Common use of Taxes and Withholding Clause in Contracts

Taxes and Withholding. No later than the date as of which an amount first becomes includible in the gross income of the Participant for federal, state, local, foreign income, employment or other tax purposes with respect to any Restricted Stock Units, the Participant shall pay to the Company, or make arrangements satisfactory to the Company regarding the payment of, all federal, state, local and foreign taxes that are required by applicable laws and regulations to be withheld with respect to such amount. The obligations of the Company under this Agreement shall be conditioned on compliance by the Participant with this Section 8, and the Company shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the Participant, including deducting such amount from the delivery of Shares upon settlement of the Restricted Stock Units that gives rise to the withholding requirement.

Appears in 16 contracts

Samples: Agreement (Assurant, Inc.), Agreement (Assurant, Inc.), Agreement (Assurant, Inc.)

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Taxes and Withholding. No later than the date as of which an amount first becomes includible in the gross income of the Participant for federal, state, local, foreign income, employment or other tax purposes with respect to any Restricted Stock Units, the Participant shall pay to the Company, or make arrangements satisfactory to the Company regarding the payment of, all federal, state, local and foreign taxes that are required by applicable laws and regulations to be withheld with respect to such amount. The obligations of the Company under this Agreement shall be conditioned on compliance by the Participant with this Section 8, and the Company shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the Participant, including deducting such amount from the delivery of Shares shares upon settlement of the Restricted Stock Units that gives rise to the withholding requirement.

Appears in 11 contracts

Samples: Agreement (Assurant, Inc.), Agreement (Assurant Inc), Agreement (Assurant Inc)

Taxes and Withholding. No later than the date as of which an amount first becomes includible in the gross income of the Participant Employee for federal, state, local, local or foreign income, employment or other tax purposes with respect to any Restricted Stock Units, the Participant Employee shall pay to the Company, or make arrangements satisfactory to the Company regarding the payment of, all federal, state, local and foreign taxes that are required by applicable laws and regulations to be withheld with respect to such amount. The obligations of the Company under this Agreement shall be conditioned on compliance by the Participant Employee with this Section 8, and the Company shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the ParticipantEmployee, including deducting such amount from the delivery of Shares shares upon settlement of the Restricted Stock Units that gives rise to the withholding requirement.

Appears in 8 contracts

Samples: Restricted Stock Unit Agreement With Employee (Unum Group), Restricted Stock Unit Agreement With Employee (Unum Group), Restricted Stock Unit Agreement With Employee (Unum Group)

Taxes and Withholding. No later than the date as of which an amount first becomes includible in the gross income of the Participant Employee for federal, state, local, local or foreign income, income or employment or other tax purposes with respect to any Restricted Stock UnitsStock, the Participant Employee shall pay to the Company, or make arrangements satisfactory to the Company regarding the payment of, all federal, state, local and foreign taxes that are required by applicable laws and regulations to be withheld with respect to such amount. The obligations of the Company under this Agreement shall be conditioned on compliance by the Participant Employee with this Section 8, and the Company shall, to the extent permitted by law, have the right to deduct or cause to be deducted by the Transfer Agent any such taxes from any payment otherwise due to the ParticipantEmployee, including deducting such amount from the delivery of Shares upon settlement of the Restricted Stock Units that gives rise to the withholding requirement.

Appears in 7 contracts

Samples: Restricted Stock Agreement (Kbw, Inc.), Restricted Stock Agreement (Kbw, Inc.), Restricted Stock Agreement (Kbw, Inc.)

Taxes and Withholding. No later than the date as of which an amount first becomes includible in the gross income of the Participant Employee for federal, state, local, local or foreign income, employment or other tax purposes with respect to any Restricted Stock Performance Share Units, the Participant Employee shall pay to the Company, or make arrangements satisfactory to the Company regarding the payment of, all the minimum federal, state, local and foreign taxes that are required by applicable laws and regulations to be withheld with respect to such amount. The obligations of the Company under this Agreement shall be conditioned on compliance by the Participant Employee with this Section 89, and the Company shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the ParticipantEmployee, including deducting such amount from the delivery of Shares shares upon settlement of the Restricted Stock Performance Share Units that gives rise to the withholding requirement.

