Share Withholding. The Committee may permit a Participant to satisfy all or part of his or her withholding or income tax obligations by having the Company withhold all or a portion of any Shares that otherwise would be issued to him or her or by surrendering all or a portion of any Shares that he or she previously acquired. Such Shares shall be valued at their Fair Market Value on the date when taxes otherwise would be withheld in cash. In no event may a Participant have Shares withheld that would otherwise be issued to him or her in excess of the number necessary to satisfy the minimum legally required tax withholding.
Appears in 23 contracts
Samples: 2005 Stock Incentive Plan (EGAIN Corp), Stock Incentive Plan (Invitae Corp), Stock Incentive Plan (Invitae Corp)
Share Withholding. The Committee may permit a Participant to satisfy all or part of his or her withholding or income tax obligations by having the Company withhold all or a portion of any Shares that otherwise would be issued to him or her or by surrendering all or a portion of any Shares that he or she previously acquired. Such Shares shall be valued at their Fair Market Value on the date when taxes otherwise would be withheld in cash. In no event may a Participant have Shares withheld that would otherwise be issued to him or her in excess of the number necessary to satisfy the minimum maximum legally required tax withholding.
Appears in 20 contracts
Samples: 2020 Stock Incentive Plan (Nikola Corp), 2020 Stock Incentive Plan (Nikola Corp), 2020 Stock Incentive Plan (Vincerx Pharma, Inc.)
Share Withholding. The To the extent that applicable law subjects a Participant to tax withholding obligations, the Committee may permit a such Participant to satisfy all or part of his or her withholding or income tax such obligations by having the Company withhold all or a portion of any Common Shares that otherwise would be issued to him or her or by surrendering all or a portion of any Common Shares that he or she previously acquired. Such Common Shares shall be valued at their Fair Market Value on the date when taxes otherwise would be they are withheld in cashor surrendered. In no event may a Participant have Shares withheld that would otherwise be issued This Section 14.2 shall apply only to him or her in excess of the number necessary to satisfy the minimum legally extent required by applicable tax withholdinglaws.
Appears in 4 contracts
Samples: Alimera Sciences Inc, Alimera Sciences Inc, Alimera Sciences Inc
Share Withholding. The Committee may permit a Participant to satisfy all or part of his or her the Participant’s withholding or income tax obligations by having the Company withhold all or a portion of any Shares that otherwise would be issued to him or her or by surrendering all or a portion of any Shares that he or she the Participant previously acquired. Such Shares shall be valued at their Fair Market Value fair market value on the date when taxes otherwise would be withheld in cash. In no event may a Participant have Shares withheld that would otherwise be issued to him or her in excess of the number necessary to satisfy the minimum maximum legally required tax withholding.
Appears in 3 contracts
Samples: Stock Option Agreement (Silvaco Group, Inc.), Stock Option Agreement (Silvaco Group, Inc.), Silvaco Group, Inc.
Share Withholding. The Committee may permit a Participant to satisfy all or part of his or her the Participant’s withholding or income tax obligations by having the Company withhold all or a portion of any Shares that otherwise would be issued to him or her or by surrendering all or a portion of any Shares that he or she the Participant previously acquired. Such Shares shall be valued at their Fair Market Value fair market value on the date when taxes otherwise would be withheld in cash. In no event may a Participant have Shares withheld that would otherwise be issued to him or her in excess of the number necessary to satisfy the minimum legally required maximum applicable tax withholding.
Appears in 3 contracts
Samples: Omnibus Incentive Plan (I-Mab), Award Agreement (Interactive Strength, Inc.), 2022 Stock Incentive Plan (Interactive Strength, Inc.)
Share Withholding. The To the extent that applicable law subjects a Participant to tax withholding obligations, the Committee may permit a such Participant to satisfy all or part of his or her withholding or income tax such obligations by having the Company withhold all or a portion of any Common Shares that otherwise would be issued to him or her or by surrendering all or a portion of any Common Shares that he or she previously acquired. Such Common Shares shall be valued at their Fair Market Value on the date when taxes otherwise would be they are withheld in cash. In no event may a Participant have Shares withheld that would otherwise be issued to him or her in excess of the number necessary to satisfy the minimum legally required tax withholdingsurrendered.
