Common use of Withholding in Shares Clause in Contracts

Withholding in Shares. The Company may require Purchaser to satisfy all or any portion of the Company Group’s tax withholding obligations by deducting a number of whole, Vested Shares otherwise deliverable to Purchaser or by Purchaser’s tender to the Company of a number of whole, Vested Shares or vested shares acquired otherwise than pursuant to this Agreement having, in any such case, 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 3 contracts

Samples: Stock Option Exercise (Super Micro Computer, Inc.), Restricted Stock Purchase Agreement (Super Micro Computer, Inc.), Stock Option Exercise (Super Micro Computer, Inc.)

AutoNDA by SimpleDocs

Withholding in Shares. The Company may require Purchaser the Participant to satisfy all or any portion of the Company GroupCompany’s tax withholding obligations by deducting a number of whole, Vested Shares otherwise deliverable to Purchaser the Participant or by Purchaserthe Participant’s tender to the Company of a number of whole, Vested Shares or vested shares acquired otherwise than pursuant to this Agreement having, in any such case, 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 3 contracts

Samples: Restricted Stock Agreement (Ross Stores Inc), Restricted Stock Agreement (Cytori Therapeutics, Inc.), Restricted Stock Agreement (Ross Stores Inc)

Withholding in Shares. The Company may require Purchaser the Participant to satisfy all or any portion of the Company Groupa Participating Company’s tax withholding obligations by deducting a number of whole, Vested Shares otherwise deliverable to Purchaser the Participant or by Purchaserthe Participant’s tender to the Company of a number of whole, Vested Shares or vested shares Vested Shares acquired otherwise than pursuant to this Agreement having, in any such case, 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 (Solar Enertech Corp)

AutoNDA by SimpleDocs

Withholding in Shares. The Company may require Purchaser the Participant to satisfy all or any portion of the Company Groupa Participating Company’s tax withholding obligations by deducting a number of whole, Vested Shares otherwise deliverable to Purchaser the Participant or by Purchaserthe Participant’s tender to the Company of a number of whole, Vested Shares or vested shares acquired otherwise than pursuant to this Agreement having, in any such case, 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 (Ross Stores Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!