Withholding of Taxes Clause Example with 47 Variations from Business Contracts

Withholding of Taxes. The Company shall have As a condition to exercising the power and the right to deduct or withhold, or require Option, the Participant to must remit to the Company, Company an amount sufficient to satisfy any federal, state, local and foreign taxes of any kind (including, but not limited to, the Participant's FICA and SDI obligations) which the Company, in its sole discretion, deems necessary to be withheld or remitted to comply with the Code and/or any other applicable law, rule or regulation wi...th respect to the Restricted Stock and, if Option. If the Participant fails to do so, so this Option shall not be deemed to have been exercised and the Company may otherwise refuse to issue or transfer any shares of Common Company Stock otherwise required to be issued pursuant to this Agreement. At the discretion of the Company, any minimum statutorily required withholding obligation with regard to the Participant may be satisfied by reducing the amount of cash or shares of Common Stock otherwise deliverable to the Participant hereunder. View More

Withholding of Taxes. The Company shall have the power and the right to deduct or withhold, or require the Participant to remit to the Company, an amount sufficient to satisfy any federal, state, local and foreign taxes of any kind (including, but not limited to, the Participant's FICA and SDI obligations) which the Company, in its sole discretion, deems necessary to be withheld or remitted to comply with the Code and/or any other applicable law, rule or regulation with respect to the Restricted Stock and, if the Par...ticipant fails to do so, the Company may otherwise refuse to issue or transfer any shares of Common Stock otherwise required to be issued pursuant to this Agreement. At the discretion of the Company, any Any minimum statutorily required withholding obligation with regard to the Participant may be satisfied by reducing the amount of cash or shares of Common Stock otherwise deliverable to the Participant hereunder. 2 9. Section 83(b). If the Participant properly elects (as required by Section 83(b) of the Code) within 30 days after the issuance of the Restricted Stock to include in gross income for federal income tax purposes in the year of issuance the Fair Market Value of such shares of Restricted Stock, the Participant shall pay to the Company or make arrangements satisfactory to the Company to pay to the Company upon such election, any federal, state or local taxes required to be withheld with respect to the Restricted Stock. If the Participant shall fail to make such payment, the Company shall, to the extent permitted by law, have the right to deduct from any payment of any kind otherwise due to the Participant any federal, state or local taxes of any kind required by law to be withheld with respect to the Restricted Stock, as well as the rights set forth in Section 8 hereof. The Participant acknowledges that it is the Participant's sole responsibility, and not the Company's, to file timely and properly the election under Section 83(b) of the Code and any corresponding provisions of state tax laws if the Participant elects to make such election, and the Participant agrees to timely provide the Company with a copy of any such election. View More

Withholding of Taxes. The Company or any Affiliate shall have the power and the right to deduct or withhold, or require the Participant to remit to the Company, Company or such Affiliate, or make any other arrangements as it considers appropriate to ensure that it has received an amount sufficient to satisfy any federal, state, local local, and foreign taxes of any kind (including, but not limited to, the Participant's FICA and SDI obligations) which that the Company, in its sole discretion, deems necessary to be wit...hheld or remitted to comply with the Code and/or any other 4 applicable law, rule rule, or regulation with respect to the Restricted Stock Option and, if the Participant fails to do so, the Company may otherwise refuse to issue or transfer Transfer any shares of Common Stock otherwise required to be issued pursuant to this Agreement. At the discretion of the Company, any minimum statutorily required withholding obligation with regard to the Participant may be satisfied by reducing the amount of cash or shares of Common Stock otherwise deliverable to the Participant hereunder. View More

Withholding of Taxes. The Participant agrees and acknowledges that the Company and/or its Subsidiaries shall have the power and the right to deduct or withhold, or require the Participant to remit to the Company, Company and/or its Subsidiaries, an amount sufficient to satisfy any federal, state, local and foreign taxes of any kind (including, but not limited to, the Participant's FICA and SDI obligations) which the Company, in its sole discretion, deems necessary to be withheld or remitted to comply with the Code an...d/or any other applicable law, rule or regulation with respect to the Restricted Stock and, RSUs, and if the Participant fails to do so, withholding requirement cannot be satisfied, the Company may otherwise refuse to issue or transfer any shares of Common Stock otherwise required to be issued pursuant to this Agreement. At Without limiting the discretion of foregoing, the Company, any minimum statutorily required withholding obligation with regard to the Participant may be satisfied by reducing the amount of cash or Company shall withhold shares of Common Stock otherwise deliverable to the Participant hereunder. hereunder in order to pay the Participant's income and employment taxes due upon vesting of the RSUs, but only to the extent permitted by applicable accounting rules so as not to affect accounting treatment. View More

Withholding of Taxes. The Company or any Affiliate shall have the power and the right to deduct or withhold, or require the Participant to remit to the Company, Company or such Affiliate, or make any other arrangements as it considers appropriate to ensure that it has received, an amount sufficient to satisfy any federal, state, local and foreign taxes of any kind (including, but not limited to, the Participant's FICA and SDI obligations) which the Company, in its sole discretion, deems necessary to be withheld or re...mitted to 4 comply with the Code and/or any other applicable law, rule or regulation with respect to the Restricted Stock Option and, if the Participant fails to do so, the Company may otherwise refuse to issue or transfer Transfer any shares of Common Stock otherwise required to be issued pursuant to this Agreement. At the discretion of the Company, any minimum statutorily required withholding obligation with regard to the Participant may be satisfied by reducing the amount of cash or shares of Common Stock otherwise deliverable to the Participant hereunder. View More

