Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“Tax-Related Items”), the ultimate liability for all Tax-Related Items is and remains the Participant’s responsibility and the Company (a) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option or the subsequent sale of any shares acquired on exercise; and (b) does not commit to structure the Option to reduce or eliminate the Participant’s liability for Tax-Related Items.
Appears in 41 contracts
Samples: Incentive Stock Option Agreement (Inmune Bio, Inc.), Incentive Stock Option Agreement (Inmune Bio, Inc.), Stock Option Inducement Agreement (Beyond Air, Inc.)
Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“Tax-Related Items”), the ultimate liability for all Tax-Related Items is and remains the Participant’s responsibility and the Company (a) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option or the subsequent sale of any shares Shares acquired on exercise; and (b) does not commit to structure the Option to reduce or eliminate the Participant’s liability for Tax-Related Items.
Appears in 20 contracts
Samples: Incentive Stock Option Award Agreement (BioRestorative Therapies, Inc.), Incentive Stock Option Award Agreement (BioRestorative Therapies, Inc.), Incentive Stock Option Award Agreement (BioRestorative Therapies, Inc.)
Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“Tax-Related Items”), the ultimate liability for all Tax-Related Items is and remains the Participant’s responsibility and the Company (a) makes no representation representations or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option or the subsequent sale of any shares acquired on exercise; and (b) does not commit to structure the Option to reduce or eliminate the Participant’s liability for Tax-Related Items.
Appears in 20 contracts
Samples: Stock Option Agreement (Toppoint Holdings Inc.), Stock Option Agreement (Cardiff Lexington Corp), Stock Option Agreement (Signing Day Sports, Inc.)
Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“Tax-Related Items”), the ultimate liability for all Tax-Related Items is and remains the Participant’s 's responsibility and the Company (a) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option or the subsequent sale of any shares acquired on exercise; and (b) does not commit to structure the Option to reduce or eliminate the Participant’s 's liability for Tax-Related Items.
Appears in 15 contracts
Samples: Qualified Stock Option Agreement (Fintech Acquisition Corp. II), Incentive Stock Option Agreement (Fintech Acquisition Corp. II), Incentive Stock Option Agreement (LIGHTBRIDGE Corp)
Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“Tax-Related Items”), the ultimate liability for all Tax-Related Items is and remains the ParticipantOptionee’s responsibility and the Company (ai) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option or the subsequent sale of any shares acquired on exercise; and (bii) does not commit to structure the Option to reduce or eliminate the ParticipantOptionee’s liability for Tax-Related Items.
Appears in 9 contracts
Samples: Stock Option Agreement (Stewart Information Services Corp), Stock Option Agreement (Stewart Information Services Corp), Stock Option Agreement (Stewart Information Services Corp)
Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“"Tax-Related Items”"), the ultimate liability for all Tax-Related Items is and remains the Participant’s 's responsibility and the Company (a) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option or the subsequent sale of any shares acquired on exercise; and (b) does not commit to structure the Option to reduce or eliminate the Participant’s 's liability for Tax-Related Items.
Appears in 8 contracts
Samples: Incentive Stock Option Agreement (Medicine Man Technologies, Inc.), Incentive Stock Option Agreement (Marizyme Inc), Option Agreement (Egalet Corp)
Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“Tax-Related Items”), the ultimate liability for all Tax-Related Items is and remains the Participant’s responsibility and the sole responsibility. The Company (a) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option or the subsequent sale of any shares of Common Stock acquired on exercise; exercise and (b) does not commit to structure the Option to reduce or eliminate the Participant’s liability for Tax-Related Items.
Appears in 7 contracts
Samples: Stock Option Award Agreement (theMaven, Inc.), Stock Option Award Agreement (theMaven, Inc.), Stock Option Award Agreement (theMaven, Inc.)
Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insurancesecurity, payroll tax, or other tax-related withholding (“Tax-Related Items”), the ultimate liability for all Tax-Related Items is and remains the Participant’s responsibility and the Company (ai) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option Stock Options under this Award or the subsequent sale of any shares Shares acquired on exerciseupon exercise of a Stock Option; and (bii) does not commit to structure the Option this Award to reduce or eliminate the Participant’s liability for Tax-Related Items.
Appears in 5 contracts
Samples: Incentive Stock Option Award Agreement (Southland Holdings, Inc.), Incentive Stock Option Exercise Agreement (Bio-Path Holdings Inc), Non Qualified Stock Option Exercise Agreement (Bio-Path Holdings Inc)
Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“"Tax-Related Items”"), the ultimate liability for all Tax-Related Items is and remains the Participant’s Director's responsibility and the Company Company: (a) makes no representation representations or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option or the subsequent sale of any shares acquired on exercise; and (b) does not commit to structure the Option to reduce or eliminate the Participant’s Director's liability for Tax-Related Items.
