Withholding of Taxes Contract Clauses (1,169)

Grouped Into 67 Collections of Similar Clauses From Business Contracts

This page contains Withholding of Taxes clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Withholding of Taxes. 4 a.The Company shall have the right to deduct from any payment to be made pursuant to this Agreement and the Plan, or to otherwise require, prior to the issuance, vesting, or settlement of any Restricted Stock Units, payment by the Participant of, any federal, state or local taxes required by law to be withheld, in accordance with Section 18.10 of the Plan. b.To the extent that the Restricted Stock Units are settled in Shares, except as otherwise agreed in writing by the Participant and the Com...pany or determined pursuant to the establishment by the Plan Administrator of an alternate procedure, (i) if the Participant, at the time of issuance, vesting or settlement, is an executive officer of the Company or an individual subject to Rule 16b-3, tax withholding obligations shall be effectuated by the Company withholding a number of Shares otherwise payable upon the settlement of the Restricted Stock Units (any such shares valued at Fair Market Value on the applicable date), subject to Section 18.10 of the Plan and applicable law, and (ii) if the Participant, at the time of issuance, vesting or settlement, is not an executive officer of the Company or an individual subject to Rule 16b-3, required withholding shall be implemented through the Participant executing a "sell to cover" transaction through a broker designated or approved by the Company with, in each case, the amount required to satisfy any amounts of tax referred to in Section 6(a). c.To the extent permitted under Code Section 409A, the Company shall have the right, in its sole discretion, to accelerate the vesting and settlement of any portion of the Restricted Stock Units in its sole discretion in order to pay any income and/or employment taxes required in respect of the Restricted Stock Units prior to settlement (provided that the Participant shall have no discretion, and may not be given a direct or indirect election, with respect to whether the Company exercises such discretion to accelerate).7.Provisions of Plan Control. This Agreement is subject to all the terms, conditions and provisions of the Plan, including, without limitation, the amendment provisions thereof, and to such rules, regulations and interpretations relating to the Plan as may be adopted by the Plan Administrator and as may be in effect from time to time. The Plan is incorporated herein by reference. If and to the extent that any provision of this Agreement conflicts or is inconsistent with the terms set forth in the Plan, the Plan shall control, and this Agreement shall be deemed to be modified accordingly. View More
Withholding of Taxes. 4 a.The (a)The Company shall have the right to deduct from any payment to be made pursuant to this Agreement and the Plan, or to otherwise require, prior to the issuance, vesting, or settlement of any Restricted Stock Units, payment by the Participant of, any federal, state or local taxes required by law to be withheld, in accordance with Section 18.10 of the Plan. b.To (b)To the extent that the Restricted Stock Units are settled in Shares, except as otherwise agreed in writing by the Participan...t and the Company or determined pursuant to the establishment by the Plan Administrator of an alternate procedure, (i) if the Participant, at the time of issuance, vesting or settlement, is an executive officer of the Company or an individual subject to Rule 16b-3, tax withholding obligations shall be effectuated by the Company withholding a number of Shares otherwise payable upon the settlement of the Restricted Stock Units (any such shares valued at Fair Market Value on the applicable date), subject to Section 18.10 of the Plan and applicable law, and (ii) if the Participant, at the time of issuance, vesting or settlement, is not an executive officer of the Company or an individual subject to Rule 16b-3, required withholding shall be implemented through the Participant executing a "sell to cover" transaction through a broker designated or approved by the Company with, in each case, the amount required to satisfy any amounts of tax referred to in Section 6(a). c.To (c)To the extent permitted under Code Section 409A, the Company shall have the right, in its sole discretion, to accelerate the vesting and settlement of any portion of the Restricted Stock Units in its sole discretion in order to pay any income and/or employment taxes required in respect of the Restricted Stock Units prior to settlement (provided that the Participant shall have no discretion, and may not be given a direct or indirect election, with respect to whether the Company exercises such discretion to accelerate).7.Provisions of Plan Control. This Agreement is subject to all the terms, conditions and provisions of the Plan, including, without limitation, the amendment provisions thereof, and to such rules, regulations and interpretations relating to the Plan as may be adopted by the Plan Administrator and as may be in effect from time to time. The Plan is incorporated herein by reference. If and to the extent that any provision of this Agreement conflicts or is inconsistent with the terms set forth in the Plan, the Plan shall control, and this Agreement shall be deemed to be modified accordingly. accelerate). View More
