Common use of Tax Withholding For Israeli Employees Clause in Contracts

Tax Withholding For Israeli Employees. The provisions specified hereunder shall apply only to Eligible Individuals who are residents of the state of Israel or those who are deemed to be residents of the state of Israel for the payment of applicable tax (such persons, “Israeli Participants”). All defined terms terms shall have the meaning ascribed to them in the Plan, unless the context requires otherwise.

Appears in 2 contracts

Samples: Appreciation Right Agreement (Ormat Technologies, Inc.), Performance Stock Unit Award Agreement (Ormat Technologies, Inc.)

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Tax Withholding For Israeli Employees. The provisions specified hereunder shall apply only to Eligible Individuals who are residents of the state of Israel or those who are deemed to be residents of the state of Israel for the payment of applicable tax (such persons, “Israeli Participants”), from the date of the grant and until the last Exercise date. All defined terms terms shall have the meaning ascribed to them in the Plan, unless the context requires otherwise.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Ormat Technologies, Inc.), Appreciation Right Agreement (Ormat Technologies, Inc.)

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Tax Withholding For Israeli Employees. The provisions specified hereunder shall apply only to Eligible Individuals who are residents of the state of Israel or those who are deemed to be residents of the state of Israel for the payment of applicable tax (such persons, “Israeli Participants”). All defined terms terms shall have the meaning ascribed to them in the Plan, unless the context requires otherwise.. For the purposes of this Annex A, the following terms shall have the following meanings:

Appears in 1 contract

Samples: Ormat Technologies, Inc.

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