Withholding Contract Clauses (4,354)

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. The Company will withhold from any Severance Benefits all federal, state, local and other taxes required to be withheld therefrom and any other required payroll deductions.
Withholding. The Company or an Affiliate will withhold from any Severance Benefits all federal, state, local and other taxes required to be withheld therefrom and any other required payroll deductions.
Withholding. The Company will withhold from any Severance Benefits or Change in Control Severance Benefits all federal, state, local and other taxes required to be withheld therefrom and any other required payroll deductions.
Withholding. The Company will withhold from any Change in Control Severance Benefits all federal, state, local and other taxes required to be withheld therefrom and any other required payroll deductions.
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Withholding. All payments or distributions of Benefits made pursuant to the Plan shall be net of any amounts required to be withheld pursuant to applicable federal, state and local tax withholding requirements. If the Company proposes or is required to distribute Common Stock pursuant to the Plan, it may require the recipient to remit to it or to the corporation that employs such recipient an amount sufficient to satisfy such tax withholding requirements prior to the delivery of any certificates for such Com...mon Stock. In lieu thereof, the Company or the employing corporation shall have the right to withhold the amount of such taxes from any other sums due or to become due from such corporation to the recipient as the Committee shall prescribe. The Committee may, in its discretion and subject to such rules as it may adopt (including any as may be required to satisfy applicable tax and/or non-tax regulatory requirements), permit or require a participant to pay all or a portion of the federal, state and local withholding taxes arising in connection with any Benefit consisting of shares of Common Stock by having the Company withhold shares of Common Stock having a Fair Market Value equal to the amount of tax to be withheld, or permit a participant to pay such withholding taxes by tendering shares of Common Stock held by the participant. Unless the Committee determines otherwise, share withholding for taxes shall not exceed the participant's minimum applicable tax withholding amount. View More
Withholding. All payments or distributions of Benefits made pursuant to the Plan shall be net of any amounts required to be withheld pursuant to applicable federal, state and local tax withholding requirements. If the Company proposes or is required to distribute Common Stock pursuant to the Plan, it may require the recipient to remit to it or to the corporation that employs such recipient an amount sufficient to satisfy such tax withholding requirements prior to the delivery of any certificates for such Com...mon Stock. In lieu thereof, the Company or the employing corporation shall have the right to withhold the amount of such taxes from any other sums due or to become due from such corporation to the recipient as the Committee shall prescribe. The Committee may, in its discretion and subject to such rules as it may adopt (including any as may be required to satisfy applicable tax and/or non-tax regulatory requirements), permit an optionee or require a participant award or right holder to pay all or a portion of the federal, state and local withholding taxes arising in connection with any Benefit consisting of shares of Common Stock by having electing to have the Company withhold shares of Common Stock having a Fair Market Value equal to the amount of tax to be withheld, such tax calculated at rates required by statute or permit regulation. 11 20. Tenure. A participant's right, if any, to continue to serve the Company or any of its subsidiaries or affiliates as an officer, employee, or otherwise, shall not be enlarged or otherwise affected by his or her designation as a participant to pay such withholding taxes by tendering shares of Common Stock held by under the participant. Unless the Committee determines otherwise, share withholding for taxes shall not exceed the participant's minimum applicable tax withholding amount. Plan. View More
Withholding. All payments or distributions of Benefits made pursuant to the Plan shall be net of any amounts required to be withheld pursuant to applicable federal, state and local tax withholding requirements. If the Company proposes or is required to distribute Common Stock pursuant to the Plan, it may require the recipient to remit to it or to the corporation that employs such recipient an amount sufficient to satisfy such tax withholding requirements prior to the delivery of any certificates for such Com...mon Stock. In lieu thereof, the Company or the employing corporation shall have the right to withhold the amount of such taxes from any other sums due or to become due from such corporation to the recipient as the Committee shall prescribe. The Committee may, in its discretion and subject to such rules as it may adopt (including any as may be required to satisfy applicable tax and/or non-tax regulatory requirements), permit an optionee or require a participant award or right holder to pay all or a portion of the federal, state and local withholding taxes arising in connection with any Benefit consisting of shares of Common Stock by having electing to have the Company withhold shares of Common Stock having a Fair Market Value equal to the amount of tax to be withheld, such tax calculated at rates required by statute or permit regulation. 11 20. Tenure. A participant's right, if any, to continue to serve the Company or any of its subsidiaries or affiliates as an officer, employee, or otherwise, shall not be enlarged or otherwise affected by his or her designation as a participant to pay such withholding taxes by tendering shares of Common Stock held by under the participant. Unless the Committee determines otherwise, share withholding for taxes shall not exceed the participant's minimum applicable tax withholding amount. Plan. View More
