Common use of Tax Withholding and Reporting Clause in Contracts

Tax Withholding and Reporting. The Bank shall withhold any taxes that are required to be withheld, including but not limited to taxes owed under Code Section 409A from the benefits provided under this Agreement. The Executive acknowledges that the Bank’s sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing authorities. The Bank shall satisfy all applicable reporting requirements, including those under Code Section 409A.

Appears in 94 contracts

Samples: Supplemental Executive Retirement Plan Agreement (Lake Shore Bancorp, Inc.), Supplemental Executive Retirement Plan Agreement (Mid Penn Bancorp Inc), Retirement Plan Agreement (Mid Penn Bancorp Inc)

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Tax Withholding and Reporting. The Bank shall withhold any taxes that are required to be withheld, including but not limited to taxes owed under Code Section 409A of the Code and regulations thereunder, from the benefits provided under this Agreement. The Executive acknowledges that the Bank’s sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing authoritiesauthority(ies). The Further, the Bank shall satisfy all applicable reporting requirements, including those under Section 409A of the Code Section 409A.and regulations thereunder.

Appears in 25 contracts

Samples: Continuation Agreement (Luther Burbank Corp), Continuation Agreement (Luther Burbank Corp), Continuation Agreement (Luther Burbank Corp)

Tax Withholding and Reporting. The Bank shall withhold any taxes that are required to be withheld, including but not limited to taxes owed under Code Section 409A withheld from the benefits provided under this Agreement. The Executive Participant acknowledges that the Bank’s sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing authorities. The Bank shall satisfy all applicable reporting requirements, including those under Code Section 409A..

Appears in 9 contracts

Samples: Performance Driven Plan (First Ulb Corp.), Performance Driven Plan (First Ulb Corp.), Performance Driven Plan (First Ulb Corp.)

Tax Withholding and Reporting. The Bank shall withhold any taxes that are required to be withheld, including but not limited to taxes owed under Code Section 409A of the Code and regulations thereunder, from the benefits provided under this Agreement. The Executive acknowledges that the Bank’s sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing authoritiesauthority(ies). The Further, the Bank shall satisfy all applicable reporting requirements, including those under Section 409A of the Code Section 409A.and regulations thereunder.

Appears in 9 contracts

Samples: Continuation Agreement (National Bankshares Inc), Supplemental Executive Retirement Agreement (Fentura Financial Inc), Supplemental Executive Retirement Agreement (Fentura Financial Inc)

Tax Withholding and Reporting. The Bank shall withhold any taxes that are required to be withheld, including but not limited to taxes owed under Code Section 409A withheld from the benefits provided under this Agreement. The Executive acknowledges that the Bank’s sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing authorities. The Bank shall satisfy all applicable reporting requirements, including those under Code Section 409A..

Appears in 8 contracts

Samples: Executive Deferred Compensation Agreement (CBTX, Inc.), Deferred Compensation Agreement (Alamogordo Financial Corp), Deferred Compensation Agreement (Alamogordo Financial Corp)

Tax Withholding and Reporting. The Bank shall withhold any taxes that are required to be withheld, including but not limited to taxes owed under Code Section 409A of the Code and regulations thereunder, from the benefits provided under this Agreement. The Executive Director acknowledges that the Bank’s sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing authoritiesauthority(ies). The Further, the Bank shall satisfy all applicable reporting requirements, including those under Section 409A of the Code Section 409A.and regulations thereunder.

Appears in 8 contracts

Samples: Stock Appreciation Rights Agreement (Kinderhook Bank Corp), Stock Appreciation Rights Agreement (Kinderhook Bank Corp), Stock Appreciation Rights Agreement (Kinderhook Bank Corp)

Tax Withholding and Reporting. The Bank shall withhold any taxes that are required to be withheld, including but not limited to taxes owed under Code Section 409A withheld from the benefits provided under this Agreement. The Executive acknowledges that Bank shall report amounts deferred under the Bank’s sole liability regarding taxes is to forward any amounts withheld terms of the Agreement to the appropriate taxing authorities. The Bank shall satisfy all applicable reporting requirements, including those under Code Internal Revenue Service in accordance with the requirements of Section 409A.

