Taxes Clause Example with 14 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. The vesting and settlement of the RSUs will give rise to "wages" subject to withholding. Participant expressly acknowledges and agrees that Participant's rights hereunder, including the right to be issued Shares in settlement of the RSUs, are subject to Participant promptly remitting to the Company in cash (or by such other means as may be acceptable to the Administrator in its discretion) any amounts determined by the Company to be required to be withheld. No Shares will be transferred pursuant... to the settlement of the RSUs unless and until Participant has remitted to the Company an amount sufficient to satisfy any federal, state, or local withholding tax requirements, or has made other arrangements satisfactory to the Company with respect to such taxes. Participant authorizes the Company to withhold such amount from any amounts otherwise owed to Participant. The Company may, at its option, withhold from the RSUs, or the Shares which such RSUs represent, a sufficient number of RSUs/Shares to satisfy the minimum federal, state and local tax withholding due, if any, and remit the balance of the RSUs/Shares to Participant. The Company makes no representations to Participant with respect to the tax treatment of any amount paid or payable pursuant to this Award. While this Award is intended to be interpreted and operated to the extent possible so that any such amounts shall be exempt from the requirements of Section 409A, in no event shall the Company be liable to Participant for or with respect to any taxes, penalties and/or interest which may be imposed upon any such amounts pursuant to Section 409A or any other federal or state tax law. To the extent that any such amount should be subject to Section 409A (or any other federal or state tax law), Participant shall bear the entire risk of any such taxes, penalties and or interest.View More
Variations of a "Taxes" Clause from Business Contracts
Taxes. The vesting and settlement of If at the time the RSUs will give rise to "wages" subject to withholding. vest the Company determines that under applicable law and regulations it could be liable for the withholding of any federal, state or local tax, Participant expressly acknowledges and agrees that Participant's rights hereunder, including the right to be issued Shares in settlement of the RSUs, are subject to Participant promptly remitting shall remit to the Company in cash (or by such other me...ans as may be acceptable to the Administrator in its discretion) any amounts determined by the Company to be required to be withheld. No Shares will be transferred pursuant to withheld or the settlement of the RSUs unless and until Participant has remitted to the Company an amount sufficient to satisfy any federal, state, or local withholding tax requirements, or has made other arrangements satisfactory to the Company with respect to such taxes. Participant authorizes the Company to withhold such amount from any amounts otherwise owed to Participant. The Company may, at its option, withhold from the RSUs, such units, or the Shares which such RSUs units represent, a sufficient number of RSUs/Shares units/Shares to satisfy the minimum federal, state and local tax withholding due, if any, and remit the balance of the RSUs/Shares units/Shares to the Participant. The Company makes no representations to Participant with respect to the tax treatment of any amount paid or payable pursuant to this Award. While this Award is intended to be interpreted and operated to the extent possible so that any such amounts shall be exempt from the requirements of Section 409A, 409A of the Internal Revenue Code ("Section 409A"), in no event shall the Company be liable to Participant for or with respect to any taxes, penalties and/or interest which may be imposed upon any such amounts pursuant to Section 409A or any other federal or state tax law. To the extent that any such amount should be subject to Section 409A (or any other federal or state tax law), the Participant shall bear the entire risk of any such taxes, penalties and or interest. 21. Waiver of Jury Trial. By accepting this Award under the Plan, Participant waives any right to a trial by jury in any action, proceeding or counterclaim concerning any rights under (i) the Plan, (ii) the Prior Plan, (iii) any Award, (iv) any award under the Prior Plan, or (v) any amendment, waiver, consent, instrument, document or other agreement delivered or which in the future may be delivered in connection with any of the foregoing, and agrees that any such action, proceedings or counterclaim shall be tried before a court and not before a jury. View More
Taxes. The vesting If at the time Participant elects to exercise this Stock Option, the Company determines that under applicable law and settlement regulations it could be liable for the withholding of the RSUs will give rise to "wages" subject to withholding. any federal, state or local tax, Participant expressly acknowledges and agrees that Participant's rights hereunder, including the right to be issued Shares in settlement of the RSUs, are subject to Participant promptly remitting shall remit to th...e Company in cash (or by such other means as may be acceptable to the Administrator in its discretion) any amounts determined by the Company to be required to be withheld. No Shares will be transferred pursuant to withheld or the settlement of the RSUs unless and until Participant has remitted to the Company an amount sufficient to satisfy any federal, state, or local withholding tax requirements, or has made other arrangements satisfactory to the Company with respect to such taxes. Participant authorizes the Company to withhold such