Withholding. All payments or distributions of Benefits made pursuant with respect to the Plan an Award shall be net of any amounts required to be withheld pursuant to applicable federal, state and local tax withholding requirements. If the The Company proposes or is required to distribute Common Stock pursuant to the Plan, it may require the recipient a Participant to remit to it or to the corporation subsidiary that employs such recipient a Participant an amount sufficient to satisfy such tax withholding re...quirements prior to the delivery of any certificates for such Common Stock. In lieu thereof, the Company or the employing corporation shall have the right to withhold the amount of such taxes from any other sums due or to become due from such corporation to the recipient Participant as the Committee Company shall prescribe. The Committee may, in its discretion and subject to such rules as it may adopt (including any as may be required to satisfy applicable tax and/or non-tax regulatory requirements), adopt, permit or require a participant Participant to pay all or a portion of the federal, state and local withholding taxes arising in connection with any Benefit consisting of shares of Common Stock Award by having electing to have the Company withhold shares of Common Stock having a Fair Market Value equal to that is not in excess of the amount of tax to be withheld, or permit a participant to pay such withholding taxes by tendering shares of Common Stock held by the participant. Unless the Committee determines otherwise, share withholding for taxes shall not exceed the participant's minimum applicable tax withholding amount. withheld. View More
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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
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
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
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
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Withholding. The Participant agrees to remit to the Company any foreign, Federal, state and/or local taxes (including the Participant's FICA tax obligation) required by law to be withheld with respect to the Units or the issuance of Shares under this Award. The Company can delay the issuance of Shares or can withhold from cash or property, including cash or Shares under this Award, payable or issuable to the Participant, in the amount needed to satisfy any withholding obligations; provided that, to the exten...t Shares are withheld to satisfy taxes, the amount to be withheld may not exceed the total maximum statutory tax withholding obligations associated with the transaction to the extent needed for the Company and its Subsidiaries to avoid an accounting charge. Notwithstanding anything to the contrary in this Award, if the Company or any Affiliate of the Company is required to withhold any Federal, state or local taxes or other amounts in connection with the Award, then the Company may require the Participant to pay to the Company, in cash, promptly on demand, amounts sufficient to satisfy such tax obligations or make other arrangements satisfactory to the Company regarding the payment to the Company of the aggregate amount of any such taxes and other amounts. View More
Withholding. The Participant agrees to remit to the Company any foreign, Federal, state and/or local taxes (including the Participant's FICA tax obligation) required by law to be withheld with respect to the Units or the issuance of Shares under this Award. The Company can delay Award, the issuance vesting of Shares this Award or can withhold from the payment of cash or property, including cash or Shares under this Award, payable or issuable to the Participant, in the amount needed to satisfy any withholding... obligations; provided that, to the extent Shares are withheld to satisfy taxes, the amount to be withheld may not exceed the total maximum statutory tax withholding obligations associated with the transaction to the extent needed for the Company and its Subsidiaries to avoid an accounting charge. Award. Notwithstanding anything to the contrary in this Award, if the Company or any Affiliate of the Company is required to withhold any Federal, state or local taxes or other amounts in connection with the Award, then the Company may require the Participant to pay to the Company, in cash, promptly on demand, amounts sufficient to satisfy such tax obligations or make other arrangements satisfactory to the Company regarding the payment to the Company of the aggregate amount of any such taxes and other amounts. Alternatively, the Company can withhold Shares no longer restricted, or can withhold from cash or property, including cash or Shares under this Award, payable or issuable to the Participant, in the amount needed to satisfy any withholding obligations; provided that, to the extent Shares are withheld to satisfy taxes, the amount to be withheld may not exceed the total maximum statutory tax withholding obligations associated with the transaction. Notwithstanding the foregoing, with respect to a Participant who is a Reporting Person, if the payment hereunder is to be made in the form of Shares, then any withholding obligations shall be satisfied by the Company withholding Shares otherwise issuable under this Award unless the Committee approves an alternative method by which the Participant shall pay such withholding taxes. View More
