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 may be required to pay to the Company or its Affiliate and the Company or its Affiliate shall have the right and is hereby authorized to withhold from any payment due or transfer made under the Option or under the Plan or from any compensation or other amount owing to a Participant the amount (in cash, Shares, other securities, other Awards or other property) of any applicable withholding taxes in respect of the Option, its exercise, or any payment or transfer under the Option or... under the Plan and to take such action as may be necessary in the option of the Company to satisfy all obligations for the payment of such taxes. View More
Found in Affinia Group Intermediate Holdings Inc. contract

Variations of a "Withholding" Clause from Business Contracts

Withholding. The Participant is ultimately liable and responsible for all taxes owed by the Participant in connection with the SSAR, regardless of any action (by the Company or any Affiliate or any designated agent) with respect to any tax withholding obligations that arise in connection with the SSAR or its exercise. The Participant may be required to pay to the Company or its Affiliate and the Company or its Affiliate shall have the right and is hereby authorized to to, consistent with applicable law, with...hold from any payment due or transfer made under the Option SSARs or under the Plan or from any compensation or other amount owing to a Participant the Participant, the amount (in cash, Shares, other securities, other Awards or other property) of sufficient to satisfy the minimum applicable statutory tax withholding obligation (whether federal, state, international or local), including any applicable employment tax obligation or any other withholding taxes obligation in respect of the Option, its SSARs, their exercise, or any payment or transfer under the Option SSARs or under the Plan and to take such action as may be necessary in at the option of the Company to satisfy all obligations for the payment of such taxes. View More
Found in 3 Contracts from TRW AUTOMOTIVE HOLDINGS CORP
Withholding. The Participant may be required to pay to the Company or its Affiliate and and, unless the Participant elects to pay the Company or its Affiliate separately in cash, the Company shall have the right and is hereby authorized to withhold from any payment due or transfer made under the Option or under the Plan or from any compensation or other amount owing to a Participant the amount (in cash, Shares, other securities, other Awards or other property) of any applicable withholding taxes in respect o...f the Option, its exercise, or any payment or transfer under the Option or under the Plan and to take such action as may be necessary in the option of the Company to satisfy all obligations for the payment of such taxes. Notwithstanding the foregoing, in the case of net share settlement pursuant to Section 4(b)(i), any tax withholding made from the Option Shares shall not be in excess of the minimum amount of tax required to be withheld by law; except as may occur through administrative rounding to the nearest whole share. View More
Found in 2 Contracts from SPECTRUM MANAGEMENT HOLDING COMPANY, LLC
Withholding. The Participant may Optionee shall be required to pay to the Company or its Affiliate and and, unless the Optionee elects to pay the Company or its Affiliate separately in cash, the Company shall have the right and is hereby authorized to withhold from any payment due or transfer made under the Option or under the Plan or from any compensation or other amount owing to a Participant an Optionee the amount (in cash, Shares, other securities, other Awards stock awards or other property) of any appl...icable withholding taxes in respect of the Option, its exercise, or any payment or transfer under the Option or under the Plan and to take such action as may be necessary in the option of the Company to satisfy all obligations for the payment of such taxes. View More
Found in Minerals Technologies Inc contract
Withholding. The Participant is ultimately liable and responsible for all taxes owed by the Participant in connection with the Option, regardless of any action (by the Company or any Affiliate or any designated agent) with respect to any tax withholding obligations that arise in connection with the Option or its exercise. The Participant may be required to pay to the Company or its Affiliate and the Company or its Affiliate shall have the right and is hereby authorized to to, consistent with applicable law, ...withhold from any payment due or transfer made under the Option or under the Plan or from any compensation or other amount owing to a Participant the Participant, the amount (in cash, Shares, other securities, other Awards or other property) of any applicable withholding taxes in respect of the Option, its exercise, or any payment or transfer under the Option or under the Plan and to take such action as may be necessary in at the option of the Company to satisfy all obligations for the payment of such taxes. View More
Found in TRW AUTOMOTIVE HOLDINGS CORP contract
Withholding. The Subject to Section 3(b)(ii), the Participant may be required to pay to the Company or its any Affiliate and the Company or its Affiliate shall have the right and is hereby authorized to withhold from any payment due or transfer made under the Option or under the Plan or from any compensation or other amount owing to a Participant the amount (in cash, Shares, other securities, other Awards securities or other property) of any applicable withholding taxes in respect of the Option, its exercise..., exercise or any payment or transfer under or with respect to the Option or under the Plan and to take such other action as may be necessary in the option opinion of the Company Administrator to satisfy all obligations for the payment of such withholding taxes. View More
Found in El Pollo Loco Holdings, Inc. contract
Withholding. The Subject to Section 3(b)(ii), the Participant may be required to pay to the Company or any of its Affiliate Affiliates and the Company or its Affiliate shall have the right and is hereby authorized to withhold from any payment due or transfer made under the Option or under the Plan or from any fees or compensation or other amount owing to a Participant the amount (in cash, Shares, other securities, other Awards securities or other property) of any applicable withholding taxes in respect of th...e Option, its exercise, exercise or any payment or transfer under or with respect to the Option or under the Plan and to take such other action as may be necessary in the option opinion of the Company Committee to satisfy all obligations for the payment of such withholding taxes. View More
Found in 2 Contracts from Green Bancorp, Inc.