Appears in 7 contracts

Samples: Performance Share Unit Agreement With Employee (Unum Group), Performance Share Unit Agreement With Employee (Unum Group), Performance Share Unit Agreement (Unum Group)

Taxes and Withholding. No later than the date as of which an amount first becomes includible in the gross income of the Participant Employee for federal, state, local, foreign income, employment or other tax purposes with respect to any Restricted Stock Units, the Participant Employee shall pay to the Company, or make arrangements satisfactory to the Company regarding the payment of, all federal, state, local and foreign taxes that are required by applicable laws and regulations to be withheld with respect to such amount. The obligations of the Company under this Agreement shall be conditioned on compliance by the Participant Employee with this Section 8, and the Company shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the ParticipantEmployee, including deducting such amount from the delivery of Shares shares upon settlement of the Restricted Stock Units that gives rise to the withholding requirement.

Appears in 6 contracts

Samples: Restricted Stock Unit Agreement (Unum Group), Restricted Stock Unit Agreement (Unum Group), Restricted Stock Unit Agreement With Employee (Unum Group)

Taxes and Withholding. No later than the date as of which an amount first becomes includible in the gross income of the Participant Eligible Individual for federal, state, local, local or foreign income, income or employment or other tax purposes with respect to any Restricted Stock Units, the Participant Eligible Individual shall pay to the CompanyCorporation, or make arrangements satisfactory to the Company Corporation regarding the payment of, all any federal, state, local and or foreign taxes that are of any kind required by applicable laws and regulations law to be withheld with respect to such amount. The obligations of the Company Corporation under this Agreement shall be conditioned on compliance by the Participant Eligible Individual with this Section Paragraph 8, and the Company Corporation and its Affiliates shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the ParticipantEligible Individual, including deducting such amount from the delivery of Shares shares issued upon settlement of the Restricted Stock Units that gives rise to the withholding requirement.

Appears in 4 contracts

Samples: Restricted Stock Unit Agreement (Expedia, Inc.), Restricted Stock Unit Agreement (Expedia, Inc.), Restricted Stock Unit Agreement (Expedia, Inc.)

Taxes and Withholding. No later than the date as of which an amount first becomes includible in the gross income of the Participant Employee for federal, state, local, foreign income, employment or other tax purposes with respect to any Restricted Stock UnitsStock, the Participant Employee shall pay to the Company, or make arrangements satisfactory to the Company regarding the payment of, all federal, state, local and foreign taxes that are required by applicable laws and regulations to be withheld with respect to such amount. The obligations of the Company under this Agreement shall be conditioned on compliance by the Participant Employee with this Section 8, and the Company shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the ParticipantEmployee, including deducting such amount from the delivery of Shares upon settlement of the Restricted Stock Units that gives rise to the withholding requirement.

Appears in 4 contracts

Samples: Restricted Stock Agreement (Unum Group), Restricted Stock Agreement (Unum Group), Performance Based Restricted Stock Agreement (Unum Group)

Taxes and Withholding. No later than the date as of which an amount first becomes includible in the gross income of the Participant Employee for federal, state, local, local or foreign income, employment or other tax purposes with respect to any Restricted Stock Units, the Participant Employee shall pay to the Company, or make arrangements satisfactory to the Company regarding the payment of, all federal, state, local and foreign taxes that are required by applicable laws and regulations to be withheld with respect to such amount. The obligations of the Company under this Agreement shall be conditioned on compliance by the Participant Employee with this Section 8, and the Company shall, to the extent permitted by law, have the unilateral right to deduct any such taxes from any payment otherwise due to the ParticipantEmployee, including deducting such amount from the delivery of Shares shares upon settlement of the Restricted Stock Units that gives rise to the withholding requirement.

Appears in 4 contracts

Samples: Restricted Stock Unit Agreement (Unum Group), Restricted Stock Unit Agreement (Unum Group), Restricted Stock Unit Agreement (Unum Group)

Taxes and Withholding. No later than the date as of which an amount first becomes includible in the gross income of the Participant Eligible Individual for federal, state, local, local or foreign income, income or employment or other tax purposes with respect to any Restricted Stock Units, the Participant Eligible Individual shall pay to the CompanyCorporation, or make arrangements satisfactory to the Company Corporation regarding the payment of, all any federal, state, local and or foreign taxes that are of any kind required by applicable laws and regulations law to be withheld with respect to such amount. The obligations of the Company Corporation under this Agreement shall be conditioned on compliance by the Participant Eligible Individual with this Section Paragraph 8, and the Company Corporation and its Affiliates shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the ParticipantEligible Individual, including deducting such amount from the delivery of Shares shares or cash issued upon settlement of the Restricted Stock Units that gives rise to the withholding requirement.

