Grouped Into 206 Collections of Similar Clauses From Business Contracts
This page contains Withholding clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Withholding. (a) The Corporation shall have the right to deduct from payments of any kind otherwise due to the optionee or holder of Restricted Shares or Restricted Stock Units any federal, state or local taxes of any kind required by law to be withheld with respect to any shares issued upon exercise of options or lapse of restrictions on Restricted Shares or Restricted Stock Units under the Plan. Subject to the prior approval of the Corporation, which may be withheld by the Corporation in its sole discretio...n, the optionee or holder of Restricted Shares or Restricted Stock Units may elect to satisfy such obligations, in whole or in part, (i) by causing the Corporation to withhold shares of Common Stock otherwise issuable pursuant to the exercise of an option or lapse of restrictions on Restricted Shares or Restricted Stock Units or (ii) by delivering to the Corporation shares of Common Stock already owned by the optionee or holder of Restricted Shares or Restricted Stock Units. The shares so delivered or withheld shall have a Fair Market Value equal to such withholding obligation as of the date that the amount of tax to be withheld is to be determined. An optionee who has made an election pursuant to this Section 22(a) may satisfy his or her withholding obligation only with shares of Common Stock which are not subject to any repurchase, forfeiture, unfulfilled vesting or other similar requirements. (b) The acceptance of shares of Common Stock upon exercise of an Incentive Stock Option shall constitute an agreement by the optionee (i) to notify the Corporation if any or all of such shares are disposed of by the optionee within two years from the date the option was granted or within one year from the date the shares were transferred to the optionee pursuant to the exercise of the option, and (ii) if required by law, to remit to the Corporation, at the time of and in the case of any such disposition, an amount sufficient to satisfy the Corporation's federal, state and local withholding tax obligations with respect to such disposition, whether or not, as to both (i) and (ii), the optionee is in the employ of the Corporation at the time of such disposition. (c) Notwithstanding the foregoing, in the case of a Reporting Person whose options have been granted in accordance with the provisions of Section 3(b) herein, no election to use shares for the payment of withholding taxes shall be effective unless made in compliance with any applicable requirements of Rule 16b-3.View More
Withholding. (a) General. The Corporation Corporation, shall have the right to deduct from payments of any kind otherwise due to the optionee or holder of Restricted Shares or Restricted Stock Units a Participant any federal, state or local taxes of any kind required by law to be withheld with respect to any shares issued upon exercise of options or lapse of restrictions on Restricted Shares or Restricted Stock Units under the Plan. Subject to the prior approval of the Corporation, which may be withheld by t...he Corporation in its sole discretion, the optionee or holder of Restricted Shares or Restricted Stock Units such Participant may elect to satisfy such obligations, in whole or in part, (i) by causing the Corporation to withhold shares of Common Stock otherwise issuable pursuant to the exercise of an option or lapse of restrictions on Restricted Shares or Restricted Stock Units Shares, or (ii) by delivering to the Corporation shares of Common Stock already owned by the optionee Participant or holder of Restricted Shares or Restricted Stock Units. Participant. The shares so delivered or withheld shall have a Fair Market Value equal to such withholding obligation as of the date that the amount of tax to be withheld is to be determined. An optionee A Participant who has made an election pursuant to this Section 22(a) 24(a) may satisfy his or her withholding obligation only with shares of Common Stock which are not subject to any repurchase, forfeiture, unfulfilled vesting or other similar requirements. (b) Incentive Stock Options. The acceptance of shares of Common Stock upon exercise of an Incentive Stock Option shall constitute an agreement by the optionee Participant: (i) to notify the Corporation if any or all of such shares are disposed of by the optionee such Participant within two (2) years from the date the option was granted or within one (1) year from the date the shares were transferred to the optionee such Participant pursuant to the exercise of the option, and (ii) if required by law, to remit to the Corporation, at the time of and in the case of any such disposition, an amount sufficient to satisfy the Corporation's federal, state and local withholding tax obligations with respect to such disposition, whether or not, as to both (i) and (ii), the optionee such Participant is in the employ of employed by the Corporation at the time of such disposition. (c) Reporting Persons. Notwithstanding the foregoing, in the case of a Reporting Person whose options have been granted in accordance with the provisions of Section 3(b) herein, no election to use shares for the payment of withholding taxes shall be effective unless made in compliance with any applicable requirements of Rule 16b-3. View More
Withholding. Distributions pursuant to this Plan shall be subject to all applicable taxes and contributions required by law to be withheld in accordance with procedures established by the Company, and all other authorized deductions.
