Income and Employment Tax Withholding. (a) The Optionee shall be solely responsible for paying to the Company all required federal, state, city and local taxes applicable to the exercise of an NSO under the Plan.
Appears in 2 contracts
Samples: Horizon Bancorp (Horizon Bancorp /In/), 2013 Omnibus Equity Incentive Plan (Horizon Bancorp /In/)
Income and Employment Tax Withholding. (a) The Optionee shall be solely responsible for paying to the Company all required federal, state, city and local income and employment taxes applicable to the exercise of an NSO under the Plan.
Appears in 2 contracts
Samples: Omnibus Equity Incentive Plan (Horizon Bancorp /In/), Omnibus Equity Incentive Plan (Horizon Bancorp /In/)
Income and Employment Tax Withholding. (a) The Optionee shall be solely responsible for paying to the Company all required federal, state, city and local taxes applicable to the (i) exercise of an NSO under the PlanPlan and (ii) disposition of shares acquired pursuant to the exercise of an ISO in a disqualifying disposition of the shares under Code Section 422(a)(1).
Appears in 2 contracts
Samples: Option Grant Agreement (Horizon Bancorp /In/), Option Grant Agreement (Horizon Bancorp /In/)