Withholding of Taxes. The Company or any Affiliate shall have the power and the right to deduct or withhold, or require the Participant to remit to the Company, Company or such Affiliate, or make any other arrangements as it considers appropriate to ensure that it has received an amount sufficient to satisfy any federal, state, local local, and foreign taxes of any kind (including, but not limited to, the Participant's FICA and SDI obligations) which that the Company, in its sole discretion, deems necessary to be wit...hheld or remitted to comply with the Code and/or any other applicable law, rule rule, or regulation with respect to the Restricted Stock Option and, if the Participant fails to do so, the Company may otherwise refuse to issue or transfer Transfer any shares of Common Stock otherwise required to be issued pursuant to this Agreement. At the discretion of the Company, any minimum statutorily required withholding obligation with regard to the Participant may be satisfied by reducing the amount of cash or shares of Common Stock otherwise deliverable to the Participant hereunder. View More

Withholding of Taxes. The Participant agrees and acknowledges that the Company shall have the power and the right to deduct or withhold, or require the Participant to remit to the Company, an amount sufficient to satisfy any federal, state, local and foreign taxes of any kind (including, but not limited to, the Participant's FICA and SDI obligations) which the Company, in its sole discretion, deems necessary to be withheld or remitted to comply with the 3 Code and/or any other applicable law, rule or regulation with ...respect to the Restricted Stock and, RSUs, and if the Participant fails to do so, withholding requirement cannot be satisfied, the Company may otherwise refuse to issue or transfer any shares of Common Stock otherwise required to be issued pursuant to this Agreement. At Without limiting the discretion of foregoing, the Company, any minimum statutorily required withholding obligation with regard to the Participant may be satisfied by reducing the amount of cash or Company shall withhold shares of Common Stock otherwise deliverable to the Participant hereunder. hereunder in order to pay the Participant's income and employment taxes due upon vesting of the RSUs, but only to the extent permitted by applicable accounting rules so as not to affect accounting treatment. View More

Withholding of Taxes. The Company or any Affiliate shall have the power and the right to deduct or withhold, or require the Participant to remit to the Company, Company or such Affiliate, or make any other arrangements as it considers appropriate to ensure that it has received, an amount sufficient to satisfy any federal, state, local and foreign taxes of any kind (including, but not limited to, the Participant's FICA and SDI obligations) which the Company, in its sole discretion, deems necessary to be withheld or re...mitted to comply with the Code and/or any other applicable law, rule or regulation with respect to the Restricted Stock Option and, if the Participant fails to do so, the Company may otherwise refuse to issue or transfer Transfer any shares of Common Stock otherwise required to be issued pursuant to this Agreement. At the discretion of the Company, any minimum statutorily required withholding obligation with regard to the Participant may be satisfied by reducing the amount of cash or shares of Common Stock otherwise deliverable to the Participant hereunder. View More

Withholding of Taxes. The Company or any Affiliate shall have the power and the right to deduct or withhold, or require the Participant to remit to the Company, Company or such Affiliate, or make any other arrangements as it considers appropriate to ensure that it has received an amount sufficient to satisfy any federal, state, local local, and foreign taxes of any kind (including, but not limited to, the Participant's FICA and SDI obligations) which that the Company, in its sole discretion, deems necessary to be wit...hheld or remitted to comply with the Code and/or any other applicable law, rule rule, or regulation with respect to the Restricted Stock and, if the Participant fails to do so, the Company may otherwise refuse to issue or transfer Transfer any shares of Common Stock otherwise required to be issued pursuant to this Agreement. At the discretion of the Company, any minimum statutorily required withholding obligation with regard to the Participant may be satisfied by reducing the amount of cash or shares of Common Stock otherwise deliverable to the Participant hereunder. View More

Withholding of Taxes. The Company shall have the power and the right to deduct or withhold, or require the Participant to remit to the Company, an amount sufficient to satisfy any federal, state, local and foreign taxes of any kind (including, but not limited to, the Participant's FICA and SDI obligations) which the Company, in its sole discretion, deems necessary to be withheld or remitted to comply with the Code and/or any other applicable law, rule or regulation with respect to the Restricted Stock RSUs and, if th...e Participant fails to do so, the Company may otherwise refuse to issue or transfer any shares of Common Stock otherwise required to be issued pursuant to this Agreement. At the discretion of the Company, any [Any minimum statutorily required withholding obligation with regard to the Participant may or any additional tax obligation with regard to the Participant that does not result in any adverse accounting implications to the Company may, with the consent of the Committee, be satisfied by reducing the amount of cash or shares of Common Stock otherwise deliverable to the Participant hereunder. hereunder.] 3 9. Legend. The Company may at any time place legends referencing any applicable federal, state or foreign securities law restrictions on all certificates representing shares of Common Stock issued pursuant to this Agreement. The Participant shall, at the request of the Company, promptly present to the Company any and all certificates representing shares of Common Stock acquired pursuant to this Agreement in the possession of the Participant in order to carry out the provisions of this Section 9. View More