Tax Acknowledgment. The following provisions supplement Section 7 of the Enrollment Form Agreement: Without limitation to Section 7 of the Enrollment Form Agreement, you agree that you are liable for all Tax-Related Items and hereby covenant to pay all such Tax-Related Items as and when requested by the Company or the Employer or by Her Majesty’s Revenue and Customs (“HMRC”) (or any other tax authority or any 1 For the purposes of this Agreement, the phrase “my country” refers to any country whose laws and regulations apply to the participant during the relevant time period, as determined by the Company at its sole discretion. I should speak with my personal legal and tax advisor for more information as to which countries this phrase may include, based on my specific circumstances. other relevant authority). You also agree to indemnify and keep indemnified the Company and the Employer against any taxes that they are required to pay or withhold on your behalf or have paid or will pay to HMRC (or any other tax authority or any other relevant authority). Notwithstanding the forgoing, if you are an executive officer or director of the Company (within the meaning of Section 13(k) of the Exchange Act), you acknowledge that you may not be able to indemnify the Company or the Employer for the amount of any income tax not collected from or paid by you, as it may be considered a loan. In this case, the amount of any income tax not collected within ninety (90) days of the end of the U.K. tax year in which the event giving rise to the Tax-Related Item(s) occurs may constitute a benefit to you on which additional income tax and National Insurance contributions (“NICs”) may be payable. You will be responsible for reporting and paying any income tax due on this additional benefit directly to HMRC under the self-assessment regime and for paying to the Company and/or the Employer (as appropriate) the amount of any NICs due on this additional benefit which may also be recovered from you at any time by any of the means referred to in Section 7 of the Enrollment Form Agreement.
Appears in 1 contract
Samples: Employee Stock Purchase Agreement (Maxim Integrated Products Inc)
Tax Acknowledgment. The following provisions supplement Section 7 the Taxes section of the Enrollment Form Award Agreement: Without limitation You shall pay to Section 7 of the Enrollment Form Agreement, you agree that you are liable for all Tax-Related Items and hereby covenant to pay all such Tax-Related Items as and when requested by the Company or the Employer the amount of income tax that the Company or by Her Majesty’s the Employer may be required to account to HM Revenue and & Customs (“HMRC”) (or any other tax authority or any 1 For the purposes of this Agreement, the phrase “my country” refers to any country whose laws and regulations apply with respect to the participant during event giving rise to the relevant time period, as determined income tax (the “Taxable Event”) that cannot be satisfied by the Company at its sole discretionmeans described in the Award Agreement. I should speak with my personal legal and tax advisor for more information as to which countries this phrase may include, based on my specific circumstances. other relevant authority). You also agree to indemnify and keep indemnified the Company and the Employer against any taxes that they are required to pay If payment or withhold on your behalf or have paid or will pay to HMRC (or any other tax authority or any other relevant authority). Notwithstanding the forgoing, if you are an executive officer or director withholding of the Company (within the meaning of Section 13(k) of the Exchange Act), you acknowledge that you may not be able to indemnify the Company or the Employer for the amount of any income tax is not collected from or paid by you, as it may be considered a loan. In this case, the amount of any income tax not collected made within ninety (90) days of the end of the U.K. tax year in which the event giving rise Taxable Event occurs or such other period specified in Section 222(1)(c) of the U.K. Income Tax (Earnings and Xxxxxxxx) Xxx 0000 (the “Due Date”), then the amount that should have been withheld shall constitute a loan owed by you to the Tax-Related Item(sEmployer, effective on the Due Date. You agree that the loan will bear interest at the HMRC official rate and will be immediately due and repayable by you, and the Company and/or the Employer may recover it at any time thereafter by any of the means set forth in Award Agreement. Notwithstanding the foregoing, if you are an executive officer or director (as within the meaning of Section 13(k) occurs of the U.S. Securities and Exchange Act of 1934, as amended), the terms of the immediately foregoing provision will not apply. In the event that you are an executive officer or director, as defined above, and income tax due is not collected from or paid by you by the Due Date, the amount of any uncollected income tax may constitute a benefit to you on which additional income tax and National Insurance contributions (“NICs”) may be payable. You will be responsible for reporting and paying any income tax due on this additional benefit directly to HMRC under the self-assessment regime and for paying to reimbursing the Company and/or or the Employer (Employer, as appropriate) applicable, for the amount value of any NICs employee National Insurance contributions due on this additional benefit which the Company and/or the Employer may also be recovered from you at any time recover by any of the means referred to set forth in Section 7 of the Enrollment Form Award Agreement. Certain capitalized terms used but not defined in this Exhibit C have the meanings set forth in the Restaurant Brands International Inc. 2014 Omnibus Incentive Plan (the “Plan”) and/or the Option Award Agreement (the “Award Agreement”).
