Withholding and Taxes Clause Example with 14 Variations from Business Contracts

Withholding and Taxes. No later than the date as of which an amount first becomes includible in the gross income of the Grantee Participant for income tax purposes or subject to the Federal Insurance Contributions Act withholding with respect to the Award LTIP Units granted hereunder, the Grantee Participant will pay to the Company or, if appropriate, any of its subsidiaries, Subsidiaries, or make arrangements satisfactory to the Committee regarding the payment of, any United States federal, state or local or foreign ...taxes of any kind required by law to be withheld with respect to such amount. If this Award results The Company may cause the required minimum tax withholding obligation to be satisfied, in the payment whole or in part, by (i) withholding from shares of cash Stock to be issued to the Grantee or Participant in respect of the issuance Participant's exercise of the Redemption Right a number of shares of common stock, the Company shall have the right to deduct from all payments hereunder any taxes required by law to be withheld Stock with respect to such payments, either in cash or, with the approval of the Committee, in the form of shares of common stock, with such shares valued based on the an aggregate Fair Market Value (as defined in the Plan) as of the date that would satisfy the withholding is in effect. amount due, or (ii) withholding from Award LTIP Units granted to the Participant with an aggregate value that would satisfy the withholding amount due. The obligations of the Company under this Agreement will be conditional on such payment or arrangements, and the Company and its subsidiaries also Subsidiaries shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the Grantee. Participant. 10 12. Amendment; Modification. This Agreement may only be modified or amended in a writing signed by the parties hereto, provided that the Participant acknowledges that the Plan may be amended or modified in accordance with Section 16.1 thereof and that this Agreement may be amended or canceled by the Committee, on behalf of the Company and the Partnership, in each case for the purpose of satisfying changes in law or for any other lawful purpose, so long as no such action shall adversely affect the Participant's rights under this Agreement without the Participant's written consent. No promises, assurances, commitments, agreements, undertakings or representations, whether oral, written, electronic or otherwise, and whether express or implied, with respect to the subject matter hereof, have been made by the parties which are not set forth expressly in this Agreement. The failure of the Participant or the Company or the Partnership to insist upon strict compliance with any provision of this Agreement, or to assert any right the Participant or the Company or the Partnership, respectively, may have under this Agreement, shall not be deemed to be a waiver of such provision or right or any other provision or right of this Agreement. View More

Withholding and Taxes. No later than the date as of which an amount first becomes includible in the gross income of the Grantee for income tax purposes or subject to the Federal Insurance Contributions Act withholding with respect to the Award LTIP number of Restricted Stock Units granted hereunder, the Grantee will pay to the Company or, if appropriate, any of its subsidiaries, Subsidiaries, or make arrangements satisfactory to the Committee Administrator regarding the payment of, any United States federal, state or ...local or foreign taxes of any kind required by law to be withheld with respect to such amount. If this Award results in Notwithstanding the payment foregoing, the Grantee's required minimum tax withholding obligation shall be satisfied by withholding a number of cash to the Grantee or the issuance of shares of common stock, the Company shall have the right to deduct from all payments hereunder any taxes required by law to be withheld Shares with respect to such payments, either in cash or, with the approval of the Committee, in the form of shares of common stock, with such shares valued based on the an aggregate Fair Market Value (as defined in the Plan) as of the date the equal to such minimum tax withholding is in effect. The obligations of the Company under this Agreement will be conditional on such payment or arrangements, and the Company and its subsidiaries also shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the Grantee. obligation. View More

Withholding and Taxes. No later than the date as of which an amount first becomes includible in the gross income of the Grantee for income tax purposes or subject to the Federal Insurance Contributions Act withholding with respect to the Award LTIP Units shares of Restricted Stock granted hereunder, the Grantee will pay to the Company or, if appropriate, any of its subsidiaries, Subsidiaries, or make arrangements satisfactory to the Committee Administrator regarding the payment of, any United States federal, state or ...local or foreign taxes of any kind required by law to be withheld with respect to such amount. If this Award results in Notwithstanding the payment of cash to foregoing, the Grantee or the issuance Grantee's required minimum tax withholding obligation shall be satisfied by withholding a number of shares of common stock, the Company shall have the right to deduct from all payments hereunder any taxes required by law to be withheld Restricted Stock with respect to such payments, either in cash or, with the approval of the Committee, in the form of shares of common stock, with such shares valued based on the an aggregate Fair Market Value (as defined in the Plan) as of the date the equal to such minimum tax withholding is in effect. The obligations of the Company under this Agreement will be conditional on such payment or arrangements, and the Company and its subsidiaries also shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the Grantee. obligation. View More

