Withholding of Taxes Clause Example with 13 Variations from Business Contracts
This page contains Withholding of 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.
Withholding of Taxes. To the extent that the receipt of the Restricted Stock Units (or any dividend equivalents related thereto) or the lapse of any Forfeiture Restrictions results in compensation income or wages to the Grantee for federal, state, or local tax purposes, the Grantee shall deliver to the Company at the time of such receipt or lapse, as the case may be, such amount of money as the Company may require to meet its minimum obligation under applicable tax laws or regulations, and if the Grantee fails to do ...so (or if the Grantee instructs the Company to withhold cash or stock to meet such obligation), the Company shall withhold from any cash or stock remuneration (including withholding any shares of the Common Stock distributable to the Grantee under this Agreement) then or thereafter payable to the Grantee any tax required to be withheld by reason of such resulting compensation income or wages. The Company is making no representation or warranty as to the tax consequences to the Grantee as a result of the receipt of the Restricted Stock Units, the treatment of dividend equivalents, the lapse of any Forfeiture Restrictions, or the forfeiture of any Restricted Stock Units pursuant to the Forfeiture Restrictions.View More
Variations of a "Withholding of Taxes" Clause from Business Contracts
Withholding of Taxes. To the extent that a tax election by Employee or the receipt of the Restricted Stock Units (or any dividend equivalents related thereto) or the lapse of any Forfeiture Restrictions by employee results in compensation income to Employee for federal or wages to the Grantee for federal, state, or local state tax purposes, the Grantee Employee shall deliver to the Company at the time of such receipt or lapse, as the case may be, event, such amount of money or shares of Stock as the Company may requi...re to meet its minimum withholding obligation under applicable tax laws or regulations, and and, if the Grantee Employee fails to do so (or if the Grantee instructs so, the Company is authorized to withhold cash or stock to meet such obligation), the Company shall withhold from any cash or stock Stock remuneration (including withholding any shares of the Common Stock distributable to the Grantee under this Agreement) then or thereafter payable to the Grantee Employee any tax required to be withheld by reason of such resulting compensation income or wages. The Company is making no representation or warranty as to income. To the tax consequences to the Grantee as a result of the receipt of the Restricted Stock Units, the treatment of dividend equivalents, extent that the lapse of any Forfeiture Restrictions, Restrictions results in compensation income to Employee for federal or state tax purposes and Employee has not otherwise made arrangements to satisfy its withholding obligation, the forfeiture Company shall withhold from the prior Restricted Shares such shares of any Restricted Stock Units as the Company may require to meet its withholding obligations under applicable tax laws or regulations. Notwithstanding the foregoing, in satisfaction of the proceeding obligations where Employee is to receive distribution of Stock, Employee may elect to have the Company withhold shares of Stock otherwise payable pursuant to this Agreement with a value in excess of minimum tax withholding obligations, but not in excess of the Forfeiture Restrictions. withholding determined by the maximum individual statutory rate in the applicable jurisdiction. View More
Withholding of Taxes. To the extent that the receipt of the Restricted DSAs and/or shares of unrestricted Stock Units (or any dividend equivalents related thereto) or the lapse of any Forfeiture Restrictions results in compensation income or wages to the Grantee Employee for federal, state, or local income tax purposes, the Grantee Employee shall deliver to the Company at the time of such receipt or lapse, as the case may be, receipt, such amount of money or shares of unrestricted Stock as the Company may require to ...meet its minimum withholding obligation (if any) under applicable tax laws or regulations, and and, if the Grantee Employee fails to do so (or if the Grantee instructs so, the Company is authorized to withhold cash or stock to meet such obligation), the Company shall withhold from any cash or stock Stock remuneration (including withholding any shares of the Common Stock distributable to the Grantee under this Agreement) then or thereafter payable to the Grantee Employee any tax required to be withheld by reason of such resulting compensation income or wages. The Company is making no representation or warranty as to income. To the tax consequences to the Grantee as a result of the receipt of the Restricted Stock Units, the treatment of dividend equivalents, extent that the lapse of any Forfeiture Restrictions, Restrictions results in compensation income to Employee for income tax purposes and Employee has not otherwise made arrangements to satisfy its withholding obligation (if any), the Company shall withhold from the unrestricted Stock such shares as the Company may require to meet its withholding obligations under applicable tax laws or the forfeiture of any Restricted Stock Units pursuant to the Forfeiture Restrictions. regulations. View More