Appears in 7 contracts

Samples: Income Deferral Agreement (Bank of Wilmington CORP), Income Deferral Agreement (Bank of Wilmington CORP), Income Deferral Agreement (Bank of Wilmington CORP)

Tax Withholding and Reporting. The Bank shall withhold any taxes that are required to be withheld, including but not limited to taxes owed under Code Section 409A from the benefits provided under this Agreement. The Executive acknowledges that the Bank’s 's sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing authorities. The Bank shall satisfy all applicable reporting requirements, including those under Code Section 409A.

Appears in 7 contracts

Samples: Retirement Agreement (Rhinebeck Bancorp, Inc.), Supplemental Executive Retirement Agreement (Cambridge Bancorp), Supplemental Executive Retirement Agreement (SBT Bancorp, Inc.)

Tax Withholding and Reporting. The Bank shall withhold any taxes that are required to be withheld, including but not limited to taxes owed under Code Section 409A from the benefits provided under this Agreement. The Executive Director acknowledges that the Bank’s sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing authorities. The Bank shall satisfy all applicable reporting requirements, including those under Code Section 409A.

Appears in 6 contracts

Samples: Deferred Compensation Agreement (LINKBANCORP, Inc.), Director Retirement Agreement (Berkshire Hills Bancorp Inc), Director Retirement Agreement (Berkshire Hills Bancorp Inc)

Tax Withholding and Reporting. The Bank shall withhold any taxes that are required to be withheld, including including, but not limited to to, taxes owed under Code Section 409A of the Code and regulations thereunder, from the benefits provided under this Agreement. The Executive acknowledges that the Bank’s sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing authoritiesauthority(ies). The Further, the Bank shall satisfy all applicable reporting requirements, including those under Section 409A of the Code Section 409A.and regulations thereunder.

Appears in 6 contracts

Samples: Salary Continuation Agreement (Ottawa Savings Bancorp, Inc.), Salary Continuation Agreement (Ottawa Savings Bancorp, Inc.), Salary Continuation Agreement (Ottawa Savings Bancorp, Inc.)

Tax Withholding and Reporting. The Bank shall withhold any taxes that are required to be withheld, including but not limited to taxes owed under Code Section 409A of the Code and regulations thereunder, from the benefits provided under this Agreement. The Executive acknowledges that the Bank’s 's sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing authoritiesauthority(ies). The Further, the Bank shall satisfy all applicable reporting requirements, including those under Section 409A of the Code Section 409A.and regulations thereunder.

Appears in 5 contracts

Samples: Peoples Bancorporation Inc /Sc/, Peoples Bancorporation Inc /Sc/, Peoples Bancorporation Inc /Sc/

Tax Withholding and Reporting. The Bank shall withhold any taxes that are required to be withheld, including but not limited to taxes owed under Code Section 409A of the Code and regulations thereunder, from the benefits provided under this Agreement. The Executive acknowledges that the Bank’s 's sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing authoritiesauthority(ies). The Further, the Bank shall satisfy all applicable reporting requirements, including those under Section 409A of the Code Section 409A.and regulations thereunder.

Appears in 4 contracts

Samples: Continuation Agreement (National Bankshares Inc), Continuation Agreement (National Bankshares Inc), Continuation Agreement (National Bankshares Inc)

Tax Withholding and Reporting. The Bank shall withhold any taxes that are required to be withheld, including but not limited to taxes owed under Code Section 409A from the benefits provided under this Agreement. The Executive Director acknowledges that the Bank’s ' s sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing authorities. The Bank shall satisfy all applicable reporting requirements, including those under Code Section 409A.

Appears in 4 contracts

Samples: Continuation Plan Agreement (Rhinebeck Bancorp, Inc.), Continuation Plan Agreement (Rhinebeck Bancorp, Inc.), Continuation Plan Agreement (Rhinebeck Bancorp, Inc.)

