law, have the right to deduct any such taxes from any payment of any kind otherwise due to you. Grantee. View More
Found in Global Payments Inc. contract
Payment of Taxes. The Company or any of its Affiliates employing you has the authority and the right to deduct or withhold, or require you to remit to the employer, an amount sufficient to satisfy federal, state, and local taxes (including your FICA obligation) obligation), domestic or foreign, required by law to be withheld with respect to any taxable event arising as a result of the vesting or payment of this Award. With respect to such withholding, the employer may satisfy the tax withholding requirement by wi...thholding Shares having a Fair Market Value as of the date that the amount of tax to be withheld is to be determined as nearly equal as possible to the total minimum statutory tax amount required to be withheld. withheld in accordance with applicable tax requirements, all in accordance with such procedures as the Committee establishes. The obligations of the Company under this Award Agreement will be conditional on such payment or arrangements, and the Company, and, where applicable, its Affiliates Company will, to the extent permitted by law, have the right to deduct in cash or Shares any such taxes from any payment of any kind otherwise due to you. 4 9. Nontransferability. This Award may not be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated ("Transfer"), other than by will or by the laws of descent and distribution, except as provided in the Plan. If any prohibited Transfer, whether voluntary or involuntary, of the Award is attempted to be made, or if any attachment, execution, garnishment, or lien shall be attempted to be issued against or placed upon this Award, your right to receive any payment pursuant to the terms of this Award shall be immediately and automatically be forfeited, and this Award Agreement shall be null and void. View More
Found in Genworth Financial contract
Payment of Taxes. The Company or any of its Affiliates Affiliate employing you Grantee has the authority and the right to deduct or withhold, or require you Grantee to remit to the employer, an amount sufficient to satisfy federal, state, and local taxes (including your Grantee's FICA obligation) required by law to be withheld with respect to any taxable event arising as a result of the vesting or payment of this Award. With respect to such withholding, the employer may satisfy the tax withholding requirement by ...withholding Shares having a Fair Market Value as of the date that the amount of tax to be withheld is to be determined as nearly equal as possible to the total minimum statutory tax required to be withheld. Performance Awards. The obligations of the Company under this Award Agreement will be conditional on such payment or arrangements, and the Company, Company and, where applicable, its Affiliates will, to the extent permitted by law, have the right to deduct any such taxes from any payment of any kind otherwise due to you. Grantee. View More
Found in EQM Midstream Partners, LP contract
Payment of Taxes. The Company or any of its Affiliates Affiliate employing you Grantee has the authority and the right to deduct or withhold, or require you Grantee to remit to the employer, an amount sufficient to satisfy federal, state, and local taxes (including your Grantee's FICA obligation) required by law to be withheld with respect to any taxable event arising as a result of the vesting or payment settlement of this the Award. With The withholding requirement with respect to such withholding, the employer... Performance Shares only may satisfy the tax withholding requirement be satisfied, in whole or in part, by withholding from the settlement of the Performance Shares a number of Shares having a Fair Market Value as of fair market value equal to the date that the minimum amount of tax (and not any greater amount) required to be withheld is to be determined for tax purposes, all in accordance with such procedures as nearly equal as possible to the total minimum statutory tax required to be withheld. Company establishes. The obligations of the Company under this Award Agreement Certificate will be conditional on such payment or arrangements, and the Company, and, where applicable, its Affiliates will, to the extent permitted by law, have the right to deduct any such taxes from any payment of any kind otherwise due to you. otherwise. View More
Found in DENNYS CORP contract
Payment of Taxes. The Company or any of its Affiliates Affiliate or Subsidiary employing you the Participant has the authority and the right to deduct or withhold, or require you the Participant to remit to the employer, an amount sufficient to satisfy federal, state, and local taxes (including your the Participant's FICA obligation) required by law to be withheld with respect to any taxable event arising as a result of the vesting or payment settlement of this Award. the Performance RSUs. With respect to such wi...thholding, withholding required upon any taxable event arising as a result of the Performance RSUs, the employer may will satisfy the tax withholding requirement by withholding Shares having a Fair Market Value as of the date that the amount of tax to be withheld is to be determined as nearly equal as possible to (but no more than) the total minimum statutory tax required to be withheld. The obligations of the Company under this Award Agreement to payout the Performance RSUs will be conditional on such payment or arrangements, and the Company, and, where applicable, its Affiliates or Subsidiaries will, to the extent permitted by law, have the right to deduct any such taxes from any payment of any kind otherwise due to you. the Participant. View More
