Common use of Stock Withholding Clause in Contracts

Stock Withholding. Optionee is hereby granted the election to have the Corporation withhold, at the time the option is exercised, a portion of the purchased Option Shares with an aggregate Fair Market Value not to exceed one hundred percent (100%) of the applicable Federal, state and local income and employment tax withholding liability (the "Taxes") Optionee incurs in connection with the option exercise. Any such exercise of the election must be effected in accordance with the following terms and conditions:

Appears in 5 contracts

Samples: Stock Option Agreement (Us Homecare Corp), Stock Option Agreement (Onyx Acceptance Corp), Stock Option Agreement (New Stat Healthcare Inc)

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Stock Withholding. The Optionee is hereby granted may be provided with the election to have the Corporation Company withhold, at from the time the option is exercisedOption Shares otherwise issuable upon exercise of this Option, a portion of the purchased those Option Shares with an aggregate Fair Market Value equal to the percentage of the applicable Taxes (not to exceed one hundred 100 percent (100%) of such Taxes), as designated by the applicable Federal, state and local income and employment tax withholding liability (the "Taxes") Optionee incurs in connection with the option exercise. Any such exercise of the election must be effected in accordance with the following terms and conditions:Optionee.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Allied Waste Industries Inc)

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Stock Withholding. Optionee is hereby granted the election to have the ----------------- Corporation withhold, at the time the option is exercised, a portion of the purchased Option Shares with an aggregate Fair Market Value not to exceed one hundred percent (100%) of the applicable Federal, state and local income and employment tax withholding liability (the "Withholding Taxes") Optionee incurs in connection with the option exercise. Any such exercise of the election must be effected in accordance with the following terms and conditions:

Appears in 1 contract

Samples: Stock Option Agreement (Microelectronic Packaging Inc /Ca/)

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