Withholding Tax Requirements. Shares of Stock deliverable to the grantee upon exercise, pursuant to the terms of the Plan and this Stock Option Agreement, shall be subject to income tax withholding as provided in Section 10 of the Plan. Subject to the Committee's consent (which shall not be unreasonably withheld), a grantee may elect to satisfy all or part of such requirements by delivery of unrestricted shares of Stock owned by the grantee as provided in Section 10.2 of the Plan.
Withholding Tax Requirements. Following such date on which shares covered by the Performance RSU Award shall have become Vested Stock pursuant to this Agreement, EDS shall have the right to withhold shares of stock on the Vesting Date to satisfy applicable tax withholding requirements as provided in the Plan.
Withholding Tax Requirements. If as a condition of delivery of shares of Common Stock upon the Optionee's exercise of an option granted hereunder the Committee determines that it is necessary or advisable to withhold an amount sufficient to satisfy any federal, state and other governmental withholding tax requirements related thereto, then the Optionee shall be required to satisfy all withholding tax requirements related to such option in accordance with Section 3.4 of the Plan. By entering into this Agreement, the Optionee hereby agrees that, if the Committee shall make such determination, then (a) the Optionee shall remit the full amount necessary to satisfy such withholding tax requirements within 15 days after his receipt of a statement for such amount from the Committee (unless and to the extent that the Committee permits the Optionee to use the method of payment described in Section 3.4(b) of the Plan), and (b) the Company shall be entitled to withhold the amount of any such tax requirements from any salary or other payments due to the Optionee, and to refuse to recognize such option exercise until full satisfaction of such withholding tax requirements. The Optionee further agrees and acknowledges that all other taxes, duties and fees related to such option exercise are for the Optionee's own account and must be paid directly by the Optionee.
Withholding Tax Requirements. No shares of Common Stock with respect to Vested RSUs subject to this Agreement shall be delivered to Employee until the minimum tax withholding obligations of the Company with respect to such Vested RSUs are satisfied or, in the opinion of the Company, adequate provision is made by the Employee to pay the minimum tax withholding obligations. If the Employee has made not adequate provision for payment of the minimum tax withholding obligations of the Company, the Company shall withhold shares of Common Stock at the time Common Stock is delivered (or otherwise becomes taxable) to the Employee to satisfy the minimum withholding amounts. Employee may, to the extent approved by the Company, provide for payment of the minimum tax withholding obligations by the sale of a portion of the shares of Common Stock deliverable to the Employee pursuant to this Agreement.
Withholding Tax Requirements. Following receipt of each notice of exercise of the Option, the Company shall deliver to Participant a notice specifying the amount that Participant is required to pay to satisfy applicable tax withholding requirements. Participant hereby agrees to either (i) deliver to the Company by the due date specified in such notice from the Company a check payable to the Company and equal to the amount set forth in such notice or (ii) make other appropriate arrangements acceptable to the Company to satisfy such tax withholding requirements.
Withholding Tax Requirements. Following such date on which shares covered by the Restricted Stock Unit shall have become Vested Stock pursuant to this Agreement, EDS shall deliver to Grantee a notice specifying such amounts as Grantee is required to pay to satisfy applicable tax withholding requirements. In the event that the Company does not exercise its right to withhold shares of stock at the time of vesting to cover such tax withholding requirements as provided in the Plan, Grantee hereby agrees that Grantee shall either: (i) deliver to EDS by the due date specified in such notice a check equal to the amount set forth in such notice or (ii) make other appropriate arrangements acceptable to EDS to satisfy such tax withholding requirements. Failure by Grantee to comply with the foregoing shall entitle EDS, in its sole discretion, to authorize the sale of a sufficient number of shares of Vested Stock owned by Grantee in order to satisfy such withholding requirements; provided however, that the Company shall not be liable for determining the exact amount of such taxes, for selling shares in excess of that required to satisfy such tax obligation, nor for obtaining the highest sales price for any such shares.
Withholding Tax Requirements. Following such date on which the Restricted Stock Units granted shall become Vested Stock pursuant to this Agreement, or upon such other event that requires tax withholding pursuant to this Agreement, EDS shall have the right to withhold shares of stock or take such other actions necessary to satisfy applicable tax withholding requirements as provided under the terms of the Plan.
Withholding Tax Requirements. To the extent that the grant, delivery, vesting, or exercise of this Option or the disposition of shares of Common Stock acquired by exercise of this Option, or any other occurrence, creates a withholding obligation in respect of tax or social security or a similar liability, Grantee shall deliver to the Company at the time of such grant, vesting, exercise, disposition, or occurrence such amount of money or shares of stock as the Company may require to meet its withholding obligation under applicable tax laws or regulations, and, if Grantee fails to do so, the Company is authorized to withhold from any cash or Common Stock or other remuneration then or thereafter payable to Grantee any tax or similar payment required to be withheld by reason of such obligation. The Company is further authorized in its discretion to satisfy any such withholding requirement out of any cash or shares of Common Stock distributable to Grantee at any time, including upon the exercise of this Option, or to take such other action as may be necessary in the opinion of the Company to satisfy all obligations for withholding of such taxes.
Withholding Tax Requirements. Any amounts required to be withheld for applicable taxes ("Required Withholding") with respect to the deferred stock units granted pursuant to this DSU Award (and with respect to the Dividend Equivalents credited thereon) will be satisfied by such means as EDS may require or permit in accordance with the terms of the Plan.
Withholding Tax Requirements. For purposes of tax withholding, the Company shall withhold shares of Common Stock at the time Common Stock is delivered (or otherwise becomes taxable) to the Employee, and shall pay only the statutory minimum withholding amounts to the applicable tax authorities in accordance therewith.
