Withholding in Shares. Subject to applicable law, the Company may require the Participant to satisfy Tax-Related Items by deducting from the shares of Stock otherwise deliverable to the Participant in settlement of the Award a number of whole shares of Stock having a fair market value, as determined by the Company as of the date on which the tax withholding obligations arise, not in excess of the amount of such Tax-Related Items determined by the applicable minimum statutory withholding rates.
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Samples: Restricted Stock Units Agreement (Lululemon Athletica Inc.), Restricted Stock Units Agreement (Lululemon Athletica Inc.)
Withholding in Shares. Subject The Participant may elect to applicable law, satisfy all or any portion of a Participating Company’s tax withholding obligations by requesting that the Company may require the Participant to satisfy Tax-Related Items by deducting deduct from the shares of Stock otherwise deliverable to the Participant in settlement of the Award a number of whole shares of Stock having a fair market value, as determined by the Company as of the date on which the tax withholding obligations arise, not in excess of the amount of such Tax-Related Items tax withholding obligations determined by the applicable minimum statutory withholding rates.
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Samples: Restricted Stock Units Agreement (Pico Holdings Inc /New)
Withholding in Shares. Subject to applicable law, the The Company may require the Participant to satisfy all or any portion of the Tax-Related Items by deducting from the shares of Stock otherwise deliverable to the Participant in settlement of the Award a number of whole shares of Stock having a fair market value, as determined by the Company as of the date on which the tax withholding obligations arise, not in excess of the amount of such Tax-Related Items determined by the applicable minimum statutory withholding rates.
Appears in 1 contract
Withholding in Shares. Subject to applicable law, the The Company may require the Participant to satisfy Tax-Related Items all or any portion of a Participating Company’s tax withholding obligations by deducting from the shares of Stock otherwise deliverable to the Participant in settlement of the Award a number of whole shares of Stock having a fair market value, as determined by the Company as of the date on which the tax withholding obligations arise, not in excess of the amount of such Tax-Related Items tax withholding obligations determined by the applicable minimum statutory withholding rates.
Appears in 1 contract
Withholding in Shares. Subject to applicable law, the Company may shall require the Participant to satisfy Tax-Related Items by deducting from the shares of Stock otherwise deliverable to the Participant in settlement of the Award a number of whole shares of Stock having a fair market valueFair Market Value, as determined by the Company as of the date on which the tax withholding obligations arise, not in excess of the amount of such Tax-Related Items determined by the applicable minimum statutory withholding rates.
Appears in 1 contract
Samples: Performance Share Agreement (Lululemon Athletica Inc.)
Withholding in Shares. Subject to applicable law, the Company may shall require the Participant to satisfy Tax-Related Items its tax withholding obligations by deducting from the shares of Stock otherwise deliverable to the Participant in settlement of the Award a number of whole shares of Stock having a fair market valueFair Market Value, as determined by the Company as of the date on which the tax withholding obligations arise, not in excess of the amount of such Tax-Related Items tax withholding obligations determined by the applicable minimum statutory withholding rates.
Appears in 1 contract
Samples: Performance Share Agreement (Lululemon Athletica Inc.)
Withholding in Shares. Subject to applicable law, the The Company may require the Participant to satisfy all or any portion of the Tax-Related Items by deducting from the shares of Stock Shares otherwise deliverable to the Participant in settlement of the Award a number of whole shares of Stock Shares having a fair market value, as determined by the Company as of the date on which the tax withholding obligations arise, not in excess of the amount of such Tax-Related Items determined by the applicable minimum statutory withholding rates.
Appears in 1 contract
Withholding in Shares. Subject to applicable law, the Company may shall require the Participant to satisfy Tax-Related Items its tax withholding obligations by deducting from the shares of Stock otherwise deliverable to the Participant in settlement of the Award a number of whole shares of Stock having a fair market valueFair Market Value, as determined by the Company as of the date on which the tax withholding obligations arise, not in excess of the amount of such Tax-Related Items tax withholding obligations determined by the applicable minimum statutory withholding rates.
Appears in 1 contract
Samples: Performance Share Agreement (Lululemon Athletica Inc.)