Tax Withholding and Reporting. The Bank shall withhold any taxes that are required to be withheld, including but not limited to taxes owed under Code Section 409A withheld from the benefits provided under this Agreement. The Executive Employee acknowledges that the Bank’s sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing authorities. The Bank shall satisfy all applicable reporting requirements, including those under Code Section 409A..

Appears in 3 contracts

Samples: Deferred Bonus Agreement (Cascade Bancorp), Deferred Bonus Agreement (Cascade Bancorp), Cascades Deferred Compensation Agreement (Cascade Bancorp)

Tax Withholding and Reporting. The Bank shall withhold any taxes that are required to be withheld, including but not limited to taxes owed under Code Section 409A of the Code and regulations thereunder, from the benefits provided under this Agreement. The Executive Director acknowledges that the Bank’s sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing authoritiesauthority(ies). The Further, the Bank shall satisfy all applicable reporting requirements, including those under Section 409A of the Code Section 409A.and regulations thereunder.

Appears in 3 contracts

Samples: Director Retirement Agreement (Mercer Bancorp, Inc.), Director Deferred Fee Agreement (Central Valley Community Bancorp), Director Retirement Agreement (Central Valley Community Bancorp)

Tax Withholding and Reporting. The Company and/or the Bank shall withhold any taxes that are required to be withheld, including but not limited to taxes owed under Code Section 409A of the Code and regulations thereunder, from the benefits provided under this Agreement. The Executive Director acknowledges that the Company and/or the Bank’s sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing authoritiesauthority(ies). The Further, the Company and/or the Bank shall satisfy all applicable reporting requirements, including those under Section 409A of the Code Section 409A.and regulations thereunder.

Appears in 2 contracts

Samples: Director Deferred Compensation Agreement (Sussex Bancorp), Director Deferred Compensation Agreement (Sussex Bancorp)

Tax Withholding and Reporting. The Bank shall withhold any taxes that are required to be withheld, including but not limited to taxes owed under Code Section 409A from the benefits provided under this Agreement. The Executive Director acknowledges that the Bank’s sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing authorities. The Bank shall satisfy all applicable reporting requirements, including those under Code Section 409A.409A. Ameriana Bank, SB Supplemental Retirement Plan

Appears in 2 contracts

Samples: Supplemental Retirement Plan (Ameriana Bancorp), Supplemental Retirement Plan (Ameriana Bancorp)

Tax Withholding and Reporting. The Bank shall withhold any taxes that are required to be withheld, including but not limited to taxes owed under Code Section 409A from the benefits provided under this Agreement. The Executive Director acknowledges that the Bank’s sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing authoritiesauthority(ies). The Further, the Bank shall satisfy all applicable reporting requirements, including those under Section 409A of the Code Section 409A.and regulations thereunder.

Appears in 2 contracts

Samples: First Farmers and Merchants Bank Director Deferred Compensation Agreement (First Farmers & Merchants Corp), First Farmers and Merchants Bank Director Deferred Compensation Agreement (First Farmers & Merchants Corp)

Tax Withholding and Reporting. The Bank shall withhold any taxes that are required to be withheld, including but not limited to taxes owed under Code Section 409A of the Code and regulations thereunder, from the benefits provided under this Agreement. The Executive acknowledges that the Bank’s sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing authoritiesauthority(ies). The Further, the Bank shall satisfy all applicable reporting requirements, including those under Section 409A of the Code Section 409A.and regulations thereunder.”

Appears in 2 contracts

Samples: Salary Continuation Agreement (Peoples Federal Bancshares, Inc.), Salary Continuation Agreement (Peoples Federal Bancshares, Inc.)

Tax Withholding and Reporting. The Bank shall withhold any taxes that ----------------------------- are required to be withheld, including but not limited to taxes owed under Code Section 409A of the Code and regulations thereunder, from the benefits provided under this Agreement. The Executive acknowledges that the Bank’s 's sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing authoritiesauthority(ies). The Further, the Bank shall satisfy all applicable reporting requirements, including those under Section 409A of the Code Section 409A.and regulations thereunder.

