Withholding Taxes Clause Example with 4 Variations from Business Contracts

Withholding Taxes. The Company or any of its subsidiaries shall have the right to retain and withhold the amount of taxes (at the statutorily required rates) required by any government to be withheld or otherwise deducted and paid with respect to the Award Shares. Shares, provided that the Company or a subsidiary shall withhold only the minimum amount necessary to satisfy applicable statutory withholding requirements unless the Participant has elected to have an additional amount (up to the maximum allowed by law)... withheld. At its discretion, the Committee may require the Participant to reimburse the Company for any such taxes required to be withheld by the Company and may to withhold any distribution in whole or in part until the Company is so reimbursed. The In accordance with procedures established by the Committee, the Participant or any successor in interest may elect is authorized to have the Company retain and withhold a number of Shares deliver shares of Stock having a Fair Market Value (on on the date that the amount of tax to be withheld is to be determined) not less than the amount of such taxes, determined and cancel any such Shares shares so withheld, delivered in order to reimburse satisfy the Company for any such taxes. Company's withholding obligations. In accordance with procedures established by the event Committee, the Participant does not or any successor in interest is also authorized to elect to have the Company retain and withhold Shares shares of vesting Stock having a Fair Market Value on the date that the amount of tax to be withheld is to be determined and cancel any such shares so withheld in order to satisfy the Company's withholding obligations. In the event the Participant does not deliver or elect to have the Company retain and withhold shares of Stock as described in the preceding sentence, this Section 8, the Company shall have the right to withhold from any other cash amounts due to or to become due from the Company or a subsidiary to the Participant an amount equal to such taxes required to be withheld by the Company to reimburse the Company for any such taxes. An election to have the Company retain and withhold Shares of Stock will be communicated in advance in a writing acceptable to the Chairman of the Committee. View More

Withholding Taxes. The Company shall have the right to retain and withhold the amount of taxes (at the statutorily required rates) required by any government to be withheld or otherwise deducted and paid 3 with respect to the Award Shares. At its discretion, the Committee may require the Participant to reimburse the Company for any such taxes required to be withheld by the Company and may to withhold any distribution in whole or in part until the Company is so reimbursed. The In accordance with procedures establis...hed by the Committee, the Participant or any successor in interest may elect is authorized to have the Company retain and withhold a number deliver shares of Shares of Common Stock having a Fair Market Value (on on the date that the amount of tax to be withheld is to be determined) not less than the amount of such taxes, determined and cancel any such Shares shares so withheld, delivered in order to reimburse satisfy the Company for any such taxes. Company's withholding obligations. In accordance with procedures established by the event Committee, the Participant does not or any successor in interest is also authorized to elect to have the Company retain and withhold Shares shares of Vesting Common Stock having a Fair Market Value on the date that the amount of tax to be withheld is to be determined and cancel any such shares so withheld in order to satisfy the Company's withholding obligations. In the event the Participant does not deliver or elect to have the Company retain and withhold shares of Common Stock as described in the preceding sentence, this Section 8, the Company shall have the right to withhold from any other cash amounts due to or to become due from the Company or a subsidiary to the Participant an amount equal to such taxes required to be withheld by the Company to reimburse the Company for any such taxes. An election to have the Company retain and withhold Shares of Stock will be communicated in advance in a writing acceptable to the Chairman of the Committee. View More

Withholding Taxes. The Company shall have the right to retain and withhold the amount of taxes (at the statutorily required rates) required by any government to be withheld or otherwise deducted and paid with respect to the Award Shares. At its discretion, the Committee may require the Participant to reimburse the Company for any such taxes required to be withheld by the Company and may to withhold any distribution in whole or in part until the Company is so reimbursed. The In accordance with procedures establishe...d by the Committee, the Participant or any successor in interest may elect is authorized to have the Company retain and withhold a number deliver shares of Shares of Common Stock having a Fair Market Value (on on the date that the amount of tax to be withheld is to be determined) not less than the amount of such taxes, determined and cancel any such Shares shares so withheld, delivered in order to reimburse satisfy the Company for any such taxes. Company's withholding obligations. In accordance with procedures established by the event Committee, the Participant does not or any successor in interest is also authorized to elect to have the Company retain and withhold Shares shares of Vesting Common Stock having a Fair Market Value on the date that the amount of tax to be withheld is to be determined and cancel any such shares so withheld in order to satisfy the Company's withholding obligations. In the event the Participant does not deliver or elect to have the Company retain and withhold shares of Common Stock as described in the preceding sentence, this Section 8, the Company shall have the right to withhold from any other cash amounts due to or to become due from the Company or a subsidiary to the Participant an amount equal to such taxes required to be withheld by the Company to reimburse the Company for any such taxes. An election to have the Company retain and withhold Shares of Stock will be communicated in advance in a writing acceptable to the Chairman of the Committee. View More

Withholding Taxes. The Company shall have the right to retain and withhold the amount of taxes (at the statutorily required rates) required by any government to be withheld or otherwise deducted and paid with respect to the Award Shares. At its discretion, the Committee may require the Participant to reimburse the Company for any such taxes required to be withheld by the Company and may withhold any distribution in whole or in part until the Company is so reimbursed. The Participant or any successor in interest ma...y elect to deliver shares of Common Stock in satisfaction of such withholding obligations, or to have the Company retain and withhold a number of Vested Award Shares of Stock having a Fair Market Value (on market value on the date that the amount of tax to be withheld is to be determined) delivery or withholding not less than the amount of such taxes, taxes and cancel any such Shares shares so withheld, withheld in order to reimburse the Company for any such taxes. In the event the Participant does not elect to deliver shares of Common Stock or have the Company retain and withhold Vested Award Shares of Stock as described in the preceding sentence, the Company shall have the right to withhold from any other cash amounts due to or to become due from the Company or any of its Subsidiaries to the Participant an amount equal to such taxes required to be withheld by the Company to reimburse the Company for any such taxes. An election to have the Company retain and withhold Shares of Stock will be communicated in advance in a writing acceptable to the Chairman of the Committee. View More