Common use of Withholding and Sale of Shares for Taxes Clause in Contracts

Withholding and Sale of Shares for Taxes. The Company shall have the right, in connection with the delivery of the Restricted Shares and any Stock Dividends subject to this agreement, (a) to deduct from any payment otherwise due by the Company to you or any other person receiving delivery of the Restricted Shares and any Stock Dividends an amount equal to any taxes required to be withheld by law with respect to such delivery, (b) to require you or any other person receiving such delivery to pay to it an amount sufficient to provide for any such taxes so required to be withheld or (c) to sell such number of the Restricted Shares and any Stock Dividends as may be necessary so that the net proceeds of such sale shall be an amount sufficient to provide for any such taxes so required to be withheld.

Withholding and Sale of Shares for Taxes. The Company shall have the right, in connection with the delivery of the Restricted Shares and any Stock Dividends subject to this agreement, (ai) to deduct from any payment otherwise due by the Company to you or any other person receiving delivery of the Restricted Shares and any Stock Dividends an amount equal to any taxes required to be withheld by law with respect to such delivery, (bii) to require you or any other person receiving such delivery to pay to it an amount sufficient to provide for any such taxes so required to be withheld or (ciii) to sell such number of the Restricted Shares and any Stock Dividends as may be necessary so that the net proceeds of such sale shall be an amount sufficient to provide for any such taxes so required to be withheld.

Withholding and Sale of Shares for Taxes. The Company shall have the right, in connection with the delivery of shares of Common Stock in respect of the Restricted Shares and any Stock Dividends Share Units subject to this agreementAgreement, [(ai) to deduct from any payment otherwise due by the Company to you or any other person receiving delivery of the Restricted Shares and any shares of Common Stock Dividends an amount equal to any taxes required to be withheld by law with respect to such delivery, (bii) to require you or any other person receiving such delivery to pay to it an amount sufficient to provide for any such taxes so required to be withheld or (ciii) to sell such number of the Restricted Shares and any shares of Common Stock Dividends as may be necessary so that the net proceeds of such sale shall be an amount sufficient to provide for any such taxes so required to be withheld.