Withholding Clause Example with 21 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 shall be required to pay to the Employer, or make other arrangements satisfactory to the Employer to provide for the payment of, any federal, state, local or other taxes that the Employer is required to withhold with respect to the grant, vesting and distribution of the Performance Units and dividend equivalents. Any tax withholding obligation of the Employer with respect to the distribution of shares of Company Stock pursuant to the Performance Units that are earned by the Parti...cipant under this Grant may, at the Committee's discretion, be satisfied by having shares of Company Stock withheld up to an amount that does not exceed the minimum applicable withholding tax rate for federal (including FICA), state, local and other tax liabilities. View More
Found in American Water Works Company Inc contract

Variations of a "Withholding" Clause from Business Contracts

Withholding. The Participant shall be required to pay to the Employer, or make other arrangements satisfactory to the Employer to provide for the payment of, any federal, state, local or other taxes that the Employer is required to withhold with respect to the grant, vesting and distribution redemption of the Performance Restricted Stock Units and payment of dividend equivalents. Any tax withholding obligation of the Employer with respect to the distribution redemption of shares of Company the Restricted Sto...ck pursuant to the Performance Units that are earned by the Participant under this Grant may, at the Committee's discretion, be satisfied by having shares of Company Stock withheld withheld, up to an amount that does not exceed the minimum applicable withholding tax rate for federal (including FICA), state, local and other tax liabilities. 6 16. Effect on Other Benefits. The value of shares of Company Stock and dividend equivalents distributed with respect to the Restricted Stock Units shall not be considered eligible earnings for purposes of any other plans maintained by the Company or the Employer. Neither shall such value be considered part of the Participant's compensation for purposes of determining or calculating other benefits that are based on compensation, such as life insurance. View More
Found in American Water Works Company Inc contract
Withholding. The Participant shall be required to pay to the Employer, or make other arrangements satisfactory to the Employer to provide for the payment of, any federal, state, local or other taxes that the Employer is required to withhold with respect to the grant, vesting and distribution redemption of the Performance Restricted Stock Units and payment of dividend equivalents. Any tax withholding obligation of the Employer with respect to the distribution redemption of shares of Company the Restricted Sto...ck pursuant to the Performance Units that are earned by the Participant under this Grant may, at the Committee's discretion, be satisfied by having shares of Company Stock withheld withheld, up to an amount that does not exceed the minimum applicable withholding tax rate for federal (including FICA), state, local and other tax liabilities. 5 16. Effect on Other Benefits. The value of shares of Company Stock and dividend equivalents distributed with respect to the Restricted Stock Units shall not be considered eligible earnings for purposes of any other plans maintained by the Company or the Employer. Neither shall such value be considered part of the Participant's compensation for purposes of determining or calculating other benefits that are based on compensation, such as life insurance. View More
Found in American Water Works Company Inc contract
Withholding. The Participant Grantee shall be required to pay to the Employer, or make other arrangements satisfactory to the Employer Company to provide for the payment of, any federal, state, local or other taxes that the Employer Company is required to withhold with respect to the grant, vesting and distribution redemption of the Performance Stock Units and dividend equivalents. Any Subject to Committee approval, the Grantee may elect to satisfy any tax withholding obligation of the Employer with respect ...to the distribution of shares of Company Stock pursuant to the Performance Stock Units that are earned by the Participant under this Grant may, at the Committee's discretion, be satisfied and vested by having shares of Company Stock withheld up to an amount that does not exceed the minimum applicable withholding tax rate for federal (including FICA), state, local and other tax liabilities. Notwithstanding anything to the contrary herein or the Plan, until the Grantee has satisfied the Company's withholding obligation with respect to the shares of Company Stock as described in this Paragraph 14, the Grantee shall not have any rights to sell or transfer any shares of Company Stock that have been distributed to the Grantee pursuant to this Agreement. View More
Found in 3 Contracts from MARLIN BUSINESS SERVICES CORP
Withholding. The Participant Grantee shall be required to pay to the Employer, or make other arrangements satisfactory to the Employer to provide for the payment of, any federal, state, local or other taxes that the Employer is required to withhold with respect to the grant, vesting and distribution of the Performance Units and dividend equivalents. Any Subject to Committee approval, the Grantee may elect to satisfy any tax withholding obligation of the Employer with respect to -5- the distribution of shares... of Company Stock pursuant to the Performance Units that are earned by the Participant under this Grant may, at the Committee's discretion, be satisfied by having shares of Company Stock withheld up to an amount that does not exceed the minimum applicable withholding tax rate for federal (including FICA), state, local and other tax liabilities. Notwithstanding anything to the contrary herein or the Plan, until the Grantee has satisfied the Employer's withholding obligation with respect to this Grant, the Grantee shall not have any rights to sell or transfer any shares of Company Stock that have been distributed to the Grantee pursuant to Paragraph 3 above. View More
Found in 3 Contracts from Nutrisystem, Inc.
