Common use of Tax Requirements Clause in Contracts

Tax Requirements. The Participant is hereby advised to consult immediately with his or her own tax advisor regarding the tax consequences of this Agreement. The Participant, as an Outside Director, shall be solely responsible for withholding taxes or any necessary payments to any taxing authority in connection with the conversion of the Awarded Units.

Appears in 5 contracts

Samples: Restricted Stock Unit Award Agreement (Matador Resources Co), Restricted Stock Unit Award Agreement (Matador Resources Co), Restricted Stock Unit Award Agreement (Matador Resources Co)

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Tax Requirements. The Participant is hereby advised to consult immediately with his or her own tax advisor regarding the tax consequences of this Agreement. The Participant, as an Outside Director, shall be solely responsible for withholding taxes or any necessary payments to any taxing authority in connection with the award, vesting and conversion of the Awarded Units.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Matador Resources Co), Restricted Stock Unit Award Agreement (Matador Resources Co)

Tax Requirements. The Participant is hereby advised to consult immediately with his or her own tax advisor regarding the tax consequences of this Agreement. The Participant, as an Outside Directora [Special Advisor] to the Board of Directors, shall be solely responsible for withholding taxes or any necessary payments to any taxing authority in connection with the conversion of the Awarded Units.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Matador Resources Co)

Tax Requirements. The Participant is hereby advised to consult immediately with his or her own tax advisor regarding the tax consequences of this Agreement. The Participant, as an Outside Director, shall be solely responsible for withholding taxes or any necessary payments to any taxing authority in connection with the conversion of the Awarded Units. [Remainder of Page Intentionally Left Blank Signature Page Follows.]

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Matador Resources Co)

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Tax Requirements. The Participant is hereby advised to consult immediately with his or her own tax advisor regarding the tax consequences of this AgreementAgreement and the Option granted hereunder. The Participant, as As an Outside DirectorDirector of the Company, the Participant acknowledges and agrees that he or she shall be solely responsible for withholding taxes or and remitting any necessary payments to any federal, state, or local taxing authority required in connection with the conversion exercise of the Awarded UnitsOption.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Phaserx, Inc.)

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