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Withholding of Taxes. The Grantee must make appropriate arrangements for the payment of any taxes relating to the Restricted Shares granted hereunder. The Company is authorized to withhold from any payment relating to the Restricted Shares, including from a distribution of Shares or any payroll or other payment to the Grantee, amounts of withholding and other taxes due in connection with the Restricted Shares, and to take such other action as the Committee may deem advisable to enable the Company and the Grantee to s...atisfy obligations for the payment of withholding taxes and other tax obligations relating to the Restricted Shares. This authority shall include the ability to withhold or receive Shares or other property and to make cash payments in respect thereof in satisfaction of the Grantee's tax obligations and to require the Grantee to enter into elections in respect of taxes. Withholding of taxes in the form of Shares shall not occur at a rate that exceeds the minimum required statutory federal and state withholding rates. If the Grantee is subject to the reporting requirements of Section 16 of the Exchange Act, the Grantee shall have the right to pay all or a portion of any withholding or other taxes due in connection with the Restricted Shares by directing the Company to withhold Shares that would otherwise be received in connection with the Restricted Shares up to the minimum required withholding amount. View More
Withholding of Taxes. The Grantee must make appropriate arrangements for the payment of any taxes relating to the Restricted Shares RSUs granted hereunder. The Company is authorized to withhold from any payment relating to the Restricted Shares, RSUs, including from a distribution of Shares or any payroll or other payment to the Grantee, amounts of withholding and other taxes due in connection with the Restricted Shares, RSUs, and to take such other action as the Committee may deem advisable to enable the Company and... the Grantee to satisfy obligations for the payment of withholding taxes and other tax obligations relating to the Restricted Shares. RSUs. This authority shall include the ability to withhold or receive Shares or other property and to make cash payments in respect thereof in satisfaction of the Grantee's tax obligations and to require the Grantee to enter into elections in respect of taxes. Withholding of taxes in the form of Shares shall not occur at a rate that exceeds the minimum required statutory federal and state withholding rates. If the Grantee is subject to the reporting requirements of Section 16 of the Exchange Act, the Grantee shall have the right to pay all or a portion of any withholding or other taxes due in connection with the Restricted Shares RSUs by directing the Company to withhold Shares that would otherwise be received in connection with the Restricted Shares RSUs up to the minimum required withholding amount. View More
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Withholding of Taxes. The Recipient acknowledges that the Recipient (and not the Company) shall be responsible for any tax liability that may arise as a result of the grant, vesting and settlement of this Award of Restricted Share Units. The Recipient shall remit to the Company a cash amount sufficient to satisfy, in whole or in part, any federal, state and local withholding tax requirements arising in connection herewith prior to the delivery of any Shares. The Committee may, in its sole discretion, (a) require or a...llow the Recipient to satisfy, in whole or in part, any such withholding tax requirements by having the Company, upon any delivery of Shares pursuant to this Agreement (or an applicable election form executed by the Recipient pursuant to Section 7 of this Agreement), withhold from such Shares that number of full Shares having a Fair Market Value (determined as of the date such Shares are issued to the Recipient pursuant to this Agreement or applicable election form) equal to the amount or portion of the amount required or permitted to be withheld; or (b) satisfy such withholding requirements through another lawful method, including satisfying such obligation from wages or other amounts payable to the Recipient as may be allowed by law. View More
Withholding of Taxes. The Recipient acknowledges that the Recipient (and not the Company) shall be responsible for any tax liability that may arise as a result of this RSU Award and the grant, vesting and settlement issuance of this Award shares of Restricted Share Units. Common Stock in connection therewith. The Recipient shall remit to the Company a cash amount sufficient to satisfy, in whole or in part, any federal, state and local withholding tax requirements arising in connection herewith prior to the delivery o...f any Shares. certificate for the shares of Common Stock. The Committee may, in its sole discretion, (a) require or allow the Recipient to satisfy, in whole or in part, any such withholding tax requirements by having the Company, upon any delivery of Shares shares of Common Stock pursuant to this Agreement (or an applicable election form executed by the Recipient pursuant to Section 7 5 of this Agreement), withhold from such Shares shares of Common Stock that number of full Shares shares of Common Stock having a Fair Market Value (determined as of the date such Shares are Common Stock is issued to the Recipient pursuant to this Agreement or applicable election form) equal to the amount or portion of the amount required or permitted to be withheld; or (b) satisfy such withholding requirements through another lawful method, including satisfying such obligation from wages or other amounts payable to the Recipient as may be allowed by law. method. View More
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Withholding of Taxes. Bonus payments will be subject to income and employment tax withholdings as required by applicable law.
Withholding of Taxes. Bonus payments Bonuses will be subject to income and employment tax withholdings withholding as required by applicable law.