Withholding. The Participant agrees to remit to the Company any foreign, Federal, U.S. federal, state and/or local taxes (including the Participant's FICA tax obligation) required by law to be withheld with respect to the Units or the issuance of Shares under this Award, the vesting of this Award or the payment of cash under this Award. The Unless the Company can delay otherwise determines, the issuance of Shares or can withhold Company will satisfy any withholding obligations in connection with this Award b...y withholding from cash or property, including cash or Shares under this Award, otherwise payable or issuable to the Participant, under this Award in the amount needed to satisfy any withholding obligations; provided that, to in the extent Shares are withheld to satisfy taxes, case of Shares, the amount to be withheld may not exceed the total maximum statutory tax withholding obligations rates associated with the transaction to the extent needed for the Company and its Subsidiaries to avoid an accounting charge. Notwithstanding anything to the contrary in this Award, if the Company or any Affiliate of the Company is required to withhold any Federal, state or local taxes or other amounts in connection with the Award, then transaction. Alternatively, the Company may require the Participant to pay to the Company, in cash, promptly on demand, amounts sufficient to satisfy such tax obligations or make other arrangements satisfactory to the Company regarding the payment to the Company of the aggregate amount of any such taxes and 4 tax obligations, or the Company may withhold from cash or other amounts. property, payable or issuable to the Participant or from Shares no longer subject to restrictions in the amount needed to satisfy any withholding obligations. View More
Withholding. The Participant agrees to remit to the Company any foreign, Federal, state and/or local taxes (including the Participant's FICA tax obligation) required by law to be withheld with respect to the Units or the issuance of Shares under this Award. The Company can delay Award, the issuance vesting of Shares this Award or can withhold from the payment of cash or property, including cash or Shares under this Award, payable or issuable to the Participant, in the amount needed to satisfy any withholding... obligations; provided that, to the extent Shares are withheld to satisfy taxes, the amount to be withheld may not exceed the total maximum statutory tax withholding obligations associated with the transaction to the extent needed for the Company and its Subsidiaries to avoid an accounting charge. Award. Notwithstanding anything to the contrary in this Award, if the Company or any Affiliate of the Company is required to withhold any Federal, state or local taxes or other amounts in connection with the Award, then the Company may require the Participant to pay to the Company, in cash, promptly on demand, amounts sufficient to satisfy such tax obligations or make other arrangements satisfactory to the Company regarding the payment to the Company of the aggregate amount of any such taxes and other amounts. Alternatively, the Company can withhold Shares no longer restricted, or can withhold from cash or property, including cash or Shares under this Award, payable or issuable to the Participant, in the amount needed to satisfy any withholding obligations; provided that, in the case of Shares, the amount withheld may not exceed the Participant's minimum withholding obligations. View More
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Withholding. Notwithstanding any other provision of this Agreement, the Company may withhold from amounts payable under this Agreement all federal, state, local and foreign taxes that are required to be withheld by applicable laws or regulations.
Withholding. Notwithstanding any other provision of this Agreement, the Company Corporation may withhold from amounts payable under this Agreement all federal, state, local and foreign taxes that are required to be withheld by applicable laws or regulations.
Withholding. Notwithstanding any other provision of this Agreement, the Company L3Harris may withhold from amounts payable under this Agreement all amounts that are required or authorized to be withheld, including, but not limited to, federal, state, local and foreign taxes that are required to be withheld by applicable laws or regulations.
Withholding. Notwithstanding any other provision of this Agreement, the Company Employer may withhold from amounts payable under this Agreement all federal, state, local and foreign taxes that are required to be withheld by applicable laws or regulations.
