Common use of For Residents of Canada Clause in Contracts

For Residents of Canada. (i) Notwithstanding Section 12, the Grantee may elect (in accordance with the procedures established by the Company) to pay any withholding Tax in cash. If the Grantee does not make a timely election, then unless the Administrator determines otherwise, the Grantee will be deemed to have elected to pay the withholding Tax by having the Company withhold Shares as provided in Section 12.

Appears in 7 contracts

Samples: Management Time Based Restricted Stock Unit Agreement (Fidelity National Information Services, Inc.), Management Performance Based Restricted Stock Unit Agreement (Fidelity National Information Services, Inc.), Management Performance Based Restricted Stock Unit Agreement (Fidelity National Information Services, Inc.)

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For Residents of Canada. (i) Notwithstanding Section 1211, the Grantee may elect (in accordance with the procedures established by the Company) to pay any withholding Tax tax in cash. If the Grantee does not make a timely election, then unless the Administrator determines otherwise, the Grantee will be deemed to have elected to pay the withholding Tax tax by having the Company withhold Shares as provided in Section 1211.

Appears in 2 contracts

Samples: Appreciation Unit Award Agreement (Sungard Capital Corp Ii), Performance Based Appreciation Unit Award Agreement (Sungard Capital Corp Ii)

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