WITHHOLDING; CERTAIN TAX MATTERS. (a) No Shares will be delivered pursuant to this Award unless and until the Participant shall have remitted to the Company in cash or by check an amount sufficient to satisfy any federal, state or local withholding tax requirements or tax payments, or shall have made other arrangements satisfactory to the Administrator with respect to such taxes. The Administrator may, in its sole discretion, hold back Shares from an award or permit the Participant to tender previously owned shares of Stock in satisfaction of tax withholding or tax payment requirements (but not in excess of the applicable minimum statutory withholding rate).
Appears in 6 contracts
Samples: Equity Incentive Plan (LPL Financial Holdings Inc.), Equity Incentive Plan (LPL Financial Holdings Inc.), Equity Incentive Plan (LPL Financial Holdings Inc.)
