Withholding Clause Example with 23 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. (a) The Committee shall determine the amount of any withholding or other tax required by law to be withheld or paid by the Company with respect to any income recognized by the Grantee with respect to the Option. (b) The Grantee shall be required to meet any applicable tax withholding obligation in accordance with the provisions of Section 17.3 of the Plan (entitled "Withholding Taxes," or any successor provision thereto). (c) Subject to any rules prescribed by the Committee, the Grantee shall ha...ve the right to elect to meet any withholding requirement (i) by having withheld from the Option at the appropriate time that number of whole Shares whose Fair Market Value is equal to the amount of any taxes required to be withheld with respect to the Option, (ii) by direct payment to the Company in cash of the amount of any taxes required to be withheld with respect to the Option or (iii) by a combination of Shares and cash. View More

Variations of a "Withholding" Clause from Business Contracts

Withholding. (a) The Committee Board shall determine the amount of any withholding or other tax required by law to be withheld or paid by the Company with respect to any income recognized by the Grantee with respect to the Option. (b) The Grantee shall be required to meet any applicable tax withholding obligation in accordance with the provisions of Section 17.3 16.3 of the Plan (entitled "Withholding Taxes," or Plan. (c) If Grantee makes any successor provision thereto). (c) Subject disposition of Shares de...livered pursuant to any rules prescribed by the Committee, exercise of an Incentive Stock Option under the circumstances described in Code Section 421(b) (relating to certain disqualifying dispositions), Grantee shall have the right to elect to meet any withholding requirement (i) by having withheld from the Option at the appropriate time that number of whole Shares whose Fair Market Value is equal to the amount of any taxes required to be withheld with respect to the Option, (ii) by direct payment to notify the Company in cash of the amount such disposition within 10 days of any taxes required to be withheld with respect to the Option or (iii) by a combination of Shares and cash. such disposition. View More
Withholding. (a) The Committee Board shall determine the amount of any withholding or other tax required by law to be withheld or paid by the Company with respect to any income recognized by the Grantee with respect to the Option. Option Award. (b) The Grantee shall be required to meet any applicable tax withholding obligation in accordance with the provisions of Section 17.3 of the Plan (entitled "Withholding Taxes," Plan. [(c) If the Grantee makes any disposition of Shares delivered pursuant to the exercis...e of an ISO under the circumstances described in Section 421(b) of the Code (relating to certain disqualifying dispositions) or any successor provision thereto). (c) Subject to any rules prescribed by of the Committee, Code, the Grantee shall have notify the right to elect to meet any withholding requirement (i) by having withheld from the Option at the appropriate time that number Company of whole Shares whose Fair Market Value is equal such disposition within ten days of such disposition.] [include if an ISO] 4 8. Grantee Representations. The Grantee hereby represents to the amount Company that the Grantee has read and fully understands the provisions of any taxes required the Notice, these Terms and the Plan, and the Grantee's decision to be withheld participate in the Plan is completely voluntary. Further, the Grantee acknowledges that the Grantee is relying solely on his or her own advisors with respect to the Option, (ii) by direct payment tax consequences of this Award. The Grantee releases and holds the Company, and its officers, directors, employees and agents, harmless from any loss or claim related to or in any way connected with the Company in cash tax consequences of the amount Option, including without limitation the treatment of any taxes required to be withheld with respect to the Option or (iii) by a combination of Shares and cash. under Section 409A. View More
Withholding. (a) The Committee shall determine the amount of any withholding or other tax required by law to be withheld or paid by the Company with respect to any income recognized by the Grantee with respect to the Option. (b) The Grantee shall be required to meet any applicable tax withholding obligation in accordance with the provisions of Section 17.3 of the Plan (entitled "Withholding Taxes," or Plan. [(c) If the Grantee makes any successor provision thereto). (c) Subject disposition of Shares delivere...d pursuant to any rules prescribed by the Committee, exercise of an Incentive Stock Option under the circumstances described in Code Section 421(b) (relating to certain disqualifying dispositions), the Grantee shall have the right to elect to meet any withholding requirement (i) by having withheld from the Option at the appropriate time that number of whole Shares whose Fair Market Value is equal to the amount of any taxes required to be withheld with respect to the Option, (ii) by direct payment to notify the Company in cash of the amount such disposition within 10 days of any taxes required to be withheld with respect to the Option or (iii) by a combination of Shares and cash. such disposition.] View More
