Tax Consequences and Withholding Clause Example with 6 Variations from Business Contracts

This page contains Tax Consequences and Withholding 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.
Tax Consequences and Withholding. No Shares will be delivered to you in settlement of vested Units unless you have made arrangements acceptable to the Company for payment of any federal, state, local or foreign withholding taxes that may be due as a result of the delivery of the Shares. You hereby authorize the Company (or any Affiliate) to withhold from payroll or other amounts payable to you any sums required to satisfy such withholding tax obligations, and otherwise agree to satisfy such obligations in accordance with the pro...visions of Section 14 of the Plan. You may elect to satisfy such withholding tax obligations by having the Company withhold a number of Shares that would otherwise be issued to you in settlement of the Units and that have a fair market value equal to the amount of such withholding tax obligations by notifying the Company of such election prior to the Vesting Date. View More

Variations of a "Tax Consequences and Withholding" Clause from Business Contracts

Tax Consequences and Withholding. No As a condition precedent to the delivery of Shares will be delivered to you in settlement of vested Units unless the Earned Units, you have made are required to make arrangements acceptable to the Company for payment of any federal, state, local or foreign withholding taxes that may be due as a result of the delivery settlement of vested Earned Units. The Company will retain a portion of the Shares. You hereby authorize Shares that would otherwise be delivered to you in settlement of vested E...arned Units, which retained Shares shall have a Fair Market Value equal to the amount required to be withheld, unless you provide notice to the Company prior to the vesting date of the Earned Units that you desire to pay cash or direct the Company (or any Affiliate) to withhold from payroll or other amounts payable to you any sums required to satisfy such withholding tax obligations, and otherwise agree to satisfy such obligations in accordance with the provisions of Section 14 15 of the Plan. You may elect Delivery of Shares upon the vesting of Earned Units is subject to satisfy such the satisfaction of applicable withholding tax obligations by having the Company withhold a number of Shares that would otherwise be issued to you in settlement of the Units and that have a fair market value equal to the amount of such withholding tax obligations by notifying the Company of such election prior to the Vesting Date. obligations. View More
Tax Consequences and Withholding. No As a condition precedent to the delivery of Shares will be delivered to you in settlement of vested Units unless Units, you have made are required to make arrangements acceptable to the Company for payment of any federal, state, local or foreign withholding taxes that may be due as a result of the delivery of the Shares. You hereby authorize The Company will retain a portion of the Shares that would otherwise be delivered to you in settlement of vested Units, which retained Shares shall have ...a Fair Market Value on the date the taxes are required to be withheld equal to the amount of taxes required to be withheld, unless you provide notice to the Company prior to the vesting date of the Units that you desire to pay cash or direct the Company (or any Affiliate) to withhold from payroll or other amounts payable to you any sums required to satisfy such withholding tax obligations, and otherwise agree to satisfy such obligations in accordance with the provisions of Section 14 of the Plan. You may elect to satisfy such withholding tax obligations by having the Company withhold a number Delivery of Shares that would otherwise be issued to you in settlement of the vested Units and that have a fair market value equal is subject to the amount satisfaction of such applicable withholding tax obligations by notifying the Company of such election prior to the Vesting Date. obligations. View More
Tax Consequences and Withholding. No As a condition precedent to the delivery of Shares will be delivered to you in settlement of vested Units unless the Units, you have made are required to make arrangements acceptable to the Company for payment of any federal, state, local or foreign withholding taxes that may be due as a result of the delivery settlement of vested Units. The Company will retain a portion of the Shares. You hereby authorize Shares that would otherwise be delivered to you in settlement of vested Units, which re...tained Shares shall have a Fair Market Value equal to the amount required to be withheld, unless you provide notice to the Company prior to the vesting date of the Units that you desire to pay cash or direct the Company (or any Affiliate) to withhold from payroll or other amounts payable to you any sums required to satisfy such withholding tax obligations, and otherwise agree to satisfy such obligations in accordance with the provisions of Section 14 15 of the Plan. You may elect Delivery of Shares upon the vesting of Units is subject to satisfy such the satisfaction of applicable withholding tax obligations by having the Company withhold a number of Shares that would otherwise be issued to you in settlement of the Units and that have a fair market value equal to the amount of such withholding tax obligations by notifying the Company of such election prior to the Vesting Date. obligations. View More
Tax Consequences and Withholding. No Shares will be delivered to you in settlement of vested Units unless you have made arrangements acceptable to the Company for payment of any federal, state, local or foreign withholding taxes that may be due as a result of the delivery of the Shares. You hereby authorize the Company (or any Affiliate) to withhold from payroll or other amounts payable to you any sums required to satisfy such withholding tax obligations, and otherwise agree to satisfy such obligations in accordance with the pro...visions of Section 14 of the Plan. You may elect to satisfy such withholding tax obligations by having the Company withhold withholding a number of Shares that would otherwise be issued to you in settlement of the Units and that have a fair market value 3 equal to the amount of such withholding tax obligation, and otherwise agree to satisfy such obligations by notifying in accordance with the Company provisions of such election prior to Section 14 of the Vesting Date. Plan. View More
Tax Consequences and Withholding. No Shares will be delivered to you in settlement of vested Units unless you have made arrangements acceptable to the Company for payment of any federal, state, local or foreign withholding taxes that may be due as a result of the delivery of the Shares. You hereby authorize the Company (or any Affiliate) to withhold from payroll or other amounts payable to you any sums required to satisfy such withholding tax obligations, and otherwise agree to satisfy such obligations in accordance with the pro...visions of Section 14 of the Plan. You may elect to satisfy such withholding tax obligations by having the Company withhold a number of Shares that would otherwise be issued to you in settlement of the Units and that have a fair market value equal to the amount of such withholding tax obligations by notifying the Company of such election prior to the Vesting Date. View More
Tax Consequences and Withholding. No In the event that the Company is required to withhold for federal, state or local taxes in connection with the settlement of the Units, no Shares will be delivered to you in settlement of vested Units unless you have made arrangements acceptable to the Company for payment of any federal, state, local or foreign withholding taxes that may be due as a result of the delivery of the Shares. You hereby authorize the Company (or any Affiliate) to withhold from payroll or other amounts payable to yo...u any sums required to satisfy such withholding tax obligations, and otherwise agree to satisfy such obligations in accordance with the provisions of Section 14 of the Plan. You Unless otherwise determined by the Committee, you may elect to satisfy such withholding tax obligations by having the Company withhold a number of Shares that would otherwise be issued to you in settlement of the Units and that have a fair market value equal to the amount of such withholding tax obligations by notifying the Company of such election prior to the Vesting Date. View More