Common use of Authorization to Withhold Clause in Contracts

Authorization to Withhold. This provision supplements Section 9 of the Agreement: Without limiting the Company’s and the Employer’s authority to satisfy their withholding obligations for Tax-Related Items as set forth in Section 9 of the Agreement, by accepting the Restricted Stock Units, the Grantee authorizes the Company and/or the Employer to withhold Shares or to sell Shares otherwise deliverable to the Grantee upon settlement/vesting to satisfy Tax-Related Items, regardless of whether the Company and/or the Employer have an obligation to withhold such Tax-Related Items.

Appears in 17 contracts

Samples: Restricted Stock Unit Award Agreement (Jabil Inc), Restricted Stock Unit Award Agreement (Jabil Inc), Restricted Stock Unit Award Agreement (Jabil Inc)

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Authorization to Withhold. This provision supplements Section 9 11 of the Grant Agreement: Without limiting the Company’s and the Employer’s authority to satisfy their withholding obligations for Tax-Related Items as set forth in Section 9 11 of the Grant Agreement, by accepting the Restricted Stock Units, Options the Grantee Employee authorizes the Company and/or the Employer to withhold Shares or to sell Shares otherwise deliverable to the Grantee Employee upon settlementexercise/vesting to satisfy Tax-Related Items, regardless of whether the Company and/or the Employer have an obligation to withhold such Tax-Related Items.

Appears in 2 contracts

Samples: Grant Agreement (Hp Inc), Grant Agreement (Hp Inc)

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