Common use of Withholding of Compensation Clause in Contracts

Withholding of Compensation. Executive hereby agrees that QTS LLC may deduct and withhold from the compensation or other amounts payable to Executive hereunder or otherwise in connection with Executive’s employment any amounts required to be deducted and withheld by QTS LLC under the provisions of any applicable Federal, state and local statute, law, regulation, ordinance or order.

Appears in 5 contracts

Samples: Employment Agreement (QualityTech, LP), Employment Agreement (Quality Investment Properties Irving II, LLC), Employment Agreement (QTS Realty Trust, Inc.)

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Withholding of Compensation. Executive hereby agrees that the Company, the General Partner and QTS LLC may deduct and withhold from the compensation or other amounts payable to Executive hereunder or otherwise in connection with Executive’s employment any amounts required to be deducted and withheld by QTS LLC under the provisions of any applicable Federal, state and local statute, law, regulation, ordinance or order.

Appears in 1 contract

Samples: Employment Agreement (QTS Realty Trust, Inc.)

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