Withholding. Distributions pursuant to this Plan shall be subject to all applicable taxes and contributions required by law to be withheld in accordance with procedures established by the Company, and all other authorized deductions. Company.
Withholding. The Company is authorized to withhold, or to cause to be withheld, from any payment or benefit under the Agreement the full amount of any applicable withholding taxes.
Withholding. The Company is authorized to withhold, or to cause to be withheld, from any payment or benefit under the this Agreement the full amount of any applicable withholding taxes.
Withholding. All Awards and distributions under the Plan, including this Award and any distribution in respect of this Award, are subject to withholding of all applicable taxes, and the delivery of any cash or other benefits under the Plan or this Award is conditioned on satisfaction of the applicable tax withholding obligations. Such withholding obligations may be satisfied, at the Participant's election, (a) through cash payment by the Participant, (b) through the surrender of shares of Common Stock that t...he Participant already owns, or (c) through the surrender of shares of Common Stock to which the Participant is otherwise entitled under the Plan; provided, however, that any withholding obligations with respect to any Participant shall be satisfied by the method set forth in subparagraph (c) of this Paragraph 4 unless the Participant otherwise elects in accordance with this Paragraph 4; and provided further that any withholding with respect to payments of Dividend Cash Amounts shall be satisfied by the method set forth in subparagraph (a) of this Paragraph 4. The amount withheld in the form of shares of Common Stock under this Paragraph 4 may not exceed the minimum statutory withholding obligation (based on the minimum statutory withholding rates for Federal and state purposes, including, without limitation, payroll taxes) unless otherwise elected by the Participant, in no event shall the Participant be permitted to elect less than the minimum statutory withholding obligation, and in no event shall the Participant be permitted to elect to have an amount withheld in the form of shares of Common Stock pursuant to this Paragraph 4 that exceeds the maximum individual tax rate for the employee in applicable jurisdictions.View More
Withholding. All Awards and distributions under the Plan, including this Award and any distribution in respect of this Award, are subject to withholding of all applicable taxes, and the delivery of any cash or other benefits under the Plan or this Award is conditioned on satisfaction of the applicable tax withholding obligations. Such withholding obligations may be satisfied, at the Participant's election, (a) through cash payment by the Participant, (b) through the surrender of shares of Common Stock that t...he Participant already owns, or (c) through the surrender of shares of Common Stock to which the Participant is otherwise entitled under the Plan; provided, however, that any withholding obligations with respect to any Participant shall be satisfied by the method set forth in subparagraph (c) of this Paragraph 4 5 unless the Participant otherwise elects in accordance with this Paragraph 4; and provided further that any withholding with respect to payments of Dividend Cash Amounts shall be satisfied by the method set forth in subparagraph (a) of this Paragraph 4. 5. The amount withheld in the form of shares of Common Stock under this Paragraph 4 5 may not exceed the minimum statutory withholding obligation (based on the minimum statutory withholding rates for Federal and state purposes, including, without limitation, payroll taxes) unless otherwise elected by the Participant, in no event shall the Participant be permitted to elect less than the minimum statutory withholding obligation, and in no event shall the Participant be permitted to elect to have an amount withheld in the form of shares of Common Stock pursuant to this Paragraph 4 5 that exceeds the maximum individual tax rate for the employee in applicable jurisdictions. View More
Withholding. No issuance of vested Units shall occur or be made pursuant to this Agreement until the Participant has paid or made arrangements approved by the Committee to satisfy all the Participant's federal, state and other governmental withholding tax obligations. For purposes of this Section, unless the Participant makes other arrangements or is subsequently notified to the contrary, the Partnership or applicable Affiliate will satisfy the Participant's obligations with respect to any tax withholding by... withholding or repurchasing a number of vested Units having a then-Fair Market Value equal to such tax withholding obligations. With the consent of the Committee, the Participant may elect to have the Company withhold or purchase, as applicable, from Restricted Units that would otherwise vest or with respect to which an election under Section 83(b) of the Code has been made a number of Restricted Units with a Fair Market Value equal to the product of the maximum federal marginal rate that could be applicable to the Participant and the Fair Market Value of the Restricted Units otherwise vesting or delivered, as applicable.View More
