Agreement With Respect to Taxes. You must pay any taxes that are required to be withheld by the Company or your Employer. You may pay such amounts in cash or make other arrangements satisfactory to the Company or your Employer for the payment of such amounts. You agree the Company or your Employer, at its sole discretion and to the fullest extent permitted by law, shall have the right to demand that you pay such amounts in cash, deduct such amounts from any payments of any kind otherwise due to you, or withhold from Shares to which you would otherwise be entitled the number of Shares having an aggregate market value at that time equal to the amount you owe. In the event the Company, in its sole discretion, determines that your tax obligations will not be satisfied under the methods described in this paragraph, you authorize the Company or the Company’s Stock Plan Administrator to sell a number of Shares that are issued under the Units, which the Company determines as having at least the market value sufficient to meet the tax withholding obligations plus additional Shares to account for rounding and market fluctuations and pay such tax withholding to the Company. The shares may be sold as part of a block trade with other participants and all participants receive an average price. You agree that, subject to compliance with applicable law, the Company or your Employer may recover from you taxes which may be payable by the Company or your Employer in any jurisdiction in relation to this award. You agree that the Company or your Employer shall be entitled to use whatever method they may deem appropriate to recover such taxes including the sale of any Shares, paying you a net amount of shares (or cash), recovering the taxes via payroll and direct invoicing. You further agree that the Company or your Employer may, as it reasonably considers necessary, amend or vary this agreement to facilitate such recovery of taxes.
Appears in 4 contracts
Samples: Stock Unit Agreement (Perot Systems Corp), Performance Based Stock Unit Agreement (Dell Inc), Stock Unit Agreement (Dell Inc)
Agreement With Respect to Taxes. You must pay any taxes that are required to be withheld by the Company or your Employer. You may pay such amounts in cash or make other arrangements satisfactory to the Company or your Employer for the payment of such amounts. You agree the Company or your Employer, at its sole discretion and to the fullest extent permitted by law, shall have the right to demand that you pay such amounts in cash, deduct such amounts from any payments of any kind otherwise due to you, or withhold from Shares to which you would otherwise be entitled the number of Shares having an aggregate market value at that time equal to the amount you owe. In the event the Company, in its sole discretion, determines that your tax obligations will not be satisfied under the methods described in this paragraph, you authorize the Company or the Company’s Stock Plan Administrator to sell a number of Shares that are issued under the Units, which the Company determines as having at least the market value sufficient to meet the tax withholding obligations plus additional Shares to account for rounding and market fluctuations and pay such tax withholding to the Company. The shares may be sold as part of a block trade with other participants and all participants will receive an average price. You agree that, subject to compliance with applicable law, the Company or your Employer may recover from you taxes which may be payable by the Company or your Employer in any jurisdiction in relation to this award. You agree that the Company or your Employer shall be entitled to use whatever method they may deem appropriate to recover such taxes including the sale of any Shares, paying you a net amount of shares (or cash), recovering the taxes via payroll and direct invoicing. You further agree that the Company or your Employer may, as it reasonably considers necessary, amend or vary this agreement to facilitate such recovery of taxes.
Appears in 4 contracts
Samples: Performance Based Stock Unit Agreement (Dell Inc), Stock Unit Agreement (Dell Inc), Stock Unit Agreement (Dell Inc)
Agreement With Respect to Taxes. You must pay any taxes that are required to be withheld by the Company or your Employer. You may pay such amounts in cash or make other arrangements satisfactory to the Company or your Employer for the payment of such amounts. You agree the Company or your Employer, at its sole discretion and to the fullest extent permitted by law, shall have the right to demand that you pay such amounts in cash, deduct such amounts from any payments of any kind otherwise due to youyou (including Dividend Equivalents), or withhold from Shares to which you would otherwise be entitled the number of Shares having an aggregate market value at that time equal to the amount you owe. In the event the Company, in its sole discretion, determines that your tax obligations will not be satisfied under the methods described in this paragraph, you authorize the Company or the Company’s 's Stock Plan Administrator to sell a number of Shares that are issued under the Units, which the Company determines as having at least the market value sufficient to meet the tax withholding obligations plus additional Shares to account for rounding and market fluctuations and pay such tax withholding to the Company. The shares may be sold as part of a block trade with other participants and all participants will receive an average price. You agree that, subject to compliance with applicable law, the Company or your Employer may recover from you taxes which may be payable by the Company or your Employer in any jurisdiction in relation to this award. You agree that the Company or your Employer shall be entitled to use whatever method they may deem appropriate to recover such taxes including the withholding of Dividend Equivalents or the sale of any Shares, paying you a net amount of shares (or cash), recovering the taxes via payroll and direct invoicing. You further agree that the Company or your Employer may, as it reasonably considers necessary, amend or vary this agreement to facilitate such recovery of taxes.