Appears in 4 contracts
Samples: Qualified Stock Option Agreement (Cellceutix CORP), Non Qualified Stock Option Agreement (Intellinetics, Inc.), Non Qualified Stock Option Agreement (Intellinetics, Inc.)
Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insurancesecurity, payroll tax, or other tax-related withholding (“Tax-Related Items”), the ultimate liability for all Tax-Related Items is and remains the Participant’s responsibility and the Company (a) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the this Stock Option or the subsequent sale of any shares Shares acquired on exerciseupon exercise of this Stock Option; and (b) does not commit to structure the this Stock Option to reduce or eliminate the Participant’s liability for Tax-Related Items.
Appears in 4 contracts
Samples: Non Qualified Stock Option Exercise Agreement (Bio-Path Holdings Inc), Incentive Stock Option Exercise Agreement (Bio-Path Holdings Inc), Non Qualified Stock Option Award Agreement (Bio-Path Holdings Inc)
Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“"Tax-Related Items”"), the ultimate liability for all Tax-Related Items is and remains the Participant’s responsibility 's responsibility, and the Company (a) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option or the subsequent sale of any shares acquired on exercise; and (b) does not commit to structure the Option to reduce or eliminate the Participant’s 's liability for Tax-Related Items.
Appears in 4 contracts
Samples: Stock Option Exercise Agreement (Catheter Precision, Inc.), Stock Option Exercise Agreement (Catheter Precision, Inc.), Stock Option Exercise Agreement (Catheter Precision, Inc.)
Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“"Tax-Related Items”"), the ultimate liability for all Tax-Related Items is and remains the Participant’s Consultant's responsibility and the Company (a) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option Options or the subsequent sale of any shares acquired on exercise; and (b) does not commit to structure the Option Options to reduce or eliminate the Participant’s Consultant's liability for Tax-Related Items.
Appears in 3 contracts
Samples: Stock Options Agreement (Dynastar Holdings, Inc.), Stock Options Agreement (Dynastar Holdings, Inc.), Stock Options Agreement (Dynastar Holdings, Inc.)
Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“Tax-Related Items”), the ultimate liability for all Tax-Related Items is and remains the Participant’s responsibility and the Company (a) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option Options or the subsequent sale of any shares acquired on exercise; and (b) does not commit to structure the Option Options to reduce or eliminate the Participant’s liability for Tax-Related Items.
Appears in 3 contracts
Samples: Nonqualified Stock Option Agreement (EVO Payments, Inc.), Nonqualified Stock Option Agreement (EVO Payments, Inc.), Incentive Stock Option Agreement (EVO Payments, Inc.)
Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“Tax-Related TaxRelated Items”), the ultimate liability for all Tax-Related Items is and remains the Participant’s responsibility and the sole responsibility. The Company (a) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option or the subsequent sale of any shares of Common Stock acquired on exercise; exercise and (b) does not commit to structure the Option to reduce or eliminate the Participant’s liability for Tax-Related Items.
Appears in 3 contracts
Samples: Stock Option Award Agreement (theMaven, Inc.), Stock Option Award Agreement (theMaven, Inc.), Stock Option Award Agreement (theMaven, Inc.)
Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insuranceSocial Security tax, payroll tax, or other tax-related withholding (“Tax-Related Items”), the ultimate liability for all Tax-Related Items is and remains the Participant’s responsibility and the Company (a) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option or the subsequent sale of any shares acquired on exercise; and (b) does not commit to structure the Option to reduce or eliminate the Participant’s liability for Tax-Related Items.
Appears in 3 contracts
Samples: Incentive Stock Option Agreement (BG Staffing, Inc.), Nonqualified Stock Option Agreement (BG Staffing, Inc.), Nonqualified Stock Option Agreement (BG Staffing, Inc.)
Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“Tax-Related Items”), the ultimate liability for all Tax-Related Items is and remains the Participant’s responsibility and the Company (a) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option or the subsequent sale of any shares acquired on exerciseOption Shares; and (b) does not commit to structure the Option to reduce or eliminate the Participant’s liability for Tax-Related Items.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Nuvation Bio Inc.), Incentive Stock Option Agreement (Nuvation Bio Inc.)
Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insuranceemployment tax (e.g. FICA and FUTA), payroll tax, or other tax-related withholding (“Tax-Related Items”), the ultimate liability for all Tax-Related Items is and remains the Participant’s responsibility and the Company (a) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option or the subsequent sale of any shares Option Shares acquired on exercise; exercise and (b) does not commit to structure the Option to reduce or eliminate the Participant’s liability for Tax-Related Items.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (GEE Group Inc.), Nonqualified Stock Option Agreement (Grove, Inc.)
Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“Tax-Related Items”), the ultimate liability for all Tax-Related Items is and remains the Participant’s responsibility and the Company (a) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option or the subsequent sale of any shares acquired on exercise; exercise and (b) does not commit to structure the Option to reduce or eliminate the Participant’s liability for Tax-Related Items.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Terra Tech Corp.), Non Qualified Stock Option Agreement (Terra Tech Corp.)
Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“Tax-Related Items”), the ultimate liability for all Tax-Related Items is and remains the Participant’s responsibility and the Company (a) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option or the subsequent sale of any shares acquired on exercise; , and (b) does not commit to structure the Option to reduce or eliminate the Participant’s liability for Tax-Related Items.
Appears in 2 contracts
Samples: Incentive Stock Option Award Agreement (Byrna Technologies Inc.), Nonqualified Stock Option Award Agreement (Byrna Technologies Inc.)
Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“Tax-Related Items”), the ultimate liability for all Tax-Related Items is and remains the Participant’s responsibility and the Company (a) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option or the subsequent sale of any shares acquired on exercise; and (b) does not commit to structure the Option to reduce or eliminate the Participant’s liability for Tax-Related Items.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (EVO Payments, Inc.), Nonqualified Stock Option Agreement (EVO Payments, Inc.)
Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“Tax-Related Items”), the ultimate liability for all Tax-Related Items is and remains the ParticipantOptionee’s responsibility and the Company Company: (a) makes no representation representations or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option or the subsequent sale of any shares acquired on exercise; and (b) does not commit to structure the Option to reduce or eliminate the ParticipantOptionee’s liability for Tax-Related Items.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (GelTech Solutions, Inc.), Non Qualified Stock Option Agreement (Vegalab, Inc.)
Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“Tax-Related Items”), the ultimate liability for all Tax-Related Items is and remains the ParticipantEmployee’s responsibility and the Company (a) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option Securities or the subsequent sale of any shares acquired on exercise; and (b) does not commit to structure the Option Securities to reduce or eliminate the ParticipantEmployee’s liability for Tax-Related Items.
Appears in 2 contracts
Samples: Employment Agreement (Clic Technology, Inc.), Employment Agreement (Clic Technology, Inc.)
Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“Tax-Related Items”), the ultimate liability for all Tax-Related Items is and remains the ParticipantDirector’s responsibility and the Company Company: (a) makes no representation representations or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option or the subsequent sale of any shares acquired on exercise; and (b) does not commit to structure the Option to reduce or eliminate the ParticipantDirector’s liability for Tax-Related Items.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Onfolio Holdings, Inc), Exercise Agreement (Lightwave Logic, Inc.)
Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“”Tax-Related Items”), the ultimate liability for all Tax-Related Items is and remains the Participant’s responsibility and the Company (a) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option or the subsequent sale of any shares acquired on exercise; and (b) does not commit to structure the Option to reduce or eliminate the Participant’s liability for Tax-Related Items.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Q BioMed Inc.), Non Qualified Stock Option Agreement (Q BioMed Inc.)
Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“Tax-Related Items”), the ultimate liability for all Tax-Related Items is and remains the Participant’s responsibility and the Company (a) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise settlement of the Option Restricted Stock Units or the subsequent sale of any shares acquired on exerciseshares; and (b) does not commit to structure the Option Restricted Stock Units to reduce or eliminate the Participant’s liability for Tax-Related Items.
Appears in 1 contract
Samples: Incentive Plan Restricted Stock Unit Agreement (Planet 13 Holdings Inc.)
Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“Tax-Related Items”), the ultimate liability for all Tax-Related Items is and remains the Participant’s Director's responsibility and the Company Company: (a) makes no representation representations or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option or the subsequent sale of any shares acquired on exercise; and (b) does not commit to structure the Option to reduce or eliminate the Participant’s Director's liability for Tax-Related Items.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (LIGHTBRIDGE Corp)
Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“Tax-Related Items”), the ultimate liability for all Tax-Related Items is and remains the ParticipantRecipient’s responsibility and the Company Company: (a) makes no representation representations or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option or the subsequent sale of any shares acquired on exercise; and (b) does not commit to structure the Option to reduce or eliminate the ParticipantRecipient’s liability for Tax-Related Items.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Dynaresource Inc)
Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“Tax-Related Items”), the ultimate liability for all Tax-Related Items is and remains the Participant’s 's responsibility and the Company (a) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, exercise or exercise release from trust of the Option or the subsequent sale or release from trust of any shares acquired on exercise; and (b) does not commit to structure the Option to reduce or eliminate the Participant’s 's liability for Tax-Related Items.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (EndoChoice Holdings, Inc.)
Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“Tax-Related Items”), the ultimate liability for all Tax-Related Items is and remains the ParticipantHolder’s responsibility and the Company (a) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option or the subsequent sale of any shares acquired on exercise; and (b) does not commit to structure the Option to reduce or eliminate the ParticipantHolder’s liability for Tax-Related Items.
Appears in 1 contract
Samples: Form of Stock Option Award Agreement (Innovation Pharmaceuticals Inc.)
Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“Tax-Related Items”), the ultimate liability for all Tax-Related Items is and remains the ParticipantConsultant’s responsibility and the Company Company: (a) makes no representation representations or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option or the subsequent sale of any shares acquired on exercise; and (b) does not commit to structure the Option to reduce or eliminate the ParticipantConsultant’s liability for Tax-Related Items.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Onfolio Holdings, Inc)
Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“Tax-Related Items”), the ultimate liability for all Tax-Related Items is and remains the Participant’s responsibility and the Company (a) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option Award or the subsequent sale of any shares acquired on exercise; and (b) does not commit to structure the Option Award to reduce or eliminate the Participant’s liability for Tax-Related Items.
Appears in 1 contract
Samples: Executive Stock Appreciation Rights Award Agreement (Target Hospitality Corp.)
Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“Tax-Related Items”), the ultimate liability for all Tax-Related Items is and remains the ParticipantOptionee’s responsibility and the Company (a) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option or the subsequent sale of any shares acquired on exercise; and (b) does not commit to structure the Option to reduce or eliminate the ParticipantOptionee’s liability for Tax-Related Items.
Appears in 1 contract
Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“Tax-Tax- Related Items”), the ultimate liability for all Tax-Related Items is and remains the Participant’s responsibility and the sole responsibility. The Company (a) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option or the subsequent sale of any shares of Common Stock acquired on exercise; exercise and (b) does not commit to structure the Option to reduce or eliminate the Participant’s liability for Tax-Related Items.
Appears in 1 contract
Samples: Stock Option Award Agreement (Arena Group Holdings, Inc.)
Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“Tax-Related Items”), the ultimate liability for all Tax-Related Items is and remains the Participant’s responsibility and the Company (a) makes no representation representations or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option or the subsequent sale of any shares Ordinary Shares acquired on exercise; and (b) does not commit to structure the Option to reduce or eliminate the Participant’s liability for Tax-Related Items.
Appears in 1 contract
Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, tax or other tax-related withholding (“Tax-Related Items”), the ultimate liability for all Tax-Related Items is and remains the Participant’s responsibility responsibility, and the Company (a) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, vesting or exercise of the Option or the subsequent sale of any shares acquired on exercise; and (b) does not commit to structure the Option to reduce or eliminate the Participant’s liability for Tax-Related Items.
Appears in 1 contract
Samples: Nonqualified Stock Option Award Agreement (Ashford Inc)
Tax Liability and Withholding. Notwithstanding any action the Company Corporation takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“Tax-Related Items”), the ultimate liability for all Tax-Related Items is and remains the Participant’s 's responsibility and the Company Corporation (a) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option or the subsequent sale of any shares acquired on exercise; and (b) does not commit to structure the Option to reduce or eliminate the Participant’s 's liability for Tax-Related Items.
Appears in 1 contract
Samples: Stock Incentive Plan Stock Option Agreement (Grafiti Holding Inc.)
Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“"Tax-Related Items”"), the ultimate liability for all Tax-Related Items is and remains the Participant’s Optionee's responsibility and the Company (a) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option or the subsequent sale of any shares Shares acquired on exercise; and (b) does not commit to structure the Option to reduce or eliminate the Participant’s Optionee's liability for Tax-Related Items.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Santeon Group, Inc.)
Tax Liability and Withholding. Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“Tax-Related Items”), the ultimate liability for all Tax-Related Items is and remains the Participant’s responsibility and the Company (a) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option Option, or the subsequent sale of any shares acquired on exercise; and (b) does not commit to structure the Option to reduce or eliminate the Participant’s liability for Tax-Related Items.
Appears in 1 contract
Samples: Incentive Stock Option Award Agreement (Royale Energy, Inc.)