Withholding. (a) The Committee Board shall determine the amount of any withholding or other tax required by law to be withheld or paid by the Company with respect to any income recognized by the Grantee with respect to the Option. Option Award. (b) The Grantee shall be required to meet any applicable tax withholding obligation in accordance with the provisions of Section 17.3 of the Plan (entitled "Withholding Taxes," Plan. (c) If the Grantee makes any disposition of Shares delivered pursuant to the exercise... of an ISO under the circumstances described in Section 421(b) of the Code (relating to certain disqualifying dispositions) or any successor provision thereto). (c) Subject to any rules prescribed by of the Committee, Code, the Grantee shall have the right to elect to meet any withholding requirement (i) by having withheld from the Option at the appropriate time that number of whole Shares whose Fair Market Value is equal to the amount of any taxes required to be withheld with respect to the Option, (ii) by direct payment to notify the Company in cash of the amount such disposition within ten days of any taxes required to be withheld with respect to the Option or (iii) by a combination of Shares and cash. such disposition. View More
Withholding. (a) The Committee shall determine the amount of any withholding or other tax required by law to be withheld or paid by the Company with respect to any income recognized by the Grantee Participant with respect to the Option. (b) Award. The Grantee Participant shall be required to meet any applicable tax withholding obligation in accordance with the provisions of Section 17.3 11.06 of the Plan (entitled "Withholding Taxes," or any successor provision thereto). (c) Subject to any rules prescribed b...y the Committee, the Grantee Plan. The Participant shall have the right to elect to meet any withholding requirement requirement: (i) by having withheld from the Option this Award at the appropriate time that number of whole Shares shares of Common Stock whose Fair Market Value fair market value is equal to the amount of any taxes required to be withheld with respect to the Option, such Award, (ii) by direct payment to the Company in cash of the amount of any taxes required to be withheld with respect to the Option such Award or (iii) by a combination of Shares shares of Common Stock and cash. 2 7. Participant Representations. The Participant hereby represents to the Company that the Participant has read and fully understands the provisions of the Notice, these Terms and Conditions and the Plan, and the Participant's decision to participate in the Plan is completely voluntary. Further, the Participant acknowledges that the Participant is relying solely on his own advisers with respect to the tax consequences of this Award. View More
Withholding. (a) The Committee shall determine the amount of any withholding or other tax required by law to be withheld or paid by the Company with respect to any income recognized by the Grantee Participant with respect to the Option. (b) Award. The Grantee Participant shall be required to meet any applicable tax withholding obligation in accordance with the provisions of Section 17.3 11.05 of the Plan (entitled "Withholding Taxes," or any successor provision thereto). (c) Subject to any rules prescribed b...y the Committee, the Grantee Plan. The Participant shall have the right to elect to meet any withholding requirement requirement: (i) by having withheld from the Option this Award at the appropriate time that number of whole Shares shares of Common Stock whose Fair Market Value fair market value is equal to the amount of any taxes required to be withheld with respect to the Option, such Award, (ii) by direct payment to the Company in cash of the amount of any taxes required to be withheld with respect to the Option such Award or (iii) by a combination of Shares shares of Common Stock and cash. View More
