Tax Withholding Clause Example from Business Contracts

This example Tax Withholding clause appears in 7 contracts from 2 companies

Tax Withholding. Upon the vesting and/or distribution of Common Shares in respect to the Performance Awards, the Corporation (or the Subsidiary last employing the Participant) shall have the right at its option to (a) require the Participant to pay or provide for payment in respect of cash of the amount of any taxes that the Corporation or any Subsidiary may be required to withhold with respect to such vesting and/or distribution, or (b) deduct from any amount payable to the Participant the amount of any taxes w...hich the Corporation or any Subsidiary may be required to withhold with respect to such vesting and/or distribution. In any case where a tax is required to be withheld in connection with the delivery of Common Shares under this Agreement, the Compensation Committee may, in its sole discretion, direct the Corporation or the Subsidiary to reduce the number of shares to be delivered by (or otherwise reacquire) the appropriate number of whole shares, valued at their then Fair Market Value (with the "Fair Market Value" of such shares determined in accordance with the applicable provisions of the Plan), to satisfy such withholding obligation at the minimum applicable withholding rates. View More
Found in American States Water Company contract
Golden State Water CO Contracts

Form of 2019 Performance Award Agreement (Filed With SEC on February 1, 2019)

American States Water Company Contracts

Form of 2018 Performance Award Agreement (Filed With SEC on February 2, 2018)

AMERICAN STATES WATER COMPANY 2016 STOCK INCENTIVE PLAN 2017 PERFORMANCE AWARD AGREEMENT (Filed With SEC on February 6, 2017)

AMERICAN STATES WATER COMPANY AMENDED AND RESTATED 2008 STOCK INCENTIVE PLAN 2016 PERFORMANCE AWARD AGREEMENT (Filed With SEC on January 29, 2016)

AMERICAN STATES WATER COMPANY AMENDED AND RESTATED 2008 STOCK INCENTIVE PLAN 2015 PERFORMANCE AWARD AGREEMENT (Filed With SEC on January 30, 2015)

AMERICAN STATES WATER COMPANY AMENDED AND RESTATED 2008 STOCK INCENTIVE PLAN 2015 PERFORMANCE AWARD AGREEMENT (Filed With SEC on November 21, 2014)

AMERICAN STATES WATER COMPANY AMENDED AND RESTATED 2008 STOCK INCENTIVE PLAN 2013 PERFORMANCE AWARD AGREEMENT (Filed With SEC on March 15, 2013)