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 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. 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," or any successor provision thereto). (c) Subject [Subject to any rules prescribed by the Committee, the ...Grantee shall have the right to elect to meet any withholding requirement (i) by having withheld from the Option Award 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, 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 Award or (iii) by a combination of Shares and cash. 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. 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," or any successor provision thereto). (c) Subject to any rules prescribed by the Committee, the Grantee s...hall have the right to elect to meet any withholding requirement (i) by having withheld from the Option Award 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, 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 Award or (iii) by a combination of 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 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). Plan. (c) Subject [Subject to any rules prescribed by the Committee, the G...rantee 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 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. cash.] View More