Common use of WITHHOLDING TAXES CASH PAYMENT NOTIFICATION Clause in Contracts

WITHHOLDING TAXES CASH PAYMENT NOTIFICATION. This Withholding Taxes Cash Payment Notification is being delivered by the individual whose name appears on the signature line below (the “Grantee”) in reference to an OSO Award granted to the Grantee by Xxxxx 0 Communications, Inc. (the “Company”) pursuant to that certain OSO Master Award Agreement dated as of between the Company and the Grantee (the “Master Agreement”). Capitalized terms used in this Withholding Taxes Cash Payment Notification without definition have the meaning given to those terms in the Master Agreement. This Withholding Taxes Cash Payment Notification relates to the OSO Award granted to the Grantee pursuant to the Award Letter issued to the Grantee dated , the Settlement Date of which OSO Award is (the “Referenced OSO Award”). The Grantee hereby irrevocable elects to pay any Withholding Taxes that are owed by the Grantee upon the Settlement Date of the Referenced OSO Award in cash or by certified or cashier’s check made payable to Level 3 Communications, Inc. within one (1) Business Day of the Settlement Date of the Referenced OSO Award. All payments of Withholding Taxes are to be made to the Company’s OSO award administrator.* The Grantee hereby represents and warrants to the Company that on the date hereof, the Grantee is not in possession of material non-public information regarding the business or financial condition of the Company and its subsidiaries. To the extent that the Grantee is subject to the Company’s Xxxxxxx Xxxxxxx Policy’s restrictions on the ability to trade the Company’s securities other than during an open trading window, the Grantee expressly acknowledges that: (a) the Grantee has executed this Withholding Taxes Cash Payment Notification during an open trading window pursuant to the Company’s Xxxxxxx Xxxxxxx Policy; and (b) the Grantee may not sell any shares of Stock that are distributed to the Grantee upon the expiration of the Referenced OSO Award, so long as the trading window is closed. GRANTEE: (Please sign) Name: (Please print) Date of Hire: Date: * Delivery information with respect to the payment of Withholding Taxes must be obtained from the Company’s OSO administrator.

Appears in 1 contract

Samples: Oso Master Award Agreement (Level 3 Communications Inc)

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WITHHOLDING TAXES CASH PAYMENT NOTIFICATION. This Withholding Taxes Cash Payment Notification is being delivered by the individual whose name appears on the signature line below (the “GranteeEmployee”) in reference to an OSO Award granted of Deferred Shares made to the Grantee Employee by Xxxxx 0 Communications, Inc. (the “Company”) pursuant to that certain OSO Amended Master Award Deferred Issuance Agreement dated as of between the Company and the Grantee Employee (the “Master Agreement”). Capitalized terms used in this Withholding Taxes Cash Payment Notification without definition have the meaning given to those terms in the Master Agreement. This Withholding Taxes Cash Payment Notification relates to the OSO Award of Deferred Shares granted to the Grantee Employee pursuant to the Award Letter issued to the Grantee Employee dated , the Settlement Date of restrictions on which OSO Award is will lapse as to Deferred Shares on (the “Referenced OSO Award”). The Grantee Employee hereby irrevocable elects to pay any Withholding Taxes that are owed by the Grantee Employee upon the Settlement Issuance Date of the Referenced OSO Award in cash or by certified or cashier’s check made payable to Level 3 Communications, Inc. within one (1) Business Day of the Settlement Date of the Referenced OSO AwardIssuance Date. All payments of Withholding Taxes are to be made to the Company’s OSO stock award administrator.* The Grantee Employee hereby represents and warrants to the Company that on the date hereof, the Grantee Employee is not in possession of material non-public information regarding the business or financial condition of the Company and its subsidiaries. To the extent that the Grantee Employee is subject to the Company’s Xxxxxxx Xxxxxxx Policy’s restrictions on the ability to trade the Company’s securities other than during an open trading window, the Grantee Employee expressly acknowledges that: (a) the Grantee Employee has executed this Withholding Taxes Cash Payment Notification during an open trading window pursuant to the Company’s Xxxxxxx Xxxxxxx Policy; and (b) the Grantee Employee may not sell any shares of Stock that are distributed to the Grantee upon Employee on the expiration of the Referenced OSO Award, Issuance so long as the trading window is closed. GRANTEEEmployee: (Please sign) Name: (Please print) Date of Hire: Date: * Delivery information with respect to the payment of Withholding Taxes must be obtained from the Company’s OSO stock plan administrator.

