Withholding Clause Example with 5 Variations from Business Contracts

Withholding. At Prior to the time of the settlement of Units by distribution delivery of any shares of Common Stock Shares pursuant to Paragraph 7 of this Agreement, Award, the Company has the right and power to deduct or withhold, or require the Employee Grantee to remit to the Company, an amount sufficient to satisfy all applicable tax withholding requirements with respect to requirements, which shall not exceed the amount determined by the applicable minimum statutory tax withholding rate (or such distrib...uted shares. other rate as will not result in a negative accounting impact). The Company may permit or require the Employee Grantee to satisfy all or part of the tax withholding obligations in connection with this Agreement Award by (a) having the Company withhold otherwise distributable shares, or (b) delivering to the Company shares of Company Common Stock already owned for a period of at least six months (or such longer or shorter period as may be required to avoid a charge to earnings for financial accounting purposes), in each case deliverable Shares having a value equal to the amount to be withheld, which shall not exceed the amount determined by the maximum statutory tax withholding rate in the Employee's applicable jurisdictions, including of employment and residence. withheld. For these purposes, the value of the shares of Common Stock Shares to be withheld or delivered will be equal to the Fair Market Value as of the date that the taxes are required to be withheld. View More

Withholding. At the time of the settlement of Units Performance Shares by distribution of any shares of Common Stock Shares pursuant to Paragraph 7 of this Agreement, the Company has the right and power to deduct or withhold, or require the Employee Grantee to remit to the Company, an amount sufficient to satisfy all applicable tax withholding requirements with respect to such distributed shares. The Company may permit or require the Employee Grantee to satisfy all or part of the tax withholding obligations ...in connection with this Agreement by (a) having the Company withhold otherwise distributable shares, or (b) delivering to the Company shares of Company Common Stock already owned for a period of at least six months (or such longer or shorter period as may be required to avoid a charge to earnings for financial accounting purposes), in each case Shares, having a value equal to the amount to be withheld, which shall not exceed the amount determined by the maximum applicable minimum statutory tax withholding rate (or such other rate as will not result in the Employee's applicable jurisdictions, including of employment and residence. a negative accounting impact). For these purposes, the value of the shares of Common Stock Shares to be withheld or delivered will be equal to the Fair Market Value as of the date that the taxes are required to be withheld. View More

Withholding. At the time of the settlement of Units by distribution of any shares of Common Stock pursuant to Paragraph 7 of or other property or cash under this Agreement, the Company has the right and power to deduct or withhold, or require the Employee to remit to the Company, an amount sufficient to satisfy all applicable tax withholding requirements with respect to such distributed shares. The Company may permit or require the Employee to satisfy all or part of the tax withholding obligations in connect...ion with this Agreement by (a) having the Company withhold otherwise distributable shares, shares of Common Stock or cash, or (b) delivering to the Company shares of Company Common Stock already owned for a period of at least six months (or such longer or shorter period as may be required to avoid a charge to earnings for financial accounting purposes), in each case having a value equal to the amount to be withheld, which shall not exceed the amount determined by the maximum statutory tax withholding rate in the Employee's applicable jurisdictions, including of employment and residence. For these purposes, the value of the shares of Common Stock to be withheld or delivered will be equal to the Fair Market Value as of the date that the taxes are required to be withheld. RSU | Revised June 2021 4 12.Notices. All notices and other communications required or permitted under this Agreement shall be written and delivered personally or sent by registered or certified first-class mail, postage prepaid and return receipt required, addressed as follows: if to the Company, to the Company's executive offices in Batesville, Indiana, and if to the Employee or his or her successor, to the address last furnished by the Employee to the Company. The Company may, however, authorize notice by any other means it deems desirable or efficient at a given time, such as notice by facsimile or electronic mail. View More

Withholding. At the time of the settlement of Units by distribution of any shares of Common Stock pursuant to Paragraph 7 of this Agreement, the Company has the right and power to deduct or withhold, or require the Employee to remit to the Company, an amount sufficient to satisfy all applicable tax withholding requirements with respect to such distributed shares. The Company may permit or require the Employee to satisfy all or part of the tax withholding obligations in connection with this Agreement by (a) h...aving the Company withhold otherwise distributable shares, or (b) delivering to the Company shares of Company Common Stock already owned for a period of at least six (6) months (or such longer or shorter period as may be required to avoid a charge to earnings for financial accounting purposes), in each case 6 having a value equal to the amount to be withheld, which shall not exceed the amount determined by the maximum applicable minimum statutory tax withholding rate (or such other rate as will not result in the Employee's applicable jurisdictions, including of employment and residence. a negative accounting impact). For these purposes, the value of the shares of Common Stock to be withheld or delivered will be equal to the Fair Market Value as of the date that the taxes are required to be withheld. View More

Withholding. At the time of the settlement of Units by distribution of any shares of Common Stock pursuant to Paragraph 7 of this Agreement, the Company has the right and power to deduct or withhold, or require the Employee to remit to the Company, an amount sufficient to satisfy all applicable tax withholding requirements with respect to such distributed shares. The Company may permit or require the Employee to satisfy all or part of the tax withholding obligations in connection with this Agreement by (a) h...aving the Company withhold otherwise distributable shares, or (b) delivering to the Company shares of Company Common Stock already owned for a period of at least six months (or such longer or shorter period as may be required to avoid a charge to earnings for financial accounting purposes), in each case having a value equal to the amount to be withheld, which shall not exceed the amount determined by the maximum applicable minimum statutory tax withholding rate (or such other rate as will not result in the Employee's applicable jurisdictions, including of employment and residence. a negative accounting impact). For these purposes, the value of the shares of Common Stock to be withheld or delivered will be equal to the Fair Market Value as of the date that the taxes are required to be withheld. View More