Common use of Withholding in Shares Clause in Contracts

Withholding in Shares. Subject to applicable law, the Company may require the Participant to satisfy 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 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 withholding obligations determined by the applicable minimum statutory withholding rates.

Appears in 4 contracts

Samples: Restricted Stock Units Agreement (Lululemon Athletica Inc.), Restricted Stock Units Agreement (Lululemon Athletica Inc.), Restricted Stock Units Agreement (Lululemon Athletica Inc.)

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Withholding in Shares. Subject to applicable law, the Company may shall require the Participant to satisfy its tax withholding obligations by deducting from the shares of Stock otherwise deliverable to the Participant in settlement upon the Vesting Date 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 withholding obligations determined by the applicable minimum statutory withholding rates.

Appears in 2 contracts

Samples: Executive Restricted Stock Agreement (Western Alliance Bancorporation), Executive Restricted Stock Agreement

Withholding in Shares. Subject to applicable law, the Company may require the Participant to satisfy its tax withholding obligations 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 withholding obligations Tax-Related Items determined by the applicable minimum statutory withholding rates.

Appears in 2 contracts

Samples: Restricted Stock Units Agreement (Lululemon Athletica Inc.), Restricted Stock Units Agreement (Lululemon Athletica Inc.)

Withholding in Shares. Subject to applicable law, the The Company may require the Participant to satisfy its 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 withholding obligations determined by the applicable minimum statutory withholding rates.

Appears in 2 contracts

Samples: Restricted Stock Units Agreement (PROS Holdings, Inc.), Restricted Stock Units Agreement (Immersion Corp)

Withholding in Shares. Subject to applicable law, the The Company may permit or require the Participant to satisfy its 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 withholding obligations determined by the applicable minimum statutory withholding rates.

Appears in 2 contracts

Samples: Restricted Stock Units Agreement (Extreme Networks Inc), Restricted Stock Units Agreement (Extreme Networks Inc)

Withholding in Shares. Subject to applicable law, the The Company may require the Participant to satisfy its tax withholding obligations 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 withholding obligations Tax-Related Items determined by the applicable minimum statutory withholding rates.

Appears in 1 contract

Samples: Restricted Stock Units Agreement (Dts, Inc.)

Withholding in Shares. Subject to applicable law, the Company may shall require the Participant to satisfy 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 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 its 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 withholding obligations determined by the applicable minimum statutory withholding rates.

Appears in 1 contract

Samples: Restricted Stock Units Agreement (Dts, Inc.)

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Withholding in Shares. Subject to applicable law, the Company may shall require the Participant to satisfy 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 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 its all or any portion of the Company’s tax withholding obligations by deducting from the shares of Stock Shares otherwise deliverable to the Participant in settlement of the Award Units 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 withholding obligations determined by the applicable minimum statutory withholding rates.

Appears in 1 contract

Samples: Restricted Stock Units Agreement (Adventrx Pharmaceuticals Inc)

Withholding in Shares. Subject to applicable law, the Company may shall require the Participant to satisfy its tax withholding obligations 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 withholding obligations 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 The Company may require the Participant to satisfy its all or any portion of a Participating Company’s tax withholding obligations 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 withholding obligations determined by the applicable minimum statutory withholding rates.

Appears in 1 contract

Samples: Restricted Stock Agreement (Immersion Corp)

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