Appears in 3 contracts
Samples: Stock Unit Agreement (Dell Inc), Stock Unit Agreement (Dell Inc), Stock Unit Agreement (Dell Inc)
Agreement With Respect to Taxes. You must pay any federal, state, local and foreign taxes that are required to be withheld by the Company or your Employer. You may pay such amounts in cash or make other arrangements satisfactory to the Company or your Employer for the payment of such amounts. You agree that the Company or your Employer, at its sole discretion and to the fullest extent permitted by lawApplicable Law, shall have the right to demand that you pay such amounts in cash, cash or deduct such amounts from any payments of any kind otherwise due to you. At the Company or your Employer’s sole discretion, the Company or withhold your Employer may permit or require that such withholding tax obligation shall be satisfied by withholding from the Shares otherwise issuable to which you would otherwise be entitled the you, that number of Shares having an aggregate market value Fair Market Value at that the time the withholding tax obligation arises equal to the amount you oweof such withholding tax obligation. In Such withholding obligation may be, or, if the event Committee so directs, such withholding obligation shall be, satisfied by your delivery (on a form prescribed or accepted by the Company, in its sole discretion, determines that your tax obligations will not be satisfied Committee) of an irrevocable direction to a licensed securities broker acceptable to the Committee to sell vested Shares being delivered under the methods described in this paragraph, you authorize award and to deliver all or part of the sale proceeds to the Company to satisfy the withholding obligation directly to the Company or your Employer. If the applicable tax withholding is satisfied by an irrevocable direction to a licensed securities broker, you will be subject to the Company’s Stock Plan Administrator policies regarding xxxxxxx xxxxxxx restrictions, which may affect your ability to acquire or sell a number of Shares that are issued under the UnitsPlan. By acceptance of the award granted hereunder, which you certify your understanding of and intent to fully comply with the Company determines as having at least the market value sufficient to meet the tax withholding obligations plus additional Shares to account for rounding and market fluctuations and pay such tax withholding to standards contained in the Company. The shares may be sold as part of a block trade with other participants ’s xxxxxxx xxxxxxx policies (and all participants receive an average pricerelated policies and procedures adopted by the Company). You agree that, subject to compliance with applicable lawApplicable Law, the Company or your Employer may recover from you taxes which may be payable by the Company or your Employer in any jurisdiction in relation to this award. You agree that the Company or your Employer shall be entitled to use whatever method they may deem appropriate to recover such taxes including the sale of any Shares, paying you a net amount of shares (or cash), or recovering the taxes via payroll and direct invoicing. You further agree that the Company or your Employer may, as it they reasonably considers consider necessary, amend or vary this agreement Agreement to facilitate such recovery of taxes.