Withholding. (a) The Committee shall determine the amount of any withholding or other tax required by law to be withheld or paid by the Company with respect to any income recognized by the Grantee with respect to the Option. Units. (b) The Grantee shall be required to meet any applicable tax withholding obligation in accordance with the provisions of Section 17.3 of the Plan (entitled "Withholding Taxes," or any successor provision thereto). Plan. (c) Subject to any administrative rules prescribed by the Com...mittee, the Grantee shall have the right to elect to meet any withholding requirement requirement, or the Company may require such obligations (up to maximum statutory rates) to be satisfied, in whole or in part, (i) by having withheld from the Option this Award at the appropriate time that number of whole Shares shares of Common Stock whose Fair Market Value is equal to the amount of any taxes required to be withheld with respect to the Option, such Award, (ii) by direct payment to the Company in cash of the amount of any taxes required to be withheld with respect to the Option such Award or (iii) by a combination of Shares shares and cash. 6. Committee's Discretion. Notwithstanding any provision of this Agreement to the contrary, the Committee shall have discretion under the Plan to waive any forfeiture of the Units as set forth in Section 4 hereof, the Restricted Period and any other conditions set forth in this Agreement. View More
Withholding. (a) The Committee shall determine the amount of any withholding or other tax required by law to be withheld or paid by the Company with respect to any income recognized by the Grantee with respect to the Option. (b) The Grantee shall be required to meet any applicable tax withholding obligation in accordance with the provisions of Section 17.3 of the Plan (entitled "Withholding Taxes," or any successor provision thereto). (c) Subject to any rules prescribed by the Committee, the Grantee shall ha...ve the right to elect to meet any withholding requirement (i) by having withheld from the Option at the appropriate time that number of whole Shares whose Fair Market Value is equal to the amount of any taxes required to be withheld with respect to the Option, (ii) by direct payment to the Company in cash of the amount of any taxes required to be withheld with respect to the Option or (iii) by a combination of Shares and cash. (d) If the Grantee makes any disposition of Shares delivered pursuant to the exercise of an Incentive Stock Option under the circumstances described in Code Section 421(b) (relating to certain disqualifying dispositions), the Grantee shall notify the Company of such disposition within 10 days of such disposition. Terms and Conditions - Page 2 8. Adjustment. Upon any event described in Section 15 of the Plan (entitled "Effect of Changes in Capitalization," or any successor provision thereto) occurring after the Grant Date, the adjustment provisions as provided for under Section 15 of the Plan (or any successor provision thereto) shall apply to the Option. View More
Withholding. (a) The Committee shall determine the amount of any withholding or other tax required by law to be withheld or paid by the Company with respect to any income recognized by the Grantee Participant with respect to the Option. Restricted Shares. (b) The Grantee Participant shall be required to meet any applicable tax withholding obligation in accordance with the provisions of Section 17.3 11.05 of the Plan (entitled "Withholding Taxes," or any successor provision thereto). Plan. (c) Subject to any ...rules prescribed by the Committee, the Grantee Participant shall have the right to elect to meet any withholding requirement (i) by having withheld from the Option this Award at the appropriate time that number of whole Shares shares of common stock whose Fair Market Value fair market value is equal to the amount of any taxes required to be withheld with respect to the Option, such Award, (ii) by direct payment to the Company in cash of the amount of any taxes required to be withheld with respect to the Option such Award or (iii) by a combination of Shares shares and cash. View More
Withholding. (a) The Committee shall determine the amount of any withholding or other tax required by law to be withheld or paid by the Company with respect to any income recognized by the Grantee Participant with respect to the Option. Units. 3 (b) The Grantee Participant shall be required to meet any applicable tax withholding obligation in accordance with the provisions of Section 17.3 of the Plan (entitled "Withholding Taxes," or any successor provision thereto). Plan. (c) Subject to any rules prescribed... by the Committee, the Grantee Participant shall have the right to elect to meet any withholding requirement (i) by having withheld from the Option this Award at the appropriate time that number of whole Shares shares of Common Stock whose Fair Market Value is equal to the amount of any taxes required to be withheld with respect to the Option, such Award, (ii) by direct payment to the Company in cash of the amount of any taxes required to be withheld with respect to the Option such Award or (iii) by a combination of Shares shares and cash. View More