Common use of Right to Retain Shares Clause in Contracts

Right to Retain Shares. The Company may refuse to issue any Shares to you until you satisfy the Tax Withholding Obligation. To the maximum extent permitted by law, the Company has the right to retain without notice from Shares issuable under the Award or from salary payable to you, Shares or cash having a value sufficient to satisfy the Tax Withholding Obligation.

Appears in 8 contracts

Samples: Independent Contractor Agreement (Amazon Com Inc), Rsu Ltip Agreement (Lionbridge Technologies Inc /De/), Form of Agreement (Lionbridge Technologies Inc /De/)

AutoNDA by SimpleDocs

Right to Retain Shares. The Company may refuse to issue any Shares to you the Participant until you satisfy he or she satisfies the Tax Withholding Obligation. To the maximum extent permitted by law, the Company has the right to retain without notice from Shares issuable under the Award RSU or from salary or other amounts payable to youthe Participant, Shares or cash having a value sufficient to satisfy the Tax Withholding Obligation.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Knight Ridder Inc), Restricted Stock Unit Agreement (Knight Ridder Inc), Nexx Systems Inc

AutoNDA by SimpleDocs

Right to Retain Shares. The Company may refuse to issue any Shares to you until you satisfy the Tax Withholding Obligation. To the maximum extent permitted by law, the Company has the right to retain without notice from Shares issuable under the Award or from salary or other amounts payable to you, Shares or cash having a value sufficient to satisfy the Tax Withholding Obligation.

Appears in 3 contracts

Samples: Performance Stock Unit Award Agreement (Asiainfo Holdings Inc), Restricted Stock Unit Award Agreement (Amazon Com Inc), Performance Stock Unit Award Agreement (Asiainfo Holdings Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!