Appears in 1 contract
Samples: Option Award Agreement (Restaurant Brands International Inc.)
Tax Acknowledgment. The following provisions supplement Section 7 of the Enrollment Form Agreement: Without limitation to Section 7 of the Enrollment Form Agreement, you agree that you are liable for all Tax-Related Items and hereby covenant to pay all such Tax-Related Items as and when requested by the Company or the Employer or by Her Majesty’s Revenue and Customs (“HMRC”) (or any other tax authority or any 1 For the purposes of this Agreement, the phrase “my country” refers to any country whose laws and regulations apply to the participant during the relevant time period, as determined by the Company at its sole discretion. I should speak with my personal legal and tax advisor for more information as to which countries this phrase may include, based on my specific circumstances. other relevant authority). You also agree to indemnify and keep indemnified the Company and the Employer against any taxes that they are required to pay or withhold on your behalf or have paid or will pay to HMRC (or any other tax authority or any other relevant authority). Notwithstanding the forgoing, if you are an executive officer or director of the Company (within the meaning of Section 13(k) of the Exchange Act), you acknowledge that you may not be able to indemnify the Company or the Employer for the amount of any income tax not collected from or paid by you, as it may be considered a loan. In this case, the amount of any income tax not collected within ninety (90) days of the end of the U.K. tax year in which the event giving rise to the Tax-Related Item(s) occurs may constitute a benefit to you on which additional income tax and National Insurance contributions (“NICs”) may be payable. You will be responsible for reporting and paying any income tax due on this additional benefit directly to HMRC under the self-assessment regime and for paying to the Company and/or the Employer (as appropriate) the amount of any NICs due on this additional benefit which may also be recovered from you at any time by any of the means referred to in Section 7 of the Enrollment Form Agreement.
Appears in 1 contract
Samples: Employee Stock Purchase Agreement (Maxim Integrated Products Inc)
Tax Acknowledgment. The following provisions supplement Section 7 the Taxes section of the Enrollment Form Agreement: Without limitation to Section 7 of the Enrollment Form Award Agreement, you agree that you are liable for all Tax-Related Items and hereby covenant including this Exhibit B: You shall pay to pay all such Tax-Related Items as and when requested by the Company or the Employer the amount of income tax that the Company or by Her Majesty’s the Employer may be required to account to HM Revenue and & Customs (“HMRC”) (or any other tax authority or any 1 For the purposes of this Agreement, the phrase “my country” refers to any country whose laws and regulations apply with respect to the participant during event giving rise to the relevant time period, as determined income tax (the “Taxable Event”) that cannot be satisfied by the Company at its sole discretionmeans described in the Award Agreement. I should speak with my personal legal and tax advisor for more information as to which countries this phrase may include, based on my specific circumstances. other relevant authority). You also agree to indemnify and keep indemnified the Company and the Employer against any taxes that they are required to pay If payment or withhold on your behalf or have paid or will pay to HMRC (or any other tax authority or any other relevant authority). Notwithstanding the forgoing, if you are an executive officer or director withholding of the Company (within the meaning of Section 13(k) of the Exchange Act), you acknowledge that you may not be able to indemnify the Company or the Employer for the amount of any income tax is not collected from or paid by you, as it may be considered a loan. In this case, the amount of any income tax not collected made within ninety (90) days of the end of the U.K. tax year in which the event giving rise Taxable Event occurs or such other period specified in Section 222(1)(c) of the U.K. Income Tax (Earnings and Xxxxxxxx) Xxx 0000 (the “Due Date”), then the amount that should have been withheld shall constitute a loan owed by you to the Tax-Related Item(sEmployer, effective on the Due Date. You agree that the loan will bear interest at the HMRC official rate and will be immediately due and repayable by you, and the Company and/or the Employer may recover it at any time thereafter by any of the means set forth in Award Agreement. Notwithstanding the foregoing, if you are an executive officer or director (as within the meaning of Section 13(k) occurs of the U.S. Securities and Exchange Act of 1934, as amended), the terms of the immediately foregoing provision will not apply. In the event that you are an executive officer or director, as defined above, and income tax due is not collected from or paid by you by the Due Date, the amount of any uncollected income tax may constitute a benefit to you on which additional income tax and National Insurance contributions (“NICs”) may be payable. You will be responsible for reporting and paying any income tax due on this additional benefit directly to HMRC under the self-assessment regime and for paying to reimbursing the Company and/or or the Employer (Employer, as appropriate) applicable, for the amount value of any NICs employee National Insurance contributions due on this additional benefit which the Company and/or the Employer may also be recovered from you at any time recover by any of the means referred to set forth in Section 7 of the Enrollment Form Award Agreement. Certain capitalized terms used but not defined in this Exhibit C have the meanings set forth in the Restaurant Brands International Inc. 2014 Omnibus Incentive Plan (the “Plan”) and/or the Performance Award Agreement (the “Award Agreement”).
