Common use of Federal and State Withholding Clause in Contracts

Federal and State Withholding. The Company will deduct from any compensation payable by the Company to Employee the amount of all taxes required to be withheld under applicable law with respect to such payments. For purposes of determining all applicable tax withholdings, any compensation recognized by Employee upon the exercise of Employee’s stock options in accordance with the terms of the Plans and the amounts to be paid to Employee pursuant to Section 3(a) above will be treated as wages subject to all applicable withholding requirements.

Appears in 1 contract

Samples: Separation Agreement (Streamline Health Solutions Inc.)

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Federal and State Withholding. The Company will shall deduct from any compensation payable by the Company to Employee the Executive the amount of all taxes required to be withheld under applicable law with respect to such payments. For purposes of determining all applicable tax withholdings, any compensation recognized by Employee the Executive upon the exercise of Employeethe Executive’s stock options in accordance with the terms of the Plans 2004 Stock Incentive Plan and the amounts to be paid to Employee Executive pursuant to Section 3(a) above will 3 hereof shall be treated as wages subject to all applicable withholding requirements.

Appears in 1 contract

Samples: Separation Agreement (Morningstar, Inc.)

Federal and State Withholding. The Company will deduct from any compensation payable by the Company to Employee the amount of all taxes required to be withheld under applicable law with respect to such payments. For purposes of determining all applicable tax withholdings, any compensation recognized by Employee upon the exercise of Employee’s stock options in accordance with the terms of the Plans 2005 Incentive Compensation Plan and the amounts to be paid to Employee pursuant to Section 3(a) 3 above will be treated as wages subject to all applicable withholding requirements.. STRM xxxxx sa1AA

Appears in 1 contract

Samples: Separation Agreement (Streamline Health Solutions Inc.)

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Federal and State Withholding. The Company will deduct from any compensation payable by the Company to Employee the amount of all taxes required to be withheld under applicable law with respect to such payments. For purposes of determining all applicable tax withholdings, any compensation recognized by Employee upon the exercise of Employee’s stock options in accordance with the terms of the Plans Plan and the amounts to be paid to Employee pursuant to Section 3(a) above will be treated as wages subject to all applicable withholding requirements.

Appears in 1 contract

Samples: Separation Agreement (Streamline Health Solutions Inc.)

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