Withholding Taxes Clause Example with 52 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. 13.1. Withholding Generally. Whenever Shares are to be issued in satisfaction of Awards granted under this Plan or the applicable tax event occurs, the Company may require the Participant to remit to the Company, or to the Parent or Subsidiary employing the Participant, an amount sufficient to satisfy applicable U.S. federal, state, local and international withholding tax requirements or any other tax liability legally due from the Participant prior to the delivery of Shares pursuant to exercise... or settlement of any Award. Whenever payments in satisfaction of Awards granted under this Plan are to be made in cash, such payment will be net of an amount sufficient to satisfy applicable U.S. federal, state, local and international withholding tax requirements or any other tax liability legally due from the Participant. The Fair Market Value of the Shares will be determined as of the date that the taxes are required to be withheld and such Shares will be valued based on the value of the actual trade or, if there is none, the Fair Market Value of the Shares as of the previous trading day. 13.2. Stock Withholding. The Committee, or its delegate(s), as permitted by applicable law, in its sole discretion and pursuant to such procedures as it may specify from time to time and to limitations of local law, may require or permit a Participant to satisfy such tax withholding obligation or any other tax liability legally due from the Participant, in whole or in part by (without limitation) (a) paying cash, (b) electing to have the Company withhold otherwise deliverable cash or Shares having a Fair Market Value equal to the minimum statutory amount required to be withheld, (c) delivering to the Company already-owned Shares having a Fair Market Value equal to the minimum amount required to be withheld or (d) withholding from proceeds of the sale of otherwise deliverable Shares acquired pursuant to an Award either through a voluntary sale or through a mandatory sale arranged by the Company. The Fair Market Value of the Shares to be withheld or delivered will be determined as of the date that the taxes are required to be withheld.View More
Variations of a "Withholding Taxes" Clause from Business Contracts
Withholding Taxes. 13.1. 13.1 Withholding Generally. Whenever Shares are to be issued in satisfaction of Awards granted under this Plan or the applicable tax event occurs, Plan, the Company may require the Participant to remit to the Company, or to the Parent or Subsidiary employing the Participant, Company an amount sufficient to satisfy applicable U.S. federal, state, local and international withholding tax requirements or any other tax liability related to the Participant's participation in the Plan and legally...due from applicable to the Participant prior to the delivery of Shares pursuant to exercise or settlement of any Award. Whenever payments in satisfaction of Awards granted under this Plan are to be made in cash, such payment will be net of an amount sufficient to satisfy applicable U.S. federal, state, local and international withholding tax requirements or any other tax liability legally due from the Participant. The Fair Market Value of the Shares will be determined as of the date that the taxes are required to be withheld and such Shares will be valued based on the value of the actual trade or, if there is none, the Fair Market Value of the Shares as of the previous trading day. 13.2. requirements. 13.2 Stock Withholding. The Committee, or its delegate(s), as permitted by applicable law, in its sole discretion and pursuant to such procedures as it may specify from time to time and to limitations of local law, time, may require or permit a Participant to satisfy such the Participant's tax withholding obligation or any other tax liability legally due from the Participant, liability, in whole or in part by (without limitation) (a) (i) paying cash, (b) (ii) electing to have the Company withhold otherwise deliverable cash or Shares having a Fair Market Value equal to the minimum statutory amount required to be withheld, (c) such liability, (iii) delivering to the Company already-owned Shares having a Fair Market Value equal to the minimum amount required to be withheld such liability, or (d) (iv) withholding from proceeds of the sale of otherwise deliverable Shares acquired pursuant to an Award either through a voluntary sale or through a mandatory sale arranged by the Company. The Company may withhold for such tax liability by considering applicable statutory withholding rates or other applicable withholding rates, including up to the maximum permissible statutory tax rate for the applicable tax jurisdictions, to the extent consistent with applicable laws. The Fair Market Value of the Shares to be withheld or delivered will be determined as of the date that the taxes are required to be withheld. View More
