Common use of Consent to Withholding Clause in Contracts

Consent to Withholding. Notwithstanding any other provision of this Subsection 4.3.6, the Company may, in its sole discretion, withhold and pay over to the Internal Revenue Service or any other applicable taxing authority, for the benefit of the Executive, all or any portion of the Gross-Up Payment, and the Executive hereby consents to such withholding.

Appears in 12 contracts

Samples: Employment Agreement (Amec Foster Wheeler PLC), Employment Agreement (Foster Wheeler Ag), Employment Agreement (Foster Wheeler Ag)

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Consent to Withholding. Notwithstanding any other provision of this Subsection 4.3.6, the Company Employer may, in its sole discretion, withhold and pay over to the Internal Revenue Service or any other applicable taxing authority, for the benefit of the Executive, all or any portion of the Gross-Up Payment, and the Executive hereby consents to such withholding.

Appears in 1 contract

Samples: Employment Agreement (Foster Wheeler LTD)

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