Common use of Payment in Stock Clause in Contracts

Payment in Stock. Immediately prior to the payment of any shares of Common Stock to Participant in respect of vested RSUs, the Participant shall remit an amount sufficient to satisfy any Federal, state and/or local withholding tax due on the receipt of such Common Stock. At the election of the Participant, and subject to such rules as may be established by the Committee, such withholding obligations may be satisfied through the surrender of shares of Common Stock (otherwise payable to Participant in respect of such vested RSUs) having a value, as of the date that such vested RSUs first became payable, sufficient to satisfy the applicable tax obligation.

Payment in Stock. Immediately prior to the payment of any shares of Common Stock to Participant in respect of vested earned RSUs, the Participant shall remit an amount sufficient to satisfy any Federal, state and/or local withholding tax due on the receipt of such Common Stock. At the election of the Participant, and subject to such rules as may be established by the Committee, such withholding obligations may be satisfied through the surrender of shares of Common Stock (otherwise payable to Participant in respect of such vested earned RSUs) having a value, as of the date that such vested earned RSUs first became payable, sufficient to satisfy the applicable tax obligation.

Payment in Stock. Immediately prior to the payment of any shares of Common Stock to Participant in respect of vested RSUs, the Participant shall remit an amount sufficient to satisfy any Federal, state and/or local withholding tax due on the receipt of such Common Stock. At the election of the Participant, and subject to such rules as may be established by the Committee, such withholding obligations may be satisfied through the surrender of shares of Common Stock (otherwise payable to Participant in respect of such vested RSUs) having a value, as of the date that such vested RSUs first became payable, sufficient to satisfy the applicable tax obligation.. 2.3

Payment in Stock. Immediately prior to the payment of any shares of Common Stock to Participant in respect of vested earned RSUs, the Participant shall remit an amount sufficient to satisfy any Federal, state and/or local withholding tax due on the receipt of such Common Stock. At the election of the Participant, and subject to such rules as may be established by the Committee, such withholding obligations may be satisfied through the surrender of shares of Common Stock (otherwise payable to Participant in respect of such vested earned RSUs) having a value, as of the date that of such vested earned RSUs first became payable, sufficient to satisfy the applicable tax obligation.

Payment in Stock. Immediately prior to the payment of any shares of Common Stock to the Participant in respect of vested earned RSUs, the Participant shall remit an amount sufficient to satisfy any Federal, state and/or local withholding tax due on the receipt of such Common Stock. At the election of the Participant, and subject to such rules as may be established by the Committee, such withholding obligations may be satisfied through the surrender of shares of Common Stock (otherwise payable to the Participant in respect of such vested earned RSUs) having a value, as of the date that of such vested earned RSUs first became payable, sufficient to satisfy the applicable tax obligation.