amount from any amounts otherwise owed to Participant. The Company may, at its option, withhold from the RSUs, or the Shares which such RSUs represent, a sufficient number of RSUs/Shares Shares to satisfy the minimum federal, state and local tax withholding due, if any, and remit the balance of the RSUs/Shares Shares to the Participant. If this Stock Option is automatically exercised as provided in the last paragraph of Section 5 above or if the Participant pays the Option Price through a "net exercise" of this Stock Option as provided by Section 5 above, the minimum federal, state and local tax withholding due in connection with the exercise of this Stock Option shall be satisfied by the Company withholding a sufficient number of Shares to satisfy with minimum federal, state and local tax withholding due. The Company makes no representations to Participant with respect to the tax treatment of any amount paid or payable pursuant to this Award. While this Award is intended to be interpreted and operated to the extent possible so that any such amounts shall be exempt from the requirements of Section 409A, 409A of the Internal Revenue Code ("Section 409A"), in no event shall the Company be liable to Participant for or with respect to any taxes, penalties and/or interest which may be imposed upon any such amounts pursuant to Section 409A or any other federal or state tax law. To the extent that any such amount should be subject to Section 409A (or any other federal or state tax law), the Participant shall bear the entire risk of any such taxes, penalties and or interest. View More
Taxes. The vesting and settlement exercise of the RSUs this Stock Option will give rise to "wages" subject to withholding. Participant expressly acknowledges and agrees that Participant's rights hereunder, including the right to be issued Shares in settlement of the RSUs, upon exercise, are subject to Participant promptly remitting to the Company in cash (or by such other means as may be acceptable to the Administrator in its discretion) any amounts determined by the Company to be required to be withhe...ld. No Shares will be transferred pursuant to the settlement exercise of the RSUs this Stock Option unless and until Participant the person exercising this Stock Option has remitted to the Company an amount sufficient to satisfy any federal, state, or local withholding tax requirements, or has made other arrangements satisfactory to the Company with respect to such taxes. Participant authorizes the Company to withhold such amount from any amounts otherwise owed to Participant. The Company may, at its option, withhold from the RSUs, or the Shares which such RSUs represent, a sufficient number of RSUs/Shares Shares from Shares otherwise to be delivered upon exercise of this Stock Option to satisfy the minimum federal, state and local tax withholding due, if any, due and remit the balance of the RSUs/Shares Shares to Participant. If this Stock Option is automatically exercised as provided in the last paragraph of Section 5 above or if Participant pays the Option Price through a "net exercise" of this Stock Option as provided by Section 5 above, the minimum federal, state and local tax withholding due in connection with the exercise of this Stock Option shall be satisfied by the Company withholding a sufficient number of Shares from Shares otherwise to be delivered upon exercise of this Stock Option to satisfy with minimum federal, state and local tax withholding due. The Company makes no representations to Participant with respect to the tax treatment of any amount paid or payable pursuant to this Award. While this Award is intended to be interpreted and operated to the extent possible so that any such amounts shall be exempt from the requirements of Section 409A, in no event shall the Company THG be liable to Participant for or with respect to any taxes, penalties and/or interest which may be imposed upon any such amounts pursuant to Section 409A or any other federal or state tax law. To the extent that any such amount should be subject to Section 409A (or any other federal or state tax law), Participant shall bear the entire risk of any such taxes, penalties and or interest. View More
Taxes. The vesting and settlement exercise of the RSUs this Stock Option will give rise to "wages" subject to withholding. Participant expressly acknowledges and agrees that Participant's rights hereunder, including the right to be issued Shares in settlement of the RSUs, upon exercise, are subject to Participant promptly remitting to the Company in cash (or by such other means as may be acceptable to the Administrator in its discretion) any amounts determined by the Company to be required to be withhe...ld. No Shares will be transferred pursuant to the settlement exercise of the RSUs this Stock Option unless and until Participant the person exercising this Stock Option has remitted to the Company an amount sufficient to satisfy any federal, state, or local withholding tax requirements, or has made other arrangements satisfactory to the Company with respect to such taxes. Participant authorizes the Company to withhold such amount from any amounts otherwise owed to Participant. The Company may, at its option, withhold from the RSUs, or the Shares which such RSUs represent, a sufficient number of RSUs/Shares Shares to satisfy the minimum federal, state and local tax withholding due, if any, due and remit the balance of the RSUs/Shares Shares to Participant. If this Stock Option is automatically exercised as provided in the last paragraph of Section 5 above or if Participant pays the Option Price through a "net exercise" of this Stock Option as provided by Section 5 above, the minimum federal, state and local tax withholding due