Withholding Taxes. 13.1. 13.1 Withholding Generally. Whenever Shares are to be issued in satisfaction of Awards granted under this Plan or the applicable tax event occurs, the Company may require the Participant to remit to the Company, or to the Parent or Subsidiary employing the Participant, Company an amount sufficient to satisfy applicable U.S. federal, state, local and international withholding tax requirements or any other tax liability related to the Participant's participation in the Plan and legally due f...rom applicable to the Participant prior to the delivery of Shares pursuant to exercise or settlement of any Award. Whenever payments in satisfaction of Awards granted under this Plan are to be made in cash, such payment will be net of an amount sufficient to satisfy applicable U.S. federal, state, local and international withholding tax requirements or any other tax liability legally due from the Participant. The Fair Market Value of the Shares will be determined as of the date that the taxes are required to be withheld and such Shares will be valued based on the value of the actual trade or, if there is none, the Fair Market Value of the Shares as of the previous trading day. 13.2. requirements. 13.2 Stock Withholding. The Committee, or its delegate(s), as permitted by applicable law, in its sole discretion and pursuant to such procedures as it may specify from time to time and to limitations of local law, time, may require or permit a Participant to satisfy such the Participant's tax withholding obligation or any other tax liability legally due from the Participant, liability, in whole or in part by (without limitation) (a) (i) paying cash, (b) (ii) electing to have the Company withhold otherwise deliverable cash or Shares having a Fair Market Value equal to the minimum statutory amount required to be withheld, (c) such liability, (iii) delivering to the Company already-owned Shares having a Fair Market Value equal to the minimum amount required to be withheld such liability, or (d) (iv) withholding from proceeds of the sale of otherwise deliverable Shares acquired pursuant to an Award either through a voluntary sale or through a mandatory sale arranged by the Company. The Company may withhold for such tax liability by considering applicable statutory withholding rates or other applicable withholding rates, including up to the maximum permissible statutory tax rate for the applicable tax jurisdictions, to the extent consistent with applicable laws. The Fair Market Value of the Shares to be withheld or delivered will be determined as of the date that the taxes are required to be withheld. View More
Withholding Taxes. 13.1. Withholding Generally. Whenever Shares are to be issued in satisfaction of Awards granted under this Plan or the applicable a tax event occurs, the Company may require the Participant to remit to the Company, or to the Parent Parent, Subsidiary, or Subsidiary Affiliate, as applicable, employing the Participant, Participant an amount sufficient to satisfy applicable U.S. federal, state, local local, and international withholding tax requirements income tax, social insurance, payroll tax, fr...inge benefits tax, payment on account or any other tax liability legally due from the Participant (the tax-related items, the "Tax-Related Items") prior to the delivery of Shares pursuant to exercise or settlement of any Award. Whenever payments in satisfaction of Awards granted under this Plan are to be made in cash, such payment will be net of an amount sufficient to satisfy applicable U.S. federal, state, local and international withholding tax requirements or any other tax liability legally due from obligations for Tax-Related Items. Unless otherwise determined by the Participant. The Committee, the Fair Market Value of the Shares will be determined as of the date that the taxes are required to be withheld and such Shares will be valued based on the value of the actual trade or, if there is none, the Fair Market Value of the Shares as of the previous trading day. 11 13.2. Stock Withholding. The Committee, or its delegate(s), as permitted by applicable law, in its sole discretion and pursuant to such procedures as it may specify from time to time and to limitations of local law, may require or permit a Participant to satisfy such tax withholding obligation or any other tax liability Tax Related Items legally due from the Participant, in whole or in part by (without limitation) (a) paying cash, (b) electing to have having the Company withhold otherwise deliverable cash or Shares having a Fair Market Value equal to the minimum statutory amount required Tax-Related Items to be withheld, (c) delivering to the Company already-owned Shares shares having a Fair Market Value equal to the minimum amount required Tax-Related Items to be withheld withheld, or (d) withholding from the proceeds of the sale of otherwise deliverable Shares acquired pursuant to an Award either through a voluntary sale or through a mandatory sale arranged by the Company. The Fair Market Value of Company may withhold or account for these Tax-Related Items by considering applicable statutory withholding rates or other applicable withholding rates, including up to the Shares maximum permissible statutory tax rate for the applicable tax jurisdiction, to be withheld or delivered will be determined as of the date that the taxes are required to be withheld. extent consistent with applicable laws. View More