Appears in 2 contracts
Samples: Performance Based Restricted Stock Unit Agreement (Dell Technologies Inc), Restricted Stock Unit Agreement (Dell Technologies Inc)
Agreement With Respect to Taxes. You must are obligated to pay any taxes that are required to be withheld by the Company or your EmployerEmployer related to this Award. As a condition of the receipt of this Award, prior to the vesting of the Stock Units you agree to make such arrangements as the Company may require in order to satisfy any federal, state, local or foreign withholding tax obligations that the Company, in its sole discretion, determines may arise in connection with the receipt of an Award or the issuance of Shares (the “Tax Obligations”). You may pay such amounts in cash or make other arrangements satisfactory to understand that the Company or your Employer for the payment of such amounts. You agree the Company or your Employer, at its sole discretion and shall not be required to the fullest extent permitted by law, shall have the right to demand that you pay such amounts in cash, deduct such amounts from issue any payments of any kind otherwise due to you, or withhold from Shares to which you would otherwise be entitled under the Plan unless and until such Tax Obligations are satisfied. The Company intends, and you hereby authorize the Company, to satisfy the Tax Obligations by withholding from the vested Stock Units the number of full Shares having an aggregate market value at that time of vesting equal to the amount you owe. In the event the Company, in its sole discretion, determines that your tax obligations will not be satisfied under the methods described in this paragraph, you authorize the Company or the Company’s Stock Plan Administrator to sell a number of Shares that are issued under the Units, which the Company determines as having at least the market value sufficient to meet the tax withholding obligations plus additional Shares to account for rounding and market fluctuations and pay such tax withholding are equal to the Company. The shares may Tax Obligations, with the remainder to be sold as part of a block trade with satisfied by withholding from your wages or other participants and all participants receive an average price. You agree that, subject to compliance with applicable law, the Company or your Employer may recover from you taxes which may be cash compensation payable by the Company or your Employer in any jurisdiction in relation Employer. To the extent the Company determines that the number of Stock Units or Shares withheld pursuant to this awardParagraph is insufficient to satisfy such Tax Obligations, you hereby authorize the Company or your Employer to deduct from your compensation the additional amounts necessary to fully satisfy the Tax Obligations. If the Company chooses not to deduct such amount from your compensation, you agree to pay the Company, in cash or by check, the additional amount necessary to fully satisfy the Tax Obligations. You agree to take any further actions and execute any additional documents as may be necessary to effectuate the provisions of this Paragraph. The Company or your Employer will assess its requirements regarding tax, social insurance and any other payroll tax (“Tax-Related Items”) withholding and reporting in connection with the Stock Units or Shares. These requirements may change from time to time as laws or interpretations change. Regardless of the actions of the Company or your Employer in this regard, Employee hereby acknowledges and agrees that the ultimate liability for any and all Tax-Related Items is and remains his or her responsibility and liability and that the Company and your Employer make no representations nor undertakings regarding treatment of any Tax-Related Items in connection with any aspect of the grant of Stock Units and do not commit to structure the terms of the grant or any aspect of the Stock Units to reduce or eliminate the Employee’s liability regarding Tax-Related Items. In the event that the Company or your Employer shall be entitled must withhold any Tax-Related Items as a result of the grant or vesting of the Stock Units, Employee agrees to use whatever method they may deem appropriate make arrangements satisfactory to recover such taxes including the sale of any Shares, paying you a net amount of shares (or cash), recovering the taxes via payroll and direct invoicing. You further agree that the Company or your Employer may, as it reasonably considers necessary, amend to satisfy all withholding requirements. Employee authorizes the Company or vary this agreement your Employer to facilitate such recovery of taxeswithhold all applicable Tax-Related Items legally due from the Employee from his or her wages or other cash compensation paid him or her by the Company or your Employer.
Appears in 2 contracts
Samples: Stock Unit Agreement (Team Inc), Performance Based Stock Unit Agreement (Team Inc)