Withholding of Taxes. To the extent that the receipt of the Restricted Stock Units (or any dividend equivalents related thereto) or the lapse of any Forfeiture Restrictions results in compensation income or wages to the Grantee Employee for federal, state, federal or local state income tax purposes, the Grantee Employee shall deliver to the Company at the time of such receipt or lapse, receipt, as the case may be, such amount of money as the Company may require to meet its minimum obligation under applicable tax laws... or regulations, and if the Grantee Employee fails to do so (or if the Grantee instructs so, the Company is authorized to withhold cash or stock to meet such obligation), the Company shall withhold from any cash or stock remuneration (including withholding any shares of the Common Stock Units distributable to the Grantee Employee under this Agreement) then or thereafter payable to the Grantee Employee any tax required to be withheld by reason of such resulting compensation income or wages. The Company is making no representation or warranty as to the tax consequences to the Grantee as a result of the receipt of the Restricted Stock Units, the treatment of dividend equivalents, the lapse of any Forfeiture Restrictions, or the forfeiture of any Restricted Stock Units pursuant to the Forfeiture Restrictions. income. View More
Withholding of Taxes. To the extent that the receipt of the Restricted Stock Units (or any dividend equivalents related thereto) Shares or the lapse of any Forfeiture Restrictions Restriction results in compensation income to Employee for federal or wages to the Grantee for federal, state, or local state income tax purposes, the Grantee Employee shall deliver to the Company at the time of such receipt or lapse, as the case may be, such amount of money or shares of unrestricted Stock as the Company may require to meet... its minimum withholding obligation under applicable tax laws or regulations, and if the Grantee Employee fails to do so (or if the Grantee instructs so, the Company is authorized to withhold cash or stock to meet such obligation), the Company shall withhold from any cash or stock Stock remuneration (including withholding any shares of the Common Stock distributable to the Grantee under this Agreement) then or thereafter payable to the Grantee Employee any tax required to be withheld by reason of such resulting compensation income or wages. The Company is making no representation or warranty as to the tax consequences to the Grantee as a result of the receipt of the Restricted Stock Units, the treatment of dividend equivalents, the lapse of any Forfeiture Restrictions, or the forfeiture of any Restricted Stock Units pursuant to the Forfeiture Restrictions. income. View More
Withholding of Taxes. To the extent that the receipt of the Restricted Stock Units (or any Common Stock or dividend equivalents related thereto) or the lapse of any Forfeiture Restrictions results in compensation compensation, income or wages to the Grantee Employee for federal, state, or local tax purposes, the Grantee Employee shall deliver to the Company at the time of such receipt or lapse, as the case may be, such amount of money as the Company may require to meet its minimum obligation under applicable tax laws... or regulations, and if the Grantee Employee fails to do so (or if the Grantee Employee instructs the Company to withhold cash or stock to meet such obligation), the Company shall withhold from any cash or stock remuneration (including withholding any shares of the Common Stock distributable to the Grantee Employee under this Agreement) then or thereafter payable to the Grantee Employee, any tax required to be withheld by reason of such resulting compensation income or wages. The Company is making no representation or warranty as to the tax consequences to the Grantee Employee as a result of the receipt of the Restricted Stock Units, the treatment of dividend equivalents, the lapse of any Forfeiture Restrictions, or the forfeiture of any Restricted Stock Units pursuant to the Forfeiture Restrictions. 4 5. No Shareholder Rights. The Restricted Stock Units granted pursuant to this Agreement do not and shall not entitle Employee to any rights of a holder of Common Stock prior to the date that shares of Common Stock are issued to Employee in settlement of the Award. Employee's rights with respect to the Restricted Stock Units shall remain forfeitable as stated in this Agreement. View More
Withholding of Taxes. To the extent that the receipt of the Restricted Stock Performance Share Units (or any dividend equivalents related thereto) or the lapse of any Forfeiture Restrictions vesting and/or settlement in connection therewith results in compensation income or wages to the Grantee for federal, state, state or local tax purposes, the Grantee shall deliver to the Company at the time of such receipt or lapse, as the case may be, such amount of money as the Company may require to meet its minimum obligation... withholding obligations under applicable tax laws or regulations, and if the Grantee fails to do so (or if the Grantee instructs so, the Company is authorized to withhold cash or stock to meet such obligation), the Company and shall withhold from any cash or stock remuneration (including withholding any shares of the Common Stock Shares distributable to the Grantee under this Agreement) then or 6 thereafter payable to the Grantee any tax required to be withheld by reason of such resulting compensation income or wages. The Grantee acknowledges and agrees that the Company is making no representation or warranty as to the tax consequences to the Grantee as a result of the receipt of the Restricted Stock Performance Share Units, the treatment of dividend equivalents, the lapse of any Forfeiture Restrictions, vesting thereof, or the forfeiture of any Restricted Stock Units pursuant to the Forfeiture Restrictions. Performance Share Units. View More
