Common use of Federal Withholding Tax Requirements Clause in Contracts

Federal Withholding Tax Requirements. To the extent that withholding is required by law, at the time that any Award is granted or OCA Common Stock is issued, the Participant shall, upon notification of the amount due, pay to OCA amounts necessary to satisfy applicable federal, state and local withholding tax requirements or shall otherwise make arrangements satisfactory to OCA for such requirements.

Appears in 3 contracts

Samples: Stockholder Bonus Program (Orthodontic Centers of America Inc /De/), Target Stock Program (Orthodontic Centers of America Inc /De/), Stockholder Value Program (Orthodontic Centers of America Inc /De/)

AutoNDA by SimpleDocs

Federal Withholding Tax Requirements. To the extent that withholding is required by law, at the time that any Award is granted or OCA Common Stock is issued, the Participant shall, upon notification of the amount due, pay to OCA amounts necessary to satisfy applicable federal, state and local withholding tax requirements or shall otherwise make arrangements satisfactory to OCA for such requirements.

Appears in 2 contracts

Samples: High Participation Bonus Program (Orthodontic Centers of America Inc /De/), Conversion Incentive Program (Orthodontic Centers of America Inc /De/)

Federal Withholding Tax Requirements. To the extent that withholding is required by law, at the time that any Award is granted or OCA Common Stock is issuedgranted, the Participant shall, upon notification of the amount due, pay to OCA amounts necessary to satisfy applicable federal, state and local withholding tax requirements or shall otherwise make arrangements satisfactory to OCA for such requirements.

Appears in 1 contract

Samples: Stock Pool Program (Orthodontic Centers of America Inc /De/)

AutoNDA by SimpleDocs

Federal Withholding Tax Requirements. To the extent that withholding is required by law, at the time that any an Award is granted or OCA Common Stock is issuedexercised, the Participant shall, upon notification of the amount due, pay to OCA amounts necessary to satisfy applicable federal, state and local withholding tax requirements or shall otherwise make arrangements satisfactory to OCA for such requirements.

Appears in 1 contract

Samples: Doctors Trust Program Agreement (Orthodontic Centers of America Inc /De/)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!