Tax Withholding Clause Example with 8 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 acknowledges this RSU Award may give rise to a tax liability and a withholding obligation associated therewith, and that no shares of Stock shall be issuable to the Participant hereunder until such withholding obligation is satisfied in full. In accordance with Section 19.C. of the Plan, the Company or a Subsidiary may withhold up to, but no more than, the minimum applicable statutory federal, state and/or local taxes (collectively, "Tax Withholding Requirements") at such time an...d upon such terms and conditions as required by law or determined by the Company or a Subsidiary. Subject to compliance with any requirements of applicable law, the Company may elect to require the Participant to satisfy all or any portion of such applicable Tax Withholding Requirements by (i) the withholding or retention of Stock by the Company or a Subsidiary from Stock to be paid pursuant to Section 5 hereof, (ii) requiring the Participant to deliver shares of Stock that are owned by the Participant, or (iii) through any other method determined by the Company in its sole discretion, and in each case the aggregate number of shares of Stock so withheld, retained or delivered shall have an aggregate Fair Market Value (as of the trading day immediately preceding the date that the Award is first subject to the applicable Tax Withholding Requirement(s)) equal to the aggregate amount of such Tax Withholding Requirements. View More

Variations of a "Tax Withholding" Clause from Business Contracts

Tax Withholding. The Participant acknowledges this RSU Award may give rise to a tax liability and a withholding obligation associated therewith, and that no shares of Stock shall be issuable to the Participant hereunder until such withholding obligation is satisfied in full. In accordance with Section 19.C. of the Plan, the therewith. The Company or a Subsidiary may withhold up to, but no more than, the minimum applicable statutory federal, state and/or local taxes (collectively, "Tax Withholding Requirements") ...at such time and upon such terms and conditions as required by law or determined by the Company or a Subsidiary. in accordance with the Plan. Subject to compliance with any requirements of applicable law, law and the Company may elect to require the Plan, a Participant to satisfy shall have all or any portion of such applicable any Tax Withholding Requirements by (i) the withholding or retention that may be payable in respect to a distribution of Stock under this Agreement satisfied when due through the payment by the Company Participant of cash to the Company, funded by the disposition on the Participant's behalf or a Subsidiary from Stock for the Participant's account of Shares which would otherwise be delivered to be paid pursuant to Section 5 hereof, (ii) requiring the Participant to deliver shares of Stock that are owned by the Participant, or (iii) through any other method determined by the Company in its sole discretion, and in each case the aggregate number of shares of Stock so withheld, retained or delivered shall have having an aggregate Fair Market Value (as of the trading day immediately preceding the date that the Award is first subject to the applicable Tax Withholding Requirement(s)) equal to the aggregate amount of such Tax Withholding Requirements. At the Company's discretion, the Company may withhold tax associated with the Award pursuant to the Tax Withholding Requirements from any other payment the Company would otherwise make to the participant, including your salary. 2 9. Securities Law Compliance. The Participant agrees that any resale of Shares issued pursuant to the Award shall comply in all respects with the requirements of all applicable securities laws, rules and regulations (including, without limitation, the provisions of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended, and the respective rules and regulations promulgated thereunder) and any other law, rule or regulation applicable thereto, as such laws, rules, and regulations may be amended from time to time. The Company shall not be obligated to either issue Shares or permit the resale of any Shares if such issuance or resale would violate any such requirements. View More
Tax Withholding. The Participant acknowledges this RSU Award may give rise to a tax liability and a withholding obligation associated therewith, and that no shares of Stock shall be issuable to the Participant hereunder until such withholding obligation is satisfied in full. In accordance with Section 19.C. of the Plan, the Company or a Subsidiary may withhold up to, but no more than, the minimum applicable statutory federal, state and/or local taxes (collectively, "Tax Withholding Requirements") at such time an...d upon such terms and conditions as required by law or determined by the Company or a Subsidiary. Subject to compliance with any requirements of applicable law, the Company may elect to require the Participant to satisfy shall have all or any portion of such applicable any Tax Withholding Requirements that may be payable in respect of the RSU Award satisfied when due through the payment by (i) the withholding or retention Participant of Stock by cash to the Company or a Subsidiary from Stock to be paid pursuant to Section 5 hereof, (ii) requiring the Participant to deliver shares of Stock that are owned Subsidiary, funded by the Participant, disposition on the Participant's behalf or (iii) through any other method determined by for the Company in its sole discretion, and in each case the aggregate number Participant's account of shares of Stock so withheld, retained or which would otherwise be delivered shall have to the Participant having an aggregate Fair Market Value (as of the trading day immediately preceding the date that the Award is first subject to the applicable Tax Withholding Requirement(s)) fair market value equal to the aggregate amount of such Tax Withholding Requirements. -4- 12. Securities Law Compliance. The Company currently has an effective registration statement on file with the Securities and Exchange Commission with respect to the shares of Stock subject to the RSU Award. The Company intends to maintain the effectiveness of this registration statement but has no obligation to the Participant to do so. If the registration statement ceases to be effective, the Participant will not be able to transfer or sell shares of Stock, which were issued to the Participant pursuant to the RSU Award at a time that such registration statement was not effective, unless exemptions from registration under applicable securities laws are available. Such exemptions from registration are very limited and might not be available. The Participant agrees that any resale of shares of Stock issued pursuant to the RSU Award shall comply in all respects with the requirements of all applicable securities laws, rules and regulations (including, without limitation, the provisions of the Securities Act and the Securities Exchange Act of 1934, and the respective rules and regulations promulgated thereunder) and any other law, rule or regulation applicable thereto, as such laws, rules, and regulations may be amended from time to time. The Company shall not be obligated to either issue shares of Stock or permit the resale of any such shares if such issuance or resale would violate any such requirements. View More