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Withholding of Taxes. To the extent that the receipt of Units, cash or Common Stock results in income to Employee for federal or state income tax purposes, Employee shall pay the applicable withholding tax, which may be paid by any method permitted under the Plan.
Withholding of Taxes. To the extent that the receipt of Units, cash Units or Common Stock compensation upon the vesting thereof, or the lapse of any restrictions thereon, results in income to Employee for federal or state income tax purposes, Employee shall pay the applicable withholding tax, which may be paid by any method permitted under the Plan.
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Withholding of Taxes. If the grant, vesting or payment of a Profits Interest results in the receipt of compensation by you with respect to which the General Partner or an Affiliate (as defined in the Plan) has a tax withholding obligation pursuant to applicable law, the General Partner or an Affiliate shall withhold (or net) such cash and number of Class B Units otherwise payable to you as the General Partner or an Affiliate requires to meet its tax withholding obligations under such applicable laws.
Withholding of Taxes. If the grant, vesting or payment of a Profits Interest Phantom Performance Unit or DERs results in the receipt of compensation by you with respect to which the General Partner or an Affiliate (as defined in the Plan) has a tax withholding obligation pursuant to applicable law, the General Partner or an Affiliate shall withhold (or net) such cash and number of Class B unrestricted Units otherwise payable to you as the General Partner or an Affiliate requires to meet its tax minimum statutory with...holding obligations under such applicable laws. View More
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Withholding of Taxes. As a condition to the issuance of Shares in respect of any exercise of the Option or any other issuance or payment to the Optionee hereunder, the Optionee shall pay to the Company (and the Company shall have the right to deduct from any distribution of cash to the Optionee) the minimum amount necessary to satisfy Federal, state, local and foreign withholding tax requirements, if any ("Withholding Taxes") with respect to such exercise, issuance or payment. 12. Optionee bound by the Plan. The Opti...onee hereby acknowledges receipt of a copy of the Plan and agrees to be bound by all the terms and provisions thereof. View More
Withholding of Taxes. As a condition to the issuance of Shares in respect of any exercise of the Option or any other issuance or payment to the Optionee hereunder, the Optionee shall pay to the Company (and the Company shall have the right to deduct from any distribution of cash to the Optionee) the minimum amount necessary to satisfy Federal, state, local and foreign withholding tax requirements, if any ("Withholding Taxes") with respect to such exercise, issuance or payment. 12. Optionee bound by the Plan. The Opti...onee hereby acknowledges receipt of a copy of the Plan and agrees to be bound by all the terms and provisions thereof. View More
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Withholding of Taxes. The Company's obligation to deliver the shares of Common Stock, or, if applicable, cash, upon vesting of the Award is subject to the Participant's satisfaction of any applicable federal, state and local income and employment tax and withholding requirements in a manner and form satisfactory to the Company. The Company, to the extent applicable law permits, may allow the Participant to pay such withholding amounts (i) by surrendering (actually or by attestation) shares of Common Stock that the Pa...rticipant already owns (but only for the minimum required withholding), (ii) by means of a "net withholding" procedure, (iii) by such other medium of payment as the Company in its discretion shall authorize or (iv) by any combination of the allowable methods of payment set forth herein. View More
Withholding of Taxes. The Company's obligation to deliver the shares of Common Stock, or, if applicable, cash, Shares upon vesting of the Award is subject to the Participant's satisfaction of any applicable federal, state and local income and employment tax and withholding requirements in a manner and form satisfactory to the Company. The Company, to the extent applicable law permits, may allow the Participant to pay such withholding amounts (i) by surrendering (actually or by attestation) shares of Common Stock that... the Participant already owns (but only for the minimum required withholding), (ii) by a cashless exercise through a broker, (iii) by means of a "net withholding" procedure, (iii) exercise" procedure or (iv) by such other medium of payment as the Company in its discretion shall authorize or (iv) by any combination of the allowable methods of payment set forth herein. authorize. View More
Withholding of Taxes. The Company's obligation to deliver the shares of Common Stock, or, if applicable, cash, Shares upon vesting of the Award is subject to the Participant's satisfaction of any applicable federal, state and local income and employment tax and withholding requirements in a manner and form satisfactory to the Company. The Company, to the extent applicable law permits, may allow the Participant to pay such withholding amounts (i) by surrendering (actually or by attestation) shares of Common Stock that... the Participant already owns (but only for the minimum required withholding), (ii) by a cashless exercise through a broker, (iii) by means of a "net withholding" procedure, (iii) exercise" procedure or (iv) by such other medium of payment as the Company in its discretion shall authorize or (iv) by any combination of the allowable methods of payment set forth herein. authorize. View More