Withholding and Taxes. No later than the date as of which an amount first becomes includible in the gross income of the Grantee for income tax purposes or subject to the Federal Insurance Contributions Act withholding with respect to the Award LTIP Units shares of Restricted Stock granted hereunder, the Grantee will pay to the Company or, if appropriate, any of its subsidiaries, Subsidiaries, or make arrangements satisfactory to the Committee Administrator regarding the payment of, 7 any United States federal, state o...r local or foreign taxes of any kind required by law to be withheld with respect to such amount. If this Award results in Notwithstanding the payment foregoing, the Grantee's required minimum tax withholding obligation shall be satisfied by withholding a number of cash to the Grantee or the issuance of shares of common stock, the Company shall have the right to deduct from all payments hereunder any taxes required by law to be withheld Shares with respect to such payments, either in cash or, with the approval of the Committee, in the form of shares of common stock, with such shares valued based on the an aggregate Fair Market Value (as defined in the Plan) as of the date the equal to such minimum tax withholding is in effect. The obligations of the Company under this Agreement will be conditional on such payment or arrangements, and the Company and its subsidiaries also shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the Grantee. obligation. View More

Withholding and Taxes. No later than the date as of which an amount first becomes includible in the gross income of the Grantee for income tax purposes or subject to the Federal Insurance Contributions Act withholding with respect to the Award LTIP shares of Restricted Stock Units granted hereunder, the Grantee will pay to the Company or, if appropriate, any of its subsidiaries, Subsidiaries, or make arrangements satisfactory to the Committee regarding the payment of, any United States federal, state or local or forei...gn taxes of any kind required by law to be withheld with respect to such amount. If this Award results in Notwithstanding the payment of cash to foregoing, the Grantee or the issuance Grantee's required minimum tax withholding obligation shall be satisfied by withholding a number of shares of common stock, the Company shall have the right to deduct from all payments hereunder any taxes required by law to be withheld Restricted Stock Units with respect to such payments, either in cash or, with the approval of the Committee, in the form of shares of common stock, with such shares valued based on the an aggregate Fair Market Value (as defined in the Plan) as of the date the equal to such minimum tax withholding is in effect. The obligations of the Company under this Agreement will be conditional on such payment or arrangements, and the Company and its subsidiaries also shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the Grantee. obligation. View More

Withholding and Taxes. No later than the date as of which an amount first becomes includible in the gross income of the Grantee Participant for income tax purposes or subject to the Federal Insurance Contributions Act withholding with respect to the Award LTIP Units granted hereunder, the Grantee Participant will pay to the Company or, if appropriate, any of its subsidiaries, Subsidiaries, or make arrangements satisfactory to the Committee regarding the payment of, any United States federal, state or local or foreign ...taxes of any kind required by law to be withheld with respect to such amount. If this Award results The Company may cause the required minimum tax withholding obligation to be satisfied, in the payment whole or in part, by (i) withholding from shares of cash Stock to be issued to the Grantee or Participant in respect of the issuance Participant's exercise of the Redemption Right a number of shares of common stock, the Company shall have the right to deduct from all payments hereunder any taxes required by law to be withheld Stock with respect to such payments, either in cash or, with the approval of the Committee, in the form of shares of common stock, with such shares valued based on the an aggregate Fair Market Value (as defined in the Plan) as of the date that would satisfy the withholding is in effect. amount due, or (ii) withholding from Award LTIP Units granted to the Participant with an aggregate value that would satisfy the withholding amount due. The obligations of the Company under this Agreement will be conditional on such payment or arrangements, and the Company and its subsidiaries also Subsidiaries shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the Grantee. Participant. View More

Withholding and Taxes. No later than the date as of which an amount first becomes includible in the gross income of the Grantee for income tax purposes or subject to the Federal Insurance Contributions Act withholding with respect to the Award LTIP Restricted Stock Units granted hereunder, the Grantee will pay to the Company or, if appropriate, any of its subsidiaries, Subsidiaries, or make arrangements satisfactory to the Committee Administrator regarding the payment of, any United States federal, state or local or f...oreign taxes of any kind required by law to be withheld with respect to such amount. If this Award results in Notwithstanding the payment foregoing, the Grantee's required minimum tax withholding obligation shall be satisfied by withholding a number of cash to the Grantee or the issuance of shares of common stock, the Company shall have the right to deduct from all payments hereunder any taxes required by law to be withheld Shares with respect to such payments, either in cash or, with the approval of the Committee, in the form of shares of common stock, with such shares valued based on the an aggregate Fair Market Value (as defined in the Plan) as of the date the equal to such minimum tax withholding is in effect. The obligations of the Company under this Agreement will be conditional on such payment or arrangements, and the Company and its subsidiaries also shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the Grantee. obligation. View More