Withholding Taxes. 13.1. Withholding Generally. Whenever Shares are to be issued in satisfaction of Awards granted under this Plan or the applicable a tax event occurs, the Company may require the Participant to remit to the Company, or to the Parent Parent, Subsidiary, or Subsidiary Affiliate, as applicable, employing the Participant, Participant an amount sufficient to satisfy applicable U.S. federal, state, local local, and international withholding tax requirements income tax, social insurance, payroll tax, fr...inge benefits tax, payment on account or any other tax liability legally due from the Participant (the tax-related items, the "Tax-Related Items") prior to the delivery of Shares pursuant to exercise or settlement of any Award. Whenever payments in satisfaction of Awards granted under this Plan are to be made in cash, such payment will be net of an amount sufficient to satisfy applicable U.S. federal, state, local and international withholding tax requirements or any other tax liability legally due from obligations for Tax-Related Items. Unless otherwise determined by the Participant. The Committee, the Fair Market Value of the Shares will be determined as of the date that the taxes are required to be withheld and such Shares will be valued based on the value of the actual trade or, if there is none, the Fair Market Value of the Shares as of the previous trading day. 13.2. Stock Withholding. The Committee, or its delegate(s), as permitted by applicable law, in its sole discretion and pursuant to such procedures as it may specify from time to time and to limitations of local law, may require or permit a Participant to satisfy such tax withholding obligation or any other tax liability Tax Related Items legally due from the Participant, in whole or in part by (without limitation) (a) paying cash, (b) electing to have having the Company withhold otherwise deliverable cash or Shares having a Fair Market Value equal to the minimum statutory amount required Tax-Related Items to be withheld, (c) delivering to the Company already-owned Shares shares having a Fair Market Value equal to the minimum amount required Tax-Related Items to be withheld withheld, or (d) withholding from the proceeds of the sale of otherwise deliverable Shares acquired pursuant to an Award either through a voluntary sale or through a mandatory sale arranged by the Company. The Fair Market Value of Company may withhold or account for these Tax-Related Items by considering applicable statutory withholding rates or other applicable withholding rates, including up to the Shares maximum permissible statutory tax rate for the applicable tax jurisdiction, to be withheld or delivered will be determined as of the date that the taxes are required to be withheld. extent consistent with applicable laws. View More
Withholding Taxes. 13.1. 13.1 Withholding Generally. Whenever Shares are to be issued in satisfaction of Awards granted under this Plan or the applicable tax event occurs, Plan, the Company may require the Participant to remit to the Company, or to the Parent or Subsidiary employing the Participant, Company an amount sufficient to satisfy applicable U.S. federal, state, local and international withholding tax requirements or any other tax liability legally due from the Participant prior to the delivery of Shares p...ursuant to exercise or settlement of any Award. Whenever payments in satisfaction of Awards granted under this Plan are to be made in cash, such payment will be net of an amount sufficient to satisfy applicable U.S. federal, state, local and international withholding tax requirements or any other tax liability legally due from the Participant. The Fair Market Value of the Shares will be determined as of the date that the taxes are required to be withheld and such Shares will be valued based on the value of the actual trade or, if there is none, the Fair Market Value of the Shares as of the previous trading day. 13.2. requirements. 