Common use of Withholding Taxes; Section 83(b) Election