Appears in 1 contract

Samples: Deferred Issuance Stock Agreement (Level 3 Communications Inc)

WITHHOLDING TAXES CASH PAYMENT NOTIFICATION. This Withholding Taxes Cash Payment Notification is being delivered by the individual whose name appears on the signature line below (the “Grantee”) in reference to an OSO Award granted to the Grantee by Xxxxx Lxxxx 0 Communications, Inc. (the “Company”) pursuant to that certain OSO Master Award Agreement dated as of between the Company and the Grantee (the “Master Agreement”). Capitalized terms used in this Withholding Taxes Cash Payment Notification without definition have the meaning given to those terms in the Master Agreement. This Withholding Taxes Cash Payment Notification relates to the OSO Award granted to the Grantee pursuant to the Award Letter issued to the Grantee dated , the Settlement Date of which OSO Award is (the “Referenced OSO Award”). The Grantee hereby irrevocable elects to pay any Withholding Taxes that are owed by the Grantee upon the Settlement Date of the Referenced OSO Award in cash or by certified or cashier’s check made payable to Level 3 Communications, Inc. within one (1) Business Day of the Settlement Date of the Referenced OSO Award. All payments of Withholding Taxes are to be made to the Company’s OSO award administrator.* The Grantee hereby represents and warrants to the Company that on the date hereof, the Grantee is not in possession of material non-public information regarding the business or financial condition of the Company and its subsidiaries. To the extent that the Grantee is subject to the Company’s Xxxxxxx Ixxxxxx Xxxxxxx Policy’s restrictions on the ability to trade the Company’s securities other than during an open trading window, the Grantee expressly acknowledges that: (a) the Grantee has executed this Withholding Taxes Cash Payment Notification during an open trading window pursuant to the Company’s Xxxxxxx Ixxxxxx Xxxxxxx Policy; and (b) the Grantee may not sell any shares of Stock that are distributed to the Grantee upon the expiration of the Referenced OSO Award, so long as the trading window is closed. GRANTEE: (Please sign) Name: (Please print) Date of Hire: Date: * Delivery information with respect to the payment of Withholding Taxes must be obtained from the Company’s OSO administrator.

Appears in 1 contract

Samples: Oso Master Award Agreement (Level 3 Communications Inc)