13.2 Stock Withholding. The Committee, or its delegate(s), as permitted by applicable law, in its sole discretion and pursuant to such procedures as it may specify from time to time and to limitations of local law, time, may require or permit a Participant to satisfy such tax withholding obligation or any other tax liability legally due from the Participant, obligation, in whole or in part by (without limitation) (a) (i) paying cash, (b) (ii) electing to have the Company withhold otherwise deliverable cash or Shares having a Fair Market Value equal to the minimum statutory amount required to be withheld, (c) (iii) delivering to the Company already-owned already‐owned Shares having a Fair Market Value equal to the minimum amount required to be withheld , or (d) (iv) withholding from the proceeds of the sale of otherwise deliverable Shares acquired pursuant to an Award either through a voluntary sale or through a mandatory sale arranged by the Company. The Fair Market Value of the Shares to be withheld or delivered will be determined as of the date that the taxes are required to be withheld. View More
Withholding Taxes. 13.1. 13.1 Withholding Generally. Whenever Shares are to be issued in satisfaction of Awards granted under this Plan or the applicable tax event occurs, Plan, the Company may require the Participant to remit to the Company, or to the Parent or Subsidiary employing the Participant, an amount sufficient to satisfy applicable U.S. federal, state, local and international withholding tax requirements or any other tax liability legally due from the Participant prior to the delivery of Shares pursuant ...to exercise or settlement of any Award. Whenever payments in satisfaction of Awards granted under this Plan are to be made in cash, such payment will be net of an amount sufficient to satisfy applicable U.S. federal, state, local and international withholding tax 10 requirements or any other tax liability legally due from the Participant. The Fair Market Value of the Shares will be determined as of the date that the taxes are required to be withheld and such Shares will be valued based on the value of the actual trade or, if there is none, the Fair Market Value of the Shares as of the previous trading day. 13.2. Stock Withholding. The Committee, or its delegate(s), as permitted by applicable law, day in its sole discretion the case of the settlement of an RSU and pursuant to such procedures as it may specify from time to time and to limitations of local law, may require or permit a Participant to satisfy such tax withholding obligation or any for all other tax liability legally due from awards, the Participant, in whole or in part by (without limitation) (a) paying cash, (b) electing to have the Company withhold otherwise deliverable cash or Shares having a Fair Market Value equal to of the minimum statutory amount required to be withheld, (c) delivering to Shares as of the current trading day. 13.2 Stock Withholding. At the election of the Committee and without further consent from Participant, upon the vesting of any Award, the Company already-owned will either (1) retain and cancel or (2) sell pursuant to a "sell to cover" mandatory sale arranged by the Company (on Participant's behalf), that number of Shares having a an aggregate Fair Market Value equal to the minimum amount the Company is required to be withheld or (d) withholding from proceeds of withhold for income and employment tax purposes with respect to the sale of otherwise deliverable Shares acquired pursuant to an Award either through a voluntary sale or through a mandatory sale arranged by the Company. Award. The Fair Market Value of the Shares to be withheld or delivered will be determined as of the date that the taxes are required to be withheld. View More
Withholding Taxes. 13.1. (a) Withholding Generally. Whenever Shares are to be issued in satisfaction of Awards granted under this Plan or the applicable a tax event occurs, the Company may require the Participant to remit to the Company, or to the Parent Parent, Subsidiary, or Subsidiary Affiliate, as applicable, employing the Participant, Participant an amount sufficient to satisfy applicable U.S. federal, state, local local, and international withholding tax requirements or any other tax or social insurance liab...ility (the "Tax-Related Items") legally due from the Participant prior to the delivery of Shares pursuant to exercise or settlement of any Award. Whenever payments in satisfaction of Awards granted under this Plan are to be made in cash, such payment will be net of an amount sufficient to satisfy applicable U.S. federal, state, local and international withholding tax requirements or any other tax liability legally due from obligations for Tax-Related Items. Unless otherwise determined by the Participant. The Committee, the Fair 11 Market Value of the Shares will be determined as of the date that the taxes are required to be withheld and such Shares will be valued based on the value of the actual trade or, if there is none, the Fair