Common use of Share Withholding Clause in Contracts

Share Withholding. With respect to withholding required upon any other taxable event arising as a result of Restricted Stock awards granted hereunder, you may elect, subject to the approval of the Compensation Committee, to satisfy the withholding requirement, in whole or in part, by having the Company withhold shares having a fair market value on the date the tax is to be determined equal to the minimum statutory total tax which could be withheld on the transaction. All such elections shall be irrevocable, made in writing, signed by you, and shall be subject to any restrictions or limitations that the Committee, in its sole discretion, deems appropriate.

Share Withholding. With respect to withholding required upon any other taxable event arising as a result of Restricted Stock awards Awards granted hereunder, you the Participant may elect, subject to the approval of the Compensation Committee, to satisfy the withholding requirement, in whole or in part, by having the Company withhold shares Performance Share Units having a fair market value Fair Market Value on the date the tax is to be determined equal to the minimum statutory total tax which could be withheld on the transaction. All such elections shall be irrevocable, made in writing, signed by youthe Participant, and shall be subject to any restrictions or limitations that the Committee, in its sole discretion, deems appropriate.

Share Withholding. With respect to withholding required upon the lapse of restrictions or upon any other taxable event arising as a result of Restricted Stock awards the Awards granted hereunder, you the Participants may elect, subject to the approval of the Compensation CommitteeBoard, to satisfy the withholding requirement, in whole or in part, by having the Company withhold shares having a fair market value Fair Market Value on the date the tax is to be determined equal to the minimum statutory total tax which that could be withheld imposed on the transaction. All such elections shall be irrevocable, made in writing, signed by youthe Participant, and shall be subject to any restrictions or limitations that the Committee, in its sole discretion, deems appropriate.

Share Withholding. With respect to withholding required upon any other taxable event arising as a result of Restricted Stock awards Awards granted hereunder, you the Participant may elect, subject to the approval of the Compensation Committee, to satisfy the withholding requirement, in whole or in part, by having the Company Xxxxx-Danfoss Group withhold shares Performance Units having a fair market value Fair Market Value on the date the tax is to be determined equal to the minimum statutory total tax which could be withheld on the transaction. All such elections shall be irrevocable, made in writing, signed by youthe Participant, and shall be subject to any restrictions or limitations that the Committee, in its sole discretion, deems appropriate.

Share Withholding. With respect to withholding required upon the exercise of Options or upon any other taxable event arising as a result of Restricted Stock awards granted hereunder, you Participant may elect, subject to the approval of the Compensation Committee, to satisfy the withholding requirement, in whole or in part, by having the Company withhold shares Shares having a fair market value Fair Market Value on the date the tax is to be determined equal to the minimum statutory total tax which could be withheld imposed on the transaction. All such elections shall be irrevocable, made in writing, signed by youthe Participant, and shall be subject to any restrictions or limitations that the Committee, in its sole discretion, deems appropriate.

Share Withholding. With respect to withholding required upon any other taxable event arising as a result of Restricted Stock awards the SARs granted hereunder, you may elect, subject to the approval of the Compensation Committee, to satisfy the withholding requirement, in whole or in part, by having the Company withhold shares Shares having a fair market value Fair Market Value on the date the tax is to be determined equal to the minimum statutory total tax which could be withheld on the transaction. All such elections shall be irrevocable, made in writing, signed by yousigned, and shall be subject to any restrictions or limitations that the Committee, in its sole discretion, deems appropriate.

Share Withholding. With respect to withholding required upon any other taxable event arising as a result of Restricted the Stock awards Options granted hereunder, you may elect, subject to the approval of the Compensation Committee, to satisfy the withholding requirement, in whole or in part, by having the Company withhold shares Shares having a fair market value Fair Market Value on the date the tax is to be determined equal to the minimum statutory total tax which could be withheld on the transaction. All such elections shall be irrevocable, made in writing, signed by yousigned, and shall be subject to any restrictions or limitations that the Committee, in its sole discretion, deems appropriate.

Share Withholding. With respect to withholding required upon any other taxable event arising as a result of Restricted Stock awards Awards granted hereunder, you the Participant may elect, subject to the approval of the Compensation Committee, to satisfy the withholding requirement, in whole or in part, by having the Company withhold shares Shares having a fair market value Fair Market Value on the date the tax is to be determined equal to the minimum statutory total tax which could be withheld on the transaction. All such elections shall be irrevocable, made in writing, signed by youthe Participant, and shall be subject to any restrictions or limitations that the Committee, in its sole discretion, deems appropriate.

Share Withholding. With respect to withholding required upon any other taxable event arising as a result of Restricted Stock awards Awards granted hereunder, you the Participant may elect, subject to the approval of the Compensation Committee, to satisfy the withholding requirement, in whole or in part, by having the Company withhold shares Shares having a fair market value Fair Market Value on the date the tax is to be determined equal to the minimum statutory total tax which could be withheld on the transaction. All such elections shall be irrevocable, made in writing, signed by youthe Participant, and shall be subject to any restrictions or limitations that the Committee, in its sole discretion, deems appropriate.

Share Withholding. With respect to withholding required upon any other taxable event arising as a result of Restricted Stock awards Awards granted hereunder, you the Participant may elect, subject to the approval of the Compensation Committee, to satisfy the withholding requirement, in whole or in part, by having the Company Sxxxx-Danfoss Group withhold shares Performance Units having a fair market value Fair Market Value on the date the tax is to be determined equal to the minimum statutory total tax which could be withheld on the transaction. All such elections shall be irrevocable, made in writing, signed by youthe Participant, and shall be subject to any restrictions or limitations that the Committee, in its sole discretion, deems appropriate.

Share Withholding. With respect to withholding required upon the exercise of Options or upon any other taxable event arising as a result of Restricted Stock awards Awards granted hereunder, you Participant may elect, subject to the approval of the Compensation Committee, to satisfy the withholding requirement, in whole or in part, by having the Company withhold shares Shares having a fair market value Fair Market Value on the date the tax is to be determined equal to the minimum statutory total tax which could be withheld imposed on the transaction. All such elections shall be irrevocable, made in writing, signed by youthe Participant, and shall be subject to any restrictions or limitations that the Committee, in its sole discretion, deems appropriate.

Share Withholding. With respect to withholding required upon the exercise of Options or upon any other taxable event arising as a result of Restricted Stock awards granted grants hereunder, you Participant may elect, subject to the approval of the Compensation Committee, to satisfy the withholding requirement, in whole or in part, by having the Company withhold shares of Common Stock having a fair market value on the date the tax is to be determined equal to the minimum statutory total tax which could be withheld imposed on the transaction. All such elections shall be irrevocable, made in writing, signed by youthe Participant, and shall be subject to any restrictions or limitations that the Committee, in its sole discretion, deems appropriate.

Share Withholding. With respect to withholding required upon any other taxable event arising as a result of Restricted Stock awards Awards granted hereunder, you the Participant may elect, subject to the approval of the Compensation Committee, to satisfy the withholding requirement, in whole or in part, by having the Company withhold shares Performance Units having a fair market value Fair Market Value on the date the tax is to be determined equal to the minimum statutory total tax which could be withheld on the transaction. All such elections shall be irrevocable, made in writing, signed by youthe Participant, and shall be subject to any restrictions or limitations that the Committee, in its sole discretion, deems appropriate.