Common use of Income Tax and National Insurance Contribution Withholding Clause in Contracts

Income Tax and National Insurance Contribution Withholding. The following provision supplements the terms in the Agreement: If payment or withholding of the income tax due in connection with the RSUs is not made within ninety (90) days of the end of the U.K. tax year in which the event giving rise to the income tax liability or such other period specified in Section 222(1)(c) of the U.K. Income Tax (Earnings and Xxxxxxxx) Xxx 0000 occurred (the “Due Date”), the amount of any uncollected income tax shall constitute a loan owed by you to your employer, effective as of the Due Date. You agree that the loan will bear interest at the then-current official rate of Her Majesty’s Revenue & Customs (“HMRC”), it shall be immediately due and repayable, and the Company or your employer may recover it at any time thereafter by any of the means referred to in Section 2.7 of the Agreement. Notwithstanding the foregoing, if you are a director or executive officer of the Company (within the meaning of Section 13(k) of the U.S. Securities and Exchange Act of 1934, as amended), you will not be eligible for a loan from the Company or your employer to cover the income tax liability. In the event that you are a director or executive officer and the income tax is not collected from or paid by the Due Date, the amount of any uncollected income tax will constitute a benefit to you on which additional income tax and national insurance contributions (“NICs”) will be payable. You will be responsible for reporting any income tax for reimbursing the Company or your employer the value of any employee NICs due on this additional benefit. * * * * * België PERRIGO COMPANY PLC PERRIGO COMPANY PLC RESTRICTED STOCK UNIT AWARD AGREEMENT (SERVICE-BASED) (Under the Xxxxxxx Company plc 2013 Long-Term Incentive Plan) TO: «First_Name» «Last_Name» RE: Notice of Restricted Stock Unit Award (Service-Based) This is to notify you that Perrigo Company plc (the “Company”) has granted you an Award under the Xxxxxxx Company plc 2013 Long-Term Incentive Plan (the “Plan”), effective as of ______________________ (the “Grant Date”). This Award consists of service-based restricted stock units. The terms and conditions of this incentive are set forth in the remainder of this agreement (the “Agreement”). The capitalized terms that are not otherwise defined in this Agreement shall have the meanings ascribed to such terms under the Plan.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (PERRIGO Co PLC)

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Income Tax and National Insurance Contribution Withholding. The following provision supplements the terms in the Agreement: If payment or withholding of the income tax due in connection with the RSUs PRSUs is not made within ninety (90) days of the end of the U.K. tax year in which the event giving rise to the income tax liability or such other period specified in Section 222(1)(c) of the U.K. Income Tax (Earnings and Xxxxxxxx) Xxx 0000 occurred (the “Due Date”), the amount of any uncollected income tax shall constitute a loan owed by you to your employer, effective as of the Due Date. You agree that the loan will bear interest at the then-current official rate of Her Majesty’s Revenue & Customs (“HMRC”), it shall be immediately due and repayable, and the Company or your employer may recover it at any time thereafter by any of the means referred to in Section 2.7 of the Agreement. Notwithstanding the foregoing, if you are a director or executive officer of the Company (within the meaning of Section 13(k) of the U.S. Securities and Exchange Act of 1934, as amended), you will not be eligible for a loan from the Company or your employer to cover the income tax liability. In the event that you are a director or executive officer and the income tax is not collected from or paid by the Due Date, the amount of any uncollected income tax will constitute a benefit to you on which additional income tax and national insurance contributions (“NICs”) will be payable. You will be responsible for reporting any income tax for reimbursing the Company or your employer the value of any employee NICs due on this additional benefit. * * * * * België PERRIGO COMPANY PLC PERRIGO XXXXXXX COMPANY PLC RESTRICTED STOCK UNIT AWARD AGREEMENT FOR NON-U.S. PARTICIPANTS (SERVICEPERFORMANCE-BASED) (Under the Xxxxxxx Perrigo Company plc 2013 Long-Term Incentive Plan) TO: «First_Name» «Last_Name» Participant Name RE: Notice of Restricted Stock Unit Award (ServicePerformance-Based) This is to notify you that Perrigo Xxxxxxx Company plc (the “Company”) has granted you an Award for non-U.S. participants under the Xxxxxxx Perrigo Company plc 2013 Long-Term Incentive Plan (the “Plan”), effective as of ______________________ Grant Date (the “Grant Date”). This Award consists of serviceperformance-based restricted stock units. The terms and conditions of this incentive are set forth in the remainder of this agreement (including any special terms and conditions set forth in any appendix for your country (“Appendix”)) (collectively, the “Agreement”). The capitalized terms that are not otherwise defined in this Agreement shall have the meanings ascribed to such terms under the Plan.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (PERRIGO Co PLC)