Appears in 3 contracts
Samples: Vanda Pharmaceuticals Inc., Blue Coat Systems Inc, Selectica Inc
Share Withholding. The Committee may permit a Participant to satisfy all or part of his or her withholding or income tax obligations by having the Company withhold all or a portion of any Shares that otherwise would be issued to him or her or by surrendering all or a portion of any Shares that he or she previously acquired. Such Shares shall be valued at their Fair Market Value on the date when taxes otherwise would be withheld in cash. In no event may a Participant have Shares withheld that would otherwise be issued to him or her in excess of the number necessary to satisfy the minimum legally required tax withholding, except to the extent such additional withholding does not result in adverse accounting treatment to the Company.
Appears in 2 contracts
Samples: Stock Unit Agreement (Financial Engines, Inc.), Stock Unit Agreement (Financial Engines, Inc.)
Share Withholding. The Committee may permit a Participant to satisfy all or part of his or her the Participant’s withholding or income tax obligations by having the Company withhold all or a portion of any Shares that otherwise would be issued to him or her the Participant or by surrendering all or a portion of any Shares that he or she the Participant previously acquired. Such Shares shall be valued at their Fair Market Value on the date when taxes otherwise would be withheld in cash. In no event may a Participant have Shares withheld that would otherwise be issued to him or her the Participant in excess of the number necessary to satisfy the minimum maximum legally required tax withholding.
Appears in 2 contracts
Samples: Stock Incentive Plan (Rockley Photonics Holdings LTD), Business Combination Agreement and Plan of Merger (SC Health Corp)
Share Withholding. The Committee may permit a Participant to satisfy all or part of his or her withholding or income tax obligations by having the Company withhold all or a portion of any Common Shares that otherwise would be issued to him or her or by surrendering all or a portion of any Common Shares that he or she previously acquired. Such Common Shares shall be valued at their Fair Market Value on the date when taxes otherwise would be withheld in cash. In no event may a Participant have Shares withheld that would otherwise be issued to him or her in excess of the number necessary to satisfy the minimum legally required tax withholding.
Appears in 2 contracts
Samples: 1997 Stock Incentive Plan (Heska Corp), Affymetrix Inc
Share Withholding. The Committee may permit a Participant to satisfy all or part of his or her withholding or income tax obligations by having the Company withhold all or a portion of any Common Shares that otherwise would be issued to him or her or by surrendering all or a portion of any Common Shares that he or she previously acquired. Such Common Shares shall be valued at their Fair Market Value on the date when taxes otherwise would be they are withheld in cash. In no event may a Participant have Shares withheld that would otherwise be issued to him or her in excess of the number necessary to satisfy the minimum legally required tax withholdingsurrendered.
Appears in 2 contracts
Samples: Redback Networks Inc, Selectica Inc
Share Withholding. The Committee may permit a Participant to satisfy all or part of his or her withholding or income tax obligations by having the Company withhold all or a portion of any Common Shares that otherwise would be issued to him or her or by surrendering all or a portion of any Common Shares that he or she previously acquired. Such Common Shares shall be valued at their Fair Market Value on the date when taxes otherwise would be withheld in cash. In no event Any payment of taxes by assigning Common Shares to the Company may a Participant have Shares withheld that would otherwise be issued subject to him or her in excess restrictions, including any restrictions required by rules of the number necessary to satisfy the minimum legally required tax withholdingSecurities and Exchange Commission.
Appears in 2 contracts
Samples: Nanogen Inc, Zilog Inc
Share Withholding. The Committee may permit a Participant to satisfy all or part of his or her withholding or income tax obligations by having the Company withhold all or a portion of any Shares shares of Common Stock that otherwise would be issued to him or her or by surrendering all or a portion of any Shares shares of Common Stock that he or she previously acquired. Such Shares shares of Common Stock shall be valued at their Fair Market Value on the date when taxes otherwise would be withheld in cash. In no event may a Participant have Shares withheld that would otherwise be issued to him or her in excess of the number necessary to satisfy the minimum legally required tax withholding.
Appears in 2 contracts
Samples: Equinix Inc, Equinix Inc
Share Withholding. The Committee may permit a Participant to satisfy all or part of his or her withholding or income tax obligations by having the Company withhold all or a portion of any Common Shares that otherwise would be issued to him or her or by surrendering all or a portion of any Common Shares that he or she previously acquired. Such Common Shares shall be valued at their Fair Market Value on the date when taxes otherwise would be they are withheld in cashor surrendered. In no event may a Participant have Shares withheld that would otherwise be issued to him or her in excess of the number necessary to satisfy the minimum legally required tax withholding.This is hidden text! Do not erase!
