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. Upon the expiration or termination of the Restricted Period, the Participant shall remit to the Corporation the minimum amount necessary to satisfy Federal, state, local or foreign withholding tax requirements, if any ("Withholding Taxes") as a condition to the Corporation's issuance of any Shares as provided in Section 13. The payment shall be in (i) cash, (ii) the delivery of Shares, (iii) a reduction in the number of Shares otherwise issuable or deliverable or other amounts otherwise payable ...to the Participant pursuant to this Agreement, or (iv) a combination of (i), (ii) and/or (iii). The value of any Shares delivered or withheld as payment in respect of withholding tax requirements shall be determined by reference to the Fair Market Value of such Shares as of the date of such withholding or delivery. In the event that Withholding Taxes are satisfied by withholding a portion of the Shares otherwise issuable or deliverable to the Participant pursuant to this Agreement, the Corporation shall not withhold any Shares in excess of the minimum number of Shares necessary to satisfy the applicable Withholding Taxes. View More
Found in L3 TECHNOLOGIES, INC. contract

Variations of a "Tax Withholding" Clause from Business Contracts

Tax Withholding. Upon On or after the expiration or termination of the Restricted Period, Settlement Date, the Participant shall remit to the Corporation the minimum amount necessary to satisfy Federal, state, local or foreign withholding tax requirements, if any ("Withholding Taxes") as a condition to the Corporation's issuance of any Shares Stock (and any related dividend equivalent amounts) or cash as provided in Section 13. 4. The payment shall be in cash, unless otherwise provided by the Corporation to allo...w (i) cash, (ii) the delivery of Shares, (iii) shares of Stock, (ii) a reduction in the number of Shares shares of Stock otherwise issuable or deliverable or other amounts otherwise payable to the Participant pursuant to this Agreement, or (iv) (iii) a combination of (i), (ii) (i) and/or (iii). (ii). The value of any Shares Stock delivered or withheld as payment in respect of withholding tax requirements shall be determined by reference to the Fair Market Value of such Shares Stock as of the date of such withholding or delivery. In the event that Withholding Taxes are satisfied by withholding a portion of the Shares Stock otherwise issuable or deliverable to the Participant pursuant to this Agreement, the Corporation shall not withhold any Shares Stock in excess of the minimum number of Shares shares of Stock necessary to satisfy the applicable Withholding Taxes. 4 15. Plan Governs. The Participant hereby acknowledges receipt of a copy of the Plan and agrees to be bound by its terms, all of which are incorporated herein by reference. The Plan shall govern in the event of any conflict between this Agreement and the Plan. View More
Found in Engility Holdings, Inc. contract
Tax Withholding. Upon the expiration or termination of the Restricted Period, the Participant shall remit to the Corporation the minimum amount necessary to satisfy Federal, state, local or foreign withholding tax requirements, if any ("Withholding Taxes") as a condition to the Corporation's issuance of any Shares Stock as provided in Section 13. paragraph 4. The payment shall be in cash, unless otherwise 5 provided by the Corporation to allow (i) cash, (ii) the delivery of Shares, (iii) shares of Stock, (ii) a ...reduction in the number of Shares shares of Stock otherwise issuable or deliverable upon vesting or other amounts otherwise payable to the Participant pursuant to this Agreement, or (iv) (iii) a combination of (i), (ii) (i) and/or (iii). (ii). The value of any Shares Stock delivered or withheld as payment in respect of withholding tax requirements shall be determined by reference to the Fair Market Value of such Shares Stock as of the date of such withholding or delivery. In the event that Withholding Taxes are satisfied by withholding a portion of the Shares Stock otherwise issuable or deliverable upon vesting to the Participant pursuant to this Agreement, the Corporation shall not withhold any Shares Stock in excess of the minimum number of Shares shares of Stock necessary to satisfy the applicable Withholding Taxes. View More
Found in Engility Holdings, Inc. contract
Tax Withholding. Upon the expiration or termination of the Restricted Period, the Participant shall remit to the Corporation the minimum amount necessary to satisfy Federal, state, local or foreign withholding tax requirements, if any ("Withholding Taxes") as a condition to the Corporation's issuance of any Shares Stock (and any related dividend equivalent amounts) or cash as provided in Section 13. 4. The payment shall be in cash, unless otherwise provided by the Corporation to allow (i) cash, (ii) the delivery... of Shares, (iii) shares of Stock, (ii) a reduction in the number of Shares shares of Stock otherwise issuable or deliverable or other amounts otherwise payable to the Participant pursuant to this Agreement, or (iv) (iii) a combination of (i), (ii) (i) and/or (iii). (ii). The value of any Shares Stock delivered or withheld as payment in respect of withholding tax requirements shall be determined by reference to the Fair Market Value of such Shares Stock as of the date of such withholding or delivery. In the event that Withholding Taxes are satisfied by withholding a portion of the Shares Stock otherwise issuable or deliverable to the Participant pursuant to this Agreement, the Corporation shall not withhold any Shares Stock in excess of the minimum number of Shares shares of Stock necessary to satisfy the applicable Withholding Taxes. View More
Found in 2 Contracts from 2 Companies
Tax Withholding. Upon As a condition to the expiration or termination Corporation's issuance of the Restricted Period, Award Shares (if any), the Participant shall remit to the Corporation the minimum amount necessary to satisfy Federal, state, local or and foreign withholding tax requirements, if any ("Withholding Taxes") as a condition to the Corporation's issuance of any Shares as provided in Section 13. Taxes"). The payment shall 6 be in the form of: (i) cash, (ii) the delivery of Shares, (iii) a reduction i...n the number of Shares otherwise issuable or deliverable or other amounts otherwise payable to the Participant pursuant to this Agreement, or (iv) a combination of (i), (ii) and/or (iii). The value of any Shares delivered or withheld as payment in respect of withholding tax requirements Withholding Taxes shall be determined by reference to the Fair Market Value of such Shares as of the date of such withholding or delivery. In the event that Withholding Taxes are satisfied by withholding a portion of the Shares otherwise issuable or deliverable to the Participant pursuant to this Agreement, the Corporation shall not withhold any Shares in excess of the minimum number of Shares necessary to satisfy the applicable Withholding Taxes. View More
Found in L3 TECHNOLOGIES, INC. contract
Tax Withholding. Upon As a condition to the expiration or termination Corporation's issuance of the Restricted Period, Award Shares (if any), the Participant shall remit to the Corporation the minimum amount necessary to satisfy Federal, state, local or and foreign withholding tax requirements, if any ("Withholding Taxes") as a condition to the Corporation's issuance of any Shares as provided in Section 13. Taxes"). The payment shall be in the form of: (i) cash, (ii) the delivery of Shares, (iii) a reduction in ...the number of Shares otherwise issuable or deliverable or other amounts otherwise payable to the Participant pursuant to this Agreement, or (iv) a combination of (i), (ii) and/or (iii). The value of any Shares delivered or withheld as payment in respect of withholding tax requirements Withholding Taxes shall be determined by reference to the Fair Market Value of such Shares as of the date of such withholding or delivery. In the event that Withholding Taxes are satisfied by withholding a portion of the Shares otherwise issuable or deliverable to the Participant pursuant to this Agreement, the Corporation shall not withhold any Shares in excess of the minimum number of Shares necessary to satisfy the applicable Withholding Taxes. View More
Found in 2 Contracts from L3 TECHNOLOGIES, INC.