Tax Withholding. The Participant acknowledges this RSU Award may give rise to a tax liability and a withholding obligation associated therewith, and that no shares of Stock shall be issuable to the Participant hereunder until such withholding obligation is satisfied in full. In accordance with Section 19.C. of the Plan, the Company or a Subsidiary may withhold up to, but no more than, the minimum applicable statutory federal, state and/or local taxes (collectively, "Tax Withholding Requirements") at such time an...d upon such terms and conditions as required by law or determined by the Company or a Subsidiary. Subject to compliance with any requirements of applicable law, the Company may elect to require the Participant to satisfy shall have all or any portion of such applicable any Tax Withholding Requirements that may be payable in respect of the RSU Award satisfied when due through the payment by (i) the withholding or retention Participant of Stock by cash to the Company or a Subsidiary from Stock to be paid pursuant to Section 5 hereof, (ii) requiring the Participant to deliver shares of Stock that are owned Subsidiary, funded by the Participant, disposition on the Participant's behalf or (iii) through any other method determined by for the Company in its sole discretion, and in each case the aggregate number Participant's account of shares of Stock so withheld, retained or which would otherwise be delivered shall have to the Participant having an aggregate Fair Market Value (as of the trading day immediately preceding the date that the Award is first subject to the applicable Tax Withholding Requirement(s)) fair market value equal to the aggregate amount of such Tax Withholding Requirements. -3- 12. Securities Law Compliance. The Company currently has an effective registration statement on file with the Securities and Exchange Commission with respect to the shares of Stock subject to the RSU Award. The Company intends to maintain the effectiveness of this registration statement but has no obligation to the Participant to do so. If the registration statement ceases to be effective, the Participant will not be able to transfer or sell shares of Stock, which were issued to the Participant pursuant to the RSU Award at a time that such registration statement was not effective, unless exemptions from registration under applicable securities laws are available. Such exemptions from registration are very limited and might not be available. The Participant agrees that any resale of shares of Stock issued pursuant to the RSU Award shall comply in all respects with the requirements of all applicable securities laws, rules and regulations (including, without limitation, the provisions of the Securities Act and the Securities Exchange Act of 1934, and the respective rules and regulations promulgated thereunder) and any other law, rule or regulation applicable thereto, as such laws, rules, and regulations may be amended from time to time. The Company shall not be obligated to either issue shares of Stock or permit the resale of any such shares if such issuance or resale would violate any such requirements. View More
Tax Withholding. The Participant acknowledges this RSU Award may give rise to a tax liability and a withholding obligation associated therewith, and that no shares of Stock shall be issuable to the Participant hereunder until such withholding obligation is satisfied in full. In accordance with Section 19.C. of the Plan, the therewith. The Company or a Subsidiary may withhold up to, but no more than, the minimum applicable statutory federal, state and/or local taxes (collectively, "Tax Withholding Requirements") ...at such time and upon such terms and conditions as required by law or determined by the Company or a Subsidiary. in accordance with the Plan. Subject to compliance with any requirements of applicable law, law and the Company may elect to require the Plan, a Participant to satisfy shall have all or any portion of such applicable any Tax Withholding Requirements by (i) the withholding or retention that may be payable in respect to a distribution of Stock under this Agreement satisfied when due through the payment by the Company Participant of cash to the Company, funded by the disposition on the Participant's behalf or a Subsidiary from Stock for the Participant's account of Shares which would otherwise be delivered to be paid pursuant to Section 5 hereof, (ii) requiring the Participant to deliver shares of Stock that are owned by the Participant, or (iii) through any other method determined by the Company in its sole discretion, and in each case the aggregate number of shares of Stock so withheld, retained or delivered shall have having an aggregate Fair Market Value (as of the trading day immediately preceding the date that the Award is first subject to the applicable Tax Withholding Requirement(s)) equal to the aggregate amount of such Tax Withholding Requirements. At the Company's discretion, the Company may withhold tax associated with the Award pursuant to the Tax Withholding Requirements from any other payment the Company would otherwise make to the participant, including your salary. View More
