Withholding Clause Example from Business Contracts

This example Withholding clause appears in 3 contracts from 2 companies

Withholding. Participant may be required to pay to the Company or any Affiliate and the Company shall have the right and is hereby authorized to withhold, any applicable withholding taxes in respect of the Restricted Shares, their grant or vesting or any payment or transfer with respect to the Shares at the minimum applicable statutory rates, and to take such action as may be necessary in the opinion of the Committee to satisfy all obligations for the payment of such withholding taxes.
Found in FIRST ADVANTAGE CORP contract
Velocity Financial, LLC Contracts

Form of Restricted Stock Grant and Agreement under the 2020 Omnibus Incentive Plan (Filed With SEC on January 6, 2020)

FIRST ADVANTAGE CORP Contracts

Form of Restricted Stock Award Agreement (Filed With SEC on June 14, 2021)

Form of Restricted Stock Award Agreement under the First Advantage Corporation 2021 Omnibus Incentive Plan (Filed With SEC on August 12, 2021)