Appears in 4 contracts

Samples: Restricted Stock Unit Agreement (Expedia, Inc.), Restricted Stock Unit Agreement (TripAdvisor, Inc.), Restricted Stock Unit Agreement (Expedia, Inc.)

Taxes and Withholding. No later than the date as of which an amount first becomes includible in the gross income of the Participant Employee for federal, state, local, local or foreign income, employment or other income tax purposes with respect to any Restricted Stock Units, the Participant Employee shall pay to the CompanyCompany or its applicable Affiliate, or make arrangements satisfactory to the Company or its applicable Affiliate regarding the payment of, all any federal, state, local and foreign taxes that are required by applicable laws and regulations to be withheld with respect to such amount. The obligations of the Company under this Agreement shall be conditioned on compliance by the Participant Employee with this Section 86, and the Company or its applicable Affiliate shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the ParticipantEmployee, including deducting such amount from the delivery of Shares shares or cash issued upon settlement of the Restricted Stock Units that gives rise to the withholding requirement.

Appears in 3 contracts

Samples: Stock Unit Agreement (Lazard LTD), Stock Unit Agreement (Lazard LTD), Stock Unit Agreement (Lazard Group LLC)

Taxes and Withholding. No later than the date as of which an amount first becomes includible in the gross income of the Participant for federal, state, local, local or foreign income, employment or other income tax purposes with respect to any Restricted Stock Units, the Participant shall pay to the Company, or make arrangements satisfactory to the Company regarding the payment of, all any federal, state, local and foreign taxes that are required by applicable laws and regulations to be withheld with respect to such amount. The obligations of the Company under this Agreement shall be conditioned on compliance by the Participant with this Section 86, and the Company shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the Participant, including deducting such amount from the delivery of Shares shares or cash issued upon settlement of the Restricted Stock Units that gives rise to the withholding requirement.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (SelectQuote, Inc.), Restricted Stock Unit Agreement (SelectQuote, Inc.), Performance Based Restricted Stock Unit Agreement (SelectQuote, Inc.)

Taxes and Withholding. No later than the date as of which an amount first becomes includible in the gross income of the Participant Employee for federal, state, local, local or foreign income, income or employment or other tax purposes with respect to any Restricted Stock UnitsStock, the Participant Employee shall pay to the CompanyCorporation, or make arrangements satisfactory to the Company Corporation regarding the payment of, all federal, state, local and foreign taxes that are required by applicable laws and regulations to be withheld with respect to such amount. The obligations of the Company Corporation under this Agreement shall be conditioned on compliance by the Participant Employee with this Section 8Paragraph 9, and the Company Corporation shall, to the extent permitted by law, have the right to deduct or cause to be deducted by the Transfer Agent any such taxes from any payment otherwise due to the ParticipantEmployee, including deducting such amount from the delivery of Shares upon settlement of the Restricted Stock Units that gives rise to the withholding requirement.

Appears in 3 contracts

Samples: Restricted Stock Agreement (Kbw, Inc.), Restricted Stock Agreement (Kbw, Inc.), Restricted Stock Agreement (Kbw, Inc.)

Taxes and Withholding. No later than the date as of which an amount first becomes includible in the gross income of the Participant Employee for federal, state, local, local or foreign income, employment or other tax purposes with respect to any Restricted Stock Units, the Participant Employee shall pay to the Company, or make arrangements satisfactory to the Company regarding the payment of, all federal, state, local and foreign taxes that are required by applicable laws and regulations to be withheld with respect to such amount. The obligations of the Company under this Agreement shall be conditioned on compliance by the Participant Employee with this Section 8, and the Company shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the ParticipantEmployee, including deducting such amount from the delivery of Shares cash upon settlement of the Restricted Stock Units that gives rise to the withholding requirement.