Appears in 1 contract
Samples: Actionpoint Inc
Share Withholding. The Committee may permit a Participant to satisfy all or part of his or her ofthe Participant’s withholding or income tax obligations by having the Company withhold all or a portion of any Shares that otherwise would be issued to him or her or by surrendering all or a portion of any Shares that he or she previously acquired. Such Shares shall be valued at their Fair Market Value on the date when taxes otherwise would be withheld in cash. In no event may a Participant have Shares withheld that would otherwise be issued to him or her in excess of the number necessary to satisfy the minimum legally required maximum applicable tax withholding.withholding rate. NIKOLA CORPORATION 2022 INDUCEMENT PLAN
Appears in 1 contract
Samples: Nikola Corp
Share Withholding. The Committee may permit a Participant to satisfy all or part of his or her withholding or income tax obligations by having the Company withhold all or a portion of any Shares that otherwise would be issued to him or her or by surrendering all or a portion of any Shares that he or she previously acquired. Such Shares shall be valued at their Fair Market Value on the date when taxes otherwise would be withheld in cashwithheld. In no event may a Participant have Shares withheld that would otherwise be issued to him or her in excess of the number necessary to satisfy the minimum maximum legally required tax withholding.
Appears in 1 contract
Samples: 2022 Stock Incentive Plan (CENNTRO ELECTRIC GROUP LTD)
Share Withholding. The Committee may permit To the extent that applicable law subjects a Participant to tax withholding obligations, the Committee shall require that the Participant satisfy all or part of his or her such withholding or income tax obligations by having remitting cash to the Company unless, in the Company’s discretion, the Company decides to withhold all or a portion of any Common Shares that otherwise would be issued to him or her or by surrendering all or a portion of any Shares that he or she previously acquiredthe Participant. Such Common Shares shall be valued at their Fair Market Value on the date when taxes otherwise would be withheld in cashthey are withheld. In no event may a Participant have Shares withheld that would otherwise be issued This Section 15.2 shall apply only to him or her in excess of the number necessary to satisfy the minimum legally extent required by applicable tax withholdinglaws.
Appears in 1 contract
Samples: Cal-Maine Foods Inc
Share Withholding. The To the extent that applicable law subjects a Participant to tax withholding obligations, the Committee may permit a such Participant to satisfy all or part of his or her withholding or income tax such obligations by having the Company withhold all or a portion of any Common Shares that otherwise would be issued to him or her or by surrendering all or a portion of any Common Shares that he or she previously acquired, in each case having a Fair Market Value equal to the minimum amount required to be withheld. Such Common Shares shall be valued at their Fair Market Value on the date when taxes otherwise would be they are withheld in cash. In no event may a Participant have Shares withheld that would otherwise be issued to him or her in excess of the number necessary to satisfy the minimum legally required tax withholdingsurrendered.
Appears in 1 contract
Samples: Riverbed Technology, Inc.
Share Withholding. The To the extent that applicable law subjects a Participant to tax withholding obligations, the Committee may permit a such Participant to satisfy all or part of his or her withholding or income tax such obligations by having the Company withhold all or a portion of any Shares shares of Common Stock that otherwise would be issued to him or her or by surrendering all or a portion of any Shares shares of Common Stock that he or she previously acquired. Such Shares shares of Common Stock shall be valued at their Fair Market Value on the date when taxes otherwise would be they are withheld in cash. In no event may a Participant have Shares withheld that would otherwise be issued to him or her in excess of the number necessary to satisfy the minimum legally required tax withholdingsurrendered.
Appears in 1 contract
Samples: Cutter & Buck Inc
Share Withholding. The To the extent that applicable law subjects a Participant to tax withholding obligations, the Committee may permit a such Participant to satisfy all or part of his or her withholding or income tax such obligations by having the Company withhold all or a portion of any Common Shares that otherwise would be issued to him or her or by surrendering all or a portion of any Common Shares that he or she previously acquired. Such Common Shares shall be valued at their Fair Market Value on the date when taxes otherwise would be they are withheld in cash. In no event may a Participant have Shares withheld that would otherwise be issued to him or her in excess of the number necessary to satisfy the minimum legally required tax withholdingsurrendered.