Appears in 1 contract
Samples: Performance Award Agreement (Restaurant Brands International Inc.)
Tax Acknowledgment. The following provisions supplement Section 7 the Taxes section of the Enrollment Form Agreement: Without limitation to Section 7 of the Enrollment Form Award Agreement, you agree that you are liable for all Tax-Related Items and hereby covenant including this Exhibit B: You shall pay to pay all such Tax-Related Items as and when requested by the Company or the Employer the amount of income tax that the Company or by Her Majesty’s the Employer may be required to account to HM Revenue and & Customs (“HMRC”) (or any other tax authority or any 1 For the purposes of this Agreement, the phrase “my country” refers to any country whose laws and regulations apply with respect to the participant during event giving rise to the relevant time period, as determined income tax (the “Taxable Event”) that cannot be satisfied by the Company at its sole discretionmeans described in the Award Agreement. I should speak with my personal legal and tax advisor for more information as to which countries this phrase may include, based on my specific circumstances. other relevant authority). You also agree to indemnify and keep indemnified the Company and the Employer against any taxes that they are required to pay If payment or withhold on your behalf or have paid or will pay to HMRC (or any other tax authority or any other relevant authority). Notwithstanding the forgoing, if you are an executive officer or director withholding of the Company (within the meaning of Section 13(k) of the Exchange Act), you acknowledge that you may not be able to indemnify the Company or the Employer for the amount of any income tax is not collected from or paid by you, as it may be considered a loan. In this case, the amount of any income tax not collected made within ninety (90) days of the end of the U.K. tax year in which the event giving rise Taxable Event occurs or such other period specified in Section 222(1)(c) of the U.K. Income Tax (Earnings and Pensions) Act 2003 (the “Due Date”), then the amount that should have been withheld shall constitute a loan owed by you to the Tax-Related Item(sEmployer, effective on the Due Date. You agree that the loan will bear interest at the HMRC official rate and will be immediately due and repayable by you, and the Company and/or the Employer may recover it at any time thereafter by any of the means set forth in Award Agreement. Notwithstanding the foregoing, if you are an executive officer or director (as within the meaning of Section 13(k) occurs of the U.S. Securities and Exchange Act of 1934, as amended), the terms of the immediately foregoing provision will not apply. In the event that you are an executive officer or director, as defined above, and income tax due is not collected from or paid by you by the Due Date, the amount of any uncollected income tax may constitute a benefit to you on which additional income tax and National Insurance contributions (“NICs”) may be payable. You will be responsible for reporting and paying any income tax due on this additional benefit directly to HMRC under the self-assessment regime and for paying to reimbursing the Company and/or or the Employer (Employer, as appropriate) applicable, for the amount value of any NICs employee National Insurance contributions due on this additional benefit which the Company and/or the Employer may also be recovered from you at any time recover by any of the means referred to set forth in Section 7 of the Enrollment Form Award Agreement. Certain capitalized terms used but not defined in this Exhibit C have the meanings set forth in the Restaurant Brands International Inc. 2014 Omnibus Incentive Plan (the “Plan”) and/or the Base Matching Restricted Stock Unit Award Agreement (the “Award Agreement”).
Appears in 1 contract
Samples: Base Matching Restricted Stock Unit Award Agreement (Restaurant Brands International Inc.)
