Taxes Clause Example with Variations from Business Contracts

This page contains Taxes 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.
Taxes. In all cases the Participant will be responsible to pay all required withholding taxes associated with the Restricted Shares. Pursuant to Section 10 of the Plan, the Corporation or its designated representative (which may be a Subsidiary) shall have the right to withhold applicable taxes from the shares of Common Stock otherwise deliverable to the Participant due to the vesting of Restricted Shares pursuant to Section 2 of this Award Agreement, or from other compensation payable to the... Participant, at the time of the vesting and delivery of such shares, to sell or permit the sale of shares of Common Stock to pay such applicable taxes, or to take such other action as may be necessary in the opinion of the Corporation to satisfy all obligations for withholding. View More Arrow
Found in Marathon Oil Corp. contract

Variations of a "Taxes" Clause from Business Contracts

Taxes. In all cases the Participant will be responsible to pay all required withholding taxes associated with the Restricted Shares. Pursuant to Section 10 the applicable provisions of the Plan, the Corporation Company or its designated representative (which may be a Subsidiary) shall have the right to withhold applicable taxes from the shares of Common Stock payment otherwise deliverable payable to the Participant due to the vesting of Restricted Shares pursuant to Section 2 of this Award Agreement, Grantee, or from other compensation payable to the Participant, Grantee (to the 4 extent consistent with Section 409A of the Code), at the time of the vesting and delivery of such shares, to sell or permit the sale of shares of Common Stock to pay such applicable taxes, or to take such other action as may be necessary in the opinion of the Corporation to satisfy all obligations for withholding. cash payment. View More Arrow
Found in PBF Energy Inc contract
Taxes. In all cases the Participant will be responsible to pay all required withholding taxes associated with the Restricted Shares. Pursuant to Section 10 the applicable provisions of the Plan, the Corporation Company or its designated representative (which may be a Subsidiary) shall have the right to withhold applicable taxes from the shares of Common Stock payment otherwise deliverable payable to the Participant due to the vesting of Restricted Shares pursuant to Section 2 of this Award Agreement, Grantee, or from other compensation payable to the Participant, Grantee (to the extent consistent with Section 409A of the Code), at the time of the vesting and delivery of such shares, to sell or permit the sale of shares of Common Stock to pay such applicable taxes, or to take such other action as may be necessary in the opinion of the Corporation to satisfy all obligations for withholding. cash payment. View More Arrow
Found in PBF Energy Inc contract
Taxes. In all cases the Participant will be responsible to pay all required withholding taxes associated with the Restricted Shares. Pursuant to Section 10 the applicable provisions of the Plan, the Corporation Company or its designated representative (which may be a Subsidiary) shall have the right to withhold applicable taxes from the shares of Common Stock and cash otherwise deliverable payable to the Participant due to the vesting of Restricted Shares pursuant to Section 2 of this Award Agreement,... Grantee, or from other compensation payable to the Participant, Grantee (to the extent consistent with Section 409A of the Code), at the time of the vesting and delivery of such shares, to sell or permit shares. Such withholding may be effected through the sale netting of shares of Common Stock to pay such applicable taxes, or to take such other action as may be necessary in the opinion of the Corporation to satisfy all obligations for withholding. deliverable hereunder. View More Arrow
Found in 5 Contracts from PBF Energy Inc
Taxes. In all cases the Participant will be responsible to pay all required withholding taxes associated with the Restricted Shares. Pursuant to Section 10 the applicable provisions of the Plan, the Corporation or its designated representative (which may be a Subsidiary) shall have the right to withhold applicable taxes from the shares of Common Stock cash otherwise deliverable payable to the Participant due to the vesting of Restricted Shares pursuant to Section 2 of this Award Agreement, Participant, or from other compensation payable to the Participant, Participant (to the extent consistent with Section 409A of the Code), at the time of the vesting and delivery of such shares, to sell or permit the sale of shares of Common Stock to pay such applicable taxes, or to take such other action as may be necessary in the opinion of the Corporation to satisfy all obligations for withholding. cash payment. View More Arrow
Found in Marathon Petroleum contract
Taxes. In all cases the Participant will be responsible to pay all required withholding taxes associated with the Restricted Shares. Pursuant to Section 10 the applicable provisions of the Plan, the Corporation or its designated representative (which may be a Subsidiary) shall have the right to withhold applicable taxes from the shares of Common Stock and cash otherwise deliverable payable to the Participant due to the vesting of Restricted Shares pursuant to Section 2 of this Award Agreement, Participant, or from other compensation payable to the Participant, Participant (to the extent consistent with Section 409A of the Code), at the time of the vesting and delivery of such shares, to sell or permit the sale of shares of Common Stock to pay such applicable taxes, or to take such other action as may be necessary in the opinion of the Corporation to satisfy all obligations for withholding. cash payment and shares. View More Arrow