Income Tax and National Insurance Contribution Withholding. The following provision supplements the terms in the Agreement“Tax-Related Items” provision below: If payment or withholding of the income tax due in connection with the RSUs Performance Share Units is not made within ninety (90) days of the end of the U.K. tax year in which the event giving rise to the income tax liability or such other period specified in Section 222(1)(c) of the U.K. Income Tax (Earnings and XxxxxxxxPensions) Xxx 0000 occurred Act 2003 (the “Due Date”), the amount of any uncollected income tax shall constitute a loan owed by you to your employerthe Pentair plc Affiliate that employs you, effective as of the Due Date. You agree that the loan will bear interest at the then-current official rate of Her Majesty’s Revenue & Customs (“HMRC”), it shall be immediately due and repayable, and the Company or your employer may recover it at any time thereafter by any of the means referred to in Section 2.7 of the Agreement“Tax-Related Items” provision below. Notwithstanding the foregoing, if you are a director or executive officer of the Company Pentair plc (within the meaning of Section 13(k) of the U.S. Securities and Exchange Act of 1934, as amended), you will not be eligible for a loan from the Company or your employer to cover the income tax liability. In the event that you are a director or executive officer and the income tax is not collected from or paid by you by the Due Date, the amount of any uncollected income tax will constitute a benefit to you on which additional income tax and national insurance contributions (“NICs”) will be payable. You will be responsible for reporting any income tax and for reimbursing the Company or your employer the value of any employee NICs due on this additional benefit. * * * * * België PERRIGO COMPANY PLC PERRIGO COMPANY PLC RESTRICTED STOCK UNIT AWARD AGREEMENT (SERVICEAll Countries Other than the United States of America Tax-BASED) (Under the Xxxxxxx Company plc 2013 Long-Term Incentive Plan) TO: «First_Name» «Last_Name» RE: Notice of Restricted Stock Unit Award (Service-Based) This is to notify you that Perrigo Company plc (the “Company”) has granted you an Award under the Xxxxxxx Company plc 2013 Long-Term Incentive Plan (the “Plan”), effective as of ______________________ (the “Grant Date”). This Award consists of service-based restricted stock units. The terms and conditions of this incentive are set forth in the remainder of this agreement (the “Agreement”). The capitalized terms that are not otherwise defined in this Agreement shall have the meanings ascribed to such terms under the PlanRelated Items.

Appears in 1 contract

Samples: Grant Agreement (PENTAIR PLC)

