Common use of Amount of Withholding Taxes Clause in Contracts

Amount of Withholding Taxes. If the Company is required to withhold any amount in connection with the vesting and settlement of an Award, the Company shall inform the Grantee prior to the settlement of any portion of the Award of (i) the estimated amount of any federal, state, national, local income and employment taxes and social, health or national insurance (collectively “Taxes”) which the Company determined will be owed by the Grantee by reason of the vesting and/or settlement of the Award and (ii) the amount, if any, that the Company or any of its Affiliates will be required to withhold from the Grantee by reason of such vesting and/or settlement.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Central European Media Enterprises LTD), Restricted Stock Unit Award Agreement (Central European Media Enterprises LTD)

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Amount of Withholding Taxes. If the Company is required to withhold any amount in connection with the vesting and settlement of an Award, the Company shall inform the Grantee prior to the settlement of any portion of the Award of (i) the estimated amount of any federal, state, national, local income and employment taxes and social, health or national insurance (collectively collectively, “Taxes”) which the Company determined determines will be owed by the Grantee Grantee, by reason of the vesting and/or settlement of the Award and (ii) the amount, if any, that the Company or any of its Affiliates Subsidiaries will be required to withhold from the Grantee by reason of such vesting and/or settlement.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Central European Media Enterprises LTD), Restricted Stock Unit Award Agreement (Central European Media Enterprises LTD)

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Amount of Withholding Taxes. If the Company is required to withhold any amount in connection with the vesting and settlement of an Award, the Company shall inform the Grantee prior to the settlement of any portion of the Award of (i) the estimated amount of any federal, state, national, local income and employment taxes and social, health or national insurance (collectively “Taxes”) which the Company determined will be owed by the Grantee by reason of the vesting and/or settlement of the Award and (ii) the amount, if any, that the Company or any of its Affiliates will be required to withhold from the Grantee by reason of such vesting and/or settlement.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Central European Media Enterprises LTD)

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