Common use of Tax Withholding Requirements Clause in Contracts

Tax Withholding Requirements. Unless the Grantee has made arrangements satisfactory to the Company to enable it to satisfy all such withholding requirements, the Company shall withhold from the settlement amount a sufficient number of shares of Common Stock to enable the Company to satisfy its withholding requirements with respect to the settlement of the Granted Units.

Appears in 4 contracts

Samples: Deferred Stock Award Agreement (Comverse Technology Inc/Ny/), Deferred Stock Award Agreement (Comverse Technology Inc/Ny/), Deferred Stock Award Agreement (Comverse Technology Inc/Ny/)

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