Withholding and Taxes. No later than the date as of which an amount first becomes includible in the gross income of the Grantee Participant for income tax purposes or subject to the Federal Insurance Contributions Act withholding with respect to the Award LTIP Units granted hereunder, the Grantee Participant will pay to the Company or, if appropriate, any of its subsidiaries, Subsidiaries, or make arrangements satisfactory to the Committee Administrator regarding the payment of, any United States federal, state or loc...al or foreign taxes of any kind required by law to be withheld with respect to such amount. If this Award results The Company may cause the required minimum tax withholding obligation to be satisfied, in the payment whole or in part, by withholding from shares of cash Stock to be issued to the Grantee or Participant in respect of the issuance Participant's exercise of the Exchange Right a number of shares of common stock, the Company shall have the right to deduct from all payments hereunder any taxes required by law to be withheld Stock with respect to such payments, either in cash or, with the approval of the Committee, in the form of shares of common stock, with such shares valued based on the an aggregate Fair Market Value (as defined in the Plan) as of the date that would satisfy the withholding is in effect. amount due. The obligations of the Company under this Agreement will be conditional on such payment or arrangements, and the Company and its subsidiaries also Subsidiaries shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the Grantee. Participant. View More

Withholding and Taxes. No later than the date as of which an amount first becomes includible in the gross income of the Grantee for income tax purposes or subject to the Federal Insurance Contributions Act withholding with respect to the Award LTIP Units granted hereunder, the Grantee will pay to the Company or, if appropriate, any of its subsidiaries, Subsidiaries, or make arrangements satisfactory to the Committee regarding the payment of, any United States federal, state or local or foreign taxes of any kind requir...ed by law to be withheld with respect to such amount. If this Award results in the payment of cash to the Grantee or the issuance of shares of common stock, the Company shall have the right to deduct from all payments hereunder any taxes required by law to be withheld with respect to such payments, either in cash or, with the approval of the Committee, in the form of shares of common stock, with such shares valued based on the Fair Market Value (as defined in the Plan) as of the date the withholding is in effect. The obligations of the Company under this Agreement will be conditional on such payment or arrangements, and the Company and its subsidiaries also Subsidiaries shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the Grantee. Grantee.10. Amendment, Modification. This Agreement may only be modified or amended in a writing signed by the parties hereto, provided that the Grantee acknowledges that the Plan may be amended or discontinued in accordance with Section 16 thereof and that this Agreement may be amended or canceled by the Committee, on behalf of the Company and the Partnership, for the purpose of satisfying changes in law or for any other lawful purpose, so long as no such action shall impair the Grantee's rights under this Agreement without the Grantee's written consent. No promises, assurances, commitments, agreements, undertakings or representations, whether oral, written, electronic or otherwise, and whether express or implied, with respect to the subject matter hereof, have been made by the parties which are not set forth expressly in this Agreement. View More

Withholding and Taxes. No later than the date as of which an amount first becomes includible in the gross income of the Grantee for income tax purposes or subject to the Federal Insurance Contributions Act withholding with respect to the Award LTIP Units granted hereunder, the Grantee will pay to the Company or, if appropriate, any of its subsidiaries, or make arrangements satisfactory to the Committee regarding the payment of, any United States federal, state or local or foreign taxes of any kind required by law to b...e withheld with respect to such amount. If this Award results in the payment of cash to the Grantee or the issuance of shares of common stock, the Company shall have the right to deduct from all payments hereunder any taxes required by law to be withheld with respect to such payments, either in cash or, with the approval of the Committee, in the form of shares of common stock, with such shares valued based on the Fair Market Value (as defined in the Plan) as of the date the withholding is in effect. The obligations of the Company under this Agreement will be conditional on such payment or arrangements, and the Company and its subsidiaries also shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the Grantee. 3 General Form 2016 ACTIVE/84063817.3 10. Amendment; Modification. This Agreement may only be modified or amended in a writing signed by the parties hereto, provided that the Grantee acknowledges that the Plan [and the Promote Plan] may be amended or discontinued in accordance with Section 7 of the Plan [and Section 9 of the Promote Plan], and that this Agreement may be amended or canceled by the Committee, on behalf of the Company and the Partnership, for the purpose of satisfying changes in law or for any other lawful purpose, so long as no such action shall adversely affect the Grantee's rights under this Agreement without the Grantee's written consent. No promises, assurances, commitments, agreements, undertakings or representations, whether oral, written, electronic or otherwise, and whether express or implied, with respect to the subject matter hereof, have been made by the parties which are not set forth expressly in this Agreement. The failure of the Grantee or the Company or the Partnership to insist upon strict compliance with any provision of this Agreement, or to assert any right the Grantee or the Company or the Partnership, respectively, may have under this Agreement, shall not be deemed to be a waiver of such provision or right or any other provision or right of this Agreement. View More