Common use of No Tax Withholding Clause in Contracts

No Tax Withholding. The Corporation shall issue to the Internal Revenue Service and to the Director a Form 1099 and any other reporting form that may be required to report the amount of tax which the Director has incurred under applicable federal, state and local tax laws. The Corporation will not withhold such taxes, and the Director acknowledges that the Director may need to adjust his or her estimated tax payments to take the additional taxable income into account.

Appears in 6 contracts

Samples: Restricted Stock Unit Grant Agreement (Welltower Inc.), Non Employee Director (Welltower Inc.), Grant Agreement (Welltower Inc.)

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