Agreement With Respect to Taxes. You must pay any federal, state, local and foreign taxes that are required to be withheld by the Company or your Employer. You may pay such amounts in cash or make other arrangements satisfactory to the Company or your Employer for the payment of such amounts. You agree that the Company or your Employer, at its sole discretion and to the fullest extent permitted by lawApplicable Law, shall have the right to demand that you pay such amounts in cash, cash or deduct such amounts from any payments of any kind otherwise due to you. At the Company’s or your Employer’s sole discretion, the Company or withhold your Employer may permit or require that such withholding tax obligation shall be satisfied by withholding from the Shares otherwise issuable to which you would otherwise be entitled the that number of Shares having an aggregate market value Fair Market Value at that the time such withholding tax obligation arises equal to the amount you oweof such withholding tax obligation. In Such withholding obligation may be, or, if the event the CompanyCommittee so directs, in its sole discretion, determines that your tax obligations will not such withholding obligation shall be satisfied by your delivery (on a form prescribed or accepted by the Committee) of an irrevocable direction to a licensed securities broker acceptable to the Committee to sell vested Shares being delivered under the methods described in this paragraph, you authorize award and to deliver all or part of the sale proceeds to the Company to satisfy such withholding obligation directly to the Company or your Employer. If the applicable tax withholding is satisfied by an irrevocable direction to a licensed securities broker, you will be subject to the Company’s Stock Plan Administrator policies regarding xxxxxxx xxxxxxx restrictions, which may affect your ability to acquire or sell a number of Shares that are issued under the UnitsPlan. By acceptance of the award granted hereunder, which you certify your understanding of and intent to fully comply with the Company determines as having at least the market value sufficient to meet the tax withholding obligations plus additional Shares to account for rounding and market fluctuations and pay such tax withholding to standards contained in the Company. The shares may be sold as part of a block trade with other participants ’s xxxxxxx xxxxxxx policies (and all participants receive an average pricerelated policies and procedures adopted by the Company). You agree that, subject to compliance with applicable lawApplicable Law, the Company or your Employer may recover from you taxes which may be payable by the Company or your Employer in any jurisdiction in relation to this award. You agree that the Company or your Employer shall be entitled to use whatever method they may deem appropriate to recover such taxes taxes, including the sale of any Shares, paying you a net amount of shares Shares (or cash), or recovering the taxes via payroll and direct invoicing. You further agree that the Company or your Employer may, as it they reasonably considers consider necessary, amend or vary this agreement Agreement to facilitate such recovery of taxes.
Appears in 2 contracts
Samples: Restricted Stock Unit Agreement (Dell Technologies Inc.), Performance Based Restricted Stock Unit Agreement (Dell Technologies Inc.)
Agreement With Respect to Taxes. You must pay any taxes that are required to be withheld by the Company or your Employer. You may pay such amounts in cash or make other arrangements satisfactory to the Company or your Employer for the payment of such amounts. You agree the Company or your Employer, at its sole discretion and to the fullest extent permitted by law, shall have the right to demand that you pay such amounts in cash, deduct such amounts from any payments of any kind otherwise due to you, or withhold from Shares to which you would otherwise be entitled the number of Shares having an aggregate market value at that time equal to the amount you owe. In the event the Company, in its sole discretion, determines that your tax obligations will not be satisfied under the methods described in this paragraph, you authorize the Company or the Company’s Stock Plan Administrator to sell a number of Shares that are issued under the Units, which the Company determines as having at least the market value sufficient to meet the tax withholding obligations plus additional Shares to account for rounding and market fluctuations and pay such tax withholding to the Company. The shares may be sold as part of a block trade with other participants and all participants receive an average price. You agree that, subject to compliance with applicable law, the Company or and/or your Employer may recover from you taxes which may be payable by the Company or and/or your Employer in any jurisdiction in relation to this award. You agree that the Company or and/or your Employer shall be entitled to use whatever method they may deem appropriate to recover such taxes including the sale of any Shares, paying you a net amount of shares (or cash), recovering the taxes via payroll and direct invoicing. You further agree that the Company or and/or your Employer may, as it reasonably considers necessary, amend or vary this agreement to facilitate such recovery of taxes.
Appears in 2 contracts
Samples: Performance Based Stock Unit Agreement (Dell Inc), Stock Unit Agreement (Dell Inc)
Agreement With Respect to Taxes. You must pay any federal, state, local and foreign taxes that are required to be withheld by the Company or your Employer. You may pay such amounts in cash or make other arrangements satisfactory to the Company or your Employer for the payment of such amounts. You agree that the Company or your Employer, at its sole discretion and to the fullest extent permitted by lawApplicable Law, shall have the right to demand that you pay such amounts in cash, cash or deduct such amounts from any payments of any kind otherwise due to you, provided that the Company shall provide reasonable opportunity to satisfy such withholding tax obligation by withholding from the Shares otherwise issuable to you. At the Company or withhold your Employer's sole discretion, the Company or your Employer may require that such withholding tax obligation shall be satisfied by withholding from the Shares otherwise issuable to which you would otherwise be entitled the you, that number of Shares having an aggregate market value Fair