Common use of Withholding Tax Requirements Clause in Contracts

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.