Tax Consequences and Withholding Clause Example from Business Contracts

This example Tax Consequences and Withholding clause appears in 4 contracts from 1 company

Tax Consequences and Withholding. As a condition precedent to the delivery of Shares in settlement of vested Units, you 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. 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 eq...ual 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. Delivery of Shares in settlement of vested Units is subject to the satisfaction of applicable withholding tax obligations. View More Arrow
Found in Shoe Carnival, Inc. contract
Shoe Carnival, Inc. Contracts

Form of 2022 Restricted Stock Unit Award Agreement under the Shoe Carnival, Inc. 2017 Equity Incentive Plan (Executive Officers) (Filed With SEC on March 15, 2022)

Form of 2022 Performance Stock Unit Award Agreement under the Shoe Carnival, Inc. 2017 Equity Incentive Plan (Executive Officers) (Filed With SEC on March 15, 2022)

Form of Award Agreement for performance stock units granted to executive officers under the Shoe Carnival, Inc. 2017 Equity Incentive Plan (Filed With SEC on April 13, 2018)

SHOE CARNIVAL, INC. 2017 EQUITY INCENTIVE PLAN Restricted Stock Unit Award Agreement (Executive Officers) (Filed With SEC on August 31, 2017)