Withholding Taxes Clause Example with 10 Variations from Business Contracts
This page contains Withholding 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 Taxes. The Grantee shall pay to the Company an amount sufficient to satisfy all minimum Federal, state and local withholding tax requirements prior to the delivery of any vested shares of Common Stock covered by the Award. The Company in its sole discretion may permit the payment of additional withholding taxes up to the maximum statutory rate. Payment of such taxes may be made by one or more of the following methods: (a) in cash, (b) in cash received from a broker-dealer to whom the Grantee has submit...ted a notice and irrevocable instructions to deliver to the Company proceeds from the sale of a portion of the shares subject to the Award, (c) by delivery to the Company of other Common Stock owned by the Grantee that is acceptable to the Company, valued at its then Fair Market Value, and/or (d) by directing the Company to withhold such number of shares of Common Stock otherwise issuable in connection with the Award with a Fair Market Value equal to the amount of tax to be withheld.View More
Variations of a "Withholding Taxes" Clause from Business Contracts
Withholding Taxes. The Company shall withhold from any payment made to the Grantee in cash an amount sufficient to satisfy all minimum Federal, state and local withholding tax requirements. In the case of a payment made in shares of Common Stock, the Grantee shall pay to the Company an amount sufficient to satisfy all minimum Federal, state and local withholding tax requirements prior to the delivery of any vested shares of Common Stock covered by the Award. The Company in its sole discretion may permit the paymen...t of additional withholding taxes up to the maximum statutory rate. Stock. Payment of such taxes may be made by one or more of the following methods: (a) (i) in cash, (b) (ii) in cash received from a broker-dealer to whom the Grantee has submitted a notice and irrevocable instructions to deliver the amount of withholding tax to the Company from the proceeds from of the sale of a portion shares of the shares Common Stock subject to the Award, (c) (iii) by directing the Company to withhold a number of shares of Common Stock otherwise issuable pursuant to the Award with a Fair Market Value equal to the tax required to be withheld, (iv) by delivery to the Company of other shares of Common Stock owned by the Grantee that is acceptable to the Company, valued at its then Fair Market Value, and/or (d) Value on the date of payment, or by directing the Company certifying to withhold ownership by attestation of such number of previously owned shares of Common Stock otherwise issuable in connection Stock, or (v) any combination of the foregoing. 5 RETENTION GRANT FEBRUARY 2019 8. Rights as Stockholder. Grantee shall not be entitled to any of the rights of a stockholder of the Company with respect to the Award, including the right to vote and to receive dividends and other distributions, until and to the extent the Award with a Fair Market Value equal to the amount is settled in shares of tax to be withheld. Common Stock. View More
Withholding Taxes. The Company shall withhold from any payment made to the Grantee in cash an amount sufficient to satisfy all minimum Federal, state and local withholding tax requirements. In the case of a payment made in shares of Common Stock, the Grantee shall pay to the Company an amount sufficient to satisfy all minimum Federal, state and local withholding tax requirements prior to the delivery of any vested shares of Common Stock covered by the Award. The Company in its sole discretion may permit the paymen...t of additional withholding taxes up to the maximum statutory rate. Stock. Payment of such taxes may be made by one or more of the following methods: (a) (i) in cash, (b) (ii) in cash received from a broker-dealer to whom the Grantee has submitted a notice and irrevocable instructions to deliver the amount of withholding tax to the Company from the proceeds from of the sale of a portion shares of the shares Common Stock subject to the Award, (c) (iii) by directing the Company to withhold a number of shares of Common Stock otherwise issuable pursuant to the Award with a Fair Market Value equal to the tax required to be withheld, (iv) by delivery to the Company of other shares of Common Stock owned by the Grantee that is acceptable to the Company, valued at its then Fair Market Value, and/or (d) Value on the date of payment, or by directing the Company certifying to withhold ownership by attestation of such number of previously owned shares of Common Stock otherwise issuable in connection Stock, or (v) any combination of the foregoing. 5 RETENTION GRANT MANAGEMENT COMMITTEE - MAY 2018 8. Rights as Stockholder. Grantee shall not be entitled to any of the rights of a stockholder of the Company with respect to the Award, including the right to vote and to receive dividends and other distributions, until and to the extent the Award with a Fair Market Value equal to the amount is settled in shares of tax to be withheld. Common Stock. View More
