Payment of Taxes Upon Settlement. As a condition of the delivery of payment under this Agreement, the Participant agrees that the Company shall withhold a sufficient number of shares of Stock or cash from such payment for any taxes required to be withheld by the Company under Federal, State or local law as a result of the settlement of the Performance Shares in an amount sufficient to satisfy the minimum amount of taxes that is required to be withheld. To the extent permitted under the Plan, the Committee may allow for additional withholding of taxes.
Appears in 4 contracts
Samples: Performance Share Agreement (Conagra Brands Inc.), Performance Share Agreement (Conagra Brands Inc.), Performance Shares Agreement (Conagra Brands Inc.)
Payment of Taxes Upon Settlement. As a condition of the delivery of the payment under this Agreement, the Participant agrees that the Company shall withhold a sufficient number of shares of Stock or cash from such payment for any taxes required to be withheld by the Company under Federal, State or local law as a result of the settlement of the Performance Shares in an amount sufficient to satisfy the minimum amount of taxes that is required to be withheld. To the extent permitted under the Plan, the Committee may allow for additional withholding of taxes.
Appears in 2 contracts
Samples: Performance Share Agreement (Conagra Brands Inc.), Performance Share Agreement (Conagra Brands Inc.)
