Withholding Clause Example with 6 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 Participant agrees to remit to the Company any foreign, Federal, state and/or local taxes (including the Participant's FICA tax obligation) required by law to be withheld with respect to the Units or the issuance of Shares under this Award. The Company can delay the issuance of Shares or can withhold from cash or property, including cash or Shares under this Award, payable or issuable to the Participant, in the amount needed to satisfy any withholding obligations; provided that, to the exten...t Shares are withheld to satisfy taxes, the amount to be withheld may not exceed the total maximum statutory tax withholding obligations associated with the transaction to the extent needed for the Company and its Subsidiaries to avoid an accounting charge. Notwithstanding anything to the contrary in this Award, if the Company or any Affiliate of the Company is required to withhold any Federal, state or local taxes or other amounts in connection with the Award, then the Company may require the Participant to pay to the Company, in cash, promptly on demand, amounts sufficient to satisfy such tax obligations or make other arrangements satisfactory to the Company regarding the payment to the Company of the aggregate amount of any such taxes and other amounts.View More
Variations of a "Withholding" Clause from Business Contracts
Withholding. The Participant agrees to remit to the Company any foreign, Federal, U.S. federal, state and/or local taxes (including the Participant's FICA tax obligation) required by law to be withheld with respect to the Units or the issuance of Shares under this Award, the vesting of this Award or the payment of cash under this Award. The Unless the Company can delay otherwise determines, the issuance of Shares or can withhold Company will satisfy any withholding obligations in connection with this Award b...y withholding from cash or property, including cash or Shares under this Award, otherwise payable or issuable to the Participant, under this Award in the amount needed to satisfy any withholding obligations; provided that, to in the extent Shares are withheld to satisfy taxes, case of Shares, the amount to be withheld may not exceed the total maximum statutory tax withholding obligations rates associated with the transaction to the extent needed for the Company and its Subsidiaries to avoid an accounting charge. Notwithstanding anything to the contrary in this Award, if the Company or any Affiliate of the Company is required to withhold any Federal, state or local taxes or other amounts in connection with the Award, then transaction. Alternatively, the Company may require the Participant to pay to the Company, in cash, promptly on demand, amounts sufficient to satisfy such tax obligations or make other arrangements satisfactory to the Company regarding the payment to the Company of the aggregate amount of any such taxes and 4 tax obligations, or the Company may withhold from cash or other amounts. property, payable or issuable to the Participant or from Shares no longer subject to restrictions in the amount needed to satisfy any withholding obligations. View More
Withholding. The Participant agrees to remit to the Company any foreign, Federal, U.S. federal, state and/or local taxes (including the Participant's FICA tax obligation) required by law to be withheld with respect to the Units or the issuance of Shares under this Award, the vesting of this Award or the payment of cash under this Award. The Unless the Company can delay otherwise determines, the issuance of Shares or can withhold Company will satisfy any withholding obligations in connection with this Award b...y withholding from cash or property, including cash or Shares under this Award, otherwise payable or issuable to the Participant, under this Award in the amount needed to satisfy any withholding obligations; provided that, to in the extent Shares are withheld to satisfy taxes, case of Shares, the amount to be withheld may not exceed the total maximum statutory tax withholding obligations rates associated with the transaction to the extent needed for the Company and its Subsidiaries to avoid an accounting charge. Notwithstanding anything to the contrary in this Award, if the Company or any Affiliate of the Company is required to withhold any Federal, state or local taxes or other amounts in connection with the Award, then transaction. Alternatively, the Company may require the Participant to pay to the Company, in cash, promptly on demand, amounts sufficient to satisfy such tax obligations or make other arrangements satisfactory to the Company regarding the payment to the Company of the aggregate amount of any such taxes and tax obligations, or the Company may withhold from cash or other amounts. property, payable or issuable to the Participant or from Shares no longer subject to restrictions in the amount needed to satisfy any withholding obligations. View More
Withholding. The Participant agrees to remit to the Company any foreign, Federal, U.S. federal, state and/or local taxes (including the Participant's FICA tax obligation) required by law to be withheld with respect to the Units or the issuance of Shares under this Award. The Unless the Company can delay otherwise determines, the issuance of Shares or can withhold Company will satisfy any withholding obligations in connection with this Award by withholding from cash or property, including cash or Shares under... this Award, otherwise payable or issuable to the Participant, under this Award in the amount needed to satisfy any withholding obligations; provided that, to in the extent Shares are withheld to satisfy taxes, case of Shares, the amount to be withheld may not exceed the total maximum statutory tax withholding obligations rates associated with the transaction to the extent needed for the Company and its Subsidiaries to avoid an accounting charge. Notwithstanding anything to the contrary in this Award, if the Company or any Affiliate of the Company is required to withhold any Federal, state or local taxes or other amounts in connection with the Award, then transaction. Alternatively, the Company may require the Participant to pay to the Company, in cash, promptly on demand, amounts sufficient to satisfy such tax obligations or make other arrangements satisfactory to the Company regarding the payment to the Company of the aggregate amount of any such taxes and tax obligations, or the Company may withhold from cash or other amounts. property payable or issuable to the Participant or from Shares no longer subject to restrictions in the amount needed to satisfy any withholding obligations. View More
