Common use of Satisfaction of Taxes and Tax Withholding Requirements Clause in Contracts

Satisfaction of Taxes and Tax Withholding Requirements. The Company shall be entitled and is authorized, if required by law in order to obtain favorable tax treatment, as reasonably determined by the Committee or the Board of Directors, to withhold (or secure payment from the Optionee in lieu of withholding) the amount of any applicable withholding taxes as provided in the Plan. The Company may defer delivery of any Common Shares pursuant to the exercise of the Option unless indemnified to its satisfaction in this regard.

Appears in 18 contracts

Samples: Stock Option Agreement (Guitammer Co), Stock Option Agreement (Guitammer Co), Stock Option Agreement (Guitammer Co)

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Satisfaction of Taxes and Tax Withholding Requirements. The Company shall be entitled and is authorized, if required by law in order to obtain favorable tax treatment, as reasonably determined by the Committee or the Board of Directors, to withhold (or secure payment from the Optionee Holder in lieu of withholding) the amount of any applicable withholding taxes as provided in the Plantaxes. The Company may defer delivery of any Common Shares pursuant to the exercise of the Option Warrant unless indemnified to its satisfaction in this regard.

Appears in 4 contracts

Samples: Warrant Agreement (Guitammer Co), Warrant Agreement (Guitammer Co), Warrant Agreement (Guitammer Co)

Satisfaction of Taxes and Tax Withholding Requirements. The Company shall be entitled and is authorized, if required by law in order to obtain favorable tax treatment, as reasonably determined by the Committee deems it necessary or the Board of Directorsdesirable, to withhold (or secure payment from the Optionee in lieu of withholding) the amount of any applicable withholding taxes as provided in the Plan. The Company may defer delivery of any Common Shares pursuant to the exercise of the Option unless indemnified to its satisfaction in this regard.

Appears in 3 contracts

Samples: Stock Option Agreement (Guitammer Co), Stock Option Agreement (Guitammer Co), Stock Option Agreement (Guitammer Co)

Satisfaction of Taxes and Tax Withholding Requirements. The Company shall be entitled and is authorized, if required by law in order to obtain favorable tax treatment, as reasonably determined by the Committee or the Board of Directors, to withhold (or secure payment from the Optionee in lieu of withholding) the amount of any applicable withholding taxes as provided in the Plan. Nam The Company may defer delivery of any Common Shares pursuant to the exercise of the Option unless indemnified to its satisfaction in this regard.

Appears in 2 contracts

Samples: Stock Option Agreement (Guitammer Co), Stock Option Agreement (Guitammer Co)

Satisfaction of Taxes and Tax Withholding Requirements. The Company shall be entitled and is authorized, if required by law in order to obtain favorable tax treatment, as reasonably determined by the Committee Cominittee or the Board of Directors, to withhold (or secure payment from the Optionee in lieu of withholding) the amount of any applicable withholding taxes as provided in the Plan. The Company may defer delivery of any Common Shares pursuant to the exercise of the Option unless indemnified to its satisfaction in this regard.

Appears in 2 contracts

Samples: Stock Option Agreement (Guitammer Co), Stock Option Agreement (Guitammer Co)

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Satisfaction of Taxes and Tax Withholding Requirements. The Company shall be entitled and is authorized, if required by law in order to obtain favorable tax treatment, as reasonably determined by the Committee or the Board of Directors, to withhold (or secure payment from the Optionee Holder in lieu of withholding) the amount of any applicable withholding taxes as provided in the Plan. taxes, The Company may defer delivery of any Common Shares pursuant to the exercise of the Option Warrant unless indemnified to its satisfaction in this regard.

Appears in 2 contracts

Samples: Warrant Agreement (Guitammer Co), Warrant Agreement (Guitammer Co)

Satisfaction of Taxes and Tax Withholding Requirements. The Company shall Companyshall be entitled and is authorized, if required by law in order to obtain favorable tax treatment, as reasonably determined by the Committee deems it necessary or the Board of Directorsdesirable, to withhold (or secure payment from the Optionee in lieu of withholding) the amount of any applicable withholding taxes as provided in the Plan. The Company may defer delivery of any Common Shares pursuant to the exercise of the Option unless indemnified to its satisfaction in this regard.

Appears in 2 contracts

Samples: Stock Option Agreement (Guitammer Co), Stock Option Agreement (Guitammer Co)

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