Withholding and Payroll Taxes Sample Clauses
Withholding and Payroll Taxes. The payment of any Annual Base Salary and bonus or other amounts to Executive as provided hereunder or otherwise shall be subject to applicable withholding and payroll taxes and such other deductions as may be required by law or under any of the Company’s policies or plans from time to time in effect.
Withholding and Payroll Taxes. Any and all payments to Employee under this Agreement are subject to applicable withholding and payroll taxes.
Withholding and Payroll Taxes. All amounts payable by the Company to Executive pursuant to this Agreement, including without limitation all cash compensation, any Sale Bonus, and any settlement of stock options, are subject to and will be reduced by amounts the Company is required to withhold for all applicable federal, state, and local income and payroll taxes.
Withholding and Payroll Taxes. KCSI and Xxxxxxxx each agree that the issuer of the stock issued upon the exercise of a Substituted Option shall withhold all federal, state, local or other taxes required to be withheld in connection with the exercise of a Substituted Option, and shall provide a statement to the optionee (or his or her estate) showing the compensation income recognized under Code Section 83 during the applicable calendar year. KCSI and Xxxxxxxx also agree that the company which is paying the employee (or if the optionee exercising is no longer employed, the company which was paying such optionee at the time he or she left service) at the time of exercise of a Substituted Option shall pay the employer portion of any FICA (including Medicare) and Railroad Retirement taxes due on the exercise of the Substituted Options.
Withholding and Payroll Taxes. The Company shall withhold from any and all benefits made under this Article 2, all federal, state and local income taxes, employment and other taxes required to be withheld by the Company in connection with the benefits hereunder, in amounts to be determined in the sole discretion of the Company.
Withholding and Payroll Taxes. All amounts payable by the Company to Executive pursuant to this Second Addendum are subject to and will be reduced by amounts the Company is required to withhold for all applicable federal, state, and local income and payroll taxes.
Withholding and Payroll Taxes. All forms of compensation payable pursuant to the terms of this agreement are subject to applicable withholding and payroll taxes.
Withholding and Payroll Taxes. The Company shall withhold from any and all benefits made under this Article 3, all federal, state and local income, employment and other taxes required to be withheld by the Company in connection with the benefits hereunder.
Withholding and Payroll Taxes. All amounts payable by the Company to Executive pursuant to this Agreement are subject to and will be reduced by amounts the Company is required to withhold for all applicable federal, state, and local income and payroll taxes.
Withholding and Payroll Taxes. The Employer shall withhold from payments made hereunder any taxes required to be withheld from a Participant's age under federal, state or local law. However, a Beneficiary may elect not to have withholding for federal income tax purposes pursuant to Section 3405(a) (2) of the Internal Revenue Code, or any successor provision thereto.