Common use of By Withholding Shares Clause in Contracts

By Withholding Shares. Unless Participant elects to satisfy the Tax Withholding Obligation by an alternative means in accordance with clause (ii) below, Participant’s acceptance of this Award constitutes Participant’s instruction and authorization to the Company to withhold on the Participant’s behalf the number of Shares from those Shares issuable to the Participant at the time when the Award becomes vested as the Company determines to be sufficient to satisfy the Tax Withholding Obligation.

Appears in 4 contracts

Samples: Performance Stock Award Agreement (Adept Technology Inc), Restricted Stock Award Agreement (Adept Technology Inc), Restricted Stock Award Agreement (Adept Technology Inc)

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By Withholding Shares. Unless Participant elects to satisfy the Tax Withholding Obligation by an alternative means in accordance with clause (iib) below, Participant’s 's acceptance of this Award constitutes Participant’s 's instruction and authorization to the Company to withhold on the Participant’s 's behalf the number of Shares from those Shares issuable to the Participant at the time when the Award becomes vested as the Company determines to be sufficient to satisfy the Tax Withholding Obligation.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (Washington Mutual Inc), Washington Mutual Inc, Washington Mutual Inc

By Withholding Shares. Unless Participant elects to satisfy the Tax Withholding Obligation by an alternative means in accordance with clause (iib) below, Participant’s acceptance of this Award constitutes Participant’s instruction and authorization to the Company to withhold on the Participant’s behalf the number of Shares from those Shares issuable to the Participant at the time when the Award becomes vested as the Company determines to be sufficient to satisfy the Tax Withholding Obligation.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Washington Mutual, Inc), Restricted Stock Award Agreement (Washington Mutual, Inc)

By Withholding Shares. Unless Participant elects to satisfy the Tax Withholding Obligation by an alternative means in accordance with clause (ii) below, Participant’s acceptance of this Award constitutes Participant’s instruction and authorization to the Company to withhold on the Participant’s behalf the number of Shares from those the Shares issuable subject to the Participant Award at the time when the Award (or a portion thereof) becomes vested as the Company determines to be sufficient to satisfy the Tax Withholding Obligation.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Adept Technology Inc)

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By Withholding Shares. Unless Participant elects to satisfy the Tax Withholding Obligation by an alternative means in accordance with clause sub-paragraph (ii) below, Participant’s 's acceptance of this Award constitutes Participant’s 's instruction and authorization to the Company to withhold on the Participant’s 's behalf the number of Restricted Shares from those Restricted Shares issuable to the Participant at the time when the Award becomes vested as the Company determines to be sufficient to satisfy the Tax Withholding Obligation.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Verisk Analytics, Inc.)

By Withholding Shares. Unless Participant elects to satisfy the Tax Withholding Obligation by an alternative means in accordance with clause (ii) belowParagraph 10(b)(ii), Participant’s acceptance of this Award constitutes Participant’s instruction and authorization to the Company to withhold on the Participant’s behalf the number of Shares from those Shares issuable to the Participant at the time when the Award becomes vested as the Company determines to be sufficient to satisfy the minimum statutory Tax Withholding Obligation.

Appears in 1 contract

Samples: Corporation Restricted Stock Award Agreement (Arkansas Best Corp /De/)

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