Found in GRAPHIC PACKAGING HOLDING CO contract
Payment of Taxes. The Company or any of its Affiliates employing you has the authority and the right to deduct or withhold, or require you to remit to the employer, an amount sufficient to satisfy federal, state, and local taxes (including your FICA obligation) obligation), domestic or foriegn required by law to be withheld with respect to any taxable event arising as a result of the vesting or payment of this Award. With respect to such withholding, the employer may satisfy the tax withholding requirement by wit...hholding Shares having a Fair Market Value as of the date that the amount of tax to be withheld is to be determined as nearly equal as possible to the total minimum statutory tax required to be withheld. The obligations of the Company under this Award Agreement will be conditional on such payment or arrangements, and the Company, and, where applicable, its Affiliates will, to the extent permitted by law, have the right to deduct in cash or Shares any such taxes from any payment of any kind otherwise due to you. View More
Found in Genworth Financial contract
Payment of Taxes. The Company or any of its Affiliates Affiliate or Subsidiary employing you the Participant has the authority and the right to deduct or withhold, or require you the Participant to remit to the employer, an amount sufficient to satisfy federal, state, and local taxes (including your the Participant's FICA obligation) required by law to be withheld with respect to any taxable event arising as a result of the vesting or payment conversion of this Award. the RSUs. With respect to such withholding, w...ithholding required upon any taxable event arising as a result of the RSUs, the employer may will satisfy the tax withholding requirement by withholding Shares having a Fair Market Value as of the date that the amount of tax to be withheld is to be determined as nearly equal as possible to (but no more than) the total minimum statutory tax required to be withheld. The obligations of the Company under this Award Agreement to payout the RSUs will be conditional on such payment or arrangements, and the Company, and, where applicable, its Affiliates or Subsidiaries will, to the extent permitted by law, have the right to deduct any such taxes from any payment of any kind otherwise due to you. the Participant. View More
Found in GRAPHIC PACKAGING HOLDING CO contract
Payment of Taxes. The Company or and any of its Affiliates Affiliate employing you Grantee has the authority and the right to deduct or withhold, or require you Grantee to remit to the employer, an amount sufficient to satisfy federal, state, and local taxes (including your Grantee's FICA obligation) required by law to be withheld with respect to any taxable event arising as a result of the vesting or payment of this Award. award. With respect to such withholding, withholding required upon any taxable event arisi...ng as a result of this award, to the extent the Committee determines that the Confirmed Performance Share Units will be paid in shares of Company Common Stock, the employer may shall satisfy the tax withholding requirement required by withholding Shares shares of Company Common Stock, having a Fair Market Value as of the date that the amount of tax to be withheld is to be determined as nearly equal as possible to the total minimum statutory amount of tax required to be withheld. The obligations of the Company under this Award Agreement will be conditional on such payment or arrangements, and the Company, and, where applicable, Company and its Affiliates will, to the extent permitted by law, have the right to deduct any such taxes from any payment of any kind otherwise due to you. Grantee. View More
Found in EQT Corp contract
Payment of Taxes. The Company or any of its Affiliates Affiliate employing you Grantee has the authority and the right to deduct or withhold, or require you Grantee to remit to the employer, an amount sufficient to satisfy federal, state, and local taxes (including your Grantee's FICA obligation) required by law to be withheld with respect to any taxable event arising as a result of the vesting or payment of this Award. Performance Awards. With respect to such withholding, withholding required upon any taxable ev...ent arising as a result of the Performance Awards, the employer may satisfy the tax withholding requirement required by withholding Shares Common Units having a Fair Market Value as of the date that the amount of tax to be withheld is to be determined as nearly equal as possible to (but no more than) the total minimum statutory tax required to be withheld. The obligations of the Company and EQM Services under this Award Agreement will be conditional on such payment or arrangements, and the Company, Company and, where applicable, its Affiliates will, to the extent permitted by law, have the right to deduct any such taxes from any payment of any kind otherwise due to you. Grantee. View More
Found in EQM Midstream Partners, LP contract