Income Tax and National Insurance Contribution Withholding. The following provision supplements the terms in the Agreement: If payment or withholding of the income tax due in connection with the RSUs is not made within ninety (90) days of the end of the U.K. tax year in which the event giving rise to the income tax liability or such other period specified in Section 222(1)(c) of the U.K. Income Tax (Earnings and Xxxxxxxx) Xxx 0000 occurred (the “Due Date”), the amount of any uncollected income tax shall constitute a loan owed by you to your employer, effective as of the Due Date. You agree that the loan will bear interest at the then-current official rate of Her Majesty’s Revenue & Customs (“HMRC”), it shall be immediately due and repayable, and the Company or your employer may recover it at any time thereafter by any of the means referred to in Section 2.7 of the Agreement. Notwithstanding the foregoing, if you are a director or executive officer of the Company (within the meaning of Section 13(k) of the U.S. Securities and Exchange Act of 1934, as amended), you will not be eligible for a loan from the Company or your employer to cover the income tax liability. In the event that you are a director or executive officer and the income tax is not collected from or paid by the Due Date, the amount of any uncollected income tax will constitute a benefit to you on which additional income tax and national insurance contributions (“NICs”) will be payable. You will be responsible for reporting any income tax for reimbursing the Company or your employer the value of any employee NICs due on this additional benefit. * * * * * België PERRIGO COMPANY PLC PERRIGO XXXXXXX COMPANY PLC RESTRICTED STOCK UNIT AWARD AGREEMENT FOR NON-U.S. PARTICIPANTS (SERVICEPERFORMANCE-BASED) (Under the Xxxxxxx Company plc 2013 Long-Term Incentive Plan) TO: «First_Name» «Last_Name» RE: Notice of Restricted Stock Unit Award (ServicePerformance-Based) This is to notify you that Perrigo Company plc (the “Company”) has granted you an Award for non-U.S. participants under the Xxxxxxx Company plc 2013 Long-Term Incentive Plan (the “Plan”), effective as of ______________________ (the “Grant Date”). This Award consists of serviceperformance-based restricted stock units. The terms and conditions of this incentive are set forth in the remainder of this agreement (including any special terms and conditions set forth in any appendix for your country (“Appendix”)) (collectively, the “Agreement”). The capitalized terms that are not otherwise defined in this Agreement shall have the meanings ascribed to such terms under the Plan.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (PERRIGO Co PLC)

Income Tax and National Insurance Contribution Withholding. The following provision supplements the terms in the Agreement: If payment or withholding of the income tax due in connection with the RSUs PSUs is not made within ninety (90) days of the end of the U.K. tax year in which the event giving rise to the income tax liability or such other period specified in Section 222(1)(c) of the U.K. Income Tax (Earnings and Xxxxxxxx) Xxx 0000 occurred (the “Due Date”), the amount of any uncollected income tax shall constitute a loan owed by you to your employer, effective as of the Due Date. You agree that the loan will bear interest at the then-current official rate of Her Majesty’s Revenue & Customs (“HMRC”), it shall be immediately due and repayable, and the Company or your employer may recover it at any time thereafter by any of the means referred to in Section 2.7 of the Agreement. Notwithstanding the foregoing, if you are a director or executive officer of the Company (within the meaning of Section 13(k) of the U.S. Securities and Exchange Act of 1934, as amended), you will not be eligible for a loan from the Company or your employer to cover the income tax liability. In the event that you are a director or executive officer and the income tax is not collected from or paid by the Due Date, the amount of any uncollected income tax will constitute a benefit to you on which additional income tax and national insurance contributions (“NICs”) will be payable. You will be responsible for reporting any income tax for reimbursing the Company or your employer the value of any employee NICs due on this additional benefit. * * * * * België PERRIGO COMPANY PLC PERRIGO (Employee Univ PSU) Page 26 of 26 XXXXXXX COMPANY PLC RESTRICTED STOCK UNIT AWARD AGREEMENT (SERVICEPERFORMANCE-BASED) (Under the Xxxxxxx Company plc 2013 2019 Long-Term Incentive Plan) TO: «First_Name» «Last_Name» Participant Name RE: Notice of Restricted Stock Unit Award (ServicePerformance-Based) This is to notify you that Perrigo Xxxxxxx Company plc (the “Company”) has granted you an Award under the Xxxxxxx Company plc 2013 2019 Long-Term Incentive Plan (the “Plan”), effective as of ______________________ Grant Date (the “Grant Date”). This Award consists of serviceperformance-based restricted stock units. The terms and conditions of this incentive are set forth in the remainder of this agreement (including any special terms and conditions set forth in any appendix for your country (“Appendix”) (collectively, the “Agreement”). The capitalized terms that are not otherwise defined in this Agreement shall have the meanings ascribed to such terms under the Plan.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (PERRIGO Co PLC)

