Common use of Withholding of Tax Clause in Contracts

Withholding of Tax. The Committee may make such provisions as it may deem appropriate for the withholding of any taxes which it determines is required in connection with this Award. Unless the Committee provides otherwise, to the extent this Award is settled in shares of Stock, the Company shall reduce the number of shares of Stock that would have otherwise been delivered to Employee by a number of shares of Stock having a Fair Market Value equal to the amount required to be withheld.

Appears in 13 contracts

Samples: Restricted Stock Unit Agreement (Kbr, Inc.), Performance Stock Unit Agreement (Kbr, Inc.), Restricted Stock Unit Agreement (Kbr, Inc.)

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Withholding of Tax. The Committee may make such provisions as it may deem appropriate for the withholding of any taxes which it determines is required in connection with this Award. Unless the Committee provides otherwise, to the extent this Award is settled in shares of Stock, the Company shall reduce the number of shares of Stock that would have otherwise been delivered to Employee by a number of shares of Stock having a Fair Market Value equal to the amount required to be withheld.

Appears in 9 contracts

Samples: Restricted Stock Unit Agreement (Kbr, Inc.), Restricted Stock Unit Agreement (Kbr, Inc.), Restricted Stock Unit Agreement (Kbr, Inc.)

Withholding of Tax. The Committee may make such provisions as it may deem appropriate for the withholding of any taxes which that it determines is required in connection with this Award. Unless Award and unless otherwise approved by the Committee provides otherwise, to the extent this Award is settled in shares of StockCommittee, the Company shall reduce the number of shares of Stock that would have otherwise been delivered to Employee by a number of shares of Stock having a Fair Market Value equal to the amount required to be withheld.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Kbr, Inc.), Restricted Stock Agreement (Kbr, Inc.)

Withholding of Tax. The Committee may make such provisions as it may deem appropriate for the withholding of any taxes which it determines is required in connection with this Award. Unless award of Restricted Stock Units, and, unless otherwise approved by the Committee provides otherwise, to the extent this Award is settled in shares of StockCommittee, the Company shall either (i) reduce the number of shares of Stock that would have otherwise been delivered to Employee by a number of shares of Stock having a Fair Market Value equal to the amount required to be withheld, or (ii) withhold the appropriate amount of any taxes due in accordance with the Company’s payroll procedures applicable to the Employee.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Halliburton Co), Restricted Stock Unit Agreement (Halliburton Co)

Withholding of Tax. The Committee may make such provisions as it may deem appropriate for the withholding of any taxes which that it determines is required in connection with this Award. Unless the Committee provides otherwise, to the extent this Award is settled in shares of Stock, the Company shall reduce the number of shares of Stock that would have otherwise been delivered to Employee Director by a number of shares of Stock having a Fair Market Value equal to the amount required to be withheld.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Kbr, Inc.)

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Withholding of Tax. The Committee may make such provisions as it may deem appropriate for the withholding of any taxes which it determines is required in connection with this Award. Unless the Committee provides otherwise, to the extent this Award is settled in shares of Stock, the Company shall reduce the number of shares of Stock that would have otherwise been delivered to Employee by a number of shares of Stock having a Fair Market Value equal to the amount required to be withheld.. US EMPLOYEE – 3-Year Vesting

Appears in 1 contract

Samples: Performance Stock Unit Agreement (Kbr, Inc.)

Withholding of Tax. The Committee may make such provisions as it may deem appropriate for the withholding of any taxes which it determines is required in connection with this Award. Unless Award and unless otherwise approved by the Committee provides otherwise, to the extent this Award is settled in shares of StockCommittee, the Company shall reduce the number of shares of Stock that would have otherwise been delivered to Employee by a number of shares of Stock having a Fair Market Value equal to the amount required to be withheld.

Appears in 1 contract

Samples: Restricted Stock Agreement (Kbr, Inc.)

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