Market Value at that the time the withholding tax obligation arises equal to the amount you oweof such withholding tax obligation. In Such withholding obligation may be, or, if the event Committee so directs, such withholding obligation shall be, satisfied by your delivery (on a form prescribed or accepted by the Company, in its sole discretion, determines that your tax obligations will not be satisfied Committee) of an irrevocable direction to a licensed securities broker acceptable to the Committee to sell vested Shares being delivered under the methods described in this paragraph, you authorize award and to deliver all or part of the sale proceeds to the Company to satisfy the withholding obligation directly to the Company or your Employer. If the Company’s Stock Plan Administrator to sell a number of Shares that are issued under the Units, which the Company determines as having at least the market value sufficient to meet the applicable tax withholding obligations plus additional Shares is satisfied by an irrevocable direction to account for rounding and market fluctuations and pay such tax withholding a licensed securities broker, you will be subject to the Company's policies regarding xxxxxxx xxxxxxx restrictions, which may affect your ability to acquire or sell Shares under the Plan. The shares may be sold as part By acceptance of a block trade the award granted hereunder, you certify your understanding of and intent to fully comply with other participants the standards contained in the Company's xxxxxxx xxxxxxx policies (and all participants receive an average pricerelated policies and procedures adopted by the Company). You agree that, subject to compliance with applicable lawApplicable Law, the Company or your Employer may recover from you taxes which may be payable by the Company or your Employer in any jurisdiction in relation to this award. You agree that the Company or your Employer shall be entitled to use whatever method they may deem appropriate to recover such taxes including the sale of any Shares, paying you a net amount of shares (or cash), or recovering the taxes via payroll and direct invoicing. You further agree that the Company or your Employer may, as it they reasonably considers consider necessary, amend or vary this agreement Agreement to facilitate such recovery of taxes.
Appears in 1 contract
Samples: Restricted Stock Unit Agreement (Dell Technologies Inc.)
Agreement With Respect to Taxes. You must pay any federal, state, local and foreign taxes that are required to be withheld by the Company or your Employer. You may pay such amounts in cash or make other arrangements satisfactory to the Company or your Employer for the payment of such amounts. You agree that the Company or your Employer, at its sole discretion and to the fullest extent permitted by lawApplicable Law, shall have the right to demand that you pay such amounts in cash, cash or deduct such amounts from any payments of any kind otherwise due to you. At the Company’s or your Employer’s sole discretion, the Company or withhold your Employer may permit or require that such withholding tax obligation shall be satisfied by withholding from the Shares otherwise issuable to which you would otherwise be entitled the that number of Shares having an aggregate market value Fair Market Value at that the time such withholding tax obligation arises equal to the amount you oweof such withholding tax obligation. In Such withholding obligation may be, or, if the event Committee so directs, such withholding obligation shall be, satisfied by your delivery (on a form prescribed or accepted by the Company, in its sole discretion, determines that your tax obligations will not be satisfied Committee) of an irrevocable direction to a licensed securities broker acceptable to the Committee to sell vested Shares being delivered under the methods described in this paragraph, you authorize award and to deliver all or part of the sale proceeds to the Company to satisfy such withholding obligation directly to the Company or your Employer. If the applicable tax withholding is satisfied by an irrevocable direction to a licensed securities broker, you will be subject to the Company’s Stock Plan Administrator policies regarding xxxxxxx xxxxxxx restrictions, which may affect your ability to acquire or sell a number of Shares that are issued under the UnitsPlan. By acceptance of the award granted hereunder, which you certify your understanding of and intent to fully comply with the Company determines as having at least the market value sufficient to meet the tax withholding obligations plus additional Shares to account for rounding and market fluctuations and pay such tax withholding to standards contained in the Company. The shares may be sold as part of a block trade with other participants ’s xxxxxxx xxxxxxx policies (and all participants receive an average pricerelated policies and procedures adopted by the Company). You agree that, subject to compliance with applicable lawApplicable Law, the Company or your Employer may recover from you taxes which may be payable by the Company or your Employer in any jurisdiction in relation to this award. You agree that the Company or your Employer shall be entitled to use whatever method they it may deem appropriate to recover such taxes taxes, including the sale of any Shares, paying you a net amount of shares (or cash), or recovering the taxes via payroll and direct invoicing. You further agree that the Company or your Employer may, as it reasonably considers necessary, amend or vary this agreement Agreement to facilitate such recovery of taxes.
Appears in 1 contract
Samples: Restricted Stock Unit Agreement (Dell Technologies Inc.)