Found in 3 Contracts from Marathon Petroleum
Taxes. In all cases the Participant will be responsible to pay all required withholding taxes associated with the Restricted Shares. Pursuant to Section 10 the applicable provisions of the Plan, the Corporation Company or its designated representative (which may be a Subsidiary) shall have the right to withhold applicable taxes from the shares of Common Stock Shares otherwise deliverable to the Participant due to the vesting of Restricted Shares Stock Units pursuant to Section 2 of this Award ... class="diff-color-red">Agreement, Agreement (to the extent such withholding does not violate Section 409A of the Code), or from other compensation payable to the Participant, at the time of the vesting and delivery of such shares, to sell or permit the sale of shares of Common Stock to pay such applicable taxes, or to take such other action as may be necessary in the opinion of the Corporation to satisfy all obligations for withholding. Shares. View More Arrow
Found in Marathon Petroleum contract
Taxes. In all cases the Participant will be responsible to pay all required withholding taxes associated with the Restricted Shares. Pursuant to Section 10 of the Plan, the Corporation or its designated representative (which may be a Subsidiary) shall have the right to withhold applicable taxes from the shares of Common Stock cash otherwise deliverable payable to the Participant due to the vesting of Restricted Shares pursuant to Section 2 of this Award Agreement, Participant, or from other... compensation payable to the Participant, at the time of the vesting and delivery of such shares, to sell or permit the sale of shares of Common Stock to pay such applicable taxes, or to take such other action as may be necessary in the opinion of the Corporation to satisfy all obligations for withholding. cash payment. View More Arrow
Found in 4 Contracts from Marathon Oil Corp.
Taxes. In all cases the Participant will be responsible to pay all required withholding taxes associated with the Restricted Shares. Pursuant to Section 10 the applicable provisions of the Plan, the Corporation or its designated representative (which may be a Subsidiary) shall have the right to withhold applicable taxes from the shares of Common Stock Shares otherwise deliverable to the Participant due to the vesting of Restricted Shares Stock Units pursuant to Section 2 of this Award Agreement, Agreement (to the extent such withholding does not violate Section 409A of the Code), or from other compensation payable to the Participant, at the time of the vesting and delivery of such shares, to sell or permit the sale of shares of Common Stock to pay such applicable taxes, or to take such other action as may be necessary in the opinion of the Corporation to satisfy all obligations for withholding. Shares. View More Arrow
Found in 4 Contracts from Marathon Petroleum
Taxes. In all cases the Participant will be responsible to pay all required withholding taxes associated with the Restricted Shares. Units. Pursuant to Section 10 of the Plan, the Corporation or its designated representative (which may be a Subsidiary) shall have the right to withhold applicable taxes from the shares of Common Stock otherwise deliverable to the Participant due to the vesting of Restricted Shares Units pursuant to Section 2 of this Award Agreement, or from other compensation payable to... the Participant, at the time of the vesting of the Restricted Units and delivery issuance of shares of Common Stock or such shares, other time as may be required under applicable law, to sell or permit the sale of shares of Common Stock to pay such applicable taxes, or to take such other action as may be necessary in the opinion of the Corporation to satisfy all obligations for withholding. 3 2019 Plan –RSU Agreement with 3-year pro-rata vesting (retirement vesting) (form approved 2021) 7. Nonassignability. Upon the Participant's death, the Restricted Units shall vest and be issued in accordance with Sections 2(b) and 4 above, and shares of Common Stock shall be transferred to the Participant's designated beneficiary on file with the Plan's third party stock plan administrator or, if none, to the Participant's estate. Otherwise, the Participant may not sell, transfer, assign, pledge or otherwise encumber any portion of the Restricted Units, and any attempt to sell, transfer, assign, pledge, or encumber any portion of the Restricted Units shall have no effect. View More Arrow
Found in Marathon Oil Corp. contract
Taxes. In all cases the Participant will be responsible to pay all required withholding taxes associated with the Restricted Shares. Pursuant to Section 10 the applicable provisions of the Plan, the Corporation or its designated representative (which may be a Subsidiary) shall have the right to withhold applicable taxes from the shares of Common Stock otherwise deliverable to the Participant due to the vesting of Restricted Shares pursuant to Section 2 of this Award Agreement, or from other... compensation payable to the Participant, at the time of the vesting and delivery of such shares, to sell or permit the sale of shares of Common Stock to pay such applicable taxes, or to take such other action as may be necessary in the opinion of the Corporation to satisfy all obligations for withholding. shares. View More Arrow
Found in 2 Contracts from Marathon Petroleum