Withholding Requirement. Upon the removal or lapse of the restrictions on the Units, the amount of shares of Common Stock to be distributed by the Company to the Grantee, which are equal to the number of Units finally determined to be earned by the Grantee as set forth in Sections 3 and Section 6 above, shall be subject to applicable withholding requirements for income and employment taxes arising from the removal or lapse of the restrictions on the Units.
Appears in 3 contracts
Samples: Award Agreement of Performance Based Restricted Stock Units (Atmos Energy Corp), Award Agreement of Performance Based Restricted Stock Units (Atmos Energy Corp), Award Agreement of Performance Based Restricted Stock Units (Atmos Energy Corp)
Withholding Requirement. Upon the removal or lapse of the restrictions on the Units, the amount of shares of Common Comon Stock to be distributed by the Company to the Grantee, which are equal to the number of Units finally determined to be earned by the Grantee as set forth in Sections 3 and Section 6 above, shall be subject to applicable withholding requirements for income and employment taxes arising from the removal or lapse of the restrictions on the Units.
Appears in 1 contract
Samples: Award Agreement of Performance Based Restricted Stock Units (Atmos Energy Corp)