Market Value of the Shares as of the previous trading day. 13.2. (b) Stock Withholding. The Committee, or its delegate(s), as permitted by applicable law, in its sole discretion and pursuant to such procedures as it may specify from time to time and to limitations of local law, may require or permit a Participant to satisfy such tax withholding obligation or any other tax liability Tax Related Items legally due from the Participant, in whole or in part by (without limitation) (a) paying cash, (b) electing to have having the Company withhold otherwise deliverable cash or Shares having a Fair Market Value equal to the minimum statutory amount required Tax-Related Items to be withheld, (c) delivering to the Company already-owned Shares shares having a Fair Market Value equal to the minimum amount required Tax-Related Items to be withheld withheld, or (d) withholding from the proceeds of the sale of otherwise deliverable Shares acquired pursuant to an Award either through a voluntary sale or through a mandatory sale arranged by the Company. The Fair Market Value of Company may withhold or account for these Tax-Related Items by considering applicable statutory withholding rates or other applicable withholding rates, including up to the Shares maximum permissible statutory tax rate for the applicable tax jurisdiction, to be withheld or delivered will be determined as of the date that the taxes are required to be withheld. extent consistent with applicable laws. View More
Withholding Taxes. 13.1. Withholding Generally. Whenever Shares are to be issued in satisfaction of Awards granted under this Plan or the applicable a tax event occurs, the Company may require the Participant to remit to the Company, or to the Parent Parent, Subsidiary or Subsidiary Affiliate, as applicable, employing the Participant, an amount sufficient to satisfy applicable U.S. federal, state, local and international withholding tax requirements or any other tax or social 10 insurance liability legally due (th...e "Tax-Related Items") required to be withheld from the Participant prior to the delivery of Shares pursuant to exercise or settlement of any Award. Whenever payments in satisfaction of Awards granted under this Plan are to be made in cash, such payment will be net of an amount sufficient to satisfy applicable U.S. federal, state, local and international withholding tax requirements or any other tax liability legally due from obligations for Tax-Related Items. Unless otherwise determined by the Participant. The Committee, the Fair Market Value of the Shares will be determined as of the date that the taxes are required to be withheld and such Shares will be valued based on the value of the actual trade or, if there is none, the Fair Market Value of the Shares as of the previous trading day. 13.2. Stock Withholding. The Committee, or its delegate(s), as permitted by applicable law, in its sole discretion and pursuant to such procedures as it may specify from time to time and to limitations of local law, may require or permit a Participant to satisfy such tax withholding obligation or any other tax liability Tax Related Items legally due from the Participant, in whole or in part by (without limitation) (a) paying cash, (b) electing to have having the Company withhold otherwise deliverable cash or Shares having a Fair Market Value equal to the minimum statutory amount required Tax-Related Items to be withheld, (c) delivering to the Company already-owned Shares shares having a Fair Market Value equal to the minimum amount required Tax-Related Items to be withheld or (d) withholding from the proceeds of the sale of otherwise deliverable Shares acquired pursuant to an Award either through a voluntary sale or through a mandatory sale arranged by the Company. The Fair Market Value of Company may withhold or account for these Tax-Related Items by considering applicable statutory withholding rates or other applicable withholding rates, including up to (but not in excess of) the Shares maximum permissible statutory tax rate for the applicable tax jurisdiction, to be withheld or delivered will be determined as of the date that the taxes are required to be withheld. extent consistent with applicable laws. View More