Income Tax and National Insurance Contribution Withholding. The following provision supplements the terms in the Agreement: If payment or withholding of the income tax due in connection with the RSUs is not made within ninety (90) days of the end of the U.K. tax year in which the event giving rise to the income tax liability or such other period specified in Section 222(1)(c) of the U.K. Income Tax (Earnings and Xxxxxxxx) Xxx 0000 occurred (the “Due Date”), the amount of any uncollected income tax shall constitute a loan owed by you to your employer, effective as of the Due Date. You agree that the loan will bear interest at the then-current official rate of Her Majesty’s Revenue & Customs (“HMRC”), it shall be immediately due and repayable, and the Company or your employer may recover it at any time thereafter by any of the means referred to in Section 2.7 of the Agreement. Notwithstanding the foregoing, if you are a director or executive officer of the Company (within the meaning of Section 13(k) of the U.S. Securities and Exchange Act of 1934, as amended), you will not be eligible for a loan from the Company or your employer to cover the income tax liability. In the event that you are a director or executive officer and the income tax is not collected from or paid by the Due Date, the amount of any uncollected income tax will constitute a benefit to you on which additional income tax and national insurance contributions (“NICs”) will be payable. You will be responsible for reporting any income tax for reimbursing the Company or your employer the value of any employee NICs due on this additional benefit. * * * * * België PERRIGO Bel XXXXXXX COMPANY PLC PERRIGO COMPANY PLC RESTRICTED STOCK UNIT AWARD AGREEMENT (SERVICE-BASED) (Under the Xxxxxxx Company plc 2013 Long-Term Incentive Plan) TO: «First_Name» «Last_Name» RE: Notice of Restricted Stock Unit Award (Service-Based) This is to notify you that Perrigo Company plc (the “Company”) has granted you an Award under the Xxxxxxx Company plc 2013 Long-Term Incentive Plan (the “Plan”), effective as of ______________________ (the “Grant Date”). This Award consists of service-based restricted stock units. The terms and conditions of this incentive are set forth in the remainder of this agreement (the “Agreement”). The capitalized terms that are not otherwise defined in this Agreement shall have the meanings ascribed to such terms under the Plan.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (PERRIGO Co PLC)

Income Tax and National Insurance Contribution Withholding. The following provision supplements the terms in the Agreement: If payment or withholding of the income tax due in connection with the RSUs Option is not made within ninety (90) days of the end of the U.K. tax year in which the event giving rise to the income tax liability or such other period specified in Section 222(1)(c) of the U.K. Income Tax (Earnings and Xxxxxxxx) Xxx 0000 occurred (the “Due Date”), the amount of any uncollected income tax shall constitute a loan owed by you to your employer, effective as of the Due Date. You agree that the loan will bear interest at the then-current official rate of Her Majesty’s Revenue & Customs (“HMRC”), it shall be immediately due and repayable, and the Company or your employer may recover it at any time thereafter by any of the means referred to in Section 2.7 of the Agreement. Notwithstanding the foregoing, if you are a director or executive officer of the Company (within the meaning of Section 13(k) of the U.S. Securities and Exchange Act of 1934, as amended), you will not be eligible for a loan from the Company or your employer to cover the income tax liability. In the event that you are a director or executive officer and the income tax is not collected from or paid by the Due Date, the amount of any uncollected income tax will constitute a benefit to you on which additional income tax and national insurance contributions (“NICs”) will be payable. You will be responsible for reporting any income tax for reimbursing the Company or your employer the value of any employee NICs due on this additional benefit. * * * * * België PERRIGO COMPANY PLC PERRIGO COMPANY PLC RESTRICTED NONQUALIFIED STOCK UNIT AWARD OPTION AGREEMENT (SERVICE-BASED) (Under the Xxxxxxx Company plc 2013 Long-Term Incentive Plan) TO: «First_Name» «Last_Name» Participant Name RE: Notice of Restricted Nonqualified Stock Unit Award (Service-Based) Option This is to notify you that Perrigo Company plc (the “Company”) has granted you an Award under the Xxxxxxx Company plc 2013 Long-Term Incentive Plan (the “Plan”), effective as of ______________________ Grant Date (the “Grant Date”). This Award consists of service-based restricted a nonqualified stock unitsoption. The terms and conditions of this incentive are set forth in the remainder of this agreement (the “Agreement”). The capitalized terms that are not otherwise defined in this Agreement shall have the meanings ascribed to such terms under the Plan.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (PERRIGO Co PLC)