Withholding of Taxes. To the extent that the receipt of the Restricted Stock Performance Share Units (or any dividend equivalents related thereto) or the lapse of any Forfeiture Restrictions vesting and/or settlement in connection therewith results in compensation income or wages to the Grantee for federal, state, state or local tax purposes, the Grantee shall deliver to the Company at the time of such receipt or lapse, as the case may be, such amount of money as the Company may require to meet its minimum obligation... withholding obligations under applicable tax laws or regulations, and if the Grantee fails to do so (or if the Grantee instructs so, the Company is authorized to withhold cash or stock to meet such obligation), the Company and shall withhold from any cash or stock remuneration 6 (including withholding any shares of the Common Stock Shares distributable to the Grantee under this Agreement) then or thereafter payable to the Grantee any tax required to be withheld by reason of such resulting compensation income or wages. The Grantee acknowledges and agrees that the Company is making no representation or warranty as to the tax consequences to the Grantee as a result of the receipt of the Restricted Stock Performance Share Units, the treatment of dividend equivalents, the lapse of any Forfeiture Restrictions, vesting thereof, or the forfeiture of any Restricted Stock Units pursuant to the Forfeiture Restrictions. Performance Share Units. View More
Withholding of Taxes. To the extent that the receipt of the Restricted Stock Units Shares (or any dividend equivalents related thereto) dividends thereon) or the lapse of any Forfeiture Restrictions results in compensation income or wages to the Grantee Employee for federal, state, state or local tax purposes, the Grantee Employee shall deliver to the Company at the time of such receipt or lapse, as the case may be, such amount of money as the Company may require to meet its minimum obligation under applicable tax la...ws or regulations, and if the Grantee Employee fails to do so (or if the Grantee Employee instructs the Company to withhold cash or stock to meet such obligation), the Company shall withhold from any cash or stock remuneration -3- (including withholding any shares of the Common Stock Restricted Shares or Earned Shares distributable to the Grantee Employee under this Agreement) then or thereafter payable to the Grantee Employee any tax required to be withheld by reason of such resulting compensation income or wages. The Company is making no representation or warranty as to the tax consequences to the Grantee Employee as a result of the receipt of the Restricted Stock Units, Shares, the treatment of dividend equivalents, dividends, the lapse of any Forfeiture Restrictions, or the forfeiture of any Restricted Stock Units Shares pursuant to the Forfeiture Restrictions. View More
Withholding of Taxes. To the extent that the receipt of the Restricted Stock Units (or any Common Stock or dividend equivalents related thereto) or the lapse of any Forfeiture Restrictions results in compensation compensation, income or wages to the Grantee Employee for federal, state, or local tax purposes, the Grantee Employee shall deliver to the Company at the time of such receipt or lapse, as the case may be, such amount of money as the Company may require to meet its minimum obligation under applicable tax laws... or regulations, and if the Grantee Employee fails to do so (or if the Grantee Employee instructs the Company to withhold cash or stock to meet such obligation), the Company shall withhold from any cash or stock remuneration (including withholding any shares of the Common Stock distributable to the Grantee Employee under this Agreement) then or thereafter payable to the Grantee Employee, any tax required to be withheld by reason of such resulting compensation income or wages. The Company is making no representation or warranty as to the tax consequences to the Grantee Employee as a result of the receipt of the Restricted Stock Units, the treatment of dividend equivalents, the lapse of any Forfeiture Restrictions, or the forfeiture of any Restricted Stock Units pursuant to the Forfeiture Restrictions. View More
Withholding of Taxes. To the extent that the receipt of the Restricted Stock Units (or any dividend equivalents related thereto) or the lapse of any Forfeiture Restrictions results in compensation income or wages to the Grantee Employee for federal, state, or local tax purposes, the Grantee Employee shall deliver to the Company at the time of such receipt or lapse, as the case may be, such amount of money as the Company may require to meet its minimum obligation under applicable tax laws or regulations, and if the Gr...antee Employee fails to do so (or if the Grantee Employee instructs the Company to withhold cash or stock to meet such obligation), the Company shall withhold from any cash or stock remuneration (including withholding any shares of the Common Stock distributable to the Grantee Employee under this Agreement) then or thereafter payable to the Grantee Employee any tax required to be withheld by reason of such resulting compensation income or wages. The Company is making no representation or warranty as to the tax consequences to the Grantee Employee as a result of the receipt of the Restricted Stock Units, the treatment of dividend equivalents, the lapse of any Forfeiture Restrictions, or the forfeiture of any Restricted Stock Units pursuant to the Forfeiture Restrictions. View More
