Withholding or Deduction for Taxes. If at any time specified herein for the making of any issuance or delivery of any Option or Shares to the Optionee or any beneficiary, any law or regulation of any governmental authority having jurisdiction in the premises shall require the Company to withhold, or to make any deduction for, any taxes or take any other action in connection with the issuance or delivery then to be made, such issuance or delivery shall be deferred until such withholding or deduction shall have been provided for by the Optionee or beneficiary, or other appropriate action shall have been taken.
Appears in 4 contracts
Samples: Non Qualified Stock Option Agreement (CREATIVE LEARNING Corp), Non Qualified Stock Option Agreement (CREATIVE LEARNING Corp), Nonqualified Stock Option Agreement (Quikbyte Software Inc)
Withholding or Deduction for Taxes. If at any time specified herein for the making of any issuance or delivery of any Option or Shares Common Stock to the Optionee or any beneficiary, any law or regulation of any governmental authority having jurisdiction in the premises shall require the Company to withhold, or to make any deduction for, any taxes or take any other action in connection with the issuance or delivery then to be made, such issuance or delivery shall be deferred until such withholding or deduction shall have been provided for by the Optionee or beneficiary, or other appropriate action shall have been taken.
Appears in 4 contracts
Samples: Non Qualified Stock Option Agreement (Summit Brokerage Services Inc / Fl), Non Qualified Stock Option Agreement (Summit Brokerage Services Inc / Fl), Non Qualified Stock Option Agreement (Summit Brokerage Services Inc / Fl)
Withholding or Deduction for Taxes. If at any time specified herein for the making of any issuance or delivery of any the Option or Shares Common Stock to the Optionee or any beneficiary, any law or regulation of any governmental authority having jurisdiction in the premises shall require the Company to withhold, or to make any deduction for, any taxes or take any other action in connection with the issuance or delivery then to be made, such issuance or delivery shall be deferred until such withholding or deduction shall have been provided for by the Optionee or beneficiary, or other appropriate action shall have been taken.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Applica Inc), Non Qualified Stock Option Agreement (Applica Inc)
Withholding or Deduction for Taxes. If at any time specified herein for the making of any issuance or delivery of any Option or Shares Common Stock to the Optionee or any beneficiaryExecutive, any law or regulation of any governmental authority having jurisdiction in the premises shall require the Company or any of its Subsidiaries to withhold, or to make any deduction for, any taxes or take any other action in connection with the issuance or delivery then to be made, such issuance or delivery shall be deferred until such withholding or deduction shall have been provided for by the Optionee or beneficiaryExecutive, or other appropriate action shall have been taken.
Appears in 1 contract
Samples: Management Stock Option Plan and Agreement (Penda Corp)
Withholding or Deduction for Taxes. If at any time specified herein ---------------------------------- for the making of any issuance or delivery of any Option or Shares Common Stock to the Optionee or any beneficiaryOptionee, any law or regulation of any governmental authority having jurisdiction in the premises shall require the Company to withhold, or to make any deduction for, any taxes or to take any other action in connection with the issuance or delivery then to be made, such the issuance or delivery shall be deferred until such the withholding or deduction shall have been provided for by the Optionee or beneficiary, or other appropriate action shall have been taken.
Appears in 1 contract
Samples: 2000 Stock Option Plan (Streicher Mobile Fueling Inc)
