Withholding of Taxes Clause Example with 22 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. All Grants under the Plan shall be subject to applicable federal (including FICA), state and local tax withholding requirements. The Company may require that the Participant or other person receiving or exercising Grants pay to the Company the amount of any federal, state or local taxes that the Company is required to withhold with respect to such Grants, or the Company may deduct from other wages paid by the Company the amount of any withholding taxes due with respect to such Grants. (b) Electi...on to Withhold Shares. If the Committee so permits, a Participant may elect to satisfy the Company's tax withholding obligation with respect to Grants paid in Company Stock by having shares withheld, at the time such Grants become taxable, up to an amount that does not exceed the minimum applicable withholding tax rate for federal (including FICA), state and local tax liabilities. The election must be in a form and manner prescribed by the Committee. View More
Found in Investment Technology Group, Inc. contract

Variations of a "Withholding of Taxes" Clause from Business Contracts

Withholding of Taxes. All Grants under the Plan shall be subject to applicable federal (including FICA), state and local tax withholding requirements. The Company may require that the Participant or other person receiving or exercising Grants pay to the Company the amount of any federal, state or local taxes that the Company is required to withhold with respect to such Grants, or the Company may deduct from other wages paid by the Company the amount of any withholding taxes due with respect to such Grants. 12 (b) Ele...ction to Withhold Shares. If the Committee so permits, a Participant shares of Company Stock may elect be withheld to satisfy the Company's tax withholding obligation with respect to Grants paid in Company Stock by having shares withheld, Stock, at the time such Grants become taxable, up to an amount that does not exceed the minimum maximum applicable withholding tax rate for federal (including FICA), state and local tax liabilities. The election must liabilities, that may be in a form and manner prescribed utilized without creating adverse accounting treatment for the Company with respect to such award, as determined by the Committee. View More
Found in IE PubCo Inc. contract
Withholding of Taxes. a. Required Withholding. All Grants under the Plan shall be subject to applicable federal (including FICA), state and local tax withholding requirements. The In the case of Options, the Company may require that the Participant Grantee or other person receiving or exercising Grants pay to the Company the amount of any federal, state or local taxes that the Company is required to withhold with respect to such Grants, or the Company may deduct from other wages paid by the Company the amount of any ...withholding taxes due with respect to such Grants. (b) b. Election to Withhold Shares. If the Committee so permits, a Participant Grantee may elect to satisfy the Company's income tax withholding obligation with respect to Grants paid in Company Stock Options by having shares withheld, at the time such Grants become taxable, withheld up to an amount that does not exceed the Grantee's minimum applicable withholding tax rate for federal (including FICA), state and local tax liabilities. The election must be in a form and manner prescribed by the Committee and may be subject to the prior approval of the Committee. View More
Found in Bright Mountain Media, Inc. contract