in connection with the exercise of this Stock Option shall be satisfied by the Company withholding a sufficient number of Shares to satisfy with minimum federal, state and local tax withholding due. The Company makes no representations to Participant with respect to the tax treatment of any amount paid or payable pursuant to this Award. While this Award is intended to be interpreted and operated to the extent possible so that any such amounts shall be exempt from the requirements of Section 409A, in no event shall the Company be liable to Participant for or with respect to any taxes, penalties and/or interest which may be imposed upon any such amounts pursuant to Section 409A or any other federal or state tax law. To the extent that any such amount should be subject to Section 409A (or any other federal or state tax law), Participant shall bear the entire risk of any such taxes, penalties and or interest. 7 18. Waiver of Jury Trial. By accepting this Award under the Plan, Participant waives any right to a trial by jury in any action, proceeding or counterclaim concerning any rights under (a) the Plan, (b) any Award, or (c) any amendment, waiver, consent, instrument, document or other agreement delivered or which in the future may be delivered in connection with any of the foregoing, and agrees that any such action, proceedings or counterclaim shall be tried before a court and not before a jury. View More
Taxes. The vesting and settlement exercise of the RSUs this Stock Option will give rise to "wages" subject to withholding. Participant expressly acknowledges and agrees that Participant's rights hereunder, including the right to be issued Shares in settlement of the RSUs, upon exercise, are subject to Participant promptly remitting to the Company in cash (or by such other means as may be acceptable to the Administrator in its discretion) any amounts determined by the Company to be required to be withhe...ld. No Shares will be transferred pursuant to the settlement exercise of the RSUs this Stock Option unless and until Participant the person exercising this Stock Option has remitted to the Company an amount sufficient to satisfy any federal, state, or local withholding tax requirements, or has made other arrangements satisfactory to the Company with respect to such taxes. Participant authorizes the Company to withhold such amount from any amounts otherwise owed to Participant. The Company may, at its option, withhold from the RSUs, or the Shares which such RSUs represent, a sufficient number of RSUs/Shares Shares to satisfy the minimum federal, state and local tax withholding due, if any, due and remit the balance of the RSUs/Shares Shares to Participant. If this Stock Option is automatically exercised as provided in the last paragraph of Section 5 above or if Participant pays the Option Price through a "net exercise" of this Stock Option as provided by Section 5 above, the minimum federal, state and local tax withholding due in connection with the exercise of this Stock Option shall be satisfied by the Company withholding a sufficient number of Shares to satisfy with minimum federal, state and local tax withholding due. The Company makes no representations to Participant with respect to the tax treatment of any amount paid or payable pursuant to this Award. While this Award is intended to be interpreted and operated to the extent possible so that any such amounts shall be exempt from the requirements of Section 409A, in no event shall the Company be liable to Participant for or with respect to any taxes, penalties and/or interest which may be imposed upon any such amounts pursuant to Section 409A or any other federal or state tax law. To the extent that any such amount should be subject to Section 409A (or any other federal or state tax law), Participant shall bear the entire risk of any such taxes, penalties and or interest. 8 18. Waiver of Jury Trial. By accepting this Award under the Plan, Participant waives any right to a trial by jury in any action, proceeding or counterclaim concerning any rights under (a) the Plan, (b) any Award, or (c) any amendment, waiver, consent, instrument, document or other agreement delivered or which in the future may be delivered in connection with any of the foregoing, and agrees that any such action, proceedings or counterclaim shall be tried before a court and not before a jury. View More
Taxes. The vesting and settlement of the RSUs PBRSUs and the payment of any dividend equivalent amounts will give rise to "wages" subject to withholding. Participant expressly acknowledges and agrees that Participant's rights hereunder, including the right to be issued Shares in settlement of the RSUs, PBRSUs and the right to receive any payments of dividend equivalent amounts, are subject to Participant promptly remitting to the Company in cash (or by such other means as may be acceptable to the Admin...istrator in its discretion) any amounts determined by the Company to be required to be withheld. No Shares will be transferred transferred, and no payment of dividend equivalents amounts will be made, pursuant to the settlement of the RSUs PBRSUs unless and until Participant has remitted to the Company an amount sufficient to satisfy any federal, state, or local withholding tax requirements, or has made other arrangements satisfactory to the Company with respect to such taxes. Participant authorizes the Company to withhold such amount from any amounts otherwise owed to Participant. Participant, including such amounts as are necessary to satisfy any employment tax obligations arising prior to the settlement of the PBRSUs. The Company may, at its option, withhold from the RSUs, or Shares deliverable in settlement of the Shares which such RSUs represent, PBRSUs