Withholding Taxes. 13.1. 14.1. Withholding Generally. Whenever Shares are to be issued in satisfaction of Awards granted under this Plan or the applicable a tax event occurs, the Company may require the Participant to remit to the Company, or to the Parent Parent, Subsidiary, or Subsidiary Affiliate, as applicable, employing the Participant, Participant an amount sufficient to satisfy applicable U.S. federal, state, local local, and international withholding tax requirements or any other tax or social insurance li...ability (the "Tax-Related Items") legally due from the Participant prior to the delivery of Shares pursuant to exercise or settlement of any Award. Whenever payments in satisfaction of Awards granted under this Plan are to be made in cash, such payment will be net of an amount sufficient to satisfy applicable U.S. federal, state, local and international withholding tax requirements or any other tax liability legally due from obligations for Tax-Related Items. Unless otherwise determined by the Participant. The Committee, the Fair Market Value of the Shares will be determined as of the date that the taxes are required to be withheld and 11 such Shares will be valued based on the value of the actual trade or, if there is none, the Fair Market Value of the Shares as of the previous trading day. 13.2. 14.2. Stock Withholding. The Committee, or its delegate(s), as permitted by applicable law, in its sole discretion and pursuant to such procedures as it may specify from time to time and to limitations of local law, may require or permit a Participant to satisfy such tax withholding obligation or any other tax liability Tax Related Items legally due from the Participant, in whole or in part by (without limitation) (a) paying cash, (b) electing to have having the Company withhold otherwise deliverable cash or Shares having a Fair Market Value equal to the minimum statutory amount required Tax-Related Items to be withheld, (c) delivering to the Company already-owned Shares shares having a Fair Market Value equal to the minimum amount required Tax-Related Items to be withheld withheld, or (d) withholding from the proceeds of the sale of otherwise deliverable Shares acquired pursuant to an Award either through a voluntary sale or through a mandatory sale arranged by the Company. The Fair Market Value of Company may withhold or account for these Tax-Related Items by considering applicable statutory withholding rates or other applicable withholding rates, including up to the Shares maximum permissible statutory tax rate for the applicable tax jurisdiction, to be withheld or delivered will be determined as of the date that the taxes are required to be withheld. extent consistent with applicable laws. View More
Withholding Taxes. 13.1. 14.1. Withholding Generally. Whenever Shares are to be issued in satisfaction of Awards granted under this Plan or the applicable a tax event occurs, the Company may require the Participant to remit to the Company, or to the Parent Parent, Subsidiary, or Subsidiary Affiliate, as applicable, employing the Participant, Participant an amount sufficient to satisfy applicable U.S. federal, state, local local, and international withholding tax requirements or any other tax or social insurance li...ability (the "Tax-Related Items") legally due from the Participant prior to the delivery of Shares pursuant to exercise or settlement of any Award. Whenever payments in satisfaction of Awards granted under this Plan are to be made in cash, such payment will be net of an amount sufficient to satisfy applicable U.S. federal, state, local and international withholding tax requirements or any other tax liability legally due from obligations for Tax-Related Items. Unless otherwise determined by the Participant. The Committee, the Fair Market Value of the Shares will be determined as of the date that the taxes are required to be withheld and such Shares will be valued based on the value of the actual trade or, if there is none, the Fair Market Value of the Shares as of the previous trading day. 13.2. 14 14.2. Stock Withholding. The Committee, or its delegate(s), as permitted by applicable law, in its sole discretion and pursuant to such procedures as it may specify from time to time and to limitations of local law, may require or permit a Participant to satisfy such tax withholding obligation or any other tax liability Tax Related Items legally due from the Participant, in whole or in part by (without limitation) (a) paying cash, (b) electing to have having the Company withhold otherwise deliverable cash or Shares having a Fair Market Value equal to the minimum statutory amount required Tax-Related Items to be withheld, (c) delivering to the Company already-owned Shares shares having a Fair Market Value equal to the minimum amount required Tax-Related Items to be withheld withheld, or (d) withholding from the proceeds of the sale of otherwise deliverable Shares acquired pursuant to an Award either through a voluntary sale or through a mandatory sale arranged by the Company. The Fair Market Value of Company may withhold or account for these Tax-Related Items by considering applicable statutory withholding rates or other applicable withholding rates, including up to the Shares maximum permissible statutory tax rate for the applicable tax jurisdiction, to be withheld or delivered will be determined as of the date that the taxes are required to be withheld. extent consistent with applicable laws. View More
