Tax Withholding Clause Example with 5 Variations from Business Contracts

This page contains Tax 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 Withholding. In the event you do not make prior arrangements with Toro to pay any tax withholding obligations that may arise in connection with this Performance Share Award, Toro will deduct or withhold from the Shares issued under this Agreement any federal, state, local or other taxes of any kind that Toro reasonably determines are required by law to be withheld with respect to income recognized or will take such other action as may be necessary in the opinion of Toro to satisfy all obligations for the pay...ment of such taxes. If the payment of tax withholding obligations is satisfied in the form of withheld or surrendered Shares, such Shares will be valued at their Fair Market Value on the date the withholding is to be determined, but in no event shall such withholding exceed the minimum statutory withholding requirement. View More
Found in Toro Company contract

Variations of a "Tax Withholding" Clause from Business Contracts

Tax Withholding. In the event you do not make prior arrangements with Toro to pay any tax withholding obligations that may arise in connection with this Performance Share Award, Toro will deduct or withhold from the Award Shares issued under this Agreement any federal, state, local or other taxes of any kind kind, domestic or foreign, that Toro or any plan administrator of the Plan, as applicable, reasonably determines are is required by law to be withheld with respect to income recognized in connection with thi...s RSU Award or will take such other action as may be 2 necessary in the opinion of Toro to satisfy all obligations for the payment of such taxes. If the payment of Any Award Shares withheld to pay such tax withholding obligations is satisfied in the form of withheld or surrendered Shares, such Shares will be valued at their Fair Market Value on the date the withholding is to be determined, but in no event shall such withholding shall not exceed an amount of withholding based on the minimum maximum statutory tax rates in your applicable tax jurisdictions (unless a lesser amount of withholding requirement. is required to avoid the classification of the RSU Award as a liability on Toro's consolidated balance sheet or other adverse accounting treatment). View More
Found in Toro Company contract
Tax Withholding. In the event you do not make prior arrangements with Toro to pay any tax withholding obligations that may arise in connection with this Performance Share Award, Toro will deduct or withhold from the Award Shares issued under this Agreement any federal, state, local or other taxes of any kind kind, domestic or foreign, that Toro or any plan administrator of the Plan, as applicable, reasonably determines are is required by law to be withheld with respect to income recognized in connection with thi...s Restricted Stock Award or will take such other action as may be necessary in the opinion of Toro to satisfy all obligations for the payment of such taxes. If the payment of Any Award Shares withheld to pay such tax withholding obligations is satisfied in the form of withheld or surrendered Shares, such Shares will be valued at their Fair Market Value on the date the withholding is to be determined, but in no event shall such withholding shall not exceed an amount of withholding based on the minimum maximum statutory tax rates in your applicable tax jurisdictions (unless a lesser amount of withholding requirement. is required to avoid the classification of the Restricted Stock Award as a liability on Toro's consolidated balance sheet or other adverse accounting treatment). View More
Found in Toro Company contract
Tax Withholding. In the event you do not make prior arrangements with Toro to pay any tax withholding obligations that may arise in connection with this Performance Share Award, Toro will deduct or withhold from the Shares issued under this Agreement any federal, state, local or other taxes of any kind kind, domestic or foreign, that Toro or any plan administrator of the Plan, as applicable, reasonably determines are is required by law to be withheld with respect to income recognized or will take such other acti...on as may be necessary in the opinion of Toro to satisfy all obligations for the payment of such taxes. If the payment of tax withholding 4 obligations is satisfied in the form of withheld or surrendered Shares, such Shares will be valued at their Fair Market Value on the date the withholding is to be determined, but in no event shall such withholding shall not exceed an amount of withholding based on the minimum maximum statutory tax rates in your applicable tax jurisdictions (unless a lesser amount of withholding requirement. is required to avoid the classification of the Performance Share Aware as a liability on Toro's consolidated balance sheet or other adverse accounting treatment). View More
Found in Toro Company contract
Tax Withholding. In the event you do not make prior arrangements with Toro to pay any tax withholding obligations that may arise in connection with this Performance Share Award, Toro will deduct or withhold from the Award Shares issued under this Agreement any federal, state, local or other taxes of any kind that Toro reasonably determines are required by law to be withheld with respect to income recognized in connection with this Restricted Stock Award or will take such other action as may be necessary in the o...pinion of Toro to satisfy all obligations for the payment of such taxes. If the payment of Any Award Shares withheld to pay such tax withholding obligations is satisfied in the form of withheld or surrendered Shares, such Shares will be valued at their Fair Market Value on the date the withholding is to be determined, but in no event shall such withholding exceed the minimum statutory withholding requirement. View More
Found in Toro Company contract
Tax Withholding. In the event you do not make prior arrangements with Toro to pay any tax withholding obligations that may arise in connection with this Performance Share Award, Toro will deduct or withhold from the Award Shares issued under this Agreement any federal, state, local or other taxes of any kind that Toro reasonably determines are required by law to be withheld with respect to income recognized in connection with this RSU Award or will take such other action as may be necessary in the opinion of Tor...o to satisfy all obligations for the payment of such taxes. If the payment of Any Award Shares withheld to pay such tax withholding obligations is satisfied in the form of withheld or surrendered Shares, such Shares will be valued at their Fair Market Value on the date the withholding is to be determined, but in no event shall such withholding exceed the minimum statutory withholding requirement. View More
Found in Toro Company contract