Additional Conditions to Receipt Sample Clauses

Additional Conditions to Receipt. The Company may postpone issuing and delivering any PRSU Shares for so long as the Company determines to be advisable to satisfy the following:
AutoNDA by SimpleDocs
Additional Conditions to Receipt. In addition to remaining actively employed by the Company as provided above (or as otherwise provided under Section 4), the Employee must also comply with the following conditions to receive the Retention Bonus:
Additional Conditions to Receipt. The Company may postpone issuing and delivering any RSU Shares for so long as the Company determines to be advisable to satisfy the following: its completing or amending any securities registration or qualification of the RSU Shares or its or your satisfying any exemption from registration under any Federal or state law, rule, or regulation; its receiving proof it considers satisfactory that a person seeking to receive the RSU Shares after your death is entitled to do so; your complying with any requests for representations under the Plan; and your complying with any Federal, state, or local tax withholding obligations.
Additional Conditions to Receipt. The Company may postpone issuing and delivering any Shares for so long as the Company determines to be advisable to satisfy the following: its completing or amending any securities registration or qualification of the Shares or its or your satisfying any exemption from registration under any Federal or state law, rule, or regulation; its receiving proof it considers satisfactory that a person or entity seeking to receive the Shares after your death is entitled to do so; your complying with any requests for representations under the Grant and the Plan; and its or your complying with any federal, state, or local tax withholding obligations. Taxes and Withholding The PSUs provide tax deferral, meaning that they are not taxable to you until you actually receive Shares on or around each Distribution Date. You will then owe taxes at ordinary income tax rates as of each Distribution Date at the Shares’ then value. Unless you determine to satisfy the tax withholding obligation by some other means approved by the Company, the Company will, if permissible under applicable law, withhold from those Shares otherwise issuable to you the whole number of Shares sufficient to satisfy the minimum applicable tax withholding obligation. You acknowledge that the withheld Shares may not be sufficient to satisfy your minimum tax withholding obligation. Accordingly, you agree to pay the Company as soon as practicable, including through additional payroll withholding, any amount of the tax withholding obligation that is not satisfied by the withholding of Shares described above. Additional Representations from You If you receive Shares at a time when the Company does not have a current registration statement (generally on Form S-8) under the Act that covers issuances of Shares to you, you must comply with the following before the Company will release the Shares to you. You must: represent to the Company, in a manner satisfactory to the Company’s counsel, that you are acquiring the Shares for your own account and not with a view to reselling or distributing the Shares; and agree that you will not sell, transfer, or otherwise dispose of the Shares unless:
Additional Conditions to Receipt. The Company may postpone issuing and delivering any PRSU Shares for so long as the Company determines to be advisable to satisfy the following: (a) its completing or amending any securities registration or qualification of the PRSU Shares or its or your satisfying any exemption from registration under any Federal or state law, rule, or regulation; (b) its receiving proof it considers satisfactory that a person seeking to receive the PRSU Shares after your death is entitled to do so; (c) your complying with any requests for representations under the Plan; and (d) your complying with any Federal, state, or local tax withholding obligations. 12.
Additional Conditions to Receipt. The Company may postpone issuing and delivering any RSU Shares for so long as the Company determines to be advisable to satisfy the following:
Additional Conditions to Receipt. The Company may postpone issuing and delivering any Shares for so long as the Company determines to be advisable to satisfy the following: its completing or amending any securities registration or qualification of the Shares or its or your satisfying any exemption from registration under any Federal or state law, rule, or regulation; its receiving proof it considers satisfactory that a person or entity seeking to receive the Shares after your death is entitled to do so; your complying with any requests for representations under the Grant and the Plan; and its or your complying with any federal, state, or local tax withholding obligations.
AutoNDA by SimpleDocs

Related to Additional Conditions to Receipt

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!