Withholding. The Participant Grantee shall be required to pay to the Employer, or make other arrangements satisfactory to the Employer to provide for the payment of, any federal, state, local or other taxes that the Employer is required to withhold with respect to the grant, vesting and distribution of the Performance Units and dividend equivalents. Any Subject to Committee approval, the Grantee may elect to satisfy any tax withholding obligation of the Employer with respect to the distribution of shares of ...Company Stock pursuant to the Performance Units that are earned by the Participant under this Grant may, at the Committee's discretion, be satisfied by having shares of Company Stock withheld up to an amount that does not exceed the minimum applicable withholding tax rate for federal (including FICA), state, local and other tax liabilities. Notwithstanding anything to the contrary herein or the Plan, until the Grantee has satisfied the Employer's withholding obligation with respect to this Grant, the Grantee shall not have any rights to sell or transfer any shares of Company Stock that have been distributed to the Grantee pursuant to Paragraph 3 above. View More
Found in 2 Contracts from Nutrisystem, Inc.
Withholding. The Participant shall be required to pay to the Employer, or make other arrangements satisfactory to the Employer to provide for the payment of, any federal, state, local 5 or other taxes that the Employer is required to withhold with respect to the grant, vesting and distribution redemption of the Performance Restricted Stock Units and payment of dividend equivalents. Any tax withholding obligation of the Employer with respect to the distribution redemption of shares of Company the Restricted S...tock pursuant to the Performance Units that are earned by the Participant under this Grant may, at the Committee's discretion, be satisfied by having shares of Company Stock withheld withheld, up to an amount that does not exceed the minimum applicable withholding tax rate for federal (including FICA), state, local and other tax liabilities. View More
Found in American Water Works Company Inc contract
Withholding. The Participant shall be required to pay to the Employer, or make other arrangements satisfactory to the Employer to provide for the payment of, any federal, state, local 6 or other taxes that the Employer is required to withhold with respect to the grant, vesting and distribution redemption of the Performance Restricted Stock Units and payment of dividend equivalents. Any tax withholding obligation of the Employer with respect to the distribution redemption of shares of Company the Restricted S...tock pursuant to the Performance Units that are earned by the Participant under this Grant may, at the Committee's discretion, be satisfied by having shares of Company Stock withheld withheld, up to an amount that does not exceed the minimum applicable withholding tax rate for federal (including FICA), state, local and other tax liabilities. View More
Found in American Water Works Company Inc contract
Withholding. The Participant shall be required to pay to the Employer, or make other arrangements satisfactory to the Employer to provide for the payment of, any federal, state, local or other taxes that the Employer is required to withhold with respect to the grant, vesting and distribution redemption of the Performance Restricted Stock Units and payment of dividend equivalents. Any tax withholding obligation of the Employer with respect to the distribution redemption of shares of Company the Restricted Sto...ck pursuant to the Performance Units that are earned by the Participant under this Grant may, at the Committee's discretion, be satisfied by having shares of Company Stock withheld withheld, up to an amount 5 that does not exceed the minimum applicable withholding tax rate for federal (including FICA), state, local and other tax liabilities. View More
Found in American Water Works Company Inc contract
Withholding. The Participant shall be required to pay to the Employer, or make other arrangements satisfactory to the Employer to provide for the payment of, any federal, state, local or other taxes that the Employer is required to withhold with respect to the grant, vesting and distribution of the Performance Stock Units and dividend equivalents. Any Subject to Committee approval, the Participant may elect to satisfy any tax withholding obligation of the Employer with respect to the distribution of shares o...f Company Stock pursuant to the Performance Stock Units that are earned by the Participant under this Grant may, at the Committee's discretion, be satisfied and vested by having shares of Company Stock withheld up to an amount that does not exceed the minimum applicable withholding tax rate for federal (including FICA), state, local and other tax liabilities. Notwithstanding anything to the contrary herein or the Plan, until the Participant has satisfied the Employer's withholding obligation with respect to the shares of Company Stock as described in this Paragraph 14, the Participant shall not have any rights to sell or transfer any shares of Company Stock that have been distributed to the Participant pursuant to Paragraph 5. View More
Found in MARLIN BUSINESS SERVICES CORP contract
Withholding. The Participant shall be required to pay to the Employer, or make other arrangements satisfactory to the Employer to provide for the payment of, any federal, state, local or other taxes that the Employer is required to withhold with respect to the grant, vesting and distribution redemption of the Performance Restricted Stock Units and payment of dividend equivalents. Any tax withholding obligation of the Employer with respect to the distribution redemption of shares of Company the Restricted Sto...ck pursuant to the Performance Units that are earned by the Participant under this Grant may, at the Committee's discretion, be satisfied by having shares of Company Stock withheld withheld, up to an amount that does not exceed the minimum applicable withholding tax rate for federal (including FICA), state, local and other tax liabilities. View More
Found in 13 Contracts from American Water Works Company Inc