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Income Tax and National Insurance Contribution Withholding. The following provision supplements the terms in the Agreement: If payment or withholding of the income tax due in connection with the RSUs PSUs is not made within ninety (90) days of the end of the U.K. tax year in which the event giving rise to the income tax liability or such other period specified in Section 222(1)(c) of the U.K. Income Tax (Earnings and Xxxxxxxx) Xxx 0000 occurred (the “Due Date”), the amount of any uncollected income tax shall constitute a loan owed by you to your employer, effective as of the Due Date. You agree that the loan will bear interest at the then-current official rate of Her Majesty’s Revenue & Customs (“HMRC”), it shall be immediately due and repayable, and the Company or your employer may recover it at any time thereafter by any of the means referred to in Section 2.7 of the Agreement. Notwithstanding the foregoing, if you are a director or executive officer of the Company (within the meaning of Section 13(k) of the U.S. Securities and Exchange Act of 1934, as amended), you will not be eligible for a loan from the Company or your employer to cover the income tax liability. In the event that you are a director or executive officer and the income tax is not collected from or paid by the Due Date, the amount of any uncollected income tax will constitute a benefit to you on which additional income tax and national insurance contributions (“NICs”) will be payable. You will be responsible for reporting any income tax for reimbursing the Company or your employer the value of any employee NICs due on this additional benefit. * * * * * België PERRIGO COMPANY PLC PERRIGO XXXXXXX COMPANY PLC RESTRICTED STOCK UNIT AWARD AGREEMENT (SERVICEPERFORMANCE-BASED) (Under the Xxxxxxx Company plc 2013 Long-Term Incentive Plan) TO: «First_Name» «Last_Name» Participant Name RE: Notice of Restricted Stock Unit Award (ServicePerformance-Based) This is to notify you that Perrigo Xxxxxxx Company plc (the “Company”) has granted you an Award under the Xxxxxxx Company plc 2013 Long-Term Incentive Plan (the “Plan”), effective as of ______________________ Grant Date (the “Grant Date”). This Award consists of serviceperformance-based restricted stock units. The terms and conditions of this incentive are set forth in the remainder of this agreement (including any special terms and conditions set forth in any appendix for your country (“Appendix”) (collectively, the “Agreement”). The capitalized terms that are not otherwise defined in this Agreement shall have the meanings ascribed to such terms under the Plan.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (PERRIGO Co PLC)

