Common use of Withholding of Tax-Related Items Clause in Contracts

Withholding of Tax-Related Items. Notwithstanding Sections 6(b) and 6(c) of the Agreement, any applicable withholding obligation for Tax-Related Items shall not be satisfied by withholding shares of Stock that are to be issued upon settlement of the Award. Rather, any such withholding obligation shall be satisfied by one or more of the alternate means referred to in Section 6(b) of the Agreement.

Appears in 3 contracts

Samples: Performance Share Unit Agreement (Sysco Corp), Performance Share Unit Agreement (Sysco Corp), Performance Share Unit Agreement (Sysco Corp)

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Withholding of Tax-Related Items. Notwithstanding Sections 6(b7(b) and 6(c7(c) of the Agreement, any applicable withholding obligation for Tax-Related Items shall not be satisfied by withholding shares of Stock that are to be issued upon settlement of the Award. Rather, any such withholding obligation shall be satisfied by one or more of the alternate means referred to in Section 6(b7(b) of the Agreement.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Sysco Corp), Restricted Stock Unit Agreement (Sysco Corp)

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