Tax Withholding Clause Example from Business Contracts

Tax Withholding. 9.2authorizing the Company to withhold an amount from any cash amounts otherwise due or to become due from the Company to the Participant. 9.3authorizing the Company to withhold Shares from the Shares otherwise issuable to the Participant as a result of the vesting of the Performance Units. 9.4delivering to the Company previously owned and unencumbered Shares having a then current Fair Market Value to satisfy the withholding.