Withholding. The Participant agrees to remit to the Company any foreign, Federal, state and/or local taxes (including the Participant's FICA tax obligation) required by law to be withheld with respect to the Units or the issuance of Shares under this Award. The Company can delay Award, the issuance vesting of Shares this Award or can withhold from the payment of cash or property, including cash or Shares under this Award, payable or issuable to the Participant, in the amount needed to satisfy any withholding... obligations; provided that, to the extent Shares are withheld to satisfy taxes, the amount to be withheld may not exceed the total maximum statutory tax withholding obligations associated with the transaction to the extent needed for the Company and its Subsidiaries to avoid an accounting charge. Award. Notwithstanding anything to the contrary in this Award, if the Company or any Affiliate of the Company is required to withhold any Federal, state or local taxes or other amounts in connection with the Award, then the Company may require the Participant to pay to the Company, in cash, promptly on demand, amounts sufficient to satisfy such tax obligations or make other arrangements satisfactory to the Company regarding the payment to the Company of the aggregate amount of any such taxes and other amounts. Alternatively, the Company can withhold Shares no longer restricted, or can withhold from cash or property, including cash or Shares under this Award, payable or issuable to the Participant, in the amount needed to satisfy any withholding obligations; provided that, in the case of Shares, the amount withheld may not exceed the Participant's minimum withholding obligations. View More
Withholding. The Participant agrees to remit to the Company any foreign, Federal, state and/or local taxes (including the Participant's FICA tax obligation) required by law to be withheld with respect to the Units or the issuance of Shares under this Award. The Company can delay Award, the issuance vesting of Shares this Award or can withhold from the payment of cash or property, including cash or Shares under this Award, payable or issuable to the Participant, in the amount needed to satisfy any withholding... obligations; provided that, to the extent Shares are withheld to satisfy taxes, the amount to be withheld may not exceed the total maximum statutory tax withholding obligations associated with the transaction to the extent needed for the Company and its Subsidiaries to avoid an accounting charge. Award. Notwithstanding anything to the contrary in this Award, if the Company or any Affiliate of the Company is required to withhold any Federal, state or local taxes or other amounts in connection with the Award, then the Company may require the Participant to pay to the Company, in cash, promptly on demand, amounts sufficient to satisfy such tax obligations or make other arrangements satisfactory to the Company regarding the payment to the Company of the aggregate amount of any such taxes and other amounts. Alternatively, the Company can withhold Shares no longer restricted, or can withhold from cash or property, including cash or Shares under this Award, payable or issuable to the Participant, in the amount needed to satisfy any withholding obligations; provided that, to the extent Shares are withheld to satisfy taxes, the amount to be withheld may not exceed the total maximum statutory tax withholding obligations associated with the transaction. Notwithstanding the foregoing, with respect to a Participant who is a Reporting Person, if the payment hereunder is to be made in the form of Shares, then any withholding obligations shall be satisfied by the Company withholding Shares otherwise issuable under this Award unless the Committee approves an alternative method by which the Participant shall pay such withholding taxes. View More
Withholding. The Participant agrees to remit to the Company any foreign, Federal, state and/or local taxes (including the Participant's FICA tax obligation) required by law to be withheld with respect to the Units or the issuance of Shares under this Award. The Company can delay Award, the issuance vesting of Shares this Award or can withhold from the payment of cash or property, including cash or Shares under this Award, payable or issuable to the Participant, in the amount needed to satisfy any withholding... obligations; provided that, to the extent Shares are withheld to satisfy taxes, the amount to be withheld may not exceed the total maximum statutory tax withholding obligations associated with the transaction to the extent needed for the Company and its Subsidiaries to avoid an accounting charge. Award. Notwithstanding anything to the contrary in this Award, if the Company or any Affiliate of the Company is required to withhold any Federal, state or local taxes or other amounts in connection with the Award, then the Company may require the Participant to pay to the Company, in cash, promptly on demand, amounts sufficient to satisfy such tax obligations or make other arrangements satisfactory to the Company regarding the payment to the Company of the aggregate amount of any such taxes and other amounts. Alternatively, the Company can withhold Shares no longer restricted, or can withhold from cash or property, including cash or Shares under this Award, payable or issuable to the Participant, in the amount needed to satisfy any withholding obligations; provided that, to the extent Shares are withheld to satisfy taxes, the amount to be withheld may not exceed the total minimum statutory tax withholding obligations associated with the transaction to the extent needed for the Company and its Subsidiaries to avoid an accounting charge until Accounting Standards Update 2016-09 applies to the Company, after which time the amount to be withheld may not exceed the total maximum statutory tax rates associated with the transaction. View More
