Withholding Obligation. The employer shall be responsible for determining the amount of withholding taxes (e.g., federal and state income taxes, federal insurance contribution taxes, federal unemployment taxes and state unemployment taxes) to collect and deposit in connection with the exercise and shall make appropriate arrangements for such collection and deposit of such withholding taxes. If the issuer is not the employer of the exercising holder, the issuer is responsible for verifying that the cash received from the broker is equal to the amount reflected in the transaction log.
Appears in 5 contracts
Samples: Personnel Agreement (New Ceridian Corp), Personnel Agreement (New Ceridian Corp), Personnel Agreement (New Ceridian Corp)