Tax Acknowledgment. The following provisions supplement Section 7 of information supplements the Enrollment Form Agreement: Without limitation to Section 7 of the Enrollment Form Agreement, you agree that you are liable for all information regarding Tax-Related Items and hereby covenant in the Acknowledgment of Conditions section of the Award Agreement: If payment or withholding of the income tax due is not made within 90 days of the event giving rise to pay all such the Tax-Related Items as or such other period specified in Section 222(1) (c) of the U.K. Income Tax (Earnings and when requested Xxxxxxxx) Xxx 0000 (the “Due Date”), the amount of any uncollected Tax-Related Items shall constitute a loan owed by the Company or Participant to the Employer or by Employer, effective on the Due Date. The Participant agrees that the loan will bear interest at the then-current Her Majesty’s Revenue and Customs (“HMRC”) (or any other tax authority or any 1 For the purposes of this Agreement, the phrase “my country” refers to any country whose laws official rate; it will be immediately due and regulations apply to the participant during the relevant time period, as determined by the Company at its sole discretion. I should speak with my personal legal and tax advisor for more information as to which countries this phrase may include, based on my specific circumstances. other relevant authority). You also agree to indemnify and keep indemnified the Company and the Employer against any taxes that they are required to pay or withhold on your behalf or have paid or will pay to HMRC (or any other tax authority or any other relevant authority)repayable. Notwithstanding the forgoingforegoing, if you are the Participant is an executive officer or executive director of the Company (as within the meaning of Section 13(k) of the U.S. Securities and Exchange ActAct of 1934, as amended), you acknowledge the terms of this provision will not apply to the Participant. In the event that you may not be able to indemnify the Company Participant is an officer or the Employer for the amount of any income tax director, as defined above, and Tax-Related Items are not collected from or paid by you, as it may be considered a loan. In this casethe Participant by the Due Date, the amount of any income tax not collected within ninety (90) days of the end of the U.K. tax year in which the event giving rise to the uncollected Tax-Related Item(s) occurs Items may constitute a benefit to you the Participant on which additional income tax and National Insurance contributions (“NICs”) Contributions may be payable. You will be responsible for reporting and paying any income tax due on this additional benefit directly to HMRC under The Participant acknowledges the self-assessment regime and for paying to the Company and/or Corporation or the Employer (as appropriate) the amount of any NICs due on this additional benefit which may also be recovered from you recover it at any time thereafter by any of the means referred to in Section 7 the Award Agreement. The Participant authorizes the Corporation to withhold the transfer of any shares unless and until the loan is repaid in full. This Award, granted on the date approved by the Committee or the Chief Executive Officer, as the case may be, and as reflected on the Xxxxxxx Xxxxx Benefits OnLine site, or any successor system, via the Grant Summary screen as the Grant Date, by Xxxxxxxx-Xxxxx Corporation, a Delaware corporation (hereinafter called the "Corporation"), is subject to the terms and conditions of the Enrollment Form 2001 Equity Participation Plan (the “Plan”) and this Award Agreement, including any country-specific terms and conditions contained in Appendix A to this Award Agreement.
Appears in 1 contract
Samples: Nonqualified Stock Option Award Agreement (Kimberly Clark Corp)
Tax Acknowledgment. The following provisions supplement Section 7 the Taxes section of the Enrollment Form Award Agreement: Without limitation You shall pay to Section 7 of the Enrollment Form Agreement, you agree that you are liable for all Tax-Related Items and hereby covenant to pay all such Tax-Related Items as and when requested by the Company or the Employer the amount of income tax that the Company or by Her Majesty’s the Employer may be required to account to HM Revenue and & Customs (“HMRC”) (or any other tax authority or any 1 For the purposes of this Agreement, the phrase “my country” refers to any country whose laws and regulations apply with respect to the participant during event giving rise to the relevant time period, as determined income tax (the “Taxable Event”) that cannot be satisfied by the Company at its sole discretionmeans described in the Award Agreement. I should speak with my personal legal and tax advisor for more information as to which countries this phrase may include, based on my specific circumstances. other relevant authority). You also agree to indemnify and keep indemnified the Company and the Employer against any taxes that they are required to pay If payment or withhold on your behalf or have paid or will pay to HMRC (or any other tax authority or any other relevant authority). Notwithstanding the forgoing, if you are an executive officer or director withholding of the Company (within the meaning of Section 13(k) of the Exchange Act), you acknowledge that you may not be able to indemnify the Company or the Employer for the amount of any income tax is not collected from or paid by you, as it may be considered a loan. In this case, the amount of any income tax not collected made within ninety (90) days of the end of the U.K. tax year in which the event giving rise Taxable Event occurs or such other period specified in Section 222(1)(c) of the U.K. Income Tax (Earnings and Xxxxxxxx) Xxx 0000 (the “Due Date”), then the amount that should have been withheld shall constitute a loan owed by you to the Tax-Related Item(sEmployer, effective on the Due Date. You agree that the loan will bear interest at the HMRC official rate and will be immediately due and repayable by you, and the Company and/or the Employer may recover it at any time thereafter by any of the means set forth in Award Agreement. Notwithstanding the foregoing, if you are an executive officer or director (as within the meaning of Section 13(k) occurs of the U.S. Securities and Exchange Act of 1934, as amended), the terms of the immediately foregoing provision will not apply. In the event that you are an executive officer or director, as defined above, and income tax due is not collected from or paid by you by the Due Date, the amount of any uncollected income tax may constitute a benefit to you on which additional income tax and National Insurance contributions (“NICs”) may be payable. You will be responsible for reporting and paying any income tax due on this additional benefit directly to HMRC under the self-assessment regime and for paying to reimbursing the Company and/or or the Employer (Employer, as appropriate) applicable, for the amount value of any NICs employee National Insurance contributions due on this additional benefit which the Company and/or the Employer may also be recovered from you at any time recover by any of the means referred to set forth in Section 7 of the Enrollment Form Award Agreement. Certain capitalized terms used but not defined in this Appendix A have the meanings set forth in the Restaurant Brands International Inc. 2014 Omnibus Incentive Plan (the “Plan”) and/or the Option Award Agreement (the “Award Agreement”).