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Withholding of Taxes. To the extent that the granting of the Shares or the lapse of restrictions applicable to such Shares results in compensation income to the Director for federal or state income tax purposes for which the Company has a withholding obligation, the Director shall pay to the Company (in cash or to the extent permitted by the Committee, shares of Common Stock held by the Director whose value is equal to the amount of the Director's tax withholding liability as determined by the Committee) any federal,... state or local taxes of any kind required by law to be withheld, if any, with respect to the Shares. The Company, to the extent permitted by law, has the right to deduct from any payment of any kind otherwise due to the Director from the Company any federal, state or local taxes of any kind required by law to be withheld with respect to the Shares. The Company is further authorized in its discretion to satisfy any such withholding requirement out of shares of Restricted Stock of the Director held by the Company. View More
Withholding of Taxes. To the extent that the granting of the Shares or the lapse of restrictions applicable to such Shares results in compensation income to the Director Employee for federal or state income tax purposes for which purposes, the Company has a withholding obligation, the Director Employee shall pay to the Company (in cash or to the extent permitted by the Committee, shares of Common Stock held by the Director Employee whose value is equal to the amount of the Director's Employee's tax withholding liabil...ity as determined by the Committee) any federal, state or local taxes of any kind required by law to be withheld, if any, with respect to the Shares. The Company, to the extent permitted by law, has the right to deduct from any payment of any kind otherwise due to the Director Employee from the Company any federal, state or local taxes of any kind required by law to be withheld with respect to the Shares. The Company is further authorized in its discretion to satisfy any such withholding requirement out of shares of Restricted Stock of the Director Employee held by the Company. View More
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Withholding of Taxes. To the extent that the receipt or vesting of Restricted Stock (or any payment with respect to related dividends or distributions) results in the receipt of compensation by you with respect to which the Company or a Subsidiary has a tax withholding obligation pursuant to applicable law, unless you elect to pay the amount of such obligations to the Company in cash, the Company or such Subsidiary shall withhold (or "net") such number of Shares otherwise payable to you as the Company or the Subsidia...ry may require to meet its withholding obligations under such applicable law; provided, that, the number of shares of Common Stock withheld shall be limited to the number of shares of Common Stock having an aggregate Fair Market Value on the date of withholding equal to the aggregate amount of tax withholding obligations determined based on the applicable minimum statutory tax withholding requirements (or, in the discretion of the Committee, the Fair Market Value of such shares of Common Stock may exceed the minimum statutory withholding requirement but may not be greater than the maximum statutory withholding requirement; provided that the exercise of such discretion by the Committee would not cause an Award otherwise classified as an equity award under ASC Topic 718 to be classified as a liability award under ASC Topic 718). Notwithstanding the foregoing, to the extent any cash payments are made to you under this Agreement, tax withholding obligations related thereto will be withheld from such payments. No delivery of Shares or other payment shall be made pursuant to this Agreement until you have paid or made arrangements approved by the Company or the Subsidiary to satisfy in full the applicable tax withholding requirements of the Company or Subsidiary. View More
Withholding of Taxes. To the extent that the receipt or vesting of Restricted the shares of Common Stock (or any payment with respect to related dividends or distributions) results in the receipt of compensation by you with respect to which the Company or a Subsidiary has a tax withholding obligation pursuant to applicable law, unless you elect to pay the amount of such obligations to the Company in cash, the Company or such Subsidiary shall withhold (or "net") and cancel from the number of shares of Common Stock awa...rded to you such number of Shares otherwise payable shares of Common Stock necessary to you as satisfy the tax required to be withheld by the Company or the Subsidiary may require to meet its withholding obligations under such applicable law; Subsidiary; provided, that, the number of shares of Common Stock withheld shall be limited to the number of shares of Common Stock having an aggregate Fair Market Value on the date of withholding equal to the aggregate amount of tax withholding obligations determined based on the applicable minimum statutory tax withholding requirements (or, in the discretion of the Committee, the Fair Market Value of such shares of Common Stock may exceed the minimum statutory withholding requirement but may not be greater than the maximum statutory withholding requirement; provided that the exercise of such discretion by the Committee would not cause an Award otherwise classified as an equity award under ASC Topic 718 to be classified as a liability award under ASC Topic 718). Notwithstanding the foregoing, to the extent any cash payments are made to you under this Agreement, tax withholding obligations related thereto will be withheld from such payments. No delivery of Shares or other payment shall be made pursuant to this Agreement until you have paid or made arrangements approved by the Company or the Subsidiary to satisfy in full the applicable tax withholding requirements of the Company or Subsidiary. View More
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