WITHHOLDING TAXES CASH PAYMENT NOTIFICATION. This Withholding Taxes Cash Payment Notification is being delivered by the individual whose name appears on the signature line below (the “GranteeEmployee”) in reference to an OSO Award granted of Deferred Shares made to the Grantee Employee by Xxxxx 0 Communications, Inc. (the “Company”) pursuant to that certain OSO Amended Master Award Deferred Issuance Agreement dated as of between the Company and the Grantee Employee (the “Master Agreement”). Capitalized terms used in this Withholding Taxes Cash Payment Notification without definition have the meaning given to those terms in the Master Agreement. This Withholding Taxes Cash Payment Notification relates to the OSO Award of Deferred Shares granted to the Grantee Employee pursuant to the Award Letter issued to the Grantee Employee dated , the Settlement Date of restrictions on which OSO Award is will lapse as to Deferred Shares on (the “Referenced OSO Award”). The Grantee Employee hereby irrevocable elects to pay any Withholding Taxes that are owed by the Grantee Employee upon the Settlement Issuance Date of the Referenced OSO Award in cash or by certified or cashier’s check made payable to Level 3 Communications, Inc. within one (1) Business Day of the Settlement Date of the Referenced OSO AwardIssuance Date. All payments of Withholding Taxes are to be made to the Company’s OSO stock award administrator.* * Delivery information with respect to the payment of Withholding Taxes must be obtained from the Company’s stock plan administrator. The Grantee Employee hereby represents and warrants to the Company that on the date hereof, the Grantee Employee is not in possession of material non-public information regarding the business or financial condition of the Company and its subsidiaries. To the extent that the Grantee Employee is subject to the Company’s Xxxxxxx Xxxxxxx Policy’s restrictions on the ability to trade the Company’s securities other than during an open trading window, the Grantee Employee expressly acknowledges that: (a) the Grantee Employee has executed this Withholding Taxes Cash Payment Notification during an open trading window pursuant to the Company’s Xxxxxxx Xxxxxxx Policy; and (b) the Grantee Employee may not sell any shares of Stock that are distributed to the Grantee upon Employee on the expiration of the Referenced OSO Award, Issuance so long as the trading window is closed. GRANTEEEmployee: (Please sign) Name: (Please print) Date of Hire: Date: * Delivery information with respect to the payment of Withholding Taxes must be obtained from the Company’s OSO administrator.:

Appears in 1 contract

Samples: Master Deferred Issuance Stock Agreement (Level 3 Communications Inc)

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WITHHOLDING TAXES CASH PAYMENT NOTIFICATION. This Withholding Taxes Cash Payment Notification is being delivered by the individual whose name appears on the signature line below (the “GranteeEmployee”) in reference to an OSO Award granted of Deferred Shares made to the Grantee Employee by Xxxxx Lxxxx 0 Communications, Inc. (the “Company”) pursuant to that certain OSO Amended Master Award Deferred Issuance Agreement dated as of between the Company and the Grantee Employee (the “Master Agreement”). Capitalized terms used in this Withholding Taxes Cash Payment Notification without definition have the meaning given to those terms in the Master Agreement. This Withholding Taxes Cash Payment Notification relates to the OSO Award of Deferred Shares granted to the Grantee Employee pursuant to the Award Letter issued to the Grantee Employee dated , the Settlement Date of restrictions on which OSO Award is will lapse as to Deferred Shares on (the “Referenced OSO Award”). The Grantee Employee hereby irrevocable elects to pay any Withholding Taxes that are owed by the Grantee Employee upon the Settlement Issuance Date of the Referenced OSO Award in cash or by certified or cashier’s check made payable to Level 3 Communications, Inc. within one (1) Business Day of the Settlement Date of the Referenced OSO AwardIssuance Date. All payments of Withholding Taxes are to be made to the Company’s OSO stock award administrator.* The Grantee Employee hereby represents and warrants to the Company that on the date hereof, the Grantee Employee is not in possession of material non-public information regarding the business or financial condition of the Company and its subsidiaries. To the extent that the Grantee Employee is subject to the Company’s Xxxxxxx Ixxxxxx Xxxxxxx Policy’s restrictions on the ability to trade the Company’s securities other than during an open trading window, the Grantee Employee expressly acknowledges that: (a) the Grantee Employee has executed this Withholding Taxes Cash Payment Notification during an open trading window pursuant to the Company’s Xxxxxxx Ixxxxxx Xxxxxxx Policy; and (b) the Grantee Employee may not sell any shares of Stock that are distributed to the Grantee upon Employee on the expiration of the Referenced OSO Award, Issuance so long as the trading window is closed. GRANTEEEmployee: (Please sign) Name: (Please print) Date of Hire: Date: * Delivery information with respect to the payment of Withholding Taxes must be obtained from the Company’s OSO stock plan administrator.

Appears in 1 contract

Samples: Issuance Stock Agreement (Level 3 Communications Inc)

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