Cash Remittance. Whenever shares of Company Stock are to be issued upon the occurrence of the Issue Date or the Vesting Date and whenever dividends are paid in respect of non-vested shares of restricted stock, the Company shall have the right to require the Participant to remit to the Company in cash an amount sufficient to satisfy federal, state and local withholding tax requirements, if any, attributable to such occurrence prior to the delivery of any certificate or certificates for such shares.
Appears in 4 contracts
Samples: Restricted Stock Agreement 2002 Employee Stock Incentive Plan (Southwestern Energy Co), Restricted Stock Agreement (Southwestern Energy Co), Restricted Stock Agreement (Southwestern Energy Co)
Cash Remittance. Whenever shares of Company Stock are to be issued upon the occurrence of the Issue Date or the Vesting Date and whenever dividends are paid in respect of non-vested shares of restricted stock, the Company shall have the right to require the Participant Grantee to remit to the Company in cash an amount sufficient to satisfy federal, state and local withholding tax requirements, if any, attributable to such occurrence prior to the delivery of any certificate or certificates for such shares.
Appears in 2 contracts
Samples: Restricted Stock Agreement (Southwestern Energy Co), Restricted Stock Agreement 1993 Stock Incentive Plan (Southwestern Energy Co)
Cash Remittance. Whenever shares of Company Common Stock are to be issued upon the occurrence of the Issue Date or the Vesting Date and whenever dividends are paid in respect of non-vested shares of restricted stock, the Company shall have the right to require the Participant to remit to the Company in cash an amount sufficient to satisfy federal, state and local withholding tax requirements, if any, attributable to such occurrence prior to the delivery of any certificate or certificates for such shares.
Appears in 1 contract
Samples: Restricted Stock Agreement (Southwestern Energy Co)
