No Withholding of Taxes. Except as may be required by applicable law, the Company shall not be responsible to withhold from any amounts due or payable to the Participant (or secure payment from the Participant in lieu of withholding) the amount of any federal, state, and/or local tax, payroll/social security taxes, unemployment insurance, or other similar costs due in connection with the grant of the Unrestricted Stock. The Participant assumes full liability for any and all taxes which may be owed by the Participant in connection with the grant of the Unrestricted Stock.
No Withholding of Taxes. Because Consultant is an independent contractor, the Company shall not withhold taxes of any sort from the consulting fees, and Consultant shall be responsible for payment of all FICA or Medicare taxes due on the consulting fees. Consultant hereby indemnifies the Company for any taxes, penalties, interest, and any accounting or attorneys’ fees incurred by the Company due to Consultant’s failure to pay taxes (including 100% of FICA and Medicare taxes) due on the consulting fees. The Company shall furnish Consultant, on a timely basis, with an IRS form 1099.
No Withholding of Taxes. Employee acknowledges that the issuance of the Shares shall constitute taxable compensation to him and that any tax liability related thereto shall be the sole responsibility of Employee. By reason of the independent status of Employee, the Company is not required to and will not withhold federal, state or local income or any other tax from any payment to Employee under this Agreement and may file information returns with the United States Internal Revenue Service or similar state or local agencies regarding such payments under conditions imposed by applicable law or regulations.
No Withholding of Taxes. By reason of the independent status of Consultant, the Company is not required to and will not withhold federal, state or local income or any other tax from any payment to Consultant under this Agreement and may file information returns with the United States Internal Revenue Service or similar state or local agencies regarding such payments under conditions imposed by applicable law or regulations.
No Withholding of Taxes. Upon the release of restrictions and subsequent delivery of the common stock underlying the Restricted Stock Units, by electronic means or by way of a stock certificate, Grantee will become subject to federal, state and local income taxes and other amounts as may be required by law, if any, with respect to such Shares. By acknowledging and accepting this Agreement in the manner provided in Section 6 hereof, the Grantee acknowledges that the Company will be required to report the compensation to the IRS, that the Grantee will be responsible for his or her tax liability, if any, and that the Company’s Plan Administrator will prepare or cause to be prepared an IRS Form 1099 on behalf of the Grantee.
No Withholding of Taxes. Upon the exercise of the Option, you will become subject to federal, state and local income taxes and other amounts as may be required by law, if any, with respect to the Shares. You acknowledge that the Company will be required to report the compensation to the IRS, that you will be responsible for your tax liability, if any, and that the Company’s Plan Administrator will prepare or cause to be prepared an IRS Form 1099 on your behalf.
No Withholding of Taxes. Upon delivery to you of a stock certificate or evidence of the book entry of Shares with respect to which all restrictions have lapsed, you will become subject to federal, state and local income taxes and other amounts as may be required by law, if any, with respect to the Shares. You acknowledge that the Company will be required to report the compensation to the IRS, that you will be responsible for your tax liability, if any, and that the Company’s Plan Administrator will prepare or cause to be prepared an IRS Form 1099 on your behalf.
No Withholding of Taxes. The parties acknowledge that any remuneration provided by this Agreement represents non-employee revenue to Director for services rendered by Director as Non-Executive Chairman and, to the extent consistent with applicable law, PRGX shall not withhold any amounts from such remuneration as federal income tax withholding from wages or as employee contributions under the Federal Insurance Contributions Act or any other federal, state or local laws. Director acknowledges that Director shall be responsible for the payment of any federal, state or local taxes resulting from such remuneration.
No Withholding of Taxes. Except as may be required by applicable law, the Company shall not be responsible to withhold from any amounts due or payable to the Participant (or secure payment from the Participant in lieu of withholding) the amount of any federal, state, and/or local tax, payroll/social security taxes, unemployment insurance, or other similar costs due in connection with the grant, vesting or payment of the Restricted Stock Units. The Participant assumes full liability for any and all taxes which may be owed by the Participant in connection with the grant, vesting or payment of the Restricted Stock Units.
No Withholding of Taxes. All payments made to Indemnified Parties pursuant to this Clause 12, shall be made free and clear of, and without withholding or deduction for any Taxes unless the Person making such payment is required to make such a withholding or deduction, in which case the sum payable in respect of a claim shall be grossed up with a view to hold the Indemnified Parties harmless of consequences of any Tax liability, if applicable, in the hands of the Indemnified Parties as a result of the such payment.
