Common use of Authorization to Withhold Clause in Contracts

Authorization to Withhold. This provision supplements Section 12 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 12 of the Grant Agreement, by accepting the RSUs, the Employee authorizes the Company and/or the Employer to withhold Shares or to sell Shares otherwise deliverable to the Employee 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. SWITZERLAND Notifications

Appears in 2 contracts

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

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Authorization to Withhold. This provision supplements Section 12 7 of the Grant Agreement: Without limiting the Company’s and the Employer’s 's authority to satisfy their withholding obligations for Tax-Related Items as set forth in Section 12 7 of the Grant Agreement, by in accepting the RSUs, the Employee Participant authorizes the Company and/or to deduct and retain from the Employer Shares to be distributed upon vesting of RSUs or to withhold from proceeds of the sale of Shares or to sell Shares otherwise deliverable to acquired upon vesting and settlement of the Employee upon settlement/vesting to satisfy Tax-Related ItemsRSUs, regardless of whether the Company and/or the Employer have an obligation to withhold such Tax-Related Items. SWITZERLAND NotificationsSWITZERLAND

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Idexx Laboratories Inc /De), Restricted Stock Unit Agreement (Idexx Laboratories Inc /De)

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