Withholding Taxes; Section 83(b) Election. (a) The Executive acknowledges and agrees that the Company has the right to deduct from payments of any kind otherwise due to the Executive any federal, state or local taxes of any kind required by law to be withheld with respect to the issuance of the Shares by the Company.
Appears in 5 contracts
Samples: Restricted Stock Agreement (New Horizons Worldwide Inc), Restricted Stock Agreement (New Horizons Worldwide Inc), Restricted Stock Agreement (New Horizons Worldwide Inc)
Withholding Taxes; Section 83(b) Election. (a) The Executive acknowledges and agrees that the Company has the right to deduct from payments of any kind otherwise due to the Executive any federal, state or local taxes of any kind required by law to be withheld with respect to the issuance lapse or partial lapse of the Shares by the Companyrisk of forfeiture.
Appears in 2 contracts
Samples: Restricted Stock Agreement (Cmgi Inc), Inducement Award (Cmgi Inc)