Income Tax and National Insurance Contribution Withholding. The following provision supplements the terms in the Agreement: If payment or withholding of the income tax due in connection with the RSUs PSUs is not made within ninety (90) days of the end of the U.K. tax year in which the event giving rise to the income tax liability or such other period specified in Section 222(1)(c) of the U.K. Income Tax (Earnings and Xxxxxxxx) Xxx 0000 occurred (the “Due Date”), the amount of any uncollected income tax shall constitute a loan owed by you to your employer, effective as of the Due Date. You agree that the loan will bear interest at the then-current official rate of Her Majesty’s Revenue & Customs (“HMRC”), it shall be immediately due and repayable, and the Company or your employer may recover it at any time thereafter by any of the means referred to in Section 2.7 of the Agreement. Notwithstanding the foregoing, if you are a director or executive officer of the Company (within the meaning of Section 13(k) of the U.S. Securities and Exchange Act of 1934, as amended), you will not be eligible for a loan from the Company or your employer to cover the income tax liability. In the event that you are a director or executive officer and the income tax is not collected from or paid by the Due Date, the amount of any uncollected income tax will constitute a benefit to you on which additional income tax and national insurance contributions (“NICs”) will be payable. You will be responsible for reporting any income tax for reimbursing the Company or your employer the value of any employee NICs due on this additional benefit. * * * * * België PERRIGO COMPANY PLC PERRIGO ACTIVE.121924324.01 XXXXXXX COMPANY PLC RESTRICTED STOCK UNIT AWARD AGREEMENT (SERVICEPERFORMANCE-BASED) (Under the Xxxxxxx Company plc 2013 2019 Long-Term Incentive Plan) TO: «First_Name» «Last_Name» Participant Name RE: Notice of Restricted Stock Unit Award (ServicePerformance-Based) This is to notify you that Perrigo Xxxxxxx Company plc (the “Company”) has granted you an Award under the Xxxxxxx Company plc 2013 2019 Long-Term Incentive Plan (the “Plan”), effective as of ______________________ Grant Date (the “Grant Date”). This Award consists of serviceperformance-based restricted stock units. The terms and conditions of this incentive are set forth in the remainder of this agreement (including any special terms and conditions set forth in any appendix for your country (“Appendix”) (collectively, the “Agreement”). The capitalized terms that are not otherwise defined in this Agreement shall have the meanings ascribed to such terms under the Plan.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (PERRIGO Co PLC)

Income Tax and National Insurance Contribution Withholding. The following provision supplements the terms in the Agreement: If payment or withholding of the income tax due in connection with the RSUs PRSUs is not made within ninety (90) days of the end of the U.K. tax year in which the event giving rise to the income tax liability or such other period specified in Section 222(1)(c) of the U.K. Income Tax (Earnings and Xxxxxxxx) Xxx 0000 occurred (the “Due Date”), the amount of any uncollected income tax shall constitute a loan owed by you to your employer, effective as of the Due Date. You agree that the loan will bear interest at the then-current official rate of Her Majesty’s Revenue & Customs (“HMRC”), it shall be immediately due and repayable, and the Company or your employer may recover it at any time thereafter by any of the means referred to in Section 2.7 of the Agreement. Notwithstanding the foregoing, if you are a director or executive officer of the Company (within the meaning of Section 13(k) of the U.S. Securities and Exchange Act of 1934, as amended), you will not be eligible for a loan from the Company or your employer to cover the income tax liability. In the event that you are a director or executive officer and the income tax is not collected from or paid by the Due Date, the amount of any uncollected income tax will constitute a benefit to you on which additional income tax and national insurance contributions (“NICs”) will be payable. You will be responsible for reporting any income tax for reimbursing the Company or your employer the value of any employee NICs due on this additional benefit. * * * * * België PERRIGO COMPANY PLC PERRIGO XXXXXXX COMPANY PLC RESTRICTED STOCK UNIT AWARD AGREEMENT (SERVICEPERFORMANCE-BASED) (Under the Xxxxxxx Perrigo Company plc 2013 Long-Term Incentive Plan) TO: «First_Name» «Last_Name» Participant Name RE: Notice of Restricted Stock Unit Award (ServicePerformance-Based) This is to notify you that Perrigo Xxxxxxx Company plc (the “Company”) has granted you an Award under the Xxxxxxx Perrigo Company plc 2013 Long-Term Incentive Plan (the “Plan”), effective as of ______________________ Grant Date (the “Grant Date”). This Award consists of serviceperformance-based restricted stock units. The terms and conditions of this incentive are set forth in the remainder of this agreement (the “Agreement”). The capitalized terms that are not otherwise defined in this Agreement shall have the meanings ascribed to such terms under the Plan.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (PERRIGO Co PLC)

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