Appears in 3 contracts

Samples: Cash Settled Restricted Stock Unit Agreement (Unum Group), Cash Settled Restricted Stock Unit Agreement (Unum Group), Settled Restricted Stock Unit Agreement (Unum Group)

Taxes and Withholding. No later than the date as of which an amount first becomes includible in the gross income of the Participant Employee for federal, state, local, local or foreign income, employment or other tax purposes with respect to any Restricted Stock Cash Incentive Units, the Participant Employee shall pay to the Company, or make arrangements satisfactory to the Company regarding the payment of, all federal, state, local and foreign taxes that are required by applicable laws and regulations to be withheld with respect to such amount. The obligations of the Company under this Agreement shall be conditioned on compliance by the Participant Employee with this Section 87, and the Company shall, to the extent permitted by law, have the unilateral right to deduct any such taxes from any payment otherwise due to the ParticipantEmployee, including deducting such amount from the delivery of Shares cash payable upon settlement of the Restricted Stock Cash Incentive Units that gives rise to the withholding requirement.

Appears in 2 contracts

Samples: Cash Incentive Unit Agreement (Unum Group), Cash Incentive Unit Agreement (Unum Group)

Taxes and Withholding. No later than the date as of which an amount first becomes includible in the gross income of the Participant Employee for federal, state, local, local or foreign income, employment or other tax purposes with respect to any Restricted Stock Performance Share Units, the Participant Employee shall pay to the Company, or make arrangements satisfactory to the Company regarding the payment of, all federal, state, local and foreign taxes that are required by applicable laws and regulations to be withheld with respect to such amount. The obligations of the Company under this Agreement shall be conditioned on compliance by the Participant Employee with this Section 89, and the Company shall, to the extent permitted by law, have the unilateral right to deduct any such taxes from any payment otherwise due to the ParticipantEmployee, including deducting such amount from the delivery of Shares shares upon settlement of the Restricted Stock Performance Share Units that gives rise to the withholding requirement.

Appears in 2 contracts

Samples: Performance Share Unit Agreement With Employee (Unum Group), Performance Share Unit Agreement With Employee (Unum Group)

Taxes and Withholding. No later than the date as of which an amount first becomes includible in the gross income of the Participant Employee for federal, state, local, foreign income, employment or other tax purposes with respect to any Restricted Stock Units, the Participant Employee shall pay to the Company, or make arrangements satisfactory to the Company regarding the payment of, all federal, state, local and foreign taxes that are required by applicable laws and regulations to be withheld with respect to such amount. The obligations of the Company under this Agreement shall be conditioned on compliance by the Participant Employee with this Section 8, and the Company shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the ParticipantEmployee, including deducting such amount from the delivery of Shares cash upon settlement of the Restricted Stock Units that gives rise to the withholding requirement.

Appears in 2 contracts

Samples: Settled Restricted Stock Unit Agreement (Unum Group), Settled Restricted Stock Unit Agreement With Employee (Unum Group)

Taxes and Withholding. No later than the date as of which an amount first becomes includible in the gross income of the Participant for federal, state, local, local or foreign income, employment or other income tax purposes with respect to any Restricted Stock Price-Vested Units, the Participant shall pay to the Company, or make arrangements satisfactory to the Company regarding the payment of, all any federal, state, local and foreign taxes that are required by applicable laws and regulations to be withheld with respect to such amount. The obligations of the Company under this Agreement shall be conditioned on compliance by the Participant with this Section 86, and the Company shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the Participant, including deducting such amount from the delivery of Shares shares or cash issued upon settlement of the Restricted Stock Price-Vested Units that gives rise to the withholding requirement.

Appears in 2 contracts

Samples: Price Vested Unit Agreement (SelectQuote, Inc.), Price Vested Unit Agreement (SelectQuote, Inc.)