Agreement With Respect to Taxes. You must pay any federal, state, local and foreign taxes that are required to be withheld by the Company or your Employer. You may pay such amounts in cash or make other arrangements satisfactory to the Company or your Employer for the payment of such amounts. You agree that the Company or your Employer, at its sole discretion and to the fullest extent permitted by lawApplicable Law, shall have the right to demand that you pay such amounts in cash, cash or deduct such amounts from any payments of any kind otherwise due to you. At the Company’s or your Employer’s sole discretion, the Company or withhold your Employer may permit or require that such withholding tax obligation shall be satisfied by withholding from the Shares otherwise issuable to which you would otherwise be entitled the that number of Shares having an aggregate market value Fair Market Value at that the time such withholding tax obligation arises equal to the amount you oweof such withholding tax obligation. In Such withholding obligation may be, or, if the event the CompanyCommittee so directs, in its sole discretion, determines that your tax obligations will not such withholding obligation shall be satisfied by your delivery (on a form prescribed or accepted by the Committee) of an irrevocable direction to a licensed securities broker acceptable to the Committee to sell vested Shares being delivered under the methods described in this paragraph, you authorize award and to deliver all or part of the sale proceeds to the Company to satisfy such withholding obligation directly to the Company or your Employer. If the applicable tax withholding is satisfied by an irrevocable direction to a licensed securities broker, you will be subject to the Company’s Stock Plan Administrator policies regarding xxxxxxx xxxxxxx restrictions, which may affect your ability to acquire or sell a number of Shares that are issued under the UnitsPlan. By acceptance of the award granted hereunder, which you certify your understanding of and intent to fully comply with the Company determines as having at least the market value sufficient to meet the tax withholding obligations plus additional Shares to account for rounding and market fluctuations and pay such tax withholding to standards contained in the Company. The shares may be sold as part of a block trade with other participants ’s xxxxxxx xxxxxxx policies (and all participants receive an average pricerelated policies and procedures adopted by the Company). You agree that, subject to compliance with applicable lawApplicable Law, the Company or your Employer may recover from you taxes which may be payable by the Company or your Employer in any jurisdiction in relation to this award. You agree that the Company or your Employer shall be entitled to use whatever method they it may deem appropriate to recover such taxes taxes, including the sale of any Shares, paying you a net amount of shares (or cash), or recovering the taxes via payroll and direct invoicing. You further agree that the Company or your Employer may, as it reasonably considers necessary, amend or vary this agreement Agreement to facilitate such recovery of taxes.
Appears in 1 contract
Samples: Performance Based Restricted Stock Unit Agreement (Dell Technologies Inc.)
Agreement With Respect to Taxes. You must pay any taxes that are required to be withheld by the Company or your Employer. You may pay such amounts in cash or make other arrangements satisfactory to the Company or your Employer for the payment of such amounts. You agree the Company or your Employer, at its sole discretion and to the fullest extent permitted by law, shall have the right to demand that you pay such amounts in cash, deduct such amounts from any payments of any kind otherwise due to youyou (including Dividend Equivalents), or withhold from Shares to which you would otherwise be entitled the number of Shares having an aggregate market value at that time equal to the amount you owe. In the event the Company, in its sole discretion, determines that your tax obligations will not be satisfied under the methods described in this paragraph, you authorize the Company or the Company’s Stock Plan Administrator to sell a number of Shares that are issued under the Units, which the Company determines as having at least the market value sufficient to meet the tax withholding obligations plus additional Shares to account for rounding and market fluctuations and pay such tax withholding to the Company. The shares may be sold as part of a block trade with other participants and all participants will receive an average price. You agree that, subject to compliance with applicable law, the Company or your Employer may recover from you taxes which may be payable by the Company or your Employer in any jurisdiction in relation to this award. You agree that the Company or your Employer shall be entitled to use whatever method they may deem appropriate to recover such taxes including the withholding of Dividend Equivalents or the sale of any Shares, paying you a net amount of shares (or cash), recovering the taxes via payroll and direct invoicing. You further agree that the Company or your Employer may, as it reasonably considers necessary, amend or vary this agreement to facilitate such recovery of taxes.
Appears in 1 contract
Samples: Stock Unit Agreement (Dell Inc)