Tax Withholding. The Participant acknowledges this RSU Award may give rise to a tax liability and a withholding obligation associated therewith, and that no shares of Stock shall be issuable to the Participant hereunder until such withholding obligation is satisfied in full. In accordance with Section 19.C. of the Plan, the Company or a Subsidiary may withhold up to, but no more than, the minimum applicable statutory federal, state and/or local taxes (collectively, "Tax Withholding Requirements") at such time an...d upon such terms and conditions as required by law or determined by the Company or a Subsidiary. Subject to compliance with any requirements of applicable law, the Company may elect to require the Participant to satisfy shall have all or any portion of such applicable any Tax Withholding Requirements that may be payable in respect of the RSU Award satisfied when due -4- through the payment by (i) the withholding or retention Participant of Stock by cash to the Company or a Subsidiary from Stock to be paid pursuant to Section 5 hereof, (ii) requiring the Participant to deliver shares of Stock that are owned Subsidiary, funded by the Participant, disposition on the Participant's behalf or (iii) through any other method determined by for the Company in its sole discretion, and in each case the aggregate number Participant's account of shares of Stock so withheld, retained or which would otherwise be delivered shall have to the Participant having an aggregate Fair Market Value (as of the trading day immediately preceding the date that the Award is first subject to the applicable Tax Withholding Requirement(s)) fair market value equal to the aggregate amount of such Tax Withholding Requirements. View More
Tax Withholding. The Participant acknowledges this RSU Award may give rise to a tax liability and a withholding obligation associated therewith, and that no shares of Stock shall be issuable to the Participant hereunder until such withholding obligation is satisfied in full. In accordance with Section 19.C. of the Plan, the Company or a Subsidiary may withhold up to, but no more than, the minimum applicable statutory federal, state and/or local taxes (collectively, "Tax Withholding Requirements") at such time an...d upon such terms and conditions as required by law or determined by the Company or a Subsidiary. Subject to compliance with any requirements of applicable law, the Company may elect to require the Participant to satisfy shall have all or any portion of such applicable any Tax Withholding Requirements that may be payable in respect of the RSU Award satisfied when due -3- through the payment by (i) the withholding or retention Participant of Stock by cash to the Company or a Subsidiary from Stock to be paid pursuant to Section 5 hereof, (ii) requiring the Participant to deliver shares of Stock that are owned Subsidiary, funded by the Participant, disposition on the Participant's behalf or (iii) through any other method determined by for the Company in its sole discretion, and in each case the aggregate number Participant's account of shares of Stock so withheld, retained or which would otherwise be delivered shall have to the Participant having an aggregate Fair Market Value (as of the trading day immediately preceding the date that the Award is first subject to the applicable Tax Withholding Requirement(s)) fair market value equal to the aggregate amount of such Tax Withholding Requirements. View More
Tax Withholding. The Participant acknowledges this RSU Award may give rise to a tax liability and a withholding obligation associated therewith, and that no shares of Stock shall be issuable to the Participant hereunder until such withholding obligation is satisfied in full. In accordance with Section 19.C. of the Plan, the Company or a Subsidiary may withhold up to, but no more than, the minimum applicable statutory federal, state and/or local taxes (collectively, "Tax Withholding Requirements") at such time an...d upon such terms and conditions as required by law or determined by the Company or a Subsidiary. Subject to compliance with any requirements of applicable law, the Company may elect to require the Participant to satisfy shall have all or any portion of such applicable any Tax Withholding Requirements that may be payable in respect of the RSU Award satisfied when due through the payment by (i) the withholding or retention Participant of Stock by cash to the Company or a Subsidiary from Stock to be paid pursuant to Section 5 hereof, (ii) requiring the Participant to deliver shares of Stock that are owned Subsidiary, funded by the Participant, disposition on the Participant's behalf or (iii) through any other method determined by for the Company in its sole discretion, and in each case the aggregate number Participant's account of shares of Stock so withheld, retained or which would otherwise be delivered shall have to the Participant having an aggregate Fair Market Value (as of the trading day immediately preceding the date that the Award is first subject to the applicable Tax Withholding Requirement(s)) fair market value equal to the aggregate amount of such Tax Withholding Requirements. View More
Tax Withholding. The Participant acknowledges this RSU Award may give rise to a tax liability and a withholding obligation associated therewith, and that no shares of Stock shall be issuable to the Participant hereunder until such withholding obligation is satisfied in full. In accordance with Section 19.C. of the Plan, Plan is hereby deleted in its entirety and replaced with the following: C. Tax Withholding. Subject to compliance with applicable law and the provisions of this Section 19.C., the Company or a Su...bsidiary may withhold up to, but no more than, the minimum applicable statutory federal, state and/or local taxes (collectively, "Tax Withholding Requirements") at such time and upon such terms and conditions as required by law or determined by the Company or a Subsidiary. Subject to compliance with any requirements of applicable law, the Company may elect to require the a Participant to satisfy all or any portion of any such applicable Tax Withholding Requirements applicable to such Participant by (i) the withholding or retention of Stock by the Company or a Subsidiary from Stock to be paid pursuant to Section 5 hereof, an Award, (ii) requiring the Participant to deliver shares of Stock that are is owned by the Participant, or (iii) through any other method determined by the Company in its sole discretion, and in each case the aggregate number of shares of Stock so withheld, retained or delivered shall have an aggregate Fair Market Value (as of the trading day immediately preceding the date that the Award is first subject to the applicable Tax Withholding Requirement(s)) equal to the aggregate amount of such Tax Withholding Requirements. View More