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Withholding. The Company or any Parent or Subsidiary shall have the right and is hereby authorized to withhold, any applicable withholding taxes in respect of the Performance Share Units awarded by this Agreement, their grant, vesting or otherwise, and to take such other action as may be necessary in the opinion of the Company to satisfy all obligations for the payment of such withholding taxes, which may include, without limitation, reducing the number of shares otherwise distributable to the Participant by... the number of shares of Stock whose Fair Market Value is equal to the amount of tax required to be withheld by the Company or a Parent or Subsidiary as a result of the vesting or settlement or otherwise of the Performance Share Units. View More
Withholding. The Company or any Parent or Subsidiary of its Affiliates shall have the right right, and is hereby authorized authorized, to withhold, withhold any applicable withholding taxes in respect of the Performance Restricted Share Units awarded by this Agreement, their grant, vesting or otherwise, and to take such other action as may be necessary in the opinion of the Company to satisfy all obligations for the payment of such withholding taxes, which may include, without limitation, reducing the numbe...r of shares otherwise distributable to the Participant by the number of shares of Stock Shares whose Fair Market Value is equal to the amount of tax required to be withheld by the Company or a Parent or Subsidiary any of its Affiliates as a result of the vesting or settlement or otherwise of the Performance Restricted Share Units. View More
Withholding. The Company or any Parent or Subsidiary of its Affiliates shall have the right right, and is hereby authorized authorized, to withhold, withhold any applicable withholding taxes in respect of the Performance Restricted Share Units awarded by this Agreement, their grant, vesting or otherwise, and to take such other action as may be necessary in the opinion of the Company to satisfy all obligations for the payment of such withholding taxes, which may include, without limitation, reducing the numbe...r of shares otherwise distributable to the Participant by the number of shares of Stock Shares whose Fair Market Value is equal to the amount of tax required to be withheld by the Company or a Parent or Subsidiary any of its Affiliates as a result of the vesting or settlement or otherwise of the Performance Restricted Share Units. View More
Withholding. The Company or any Parent or Subsidiary shall have the right and is hereby authorized to withhold, any applicable withholding taxes in respect of the Performance Share Restricted Stock Units awarded by this Agreement, their grant, vesting grant or otherwise, and to take such other action as may be necessary in the opinion of the Company to satisfy all obligations for the payment of such withholding taxes, which may include, without limitation, reducing the number of shares otherwise distributabl...e to the Participant by the number of shares of Stock whose Fair Market Value is equal to the amount of tax required to be withheld by the Company or a Parent or Subsidiary as a result of the vesting or settlement or otherwise of the Performance Share Restricted Stock Units. View More
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Withholding. (a) Regardless of any action the Company takes with respect to any or all income tax, payroll tax or other tax-related withholding ("Tax-Related Items"), the Grantee acknowledges that the ultimate liability for all Tax-Related Items owed by the Grantee is and remains the Grantee's responsibility and that the Company (i) makes no representations or undertakings regarding the treatment of any Tax-Related Items in connection with any aspect of the Award, including the grant or vesting of the Units ...or the subsequent sale of shares of Stock acquired upon vesting; and (ii) does not commit to structure the terms of the grant or any aspect of the Award to reduce or eliminate the Grantee's liability for Tax-Related Items. (b) Prior to vesting of the Units, the Grantee shall pay or make adequate arrangements satisfactory to the Company to satisfy all withholding obligations of the Company. In this regard, the Grantee authorizes the Company to withhold all applicable Tax-Related Items legally payable by the Grantee from the Grantee's wages or other cash compensation paid to the Grantee by the Company or from proceeds of the sale of the shares of Stock. Alternatively, or in addition, to the extent permissible under applicable law, the Company may (i) sell or arrange for the sale of shares of Stock that the Grantee acquires to meet the withholding obligation for Tax-Related Items, and/or (ii) withhold in shares of Stock, provided that the Company only withholds the amount of shares of Stock necessary to satisfy the minimum withholding amount. Finally, the Grantee shall pay to the Company any amount of Tax-Related Items that the Company may be required to withhold as a result of the Grantee's participation in the Plan that cannot be satisfied by the means previously described. The Company may refuse to issue and deliver shares of Stock in payment of any earned and vested Units if the Grantee fails to comply with the Grantee's obligations in connection with the Tax-Related Items as described in this Section 4. View More