a sufficient number of RSUs/Shares Shares to satisfy the minimum federal, state and local tax withholding due, if any, and remit the balance of the RSUs/Shares to Participant. due. The Company makes no representations to Participant with respect to the tax treatment of any amount paid or payable pursuant to this Award. While this Award is intended to be interpreted and operated to the extent possible so that any such amounts shall be exempt from the requirements of Section 409A, in no event shall the Company THG be liable to Participant for or with respect to any taxes, penalties and/or interest which may be imposed upon any such amounts pursuant to Section 409A or any other federal or state tax law. To the extent that any such amount should be subject to Section 409A (or any other federal or state tax law), Participant shall bear the entire risk of any such taxes, penalties and or interest. 7 23. Waiver of Jury Trial. By accepting this Award under the Plan, to the maximum extent permitted by law, Participant waives any right to a trial by jury in any action, proceeding or counterclaim concerning any rights under (a) the Plan, (b) any Award, or (c) any amendment, waiver, consent, instrument, document or other agreement delivered or which in the future may be delivered in connection with any of the foregoing, and agrees that any such action, proceedings or counterclaim shall be tried before a court and not before a jury. View More
Taxes. The vesting If at the time the PBRSUs vest the Company determines that under applicable law and settlement regulations it could be liable for the withholding of the RSUs will give rise to "wages" subject to withholding. any federal, state or local tax, Participant expressly acknowledges and agrees that Participant's rights hereunder, including the right to be issued Shares in settlement of the RSUs, are subject to Participant promptly remitting shall remit to the Company in cash (or by such othe...r means as may be acceptable to the Administrator in its discretion) any amounts determined by the Company to be required to be withheld. No Shares will be transferred pursuant to withheld or the settlement of the RSUs unless and until Participant has remitted to the Company an amount sufficient to satisfy any federal, state, or local withholding tax requirements, or has made other arrangements satisfactory to the Company with respect to such taxes. Participant authorizes the Company to withhold such amount from any amounts otherwise owed to Participant. The Company may, at its option, withhold from the RSUs, such units, or the Shares which such RSUs units represent, a sufficient number of RSUs/Shares units/Shares to satisfy the minimum federal, state and local tax withholding due, if any, and remit the balance of the RSUs/Shares units/Shares to the Participant. The Company makes no representations to Participant with respect to the tax treatment of any amount paid or payable pursuant to this Award. While this Award is intended to be interpreted and operated to the extent possible so that any such amounts shall be exempt from the requirements of Section 409A, 409A of the Internal Revenue Code ("Section 409A"), in no event shall the Company be liable to Participant for or with respect to any taxes, penalties and/or interest which may be imposed upon any such amounts pursuant to Section 409A or any other federal or state tax law. To the extent that any such amount should be subject to Section 409A (or any other federal or state tax law), the Participant shall bear the entire risk of any such taxes, penalties and or interest. View More
Taxes. The vesting and settlement exercise of the RSUs this Stock Option will give rise to "wages" subject to withholding. Participant expressly acknowledges and agrees that Participant's rights hereunder, including the right to be issued Shares in settlement of the RSUs, upon exercise, are subject to Participant promptly remitting to the Company in cash (or by such other means as may be acceptable to the Administrator in its discretion) any amounts determined by the Company to be required to be withhe...ld. No Shares will be transferred pursuant to the settlement exercise of the RSUs this Stock Option unless and until Participant the person exercising this Stock Option has remitted to the Company an amount sufficient to satisfy any federal, state, or local withholding tax requirements, or has made other arrangements satisfactory to the Company with respect to such taxes. Participant authorizes the Company to withhold such amount from any amounts otherwise owed to Participant. The Company may, at its option, withhold from the RSUs, or the Shares which such RSUs represent, a sufficient number of RSUs/Shares Shares to satisfy the minimum federal, state and local tax withholding due, if any, due (or such greater amount as would not result in adverse accounting consequences to the Company, as determined by, and in the sole discretion of, the Company) and remit the balance of the RSUs/Shares Shares to Participant. If this Stock Option is automatically exercised as provided in the last paragraph of Section 5 above or if Participant pays the Option Price through a "net exercise" of this Stock Option as provided by Section 5 above, the minimum federal, state and local tax withholding due in connection with the exercise of this Stock Option shall be satisfied by the Company withholding a sufficient number of Shares to satisfy with minimum federal, state and local tax withholding due (or such greater amount as would not result in adverse accounting consequences to the Company, as determined by, and in the sole discretion of, the Company). The Company makes no representations to Participant with respect to the tax treatment of any amount paid or payable pursuant to this Award. While this Award is intended to be interpreted and operated to the extent possible so that any such amounts shall be exempt from the requirements of Section 409A, in no event shall the Company be liable to Participant for or with respect to any taxes, penalties and/or interest which may be imposed upon any such amounts pursuant to Section 409A or any other federal or state tax law. To the extent that any such amount should be subject to Section 409A (or any other federal or state tax law), Participant shall bear the entire risk of any such taxes, penalties and or interest. View More
