Withholding Clause Example with 5 Variations from Business Contracts

This page contains Withholding 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. The Company or any Parent or Subsidiary shall have the right and is hereby authorized to withhold, any applicable withholding taxes in respect of the Performance Share Units awarded by this Agreement, their grant, vesting or otherwise, and to take such other action as may be necessary in the opinion of the Company to satisfy all obligations for the payment of such withholding taxes, which may include, without limitation, reducing the number of shares otherwise distributable to the Participant by... the number of shares of Stock whose Fair Market Value is equal to the amount of tax required to be withheld by the Company or a Parent or Subsidiary as a result of the vesting or settlement or otherwise of the Performance Share Units. View More
Found in MGM Resorts International contract

Variations of a "Withholding" Clause from Business Contracts

Withholding. The Company or any Parent or Subsidiary shall have the right and is hereby authorized to withhold, any applicable withholding taxes in respect of the Performance Share Units awarded by this Agreement, their SAR, its grant, vesting or otherwise, and to take such other action as may be necessary in the opinion of the Company to satisfy all obligations for the payment of such withholding taxes, which may include, without limitation, reducing the number of shares otherwise distributable to the Parti...cipant by the number of shares of Stock whose Fair Market Value (determined in the manner as Fair Market Value is determined for purposes of Section 2.1 hereof) is equal to the amount of tax required to be withheld by the Company or a Parent or Subsidiary as a result of the vesting grant or settlement exercise or otherwise of the Performance Share Units. this SAR. View More
Found in 2 Contracts from MGM Resorts International
Withholding. The Company or any Parent or Subsidiary of its Affiliates shall have the right right, and is hereby authorized authorized, to withhold, withhold any applicable withholding taxes in respect of the Performance Restricted Share Units awarded by this Agreement, their grant, vesting or otherwise, and to take such other action as may be necessary in the opinion of the Company to satisfy all obligations for the payment of such withholding taxes, which may include, without limitation, reducing the numbe...r of shares otherwise distributable to the Participant by the number of shares of Stock Shares whose Fair Market Value is equal to the amount of tax required to be withheld by the Company or a Parent or Subsidiary any of its Affiliates as a result of the vesting or settlement or otherwise of the Performance Restricted Share Units. View More
Found in 3 Contracts from 2 Companies
Withholding. The Company or any Parent or Subsidiary shall have the right and is hereby authorized to withhold, any applicable withholding taxes in respect of the Performance Share Restricted Stock Units awarded by this Agreement, their grant, vesting grant or otherwise, and to take such other action as may be necessary in the opinion of the Company to satisfy all obligations for the payment of such withholding taxes, which may include, without limitation, reducing the number of shares otherwise distributabl...e to the Participant by the number of shares of Stock whose Fair Market Value is equal to the amount of tax required to be withheld by the Company or a Parent or Subsidiary as a result of the vesting or settlement or otherwise of the Performance Share Restricted Stock Units. View More
Found in 2 Contracts from MGM Resorts International
Withholding. The Company or any Parent or Subsidiary Affiliate shall have the right and is hereby authorized to withhold, any applicable withholding taxes in respect of the Performance Share Units awarded by this Agreement, their grant, vesting or otherwise, and to take such other action as may be necessary in the opinion of the Company to satisfy all obligations for the payment of such withholding taxes, which may include, without limitation, reducing the number of shares otherwise distributable to the Part...icipant by the number of shares of Stock Shares whose Fair Market Value is equal to the amount of tax required to be withheld by the Company or a Parent or Subsidiary any of its Affiliates as a result of the vesting or settlement or otherwise of the Performance Share Units. View More
Found in MGM Growth Properties Operating Partnership LP contract
Withholding. The Company or any Parent or Subsidiary shall have the right and is hereby authorized to withhold, any applicable withholding taxes in respect of the Performance Share Restarted Stock Units awarded by this Agreement, their grant, vesting or otherwise, and to take such other action as may be necessary in the opinion of the Company to satisfy all obligations for the payment of such withholding taxes, which may include, without limitation, reducing the number of shares otherwise distributable to th...e Participant by the number of shares of Stock whose Fair Market Value is equal to the amount of tax required to be withheld by the Company or a Parent or Subsidiary as a result of the vesting or settlement or otherwise of the Performance Share Restricted Stock Units. View More
Found in 2 Contracts from MGM Resorts International