Withholding. (a) Regardless of any action the Company Company, any of its Subsidiaries and/or the Grantee's employer takes with respect to any or all income tax, social insurance, payroll tax tax, payment on account or other tax-related withholding items related to the Grantee's participation in the Plan and legally applicable to the Grantee ("Tax-Related Items"), the Grantee acknowledges that the ultimate liability for all Tax-Related Items owed by the Grantee is and remains the Grantee's responsibility and... may exceed the amount actually withheld by the Company or any of its affiliates. The Grantee further acknowledges that the Company and/or its Subsidiaries (i) makes make no representations or undertakings regarding the treatment of any Tax-Related Items in connection with any aspect of the Award, including Performance Share Units, including, but not limited to, the grant or vesting of the Units or Performance Share Units, the delivery of Shares, the subsequent sale of shares Shares acquired pursuant to such delivery and the receipt of Stock acquired upon vesting; any dividends and/or dividend equivalents; and (ii) does do not commit to and are under no obligation to structure the terms of the grant or any aspect of the Award award to reduce or eliminate the Grantee's liability for Tax-Related Items. (b) Items or achieve any particular tax result. Further, if the Grantee becomes subject to tax in more than one jurisdiction between the Grant Date and the date of any relevant taxable event, the Grantee acknowledges that the Company and/or its Subsidiaries may be required to withhold or account for Tax-Related Items in more than one jurisdiction. 4 Prior to vesting of the Units, any relevant taxable or tax withholding event, as applicable, the Grantee shall will pay or make adequate arrangements satisfactory to the Company and/or its Subsidiaries to satisfy all withholding obligations of the Company. Tax-Related Items. In this regard, the Grantee authorizes the Company and/or its Subsidiaries, or their respective agents, at their discretion, to withhold satisfy the obligations with regard to all applicable Tax-Related Items legally payable by one or a combination of the Grantee following:  (a)withholding from the Grantee's wages or other cash compensation paid to the Grantee by the Company and/or its Subsidiaries; or (b)withholding from proceeds of the Shares acquired following settlement either through a voluntary sale of the shares of Stock. Alternatively, or in addition, to the extent permissible under applicable law, through a mandatory sale arranged by the Company (on the Grantee's behalf pursuant to this authorization); or (c)withholding in Shares to be delivered upon settlement. To avoid negative accounting treatment, the Company and/or its Subsidiaries may (i) sell withhold or arrange account for Tax-Related Items by considering applicable minimum statutory withholding amounts or other applicable withholding rates. If the sale of shares of Stock that the Grantee acquires to meet the withholding obligation for Tax-Related Items, and/or (ii) withhold Items is satisfied by withholding in shares Shares, for tax purposes, the Grantee is deemed to have been issued the full number of Stock, provided Shares attributable to the awarded Performance Share Units, notwithstanding that a number of Shares are held back solely for the Company only withholds purpose of paying the amount Tax-Related Items due as a result of shares any aspect of Stock necessary to satisfy the minimum withholding amount. Grantee's participation in the Plan.  Finally, the Grantee shall pay to the Company and/or its Subsidiaries any amount of Tax-Related Items that the Company and/or its Subsidiaries may be required to withhold or account for as a result of the Grantee's participation in the Plan that cannot be are not satisfied by the means previously described. The Company may refuse to issue and or deliver shares the Shares or the proceeds of Stock in payment the sale of any earned and vested Units Shares, if the Grantee fails to comply with the Grantee's obligations in connection with the Tax-Related Items. By accepting this grant of Performance Share Units, the Grantee expressly consents to the methods of withholding Tax-Related Items by the Company and/or its subsidiaries as described set forth hereunder, including the withholding of Shares and the withholding from the Grantee's wages/salary or other amounts payable to the Grantee. All other Tax- Related Items related to the Performance Share Units and any Shares delivered in this Section 4. satisfaction thereof are the Grantee's sole responsibility. View More
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Withholding. The Company will withhold from any payments or benefits under the Plan any applicable U.S. federal, state, local and non-U.S. taxes required to be withheld and any other required payroll deductions.
Withholding. The Company will withhold from any payments or benefits under the Plan any Severance Benefits all applicable U.S. federal, state, local and non-U.S. taxes required to be withheld and any other required payroll deductions.
Withholding. The Company will withhold from any payments or benefits under the Plan any Severance Benefits all applicable U.S. federal, state, local and non-U.S. taxes required to be withheld and any other required payroll deductions.
Withholding. The Company will withhold from any payments or benefits under the Plan any Severance Benefits all applicable U.S. federal, state, local and non-U.S. taxes required to be withheld and any other required payroll deductions.
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Withholding. No Shares will be issued pursuant to the exercise of this option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option.
Withholding. No Shares will be issued pursuant to the exercise of this option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state state, provincial or local withholding taxes or any other applicable tax required by law to be withheld in respect of this option.
Withholding. No Shares will be issued pursuant to the exercise of this option the Option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes and any other deductions, in each case, required by law to be withheld in respect of this option. the Option.
Withholding. No Shares will be issued pursuant to the exercise of this stock option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this stock option.
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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 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. 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 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
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