Taxes. The vesting and settlement of the RSUs PBRSUs and the payment of any dividend equivalent amounts will give rise to "wages" subject to withholding. Participant expressly acknowledges and agrees that Participant's rights hereunder, including the right to be issued Shares in settlement of the RSUs, PBRSUs and the right to receive any payment of dividend equivalents amounts, are subject to Participant promptly remitting to the Company in cash (or by such other means as may be acceptable to the Admin...istrator in its discretion) any amounts determined by the Company to be required to be withheld. No Shares will be transferred transferred, and no payments of dividend equivalent amounts will be made, pursuant to the settlement of the RSUs PBRSUs unless and until Participant has remitted to the Company an amount sufficient to satisfy any federal, state, or local withholding tax requirements, or has made other arrangements satisfactory to the Company with respect to such taxes. Participant authorizes the Company to withhold such amount from any amounts otherwise owed to Participant. Participant, including such amounts as are necessary to satisfy any employment tax obligations arising prior to the settlement of the PBRSUs. The Company may, at its option, withhold from the RSUs, PBRSUs, or the Shares which such RSUs PBRSUs represent, a sufficient number of RSUs/Shares PBRSUs/Shares to satisfy the minimum federal, state and local tax withholding due, due (or such greater amount which would not result in adverse accounting consequences to the Company, as determined by, and in the sole discretion of, the Company, it being understood that any Shares withheld in excess of the statutory minimum amount shall not again be available for issuance under the Plan, to the extent required to satisfy applicable stock exchange listing standards), if any, and remit the balance of the RSUs/Shares PBRSUs/Shares to Participant. The Company makes no representations to Participant with respect to the tax treatment of any amount paid or payable pursuant to this Award. While this Award is intended to be interpreted and operated to the extent possible so that any such amounts shall be exempt from the requirements of Section 409A, in no event shall the Company be liable to Participant for or with respect to any taxes, penalties and/or interest which may be imposed upon any such amounts pursuant to Section 409A or any other federal or state tax law. To the extent that any such amount should be subject to Section 409A (or any other federal or state tax law), Participant shall bear the entire risk of any such taxes, penalties and or interest. View More
Taxes. The vesting and settlement exercise of the RSUs this Stock Option will give rise to "wages" subject to withholding. Participant expressly acknowledges and agrees that Participant's rights hereunder, including the right to be issued Shares in settlement of the RSUs, upon exercise, are subject to Participant promptly remitting to the Company in cash (or by such other means as may be acceptable to the Administrator in its discretion) any amounts determined by the Company to be required to be withhe...ld. No Shares will be transferred pursuant to the settlement exercise of the RSUs this Stock Option unless and until Participant the person exercising this Stock Option has remitted to the Company an amount sufficient to satisfy any federal, state, or local withholding tax requirements, or has made other arrangements satisfactory to the Company with respect to such taxes. Participant authorizes the Company to withhold such amount from any amounts otherwise owed to Participant. The Company may, at its option, withhold from the RSUs, or the Shares which such RSUs represent, a sufficient number of RSUs/Shares Shares to satisfy the minimum federal, state and local tax withholding due, if any, due and remit the balance of the RSUs/Shares Shares to Participant. If this Stock Option is automatically exercised as provided in the last paragraph of Section 5 above or if Participant pays the Option Price through a "net exercise" of this Stock Option as provided by Section 5 above, the minimum federal, state and local tax withholding due in connection with the exercise of this Stock Option shall be satisfied by the Company withholding a sufficient number of Shares to satisfy with minimum federal, state and local tax withholding due. The Company makes no representations to Participant with respect to the tax treatment of any amount paid or payable pursuant to this Award. While this Award is intended to be interpreted and operated to the extent possible so that any such amounts shall be exempt from the requirements of Section 409A, in no event shall the Company be liable to Participant for or with respect to any taxes, penalties and/or interest which may be imposed upon any such amounts pursuant to Section 409A or any other federal or state tax law. To the extent that any such amount should be subject to Section 409A (or any other federal or state tax law), Participant shall bear the entire risk of any such taxes, penalties and or interest. View More