Withholding Taxes. The Company shall withhold from any payment made to the Grantee in cash an amount sufficient to satisfy all minimum Federal, state and local withholding tax requirements. In the case of a payment made in shares of Common Stock, the Grantee shall pay to the Company an amount sufficient to satisfy all minimum Federal, state and local withholding tax requirements prior to the delivery of any vested shares of Common Stock covered by the Award. The Company in its sole discretion may permit the paymen...t of additional withholding taxes up to the maximum statutory rate. shares. Payment of such taxes may be made by one or more of the following methods: (a) (i) in cash, (b) (ii) in cash received from a broker-dealer to whom the Grantee has submitted a notice and irrevocable instructions to deliver the amount of withholding tax to the Company from the proceeds from of the sale of a portion of the shares subject to the Award, (c) (iii) by directing the Company to withhold a number of shares otherwise issuable pursuant to the Award with a Fair Market Value equal to the tax required to be withheld, (iv) by delivery to the -4- Company of other Common Stock owned by the Grantee that is acceptable to the Company, valued at its then Fair Market Value, and/or (d) by directing the Company to withhold such number of shares of Common Stock otherwise issuable in connection with the Award with a Fair Market Value equal on the date of payment, or by certifying to ownership by attestation of such previously owned Common Stock, or (v) any combination of the amount of tax to be withheld. foregoing. View More
Withholding Taxes. The Company shall withhold from any payment made to the Grantee in cash an amount sufficient to satisfy all Federal, state and local withholding tax requirements. In the case of a payment made in shares of Common Stock, the Grantee shall pay to the Company an amount sufficient to satisfy all minimum Federal, state and local withholding tax requirements prior to the delivery of any vested shares of Common Stock covered by the Award. The Company in its sole discretion may permit the payment of add...itional withholding taxes up to the maximum statutory rate. shares. Payment of such taxes may be made by one or more of the following methods: (a) (i) in cash, (b) (ii) in cash received from a broker-dealer to whom the Grantee has submitted a notice and irrevocable instructions to deliver the amount of withholding tax to the Company from the proceeds from of the sale of a portion of the shares subject to the Award, (c) (iii) by directing the Company to withhold a number of shares otherwise issuable pursuant to the Award with a Fair Market Value equal to the tax required to be withheld, (iv) by delivery to the Company of other Common Stock owned by the Grantee that is acceptable to the Company, valued at its then Fair Market Value, and/or (d) by directing the Company to withhold such number of shares of Common Stock otherwise issuable in connection with the Award with a Fair Market Value equal on the date of payment, or by certifying to ownership by attestation of such previously owned Common Stock, or (v) any combination of the amount of tax to be withheld. foregoing. View More
Withholding Taxes. The Company shall withhold from any payment made to the Grantee in cash an amount sufficient to satisfy all minimum Federal, state and local withholding tax requirements. In the case of a payment made in shares of Common Stock, the Grantee shall pay to the Company an amount sufficient to satisfy all minimum Federal, state and local withholding tax requirements prior to the delivery of any vested shares of Common Stock covered by the Award. The Company in its sole discretion may permit the paymen...t of additional withholding taxes up to the maximum statutory rate. shares. Payment of such taxes may be made by one or more of the following methods: (a) (i) in cash, (b) (ii) in cash received from a broker-dealer to whom the Grantee has submitted a notice and irrevocable instructions to deliver the amount of withholding tax to the Company from the proceeds from of the sale of a portion of the shares subject to the Award, (c) (iii) by directing the Company to withhold a number of shares otherwise issuable pursuant to the Award with a Fair Market Value equal to the tax required to be withheld, (iv) by delivery to the Company of other Common Stock owned by the Grantee that is acceptable to the Company, valued at its then Fair Market Value, and/or (d) by directing the Company to withhold such number of shares of Common Stock otherwise issuable in connection with the Award with a Fair Market Value equal on the date of payment, or by certifying to ownership by attestation of such previously owned Common Stock, or (v) any combination of the amount of tax to be withheld. foregoing. View More
Withholding Taxes. The Company shall withhold from any payment made to the Grantee in cash an amount sufficient to satisfy all minimum Federal, state and local withholding tax requirements. In the case of a payment made in shares of Common Stock, the Grantee shall pay to the Company an amount sufficient to satisfy all minimum Federal, state and local withholding tax requirements prior to the delivery of any vested shares of Common Stock covered by the Award. The Company in its sole discretion may permit the paymen...t of additional withholding taxes up to the maximum statutory rate. shares. Payment of such taxes may be made by one or more of the following methods: (a) (i) in cash, (b) (ii) in cash received from a broker-dealer to whom the Grantee has submitted a notice and irrevocable instructions to deliver the amount of withholding tax to the Company from the proceeds from of the sale of a portion of the shares subject to the Award, (c) (iii) by directing the Company to withhold a number of shares otherwise issuable pursuant to the Award with a Fair Market Value equal to the tax required to be withheld, (iv) by delivery to the Company of other Common Stock owned by the Grantee that is acceptable to the Company, valued at its then Fair Market Value, and/or (d) by directing the Company to withhold such number of shares of Common Stock otherwise issuable in connection with the Award with a Fair Market Value equal on the date of payment, or (v) by certifying to the amount ownership by attestation of tax to be withheld. such previously owned Common Stock. View More