Appears in 1 contract
Samples: Option Award Agreement (Restaurant Brands International Inc.)
Tax Acknowledgment. The following provisions supplement Section 7 the Taxes section of the Enrollment Form Agreement: Without limitation to Section 7 of the Enrollment Form Award Agreement, you agree that you are liable for all Tax-Related Items and hereby covenant including this Exhibit B: You shall pay to pay all such Tax-Related Items as and when requested by the Company or the Employer the amount of income tax that the Company or by Her Majesty’s the Employer may be required to account to HM Revenue and & Customs (“HMRC”) (or any other tax authority or any 1 For the purposes of this Agreement, the phrase “my country” refers to any country whose laws and regulations apply with respect to the participant during event giving rise to the relevant time period, as determined income tax (the “Taxable Event”) that cannot be satisfied by the Company at its sole discretionmeans described in the Award Agreement. I should speak with my personal legal and tax advisor for more information as to which countries this phrase may include, based on my specific circumstances. other relevant authority). You also agree to indemnify and keep indemnified the Company and the Employer against any taxes that they are required to pay If payment or withhold on your behalf or have paid or will pay to HMRC (or any other tax authority or any other relevant authority). Notwithstanding the forgoing, if you are an executive officer or director withholding of the Company (within the meaning of Section 13(k) of the Exchange Act), you acknowledge that you may not be able to indemnify the Company or the Employer for the amount of any income tax is not collected from or paid by you, as it may be considered a loan. In this case, the amount of any income tax not collected made within ninety (90) days of the end of the U.K. tax year in which the event giving rise Taxable Event occurs or such other period specified in Section 222(1)(c) of the U.K. Income Tax (Earnings and Pensions) Act 2003 (the “Due Date”), then the amount that should have been withheld shall constitute a loan owed by you to the Tax-Related Item(sEmployer, effective on the Due Date. You agree that the loan will bear interest at the HMRC official rate and will be immediately due and repayable by you, and the Company and/or the Employer may recover it at any time thereafter by any of the means set forth in Award Agreement. Notwithstanding the foregoing, if you are an executive officer or director (as within the meaning of Section 13(k) occurs of the U.S. Securities and Exchange Act of 1934, as amended), the terms of the immediately foregoing provision will not apply. In the event that you are an executive officer or director, as defined above, and income tax due is not collected from or paid by you by the Due Date, the amount of any uncollected income tax may constitute a benefit to you on which additional income tax and National Insurance contributions (“NICs”) may be payable. You will be responsible for reporting and paying any income tax due on this additional benefit directly to HMRC under the self-assessment regime and for paying to reimbursing the Company and/or or the Employer (Employer, as appropriate) applicable, for the amount value of any NICs employee National Insurance contributions due on this additional benefit which the Company and/or the Employer may also be recovered from you at any time recover by any of the means referred to set forth in Section 7 of the Enrollment Form Award Agreement. Certain capitalized terms used but not defined in this Exhibit C have the meanings set forth in the Restaurant Brands International Inc. 2014 Omnibus Incentive Plan (the “Plan”) and/or the Additional Matching Restricted Stock Unit Award Agreement (the “Award Agreement”).
Appears in 1 contract
Samples: Additional Matching Restricted Stock Unit Award Agreement (Restaurant Brands International Inc.)