Taxes and Other Matters Sample Clauses

Taxes and Other Matters. (a) By execution of this Agreement, the Participant agrees to pay all withholding and other taxes payable by the Participant with respect to Performance Units earned under this Agreement at such times and in such manner as the Company may request, and the Participant further agrees to comply with all Federal and State securities laws. (b) The Participant may elect, subject to approval of the Board of Directors or a committee composed of two or more non-employee directors within the meaning of Rule 16b-3(b)(3) of the Securities Exchange Act of 1934 or any successor provision thereto, to satisfy Participant’s minimum tax withholding requirements under Federal, State and local laws and regulations thereunder, in whole or in part, by having the Company withhold shares having a fair market value equal to all or a portion of the amount so required to be withheld. The value of the shares to be withheld is to be based upon the same price of the shares that is utilized to determine the amount of withholding tax that the Participant owes. All elections under this Section 6(b) shall be (i) irrevocable, (ii) made in writing and signed by the Participant on the form prescribed by the Company and (iii) submitted to the Board of Directors prior to the date on which the Committee will determine the number of Performance Units earned hereunder or such earlier date as the Company shall prescribe.
AutoNDA by SimpleDocs
Taxes and Other Matters. (a) By execution of this Agreement, the Participant agrees to pay all withholding and other taxes payable with respect to the Units evidenced by this Agreement, at such times and in such manner as the Company may request and to comply with all Federal and State securities laws. (b) Participant may elect to satisfy Participant's minimum tax withholding requirements upon expiration or lapsing of a Restriction Period, in whole or in part, by having the Company withhold shares of Common Stock having a fair market value equal to all or a portion of the amount so required to be withheld. The value of the shares to be withheld is to be based upon the same price of the shares that is utilized to determine the amount of withholding tax that the Participant owes. All elections under this Section 6(b) shall be (i) irrevocable and (ii) made electronically through the Company Stock Plan Services Administrator.
Taxes and Other Matters. In connection with the preparation of any tax returns, any audit or other examination by any taxing or other Governmental Authority, or any Proceeding or other matters including but not limited to, environmental and other matters relating to the transactions contemplated by this Agreement, each party will provide the other with the opportunity to make copies of any records or information which may be relevant to such return, audit or examination, Proceeding or determination. Each party shall make its employees available on a mutually convenient and reasonable basis to provide additional information and explanation of any material provided hereunder.
Taxes and Other Matters. All payments under this Agreement will be reduced by all taxes and other amounts which they required to withhold under applicable law. Xxxx will not continue to earn vacation or other paid time off during the Consulting Period or thereafter.
Taxes and Other Matters. =======================
Taxes and Other Matters. (a) By acceptance of this Agreement, the Participant agrees to pay all withholding and other taxes payable with respect to the Units evidenced by this Agreement, at such times and in such manner as the Company may request and to comply with all Federal and State securities laws. (b) The Participant may elect, subject to approval of the Committee, to satisfy the Participant’s minimum tax withholding requirements under Federal, State and local laws and regulations thereunder in respect of a Vested Unit, in whole or in part, by having the Company withhold shares of Common Stock having a Value equal to all or a portion of the amount so required to be withheld. The Value of the shares to be withheld is to be based upon the same price of the shares that is utilized to determine the amount of withholding tax that the Participant owes. All elections under this Section 6(b) shall be (i) irrevocable and (ii) made electronically through the Company Stock Plan Services Administrator (or by such other method as the Committee determines).
Taxes and Other Matters. SECTION 5.1 Taxes SECTION 5.2 Making of Loans by Administrative Agent. SECTION 5.2.1
AutoNDA by SimpleDocs
Taxes and Other Matters. In connection with the preparation of any tax returns, any audit or other examination by any taxing or other Governmental Authority, or any Proceeding or other matters including but not limited to, environmental and other matters relating to the transactions
Taxes and Other Matters. (a) By execution of this Agreement, the Participant agrees to pay all withholding and other taxes payable with respect to the Shares evidenced by this Agreement, at such times and in such manner as the Company may request and to comply with all Federal and State securities laws. (b) Participant may elect, subject to approval of the Company’s Board of Directors or the Compensation Committee, to satisfy Participant's minimum tax withholding requirements upon expiration or lapsing of a Restriction Period, in whole or in part, by having the Company withhold Shares having a fair market value equal to all or a portion of the amount so required to be withheld. The value of the Shares to be withheld is to be based upon the same price of the Shares that is utilized to determine the amount of withholding tax that the Participant owes. All elections under this Section 7(b) shall be (i) irrevocable, (ii) made in writing and signed by the Participant on the form prescribed by the Company and (iii) submitted to the Board of Directors prior to the November Board of Directors meeting that immediately precedes the date the Restriction Period expires or the Shares otherwise become taxable.
Taxes and Other Matters. (a) By acceptance of this Agreement, the Participant agrees to pay all withholding and other taxes payable with respect to the RSUs evidenced by this Agreement, at such times and in such manner as the Company may request and to comply with all Federal and State securities laws. (b) The Participant may elect, subject to approval of the Committee, to satisfy the Participant’s tax withholding requirements under Federal, State and local laws and regulations thereunder in respect of a Vested RSU, in whole or in part, by having the Company withhold shares of Common Stock having a Fair Market Value equal to all or a portion of the amount so required to be withheld.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!