Tax Withholding Clause Example with 4 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. The Participant will make adequate provision to satisfy the Tax-Related Items withholding obligations, if any, of the Company and/or the applicable Designated Company which arise with respect to Participant's participation in the Plan or upon the disposition of the shares of the Common Stock. The Company and/or the Designated Company may, but will not be obligated to, withhold from the Participant's compensation or any other payments due the Participant the amount necessary to meet such withhold...ing obligations, withholding a sufficient whole number of shares of Common Stock issued following exercise having an aggregate value sufficient to pay the Tax-Related Items or withhold from the proceeds of the sale of shares of Common Stock, either through a voluntary sale or a mandatory sale arranged by the Company or any other method of withholding that the Company and/or the Designated Company deems appropriate. The Company and/or the Designated Company will have the right to take such other action as may be necessary in the opinion of the Company or a Designated Company to satisfy withholding and/or reporting obligations for such Tax-Related Items. The Company shall not be required to issue any shares of Common Stock under the Plan until such obligations are satisfied. View More
Found in Social Capital Hedosophia Holdings Corp. III contract

Variations of a "Tax Withholding" Clause from Business Contracts

Tax Withholding. The Participant will make adequate provision to satisfy the Tax-Related Items any applicable withholding obligations, if any, of obligations of, and/or contributions required to be remitted by, the Company and/or the applicable Designated Company related to Participant's Tax-Related Items which arise with respect to Participant's participation in the Plan or upon the disposition of the shares of Common Stock acquired pursuant to the Common Stock. Plan. The Company and/or the Designated Company m...ay, but will not be obligated to, (i) withhold from the Participant's compensation or any other payments due to the Participant the amount necessary to meet such withholding obligations, withholding obligations and/or required contributions, (ii) withhold a sufficient whole number of shares of Common Stock issued following upon exercise of a Purchase Right having an aggregate value sufficient to pay the Tax-Related Items or satisfy such withholding obligations and/or required contributions, (iii) withhold from the proceeds of the sale of shares of Common Stock, either through a voluntary sale or a mandatory sale arranged by the Company Company, the amount necessary to meet any such withholding obligations and/or required contributions, or (iv) employ any other method of withholding that the Company and/or the Designated Company deems appropriate. appropriate to satisfy any such withholding obligations and/or required contributions. The Company and/or the Designated Company will have the right to take such other action as may be necessary in the opinion of the Company or a Designated Company to satisfy any such withholding obligations and/or required contributions, or reporting obligations for related to such Tax-Related Items. The Company shall not be required to issue any shares of Common Stock under the Plan until such obligations are satisfied. 15. Effective Date of Plan. The Plan will become effective on the Effective Date. No Purchase Rights will be exercised unless and until the Plan has been approved by the stockholders of the Company, which approval must be within twelve (12) months before or after the date the Plan is adopted (or, if required under Section 12(a) above, amended) by the Board. View More
Found in Tortoise Acquisition Corp. II contract
Tax Withholding. The Participant will make adequate provision to satisfy the Tax-Related Items any applicable withholding obligations, if any, of obligations of, and/or contributions required to be remitted by, the Company and/or the applicable Designated Company related to Participant's Tax-Related Items which arise with respect to Participant's participation in the Plan or upon the disposition of the shares of Common Stock acquired pursuant to the Common Stock. Plan. The Company and/or the Designated Company m...ay, but will not be obligated to, (i) withhold from the Participant's compensation or any other payments due to the Participant the amount necessary to meet such withholding obligations, withholding obligations and/or required contributions, (ii) withhold a sufficient whole number of shares of Common Stock issued following upon exercise of a Purchase Right having an aggregate value sufficient to pay the Tax-Related Items or satisfy such withholding obligations and/or required contributions, (iii) withhold from the proceeds of the sale of shares of Common Stock, either through a voluntary sale or a mandatory sale arranged by the Company Company, the amount necessary to meet any such withholding obligations and/or required contributions, or (iv) employ any other method of withholding that the Company and/or the Designated Company deems appropriate. appropriate to satisfy any such withholding obligations and/or required contributions. The Company and/or the Designated Company will have the right to take such other action as may be necessary in the opinion of the Company or a Designated Company to satisfy any such withholding obligations and/or required contributions, or reporting obligations for related to such Tax-Related Items. The Company shall not be required to issue any shares of Common Stock under the Plan until such obligations are satisfied. View More
Found in InterPrivate II Acquisition Corp. contract
Tax Withholding. The Participant will make adequate provision to satisfy the Tax-Related Items withholding obligations, if any, of the Company and/or the applicable Designated Company which arise with respect to Participant's participation in the Plan or upon the disposition of the shares of the Common Stock. The Company and/or the Designated Company may, but will not be obligated to, withhold from the Participant's compensation or any other payments due the Participant the amount necessary to meet such withhold...ing obligations, withholding a sufficient whole number of shares of Common Stock issued following exercise having an aggregate value sufficient to pay the Tax-Related Items or withhold from the proceeds of the sale of shares of Common Stock, either through a voluntary sale or a mandatory sale arranged by the Company or any other method of withholding that the Company and/or the Designated Company deems appropriate. The Company and/or the Designated Company will have the right to take such other action as may be necessary in the opinion of the Company or a Designated Company to satisfy withholding and/or reporting obligations for such Tax-Related Items. The Company shall not be required to issue any shares of Common Stock under the Plan until such obligations are satisfied. 10 15. Effective Date of Plan. The Plan will become effective on the Effective Date. No Purchase Rights will be exercised unless and until the Plan has been approved by the stockholders of the Company, which approval must be within 12 months before or after the date the Plan is adopted (or, if required under Section 12(a) above, amended) by the Board. View More
Found in Stable Road Acquisition Corp. contract
Tax Withholding. The Participant will make adequate provision to satisfy the Tax-Related Items withholding obligations, if any, of the Company and/or the applicable Designated Company which arise with respect to Participant's participation in the Plan or upon the disposition of the shares of the Common Stock. The Company and/or the Designated Company may, but will not be obligated to, withhold from the Participant's compensation or any other payments due the Participant the amount necessary to meet such withhold...ing obligations, withholding a sufficient whole number of shares of Common Stock issued following exercise having an aggregate value sufficient to pay the Tax-Related Items obligations or withhold from the proceeds of the sale of shares of Common Stock, either through a voluntary sale or a mandatory sale arranged by the Company Stock or any other method of withholding that the Company and/or the Designated Company deems appropriate. The Company and/or the Designated Company will have the right to take such other action as may be necessary in the opinion of the Company or a Designated Company to satisfy withholding and/or reporting obligations for such Tax-Related Items. The Company shall not be required to issue any shares of Common Stock under the Plan until such obligations are satisfied. View More
Found in NGM BIOPHARMACEUTICALS INC contract