Appears in 1 contract
Samples: GlassHouse Technologies Inc
Share Withholding. The Committee may permit a Participant to satisfy all or part of his or her the Participant’s withholding or income tax obligations by having the Company withhold all or a portion of any Shares that otherwise would be issued to him or her or by surrendering all or a portion of any Shares that he or she the Participant previously acquired. Such Shares shall be valued at their Fair Market Value on the date when taxes otherwise would be withheld in cash. In no event may a Participant have Shares withheld that would otherwise be issued to him or her in excess of the number necessary to satisfy the minimum maximum legally required tax withholding.
Appears in 1 contract
Share Withholding. The Committee may permit a Participant to satisfy all or part of his or her withholding or income tax obligations by having the Company withhold all or a portion of any Shares that otherwise would be issued to him or her or by surrendering all or a portion of any Shares that he or she previously acquired. Such Shares shall be valued at their Fair Market Value on the date when taxes otherwise would be withheld in cash. In no event may a Participant have Shares withheld that would otherwise be issued to him or her in excess of the number necessary to satisfy the minimum maximum legally required tax withholding.. SITIME CORPORATION AMENDED AND RESTATED 2022 INDUCEMENT AWARD PLAN 281753960 v1
Appears in 1 contract
Share Withholding. The To the extent that applicable law subjects a Participant to tax withholding obligations, the Committee may permit a such Participant to satisfy all or part of his or her withholding or income tax such obligations by having the Company Corporation withhold all or a portion of any Common Shares that otherwise would be issued to him or her or by surrendering all or a portion of any Common Shares that he or she previously acquired. Such Common Shares shall be valued at their Fair Market Value on the date when taxes otherwise would be they are withheld in cash. In no event may a Participant have Shares withheld that would otherwise be issued to him or her in excess of the number necessary to satisfy the minimum legally required tax withholdingsurrendered.
Appears in 1 contract
Samples: Theravance Inc
Share Withholding. The Committee may permit a Participant to satisfy all or part of his or her withholding or income tax obligations by having the Company withhold all or a portion of any Shares that otherwise would be issued to him or her or by surrendering all or a portion of any Shares that he or she previously acquired. Such Shares shall be valued at their Fair Market Value on the date when taxes otherwise would be withheld in cash. In no event may a Participant have Shares withheld that would otherwise be issued to him or her in excess of the number necessary to satisfy the minimum maximum legally required tax withholding.. PLUS THERAPEUTICS, INC. 2020 STOCK INCENTIVE PLAN
Appears in 1 contract
Samples: Plus Therapeutics, Inc.
Share Withholding. The Committee may permit a Participant to satisfy all or part of his or her withholding or income tax obligations by having the Company withhold all or a portion of any Shares that otherwise would be issued to him or her or by surrendering all or a portion of any Shares that he or she previously acquired. Such Shares shall be valued at their Fair Market Value on the date when taxes otherwise would be withheld in cash. In no event Any payment of taxes by assigning Shares to the Company may a Participant have Shares withheld that would otherwise be issued subject to him restrictions, including any restrictions required by rules of any federal or her in excess of the number necessary to satisfy the minimum legally required tax withholdingstate regulatory body or other authority.
Appears in 1 contract
Share Withholding. The Committee may permit a Participant to satisfy all or part of his or her withholding or income tax obligations by having the Company withhold all or a portion of any Shares that otherwise would be issued to him or her or by surrendering all or a portion of any Shares that he or she previously acquired. Such Shares shall be valued at their Fair Market Value on the date when taxes otherwise would be withheld in cash. In no event may a Participant have Shares withheld that would otherwise be issued to him or her in excess of the number necessary to satisfy the minimum maximum legally required tax withholding.. TECHPOINT, INC. 2017 STOCK INCENTIVE PLAN
Appears in 1 contract
Share Withholding. The Committee may permit a Participant to satisfy all or part of his or her the Participant’s withholding or income tax obligations by having the Company withhold all or a portion of any Shares that otherwise would be issued to him or her or by surrendering all or a portion of any Shares that he or she the Participant previously acquired. Such Shares shall be valued at their Fair Market Value fair market value on the date when taxes otherwise would be withheld in cash. In no event may a Participant have Shares withheld that would otherwise be issued to him or her such Participant in excess of the number necessary to satisfy the minimum legally required maximum applicable tax withholding.
Appears in 1 contract
Samples: Business Combination Agreement (Pathfinder Acquisition Corp)