Withholding. No issuance of vested Units shall occur or be made pursuant to this Agreement until the Participant has paid or made arrangements approved by the Committee to satisfy all the Participant's federal, state and other governmental withholding tax obligations. For purposes of this Section, unless the Participant makes other arrangements or is subsequently notified to the contrary, the Partnership or applicable Affiliate will satisfy the Participant's obligations with respect to any tax withholding by... withholding or repurchasing a number of vested Units having a then-Fair Market Value equal to such tax withholding obligations. With the consent of the Committee, the Participant may elect to have the Company withhold or purchase, as applicable, from Restricted Units that would otherwise vest or with respect to which an election under Section 83(b) of the Code has been made a number of Restricted Units with a Fair Market Value equal to the product of the maximum federal marginal rate that could be applicable to the Participant and the Fair Market Value of the Restricted Units otherwise vesting or delivered, as applicable. 2 8. No Guarantee of Continuous Service. No provision of this Agreement shall confer any right upon the Participant to Continuous Service. View More
Withholding. All distributions on the exercise of the Option are subject to withholding of all applicable taxes. The method for withholding shall be as provided in Section 6 above, unless the Tiffany & Co. 2014 Employee Incentive Plan, Option Terms, January 17, 2018 2 EXHIBIT 10.26s Committee approves other methods of withholding, as provided for in the Plan, before the Option is exercised.
Withholding. All distributions on the exercise of the Option are subject to withholding of all applicable taxes. The method for withholding shall be as provided in Section 6 paragraph 7 above, unless the Tiffany & Co. 2014 Employee Incentive Plan, Option Terms, January 17, 2018 2 EXHIBIT 10.26s 19, 20172 Committee approves other methods of withholding, as provided for in the Plan, before the Option is exercised.
Withholding. All distributions under the Plan, including any distribution in respect of this Award, are subject to withholding of all applicable taxes, and the delivery of any shares or other benefits under the Plan or this Award is conditioned on satisfaction of the applicable tax withholding obligations. Except as otherwise provided by the Committee, such withholding obligations may be satisfied, at the Participant's election, (a) through cash payment by the Participant, (b) through the surrender of shares... of Common Stock which the Participant already owns, or (c) through the surrender of shares of Common Stock to which the Participant is otherwise entitled under the Plan; provided, however, that (i) the amount withheld in the form of shares of Common Stock under this Paragraph 3 may not exceed the minimum statutory withholding obligation (based on the minimum statutory withholding rates for Federal and state purposes, including, without limitation, payroll taxes) unless otherwise elected by the Participant, (ii) in no event shall the Participant be permitted to elect less than the minimum statutory withholding obligation, and (iii) in no event shall the Participant be permitted to elect to have an amount withheld in the form of shares of Common Stock pursuant to this Paragraph 3 that exceeds the maximum individual tax rate for the employee in applicable jurisdictions. If the Participant makes an election in accordance with Section 83(b) of the Code to be taxed on the Restricted Shares in the year in which the Grant Date occurs, he or she must so notify the Company in writing, file the election with the Internal Revenue Service within thirty (30) days after the Grant Date, and promptly pay the Company the amount it determines is needed to satisfy tax withholding requirements.4. Administration. The authority to administer and interpret this Award Agreement shall be vested in the Committee, and the Committee shall have all powers with respect to the Award and the Award Agreement as it has with respect to the Plan. Any interpretation of this Award or this Award Agreement by the Committee and any decision made by it with respect to the Award or the Award Agreement is final and binding on all persons. 3 5. Adjustment of Award. The number of Restricted Shares awarded pursuant to this Award Agreement may be adjusted by the Committee in accordance with the terms of the Plan to reflect certain corporate transactions which affect the number, type or value of the Restricted Shares. The Participant agrees that the term Restricted Shares shall include any shares or other securities which the Participant may receive or be entitled to receive as a result of the ownership of the original Restricted Shares (other than shares attributable to dividends on the Restricted Shares that are reinvested in additional restricted shares as described herein), whether they are issued as a result of a share split, recapitalization, or other subdivision or consolidation of shares effected without receipt of consideration by the Company or the result of the merger or consolidation of the Company, or sale of assets of the Company.View More
