Option 2. ¨ Tendering to the Company the number of unrestricted shares of Company common stock owned by the Grantee for a period of at least six months prior to the date on which Withholding Taxes are due and having a value equal to the Mandatory Withholding Taxes. OPTION 3: ¨ Paying to the Company in cash an amount up to the Withholding Taxes but not less than the Mandatory Withholding Taxes. In the event that none of the payment options set forth above is specified, the Grantee’s election shall be deemed to be Option 1, and the Company shall proceed accordingly.
Appears in 3 contracts
Samples: Restricted Stock Unit Agreement (Intermec, Inc.), Restricted Stock Unit Agreement (Intermec, Inc.), Restricted Stock Unit Agreement (Intermec, Inc.)
Option 2. ¨ o Tendering to the Company the number of unrestricted shares of Company common stock Common Stock owned by the Grantee for a period of at least six months prior to the date on which Withholding Taxes are due and having a value equal to the Mandatory Withholding Taxes. OPTION 3: ¨ o Paying to the Company in cash an amount up to the Withholding Taxes but not less than the Mandatory Withholding Taxes. In the event that none of the payment options set forth above is specified, the Grantee’s election shall be deemed to be Option 1, and the Company shall proceed accordingly.
Appears in 2 contracts
Samples: Restricted Stock Unit Agreement (Intermec, Inc.), Restricted Stock Unit Agreement (Unova Inc)
