Common use of Company Requirement Clause in Contracts

Company Requirement. The Company may require, as a condition to any grant or exercise under the Plan or to the delivery of certificates for Shares issued hereunder, that the grantee make provision for the payment to the Company, either pursuant to Section 11(a) or this Section 11(b), of federal, state or local taxes of any kind required by law to be withheld with respect to any grant or delivery of Shares. The Company, to the extent permitted or required by law, shall have the right to deduct from any payment of any kind (including salary or bonus) otherwise due to a grantee, an amount equal to any federal, state or local taxes of any kind required by law to be withheld with respect to any grant or delivery of Shares under the Plan. Shares withheld to pay withholding taxes may not exceed the minimum statutory withholding rate.

Company Requirement. The Company may require, as a condition to any grant or exercise under the Plan this Agreement or to the delivery of certificates for Shares issued hereunderupon exercise of the Option, that the grantee Participant make provision for the payment to the Company, either pursuant to Section 11(aparagraphs (i) or of (ii) of this Section 11(b11(g), of federal, state or local taxes of any kind required by law to be withheld with respect to any grant or delivery of SharesCommon Stock. The Company, to the extent permitted or required by law, shall have the right to deduct from any payment of any kind (including salary or bonus) otherwise due to a granteeParticipant, an amount equal to any federal, state or local taxes of any kind required by law to be withheld with respect to any grant or delivery of Shares Common Stock under the Plan. Shares withheld to pay withholding taxes may not exceed the minimum statutory withholding ratePlan and this Agreement.

Company Requirement. The Company may require, as As a condition to any grant or exercise under the Plan or to the delivery of certificates for Option Shares issued hereunder, that the grantee you shall make provision for the payment to the Company, either pursuant to Section 11(a10(a) or this Section 11(b)10(b) of the Plan, of federal, state or local taxes of any kind required by law to be withheld with respect to any grant or delivery of Option Shares. The Company, to the extent permitted or required by law, shall have the right to deduct from any payment of any kind (including salary or bonus) otherwise due to a granteeyou, an amount equal to any federal, state or local taxes of any kind required by law to be withheld with respect to any grant or the delivery of Option Shares under the Plan. Shares withheld to pay withholding taxes may not exceed the minimum statutory withholding ratethis letter agreement.

Company Requirement. The Company may require, as a condition to any grant or exercise under the Plan or to the delivery of certificates for Shares issued hereunder, that the grantee make provision for the payment to the Company, either pursuant to Section 11(a10(a) or this Section 11(b10(b), of federal, state or local taxes of any kind required by law to be withheld with respect to any grant or delivery of Shares. The Company, to the extent permitted or required by law, shall have the right to deduct from any payment of any kind (including salary or bonus) otherwise due to a grantee, an amount equal to any federal, state or local taxes of any kind required by law to be withheld with respect to any grant or delivery of Shares under the Plan. Shares withheld to pay withholding taxes may not exceed the minimum statutory withholding rate.