Tax Withholding Obligation Sample Clauses

Tax Withholding Obligation. No Common Shares will be issued to you unless on the Settlement Date unless the Tax Withholding Obligation set forth in Paragraph 9 of the Agreement is satisfied.
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Tax Withholding Obligation. The Company will determine, in its discretion, which of the following two methods will be used to satisfy the statutory minimum tax withholding obligations in connection with the Payment of this Award: (a) withholding from payment to the Participant sufficient cash and/or shares of Common Stock issuable under the Award having a fair market value sufficient to satisfy the withholding obligation; or (b) payment by the Participant to the Company the withholding amount by wire transfer, certified check, or other means acceptable to the Company, or by additional payroll withholding in the event the Participant fails to pay the withholding amount. To the extent that the value of any whole shares of Common Stock withheld exceeds applicable tax withholding obligations, the Company agrees to pay the excess in cash to the Participant through payroll or by check as soon as practicable.
Tax Withholding Obligation. The applicable tax withholding obligations in connection with any payment made to the Employee under this Award will be satisfied by the Company withholding from any payment to the Employee cash sufficient to satisfy the withholding obligation.
Tax Withholding Obligation. The Participant shall pay to the Company or make arrangements satisfactory to the Committee, when directed by the Company, regarding payment of any federal, state or local taxes of any kind required by law to be withheld in connection with the Award (including upon any vesting of the Restricted Shares). The Company shall, to the extent permitted or required by law, have the right to deduct from any payment of any kind otherwise due to the Participant federal, state and local taxes of any kind required by law to be withheld in connection with the Award (including upon any vesting of the Restricted Shares).
Tax Withholding Obligation. If upon the Certification Date or other applicable date there shall be payable by the Trust or an affiliate of the Trust any statutory income and/or employment tax withholding, in the Trust's discretion, then unless provided
Tax Withholding Obligation. The Restricted Stock Grant Agreement[s] [is] [are] amended to add the following paragraphs: “Tax Liability. I acknowledge that I am ultimately liable and responsible for all taxes owed by me in connection with the award of Shares, regardless of any action the Company or any Subsidiary takes with respect to any tax withholding obligations that arise in connection with the award. Neither the Company nor any Subsidiary makes any representation or undertaking regarding the treatment of any tax withholding in connection with any aspect of the award, including the grant, vesting, assignment, release or forfeiture of Shares, the subsequent sale of any Shares released upon vesting and the receipt of any dividends. I acknowledge that the Company does not commit and is under no obligation to structure the award to reduce or eliminate my tax liability.
Tax Withholding Obligation. If upon the Certification Date, any vesting date or other applicable date there shall be payable by the Company or an Affiliate any statutory income and/or employment tax withholding, in the Company's discretion, then unless provided otherwise by the Company, such tax withholding obligations, if any, will be satisfied by the Company withholding a number of shares of Common Stock that would otherwise be vested under the Award in an amount that the Company determines has a fair market value sufficient to meet such tax withholding obligations, up to the maximum statutory withholding requirement. In the Company's discretion, it may require or permit reimbursement or payment of such tax withholding obligations by wire transfer, certified check, additional payroll withholding or other means acceptable to the Company and upon such terms and conditions as the Company may prescribe. The Company may also permit the Grantee to tender shares to the Company subsequent to receipt of such shares in respect of an Award. The Company is permitted to defer issuance of shares until reimbursement or payment by the Grantee to the Company or an Affiliate of the amount of any such tax. The Grantee is ultimately liable and responsible for all taxes owed by such Grantee in connection with the Award, regardless of any action the Company takes with respect to any tax withholding obligations that arise in connection with the Award. The Company makes no representation or undertaking regarding the treatment of any tax withholding in connection with the grant or issuance of the Performance Units or the subsequent sale of any of the shares underlying the Performance Units. The Company does not commit and is under no obligation to structure the Award program to reduce or eliminate the Participant's tax liability.
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Tax Withholding Obligation. As permitted under Section 18.3 of the Plan, TRG shall have the right to require the Optionee, or other Person exercising the Option, to pay on the date of exercise any federal, state, or local income and withholding taxes that accrue in connection with the exercise of the Option. TRG shall have the right to determine (a) the amount of such income and withholding taxes, and (b) the manner by which such income and withholding taxes must be paid.
Tax Withholding Obligation. With respect to all payments or distributions to the Company Holders, Parent reserves the right to make any withholdings required by applicable Tax laws and to appropriately reduce the Merger Consideration payable to any such Company Holders by the amount of any withholdings or payments that are required to be made by Parent or the Surviving Corporation on behalf of such Company Holders (including, without limitation, withholding obligations of the Company arising from the cancellation and settlement of any Options or Warrants to acquire Class A Common Shares or Series A Preferred Shares, as applicable, pursuant to Section 3.3, Section 3.4(a) and Section 3.4(b), respectively).
Tax Withholding Obligation. No Shares will be issued to you unless on the Settlement Date the tax withholding obligations set forth in Section 9(b) of the Award Agreement are satisfied.
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