Appears in 2 contracts

Samples: Pacific Premier (Pacific Premier Bancorp Inc), Pacific Premier (Pacific Premier Bancorp Inc)

Tax Withholding and Reporting. The Bank shall withhold any taxes that are required to be withheld, including but not limited to taxes owed under Code Section 409A of the Code and regulations thereunder, from the benefits provided under this Agreement. The Executive Director acknowledges that the Bank’s 's sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing authoritiesauthority(ies). The Further, the Bank shall satisfy all applicable reporting requirements, including those under Section 409A of the Code Section 409A.and regulations thereunder ."

Appears in 1 contract

Samples: Director Retirement Agreement (Independent Bank Corp)

Tax Withholding and Reporting. The Bank shall withhold any taxes that are required to be withheld, including but not limited to taxes owed under Code Section 409A from the benefits provided under this Agreement. The Executive Director acknowledges that the Bank’s sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing authorities. The Bank shall satisfy all applicable reporting requirements, including those under Code Section 409A.409A. Neighborhood Community Bank Director Deferred Compensation Agreement

Appears in 1 contract

Samples: Neighborhood Community Bank (Newnan Coweta Bancshares Inc)

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Tax Withholding and Reporting. The Bank shall withhold any taxes that are required to be withheld, including but not limited to taxes owed under Code Section 409A from the benefits provided under this Agreement. The Executive acknowledges that the Bank’s sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing authorities. The Bank shall satisfy all applicable reporting requirements, including those under Code Section 409A.409A. HARVARD SAVINGS BANK Salary Continuation Agreement

Appears in 1 contract

Samples: Salary Continuation Agreement (Harvard Illinois Bancorp, Inc.)

Tax Withholding and Reporting. The Bank shall withhold any taxes that are required to be withheld, including but not limited to taxes owed under Code Section 409A from the benefits provided under this Agreement. The Executive Director acknowledges that the Bank’s 's sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing authorities. The Bank shall satisfy all applicable reporting requirements, including those under Code Section 409A.

Appears in 1 contract

Samples: Home Federal Bancorp, Inc.

Tax Withholding and Reporting. The Bank shall withhold any taxes that are required to be withheld, including but not limited to taxes owed under Code Section 409A withheld from the benefits provided under this Agreement. The Executive acknowledges that the Bank’s 's sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing authoritiesauthority(ies). The Further, the Bank shall satisfy all applicable reporting requirements, including those under Section 409A of the Code Section 409A.and regulations thereunder.

Appears in 1 contract

Samples: Continuation Agreement (Dimeco Inc)

Tax Withholding and Reporting. The Bank shall withhold any taxes that are required to be withheld, including but not limited to taxes owed under Code Section 409A from the benefits provided under this Agreement. The Executive Director acknowledges that the Bank’s 's sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing authorities. The Bank shall satisfy all applicable reporting requirements, including those under Code Section 409A.

Appears in 1 contract

Samples: Financial Director Fee Continuation Agreement (MFB Corp)

Tax Withholding and Reporting. The Bank shall withhold any taxes that are required to be withheld, including but not limited to taxes owed under Code Section 409A withheld from the benefits provided under this Agreement. The Executive acknowledges that the Bank’s 's sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing authorities. The Bank shall satisfy all applicable reporting requirements, including those under Code Section 409A..

Appears in 1 contract

Samples: Continuation Agreement (Bank of the James Financial Group Inc)

Tax Withholding and Reporting. The Bank shall withhold any taxes that are required to be withheld, including but not limited to taxes owed under Section 409 A of the Code Section 409A and regulations thereunder, from the benefits provided under this Agreement. The Executive Director acknowledges that the Bank’s sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing authoritiesauthority(ies). The Further, the Bank shall satisfy all applicable reporting requirements, including those under Section 409A of the Code Section 409A.and regulations thereunder.

