Tax Withholding Clause Example from Business Contracts

This example Tax Withholding clause appears in 2 contracts from 1 company

Tax Withholding. 8.2 authorizing the Company to withhold an amount from any cash amounts otherwise due or to become due from the Company to the Participant. 8.3 authorizing the Company to withhold Shares from the Shares otherwise issuable to the Participant as a result of the vesting of the Restricted Units; provided, however, that no Shares shall be withheld with a value exceeding the minimum amount of tax required to be withheld by Applicable Law.