Withholding. All distributions under the Plan, including any distribution in respect of this Award, are subject to withholding of all applicable taxes, and the delivery of any shares or other benefits under the Plan or this Award is conditioned on satisfaction of the applicable tax withholding obligations. Except as otherwise provided by the Committee, such withholding obligations may be satisfied, at the Participant's election, (a) through cash payment by the Participant, (b) through the surrender of shares... of Common Stock which the Participant already owns, or (c) through the surrender of shares of Common Stock to which the Participant is otherwise entitled under the Plan; provided, however, that (i) the amount withheld in the form of shares of Common Stock under this Paragraph 3 subparagraph (c) may be used to satisfy not exceed more than the Company's minimum statutory withholding obligation (based on the minimum statutory withholding rates for Federal and state tax purposes, including, including without limitation, limitation payroll taxes) unless otherwise elected taxes, that are applicable to such supplemental taxable income). The Company shall have the right to deduct from this Award shares sufficient to satisfy any tax withholdings required by the Participant, (ii) in no event shall the Participant be permitted to elect less than the minimum statutory withholding obligation, and (iii) in no event shall the Participant be permitted to elect to have an amount withheld in the form of shares of Common Stock pursuant to this Paragraph 3 that exceeds the maximum individual tax rate for the employee in applicable jurisdictions. law. If the Participant makes an election in accordance with Section 83(b) of the Code to be taxed on the Restricted Shares in the year in which the Grant Date occurs, he or she must so notify the Company in writing, file the election with the Internal Revenue Service within thirty (30) days after the Grant Date, and promptly pay the Company the amount it determines is needed to satisfy tax withholding requirements.4. requirements. 2 4. Administration. The authority to administer manage and interpret control the operation and administration of this Award Agreement shall be vested in the Committee, and the Committee shall have all powers with respect to the Award and the this Award Agreement as it has with respect to the Plan. Any interpretation of this the Award or this Award Agreement by the Committee and any decision made by it with respect to the Award or the Award Agreement is final and binding on all persons. 3 5. Adjustment of Award. The number of Restricted Shares awarded pursuant to this Award Agreement may be adjusted by the Committee in accordance with the terms of the Plan to reflect certain corporate transactions which affect the number, type or value of the Restricted Shares. The Participant agrees that the term Restricted Shares shall include any shares or other securities which the Participant may receive or be entitled to receive as a result of the ownership of the original Restricted Shares (other than shares attributable to dividends on the Restricted Shares that are reinvested in additional restricted shares as described herein), whether they are issued as a result of a share split, recapitalization, or other subdivision or consolidation of shares effected without receipt of consideration by the Company or the result of the merger or consolidation of the Company, or sale of assets of the Company.View More
Withholding. All payments hereunder shall be subject to any required withholding of federal, state and local taxes pursuant to any applicable law or regulation. Unless otherwise expressly provided, the Company shall not be required to reimburse Executive for any adverse tax consequences for associated with any payment or reimbursement hereunder.
Withholding. All payments hereunder shall be subject to any required withholding of federal, Federal, state and local taxes pursuant to any applicable law or regulation. Unless otherwise expressly 20 provided, the Company shall not be required to reimburse Executive for any adverse tax consequences for associated with any payment or reimbursement hereunder.
Withholding. Distributions pursuant to this Plan shall be subject to any applicable tax withholding requirements (federal, state, local, and foreign). 9 15. No Guarantee of Employment. No statement in this Plan should be construed to grant any employee an employment contract of fixed duration or any other contractual rights, nor should this Plan be interpreted as creating an implied or an expressed contract of employment or any other contractual rights between the Company and its employees.
Withholding. Distributions pursuant to this Plan shall be subject to any applicable tax withholding requirements (federal, state, local, local and foreign). 9 15. No foreign).16.No Guarantee of Employment. No statement in this Plan should be construed to grant any employee an employment contract of fixed duration or any other contractual rights, nor should this Plan be interpreted as creating an implied or an expressed contract of employment or any other contractual rights between the Company and its employe...es. View More