Common use of Withholding Arrangements Clause in Contracts

Withholding Arrangements. The Committee, in its sole discretion and pursuant to such procedures as it may specify from time to time, may permit a Participant to satisfy such tax withholding obligation, in whole or in part by (a) electing to have the Company withhold otherwise deliverable Shares, or (b) delivering to the Company already-owned Shares having a Fair Market Value equal to the minimum amount required to be withheld.

Appears in 4 contracts

Samples: Award Agreement (Edwards J D & Co), Award Agreement (Polycom Inc), Award Agreement (Lsi Logic Corp)

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Withholding Arrangements. The Committee, in its sole discretion and pursuant to such procedures as it may specify from time to time, may permit or require a Participant to satisfy such the minimum tax withholding obligation, obligations in whole or in part connection with an Award by (a) electing to have having the Company withhold otherwise deliverable Shares, or (b) delivering to the Company already-owned Shares having a Fair Market Value equal to the minimum amount required to be withheld. The Fair Market Value of the Shares to be withheld or delivered shall be determined as of the date that the taxes are required to be withheld.

Appears in 3 contracts

Samples: Helios & Matheson Analytics Inc., Helios & Matheson Analytics Inc., Helios & Matheson Analytics Inc.

Withholding Arrangements. The Committee, in its sole discretion and pursuant to such procedures as it may specify from time to time, may permit a Participant to satisfy such tax withholding obligation, in whole or in part by (a) electing to have the Company withhold otherwise deliverable Shares, or (b) delivering to the Company already-owned Shares having a Fair Market Value equal to the minimum amount required to be withheld.. SECTION 14 LEGAL CONSTRUCTION

Appears in 3 contracts

Samples: Award Agreement (Polycom Inc), Walt Disney Co/, Walt Disney Co/

Withholding Arrangements. The Committee, in its sole discretion and pursuant to such procedures as it may specify from time to time, may permit or require a Participant to satisfy such all or part of the minimum required tax withholding obligation, obligations in whole or in part connection with an Award by (a) electing to have having the Company withhold otherwise deliverable Shares, or (b) delivering to the Company already-owned Shares having a Fair Market Value equal to the minimum amount required to be withheld. The Fair Market Value of the Shares to be withheld or delivered shall be determined as of the date that the taxes are required to be withheld.

Appears in 2 contracts

Samples: Varian Medical Systems Inc, Varian Medical Systems Inc

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Withholding Arrangements. The Committee, in its sole discretion and pursuant to such procedures as it may specify from time to time, may permit a Participant to satisfy such tax withholding obligation, in whole or in part by (a) electing to have the Company withhold otherwise deliverable Shares, or (b) delivering to the Company already-owned Shares having a Fair Market Value equal to the minimum amount required to be withheld.. SECTION 14

Appears in 1 contract

Samples: 2004 Equity Incentive Plan (Pixar \Ca\)

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