Common use of Payment of the Employer’s Liability Clause in Contracts

Payment of the Employer’s Liability. 4.1 The Employee hereby authorises Sun and/or the UK Employer to collect the Employer’s Liability from the Employee at any time after the Taxable Event: (i) by deduction from salary or any other payment payable to the Employee at any time on or after the date of the Taxable Event; and/or (ii) directly from the Employee by payment in cash or cleared funds; and/or (iii) by arranging, on behalf of the Employee, for the sale of some of the securities which the Employee is entitled to receive in respect of the RSUs; and/or (iv) through any other method as set forth in the Award Agreement entered into between the Employee and Sun. 4.2 Sun hereby reserves for itself and the UK Employer the right to withhold the transfer of any securities to the Employee until full payment of the Employer’s Liability is received. 4.3 Sun agrees to remit the Employer’s Liability to Her Majesty’s Revenue and Customs (“HMRC”) on behalf of the Employee within 14 days after the end of the UK tax month during which the Taxable Event occurs.

Payment of the Employer’s Liability. 4.1 The Employee hereby authorises Sun and/or the UK Employer to collect the Employer’s Liability from the Employee at any time after the Taxable Event: (i) by deduction from salary or any other payment payable to the Employee at any time on or after the date of the Taxable Event; and/or (ii) directly from the Employee by payment in cash or cleared funds; and/or (iii) by arranging, on behalf of the Employee, for the sale of some of the securities which the Employee is entitled to receive in respect of the RSUsOptions; and/or (iv) through any other method as set forth in the Award Agreement entered into between the Employee and Sun. 4.2 Sun hereby reserves for itself and the UK Employer the right to withhold the transfer of any securities to the Employee until full payment of the Employer’s Liability is received. 4.3 Sun agrees to remit the Employer’s Liability to Her Majesty’s Revenue and Customs (“HMRC”) on behalf of the Employee within 14 days after the end of the UK tax month during which the Taxable Event occurs.

Payment of the Employer’s Liability. 4.1 a. The Employee hereby authorises Sun the Company and/or the UK Employer to collect the Employer’s Liability from the Employee at any time after the Taxable Chargeable Event: (i) by deduction from salary or any other payment payable to the Employee at any time on or after the date of the Taxable Chargeable Event; and/or (ii) directly from the Employee by payment in cash or cleared funds; and/or (iii) by arranging, on behalf of the Employee, for the sale of some of the securities which the Employee is entitled to receive in respect of the RSUsAwards; and/or (iv) through by any other method as set forth means specified in the Award Agreement entered into between the Employee and Sunapplicable award agreement. 4.2 Sun b. The Company hereby reserves for itself and the UK Employer the right to withhold the transfer of any securities to the Employee in respect of the Awards until full payment of the Employer’s Liability is received. 4.3 Sun c. The Company agrees to remit procure the remittance by the Employer of the Employer’s Liability to Her Majesty’s HM Revenue and & Customs (“HMRC”) on behalf of the Employee within 14 days after the end of the UK tax month during which the Taxable Chargeable Event occurs (or within 17 days after the end of the UK tax month during which the Chargeable Event occurs, if payments are made electronically).