Withholding of Taxes Clause Example from Business Contracts

This example Withholding of Taxes clause appears in 4 contracts from 2 companies

Withholding of Taxes. (a) Required Withholding. All Grants under this Plan shall be subject to applicable federal (including FICA), state and local tax withholding requirements. The Employer may require that the Grantee or other person receiving or exercising Grants pay to the Employer the amount of any federal, state or local taxes that the Employer is required to withhold with respect to such Grants, or the Employer may deduct from other wages paid by the Employer the amount of any withholding taxes due with respec...t to such Grants. (b) Election to Withhold Shares. If the Board so permits, a Grantee may elect to satisfy the Employer's tax withholding obligation with respect to Grants paid in Company Stock by having shares 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 Board and may be subject to the prior approval of the Board. View More
Found in Annovis Bio, Inc. contract
MARINUS PHARMACEUTICALS INC Contracts

Marinus Pharmaceuticals, Inc. 2014 Equity Incentive Plan, as amended, effective as of May 7, 2019 (Filed With SEC on August 8, 2019)

MARINUS PHARMACEUTICALS, INC. 2014 EQUITY INCENTIVE PLAN (Filed With SEC on September 12, 2014)

MARINUS PHARMACEUTICALS, INC. 2014 EQUITY INCENTIVE PLAN (Filed With SEC on March 12, 2015)

Annovis Bio, Inc. Contracts

Form of Annovis Bio, Inc., 2019 Equity Incentive Plan, to be in effect upon completion of this offering (Filed With SEC on August 8, 2019)