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Taxes and Withholding. No later than the date as of which an amount first becomes includible in the gross income of the Participant Employee for federal, state, local, local or foreign income, income or employment or other tax purposes with respect to any Restricted Stock Units, the Participant Employee shall pay to the CompanyCorporation, or make arrangements satisfactory to the Company Corporation regarding the payment of, all any federal, state, local and or foreign taxes that are of any kind required by applicable laws and regulations law to be withheld with respect to such amount. The obligations of the Company Corporation under this Agreement shall be conditioned on compliance by the Participant Employee with this Section Paragraph 8, and the Company Corporation and its Affiliates shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the ParticipantEmployee, including deducting such amount from the delivery of Shares shares or cash issued upon settlement of the Restricted Stock Units that gives rise to the withholding requirement.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Iac/Interactivecorp), Restricted Stock Unit Agreement (Iac/Interactivecorp)

Taxes and Withholding. No later than the date as of which an amount first becomes includible in the gross income of the Participant for federal, state, local, local or foreign income, income or employment or other tax purposes with respect to any Restricted Stock Units, the Participant shall pay to the CompanyCorporation, or make arrangements satisfactory to the Company Corporation regarding the payment of, all any federal, state, local and or foreign taxes that are of any kind required by applicable laws and regulations law to be withheld with respect to such amount. The obligations of the Company Corporation under this Agreement shall be conditioned on compliance by the Participant with this Section Paragraph 8, and the Company Corporation and its Affiliates shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the Participant, including deducting such amount from the delivery of Shares shares issued upon settlement of the Restricted Stock Units that gives rise to the withholding requirement.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Expedia, Inc.), Restricted Stock Unit Agreement (Expedia, Inc.)

Taxes and Withholding. No later than the date as of which an amount first becomes includible in the gross income of the Participant Employee for federal, state, local, local or foreign income, employment or other income tax purposes with respect to any Restricted Stock Units, the Participant Employee shall pay to the CompanyCompany or its applicable Affiliate, or make arrangements satisfactory to the Company or its applicable Affiliate regarding the payment of, all any federal, state, local and foreign taxes that are required by applicable laws and regulations to be withheld with respect to such amount. The obligations of the Company under this Agreement shall be conditioned on compliance by the Participant Employee with this Section 86, and the Company or its applicable Affiliate shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the ParticipantEmployee, including deducting such amount from the delivery of Shares or cash issued upon settlement of the Restricted Stock Units that gives rise to the withholding requirement.

Appears in 2 contracts

Samples: Stock Unit Agreement (Lazard Group LLC), Stock Unit Agreement (Lazard LTD)

Taxes and Withholding. No later than the date as of which an amount first becomes includible in the gross income of the Participant Employee for federal, state, local, local or foreign income, employment or other tax purposes with respect to any Restricted Stock Units, the Participant Employee shall pay to the Company, or make arrangements satisfactory to the Company regarding the payment of, all federal, state, local and foreign taxes that are required by applicable laws and regulations to be withheld with respect to such amount. The obligations of the Company under this Agreement shall be conditioned on compliance by the Participant Employee with this Section 8, and the Company shall, to the extent permitted by law, have the unilateral right to deduct any such taxes from any payment otherwise due to the ParticipantEmployee, including deducting such amount from the delivery of Shares cash upon settlement of the Restricted Stock Units that gives rise to the withholding requirement.

Appears in 1 contract

Samples: Settled Restricted Stock Unit Agreement (Unum Group)

Taxes and Withholding. No later than the date as of which an amount first becomes includible in the gross income of the Participant Employee for federal, state, local, foreign income, employment or other tax purposes with respect to any Restricted Stock Cash Units, the Participant Employee shall pay to the Company, or make arrangements satisfactory to the Company regarding the payment of, all federal, state, local and foreign taxes that are required by applicable laws and regulations to be withheld with respect to such amount. The obligations of the Company under this Agreement shall be conditioned on compliance by the Participant Employee with this Section 85, and the Company shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the ParticipantEmployee, including deducting such amount from the delivery of Shares cash upon settlement of the Restricted Stock Cash Units that gives rise to the withholding requirement.

Appears in 1 contract

Samples: Restricted Cash Incentive Plan Agreement With Employee (NewStar Financial, Inc.)

Taxes and Withholding. No later than the date as of which an amount first becomes includible in the gross income of the Participant Employee for federal, state, local, local or foreign income, employment or other tax purposes with respect to any Restricted Stock Performance Share Units, the Participant Employee shall pay to the Company, or make arrangements satisfactory to the Company regarding the payment of, all the minimum federal, state, local and foreign taxes that are required by applicable laws and regulations to be withheld with respect to such amount. The obligations of the Company under this Agreement shall be conditioned on compliance by the Participant Employee with this Section 8, and the Company shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the ParticipantEmployee, including deducting such amount from the delivery of Shares shares upon settlement of the Restricted Stock Performance Share Units that gives rise to the withholding requirement.