Appears in 1 contract

Samples: Director Retirement Agreement (Mercer Bancorp, Inc.)

Tax Withholding and Reporting. The Bank shall withhold any taxes that are required to be withheld, including but not limited to taxes owed under Code Section 409A of the Code and regulations thereunder, from the benefits provided under this Agreement. The Executive Director acknowledges that the Bank’s sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing authoritiesauthority(ies). The Further, the Bank shall satisfy all applicable reporting requirements, including those under Section 409A of the Code Section 409A.and regulations thereunder.”

Appears in 1 contract

Samples: Director Retirement Agreement (Peoples Federal Bancshares, Inc.)

Tax Withholding and Reporting. The Bank shall withhold any taxes that are required to be withheld, including but not limited to taxes owed under Code Section 409A withheld from the benefits provided under this Agreement. The Executive acknowledges that the Bank’s sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing authoritiesauthority(ies). The Further, the Bank shall satisfy all applicable reporting requirements, including those under Section 409A of the Code and regulations thereunder. The following Section 409A.9.10 shall be added to the Agreement immediately following Section 9.9:

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (Home Federal Bancorp)

Tax Withholding and Reporting. The Bank shall withhold any taxes that are required to be withheld, including but not limited to taxes owed under Code Section 409A of the Code and regulations thereunder, from the benefits provided under this Agreement. The Executive Director acknowledges that the Bank’s sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing authoritiesauthority(ies). The Further, the Bank shall satisfy all applicable reporting requirements, including those under Section 4Q9A of the Code Section 409A.and regulations thereunder.

Appears in 1 contract

Samples: Stock Appreciation Rights Agreement (Kinderhook Bank Corp)

Tax Withholding and Reporting. The Bank shall withhold any taxes that are required to be withheld, including but not limited to taxes owed under Code Section 409A of the Code and regulations thereunder, from the benefits provided under this Agreement. The Executive acknowledges that the BankCompany’s sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing authoritiesauthority(ies). The Further, the Bank shall satisfy all applicable reporting requirements, including those under Section 409A of the Code Section 409A.and regulations thereunder.

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (Fentura Financial Inc)

Tax Withholding and Reporting. The Bank shall withhold any taxes that are required to be withheld, including but not limited to taxes owed under Code Section 409A withheld from the benefits provided under this Agreement. The Executive acknowledges that the Bank’s sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing authoritiesauthority(ies). The Further, the Bank shall satisfy all applicable reporting requirements, including those under Section 409A of the Code Section 409A.and regulations thereunder.

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (Home Federal Bancorp)

Tax Withholding and Reporting. The Bank shall withhold any taxes that are required to be withheld, including but not limited to taxes owed under Code Section 409A from the benefits provided under this Agreement. The Executive Director acknowledges that the Bank’s sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing authorities. The Bank shall satisfy all applicable reporting requirements, including those under Code Section 409A.409A. The Xxxxx Bank Director Deferred Compensation Agreement

Appears in 1 contract

Samples: Director Deferred Compensation Agreement (LINKBANCORP, Inc.)

Tax Withholding and Reporting. The Bank shall withhold any taxes that are required to be withheld, including but not limited to taxes owed under Code Section 409A of the Code and regulations thereunder, from the benefits provided under this Agreement. The Executive Director acknowledges that the Bank’s sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing authoritiesauthority(ies ). The Further, the Bank shall satisfy all applicable reporting requirements, including those under Section 409A of the Code Section 409A.and regulations thereunder.

Appears in 1 contract

Samples: Director Retirement Agreement (Mercer Bancorp, Inc.)

Tax Withholding and Reporting. The Bank shall withhold any taxes that are required to be withheld, including but not limited to taxes owed under Code Section 409A from the benefits provided under this Agreement. The Executive acknowledges that the Bank’s sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing authorities. The Bank shall satisfy all applicable reporting requirements, including those under Code Section 409A.409A. 8.5

Appears in 1 contract

Samples: Retirement Plan Agreement (Mid Penn Bancorp Inc)

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