Withholding Taxes. The Grantee shall pay to the Company an amount sufficient to satisfy all minimum Federal, state and local withholding tax requirements prior to the delivery of any vested shares of Common Stock covered by the Award. The Company in its sole discretion may permit the payment of additional withholding taxes up to the maximum statutory rate. certificate for shares. Payment of such taxes may be made by one or more of the following methods: (a) in cash, (b) in cash received from a broker-dealer to who...m the Grantee has submitted a notice and irrevocable instructions to deliver the amount of tax to the Company from the proceeds from of the sale of a portion of the shares subject to the Award, (c) by directing the Company to withhold a number of shares otherwise issuable pursuant to the Award with a Fair Market Value equal to the tax required to be withheld, (d) by delivery to the Company of other Common Stock owned by the Grantee that is acceptable to the Company, valued at its then Fair Market Value, and/or (d) by directing the Company to withhold such number of shares of Common Stock otherwise issuable in connection with the Award with a Fair Market Value equal on the date of payment, or (e) by certifying to the amount ownership by attestation of tax to be withheld. such previously owned Common Stock. View More
Withholding Taxes. The Grantee shall pay to the Company an amount sufficient to satisfy all minimum Federal, state and local withholding tax requirements prior to the delivery of any vested shares of Common Stock covered by or cash upon exercise of any vested portion of the Award. SAR. The Company in its sole discretion may permit the payment of additional withholding taxes up to the maximum statutory rate. Payment of such taxes may be made by one or more of the following methods: (a) in cash, (b) in cash received... from a broker-dealer to whom the Grantee has submitted a notice and irrevocable instructions to deliver to the Company proceeds from the sale of a portion of the shares subject to deliverable upon exercise of the Award, SAR, (c) by delivery to the Company of other Common Stock owned by the Grantee that is acceptable to the Company, valued at its then Fair Market Value, and/or (d) by directing the Company to withhold such number of shares of Common Stock otherwise issuable in connection with deliverable upon exercise of the Award SAR with a Fair Market Value equal to the amount of tax to be withheld. Notwithstanding the foregoing, if at the time the SAR is exercised the Plan has not been approved by the Company's stockholders, such taxes shall be withheld from the amount of the cash settlement. View More
Withholding Taxes. The Grantee shall pay to the Company an amount sufficient to satisfy all minimum Federal, state and local withholding tax requirements prior to the delivery of any vested shares of Common Stock or cash upon settlement of any vested RSUs covered by the Award. The Company in its sole discretion may permit the payment of additional withholding taxes up to the maximum statutory rate. Payment of such taxes may be made by one or more of the following methods: (a) in cash, (b) in cash received from a b...roker-dealer to whom the Grantee has submitted a notice and irrevocable instructions to deliver to the Company proceeds from the sale of a portion of the shares subject to deliverable upon settlement of the Award, (c) by delivery to the Company of other Common Stock owned by the Grantee that is acceptable to the Company, valued at its then Fair Market Value, and/or (d) by directing the Company to withhold such number of shares of Common Stock otherwise issuable in connection with deliverable upon settlement of the Award with a Fair Market Value equal to the amount of tax to be withheld. Notwithstanding the foregoing, if at the time the Award is settled the Plan has not been approved by the Company's stockholders, such taxes shall be withheld from the amount of the cash settlement. View More
Withholding Taxes. The Grantee shall pay to the Company an amount sufficient to satisfy all minimum Federal, state and local withholding tax requirements prior to the delivery of any vested shares of Common Stock or cash upon settlement of any vested PSUs covered by the Award. The Company in its sole discretion may permit the payment of additional withholding taxes up to the maximum statutory rate. Payment of such taxes may be made by one or more of the following methods: (a) in cash, (b) in cash received from a b...roker-dealer to whom the Grantee has submitted a notice and irrevocable instructions to deliver to the Company proceeds from the sale of a portion of the shares subject to deliverable upon settlement of the Award, (c) by delivery to the Company of other Common Stock owned by the Grantee that is acceptable to the Company, valued at its then Fair Market Value, and/or (d) by directing the Company to withhold such number of shares of Common Stock otherwise issuable in connection with deliverable upon settlement of the Award with a Fair Market Value equal to the amount of tax to be withheld. View More
