Common use of Compliance with Withholding Rules Clause in Contracts

Compliance with Withholding Rules. The Corporation shall have the right to adopt and apply rules governing the exercise of the Option and the issuance of Shares pursuant thereto which will ensure that the Corporation will be able to comply with the applicable provisions of any federal, state or local laws relating to the withholding of taxes.

Appears in 7 contracts

Samples: Directors Stock Option Agreement (Cryolife Inc), Stock Option Agreement (Cryolife Inc), Directors Stock Option Agreement (Cryolife Inc)

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Compliance with Withholding Rules. The Corporation Company shall have the right to adopt and apply rules governing the exercise of the Option and the issuance of Shares pursuant thereto which will ensure that the Corporation Company will be able to comply with the applicable provisions of any federal, state or local laws relating to the withholding of taxes.

Appears in 1 contract

Samples: Grant of Director Stock Option (Cryolife Inc)

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