Appears in 1 contract

Samples: Performance Share Unit Agreement (Unum Group)

Taxes and Withholding. No later than the date as of which an amount first becomes includible in the gross income of the Participant for federal, state, local, local or foreign income, employment or other income tax purposes with respect to any Restricted Stock Unitsthe Option, the Participant shall pay to the Company, or make arrangements satisfactory to the Company regarding the payment of, all any federal, state, local and foreign taxes that are required by applicable laws and regulations to be withheld with respect to such amount. The obligations of the Company under this Agreement shall be conditioned on compliance by the Participant with this Section 8, and the Company shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the Participant, including deducting such amount from the delivery of Shares or cash issued upon settlement of the Restricted Stock Units that gives rise to the withholding requirement.

Appears in 1 contract

Samples: Stock Option Agreement (SelectQuote, Inc.)

Taxes and Withholding. No later than the date as of which an amount first becomes includible in the gross income of the Participant Employee for federal, state, local, local or foreign income, income or employment or other tax purposes with respect to any Restricted Stock UnitsStock, the Participant Employee shall pay to the CompanyCorporation, or make arrangements satisfactory to the Company Corporation regarding the payment of, all federal, state, local and foreign taxes that are required by applicable laws and regulations to be withheld with respect to such amount. The obligations of the Company Corporation under this Agreement shall be conditioned on compliance by the Participant Employee with this Section 8Paragraph 9, and the Company Corporation shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the ParticipantEmployee, including deducting such amount from the delivery of Shares upon settlement of the Restricted Stock Units that gives rise to the withholding requirement.

Appears in 1 contract

Samples: Restricted Stock Agreement (Kbw, Inc.)

Taxes and Withholding. No later than the date as of which an amount first becomes includible in the gross income of the Participant for federal, state, local, foreign income, employment or other tax purposes Employee under Tax Law (as defined in the Plan) with respect to any Restricted Stock Share Units, the Participant Employee shall pay to the Company, or make arrangements satisfactory to the Company regarding the payment of, all federal, state, local and foreign taxes that are required by applicable laws and regulations to be withheld with respect to such amount. The obligations of the Company under this Agreement shall be conditioned on compliance by the Participant Employee with this Section 8Paragraph 7, and the Company shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the ParticipantEmployee, including deducting such amount from the delivery of Shares shares or cash issued upon settlement of the Restricted Stock Share Units that gives rise to the withholding requirement.

Appears in 1 contract

Samples: Restricted Share Unit Agreement (Changyou.com LTD)

Taxes and Withholding. No later than the date as of which an amount first becomes includible in the gross income of the Participant Employee for federal, state, local, local or foreign income, employment or other income tax purposes with respect to any Restricted Stock Units, the Participant Employee shall pay to the CompanyCorporation, or make arrangements satisfactory to the Company Corporation regarding the payment of, all federal, state, local and foreign taxes that are required by applicable laws and regulations to be withheld with respect to such amount. The obligations of the Company Corporation under this Agreement shall be conditioned on compliance by the Participant Employee with this Section Paragraph 8, and the Company Corporation shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the ParticipantEmployee, including deducting such amount from the delivery of Shares shares or cash issued upon settlement of the Restricted Stock Units that gives rise to the withholding requirement.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Iac/Interactivecorp)

Taxes and Withholding. No later than the date as of which an amount first becomes includible in the gross income of the Participant for federal, state, local, local or foreign income, employment or other income tax purposes with respect to any Restricted Stock UnitsPerformance Shares, the Participant shall pay to the Company, or make arrangements satisfactory to the Company regarding the payment of, all federal, state, local and foreign taxes that are required by applicable laws and regulations to be withheld with respect to such amount. The obligations of the Company under this Agreement shall be conditioned on compliance by the Participant with this Section Paragraph 8, and the Company shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the Participant, including deducting such amount from the delivery of Shares shares of Company Stock issued upon settlement of the Restricted Stock Units Performance Shares that gives rise to the withholding requirement.

Appears in 1 contract

Samples: Performance Grant Agreement (Roanoke Electric Steel Corp)

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