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 awards granted hereunder, you may elect, subject to the approval of the Board, to satisfy the withholding requirement, in whole or in part, by having Xxxxxx 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, and shall be subject to any restrictions or limitations that the Board, in its sole discretion, deems appropriate.

Appears in 4 contracts

Samples: Performance Share Program Award Agreement (Hewitt Associates Inc), Performance Share Program Award Agreement (Hewitt Associates Inc), Performance Share Program Award Agreement (Hewitt Associates Inc)

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Share Withholding. With respect to withholding required upon any other taxable event arising as a result of awards granted hereunder, you may elect, subject to the approval of the Committee or the Board, to satisfy the withholding requirement, in whole or in part, by having Xxxxxx 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, and shall be subject to any restrictions or limitations that the Board, in its sole discretion, deems appropriate.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Millennium Chemicals Inc), Restricted Stock Award Agreement (Millennium Chemicals Inc)

Share Withholding. With respect to withholding required upon any other taxable event arising as a result of awards the Award granted hereunderhereunder that is in Shares, you the Participant may elect, subject to the approval of the Board, to satisfy the withholding requirement, in whole or in part, by having Xxxxxx 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, signedsigned by the Participant, and shall be subject to any restrictions or limitations that the Board, in its sole discretion, deems appropriate.

Appears in 1 contract

Samples: Performance Award Agreement (Brown Shoe Co Inc)

Share Withholding. With respect to withholding required upon any other taxable event arising as a result of awards Awards granted hereunder, you the Participant may elect, subject to the approval of the Board, to satisfy the withholding requirement, in whole or in part, by having Xxxxxx 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, signedsigned by the Participant, and shall be subject to any restrictions or limitations that the Board, in its sole discretion, deems appropriate.

Appears in 1 contract

Samples: Non Employee Director Restricted Stock Award Agreement (Sauer Danfoss Inc)

Share Withholding. With respect to withholding required upon the lapse of restrictions or upon any other taxable event arising as a result of awards the Awards granted hereunder, you the Participants may elect, subject to the approval of the Board, to satisfy the withholding requirement, in whole or in part, by having Xxxxxx the Company withhold Shares shares having a 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, signedsigned by the Participant, and shall be subject to any restrictions or limitations that the Board, in its sole discretion, deems appropriate.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (RBB Bancorp)

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Share Withholding. With respect to withholding required upon any other taxable event arising as a result of awards granted hereunder, you may elect, subject to the approval of the Board, to satisfy the withholding requirement, in whole or in part, by having Xxxxxx 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, and shall be subject to any restrictions or limitations that the Board, in its sole discretion, deems appropriate.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Millennium Chemicals Inc)

Share Withholding. With respect to withholding required upon any other taxable event arising as a result of awards Awards granted hereunder, you may elect, subject to the approval of the Board, elect to satisfy the withholding requirement, in whole or in part, by having Xxxxxx Keystone 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, signed and shall be subject to any restrictions or limitations that the BoardCommittee, in its sole discretion, deems appropriate.

Appears in 1 contract

Samples: Performance Share Program Award Agreement (Keystone Automotive Industries Inc)

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

Appears in 1 contract

Samples: Performance Share Program Award Agreement (Hewitt Associates Inc)

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