Joint Election. As a condition of the Grantee’s participation in the Plan, the Grantee agrees to accept any liability for secondary Class 1 national insurance contributions which may be payable by the Company and/or the Employer in connection with the Option and any event giving rise to Tax-Related Items (the “Employer’s NICs”). Without limitation to the foregoing, the Grantee agrees to enter into a joint election with the Company (the “Joint Election”), the form of such Joint Election being formally approved by HMRC, and to execute any other consents or elections required to accomplish the transfer of the Employer’s NICs to the Grantee. The Grantee further agrees to execute such other joint elections as may be required between the Grantee and any successor to the Company and/or the Employer. The Grantee further agrees that the Company and/or the Employer may collect the Employer’s NICs from him or her by any of the means set forth in Section 8 of the Agreement.
Appears in 4 contracts
Samples: Non Qualified Stock Option Agreement (Time Inc.), Non Qualified Stock Option Agreement (Time Inc.), Non Qualified Stock Option Agreement (Time Inc.)
Joint Election. As a condition of the Grantee’s participation in the Plan, the Grantee agrees to accept any liability for secondary Class 1 national insurance contributions which may be payable by the Company and/or the Employer in connection with the Option RSUs and any event giving rise to Tax-Related Items (the “Employer’s NICs”). Without limitation to the foregoing, the Grantee agrees to enter into a joint election with the Company (the “Joint Election”), the form of such Joint Election being formally approved by HMRC, and to execute any other consents or elections required to accomplish the transfer of the Employer’s NICs to the Grantee. The Grantee further agrees to execute such other joint elections as may be required between the Grantee and any successor to the Company and/or the Employer. The Grantee further agrees that the Company and/or the Employer may collect the Employer’s NICs from him or her by any of the means set forth in Section 8 6 of the Agreement.
Appears in 3 contracts
Samples: Restricted Stock Units Agreement (Time Inc.), Restricted Stock Units Agreement (Time Inc.), Restricted Stock Units Agreement (Time Inc.)
Joint Election. As a condition of the Grantee’s participation in purchase of Shares under the Plan, the Grantee Participant agrees to accept any liability for secondary Class 1 national insurance contributions NICs (“Employer NICs”) which may be payable by the Company and/or or the Employer with respect to the purchase of the Shares or otherwise payable in connection with the Option and any event giving rise right to Tax-Related Items (the “Employer’s NICs”)acquire Shares. Without limitation to To accomplish the foregoing, the Grantee Participant agrees to enter into execute a joint election with the Company and/or the Employer (the “Joint Election”), the form of such Joint Election being formally approved by HM Revenue and Customs (“HMRC”), and to execute any other consents consent or elections required to accomplish the transfer of the Employer’s Employer NICs to the GranteeParticipant. The Grantee Participant further agrees to execute such other joint elections as may be required between the Grantee Participant and any successor to the Company and/or the Employer. The Grantee Participant agrees to enter into an Election prior to the exercise of any Options. Participant further agrees that the Company and/or the Employer may collect the Employer’s Employer NICs from him or her by any of the means set forth in Section 8 II.F of the Option Agreement.
Appears in 3 contracts
Samples: Stock Option Agreement (Dolby Laboratories, Inc.), Stock Option Agreement (Dolby Laboratories, Inc.), Stock Option Agreement (Dolby Laboratories, Inc.)
Joint Election. As a condition of the Grantee’s participation in the Plan, the Grantee agrees to accept any liability for secondary Class 1 national insurance contributions which may be payable by the Company and/or the Employer in connection with the Option PSUs and any event giving rise to Tax-Related Items (the “Employer’s NICs”). Without limitation to the foregoing, the Grantee agrees to enter into a joint election with the Company (the “Joint Election”), the form of such Joint Election being formally approved by HMRC, and to execute any other consents or elections required to accomplish the transfer of the Employer’s NICs to the Grantee. The Grantee further agrees to execute such other joint elections as may be required between the Grantee and any successor to the Company and/or the Employer. The Grantee further agrees that the Company and/or the Employer may collect the Employer’s NICs from him or her by any of the means set forth in Section 8 6 of the Agreement.
Appears in 3 contracts
Samples: Performance Stock Units Agreement (Time Inc.), Performance Stock Units Agreement (Time Inc.), Performance Stock Units Agreement (Time Inc.)
Joint Election. As a condition of the GranteeParticipant’s participation in the Plan, the Grantee Participant agrees to accept any liability for secondary Class 1 national insurance contributions which may be payable by the Company and/or the Employer in connection with the Option Restricted Stock Unit and any event giving rise to Tax-Related Items (the “Employer’s NICs”). Without limitation to the foregoing, the Grantee Participant agrees to enter into a joint election with the Company (the “Joint Election”), the form of such Joint Election being formally approved by HMRC, and to execute any other consents or elections required to accomplish the transfer of the Employer’s NICs to the GranteeParticipant. The Grantee Participant further agrees to execute such other joint elections as may be required between the Grantee Participant and any successor to the Company and/or the Employer. The Grantee Participant further agrees that the Company and/or the Employer may collect the Employer’s NICs from him or her by any of the means set forth in Plan or in Section 8 3 of the Restricted Stock Unit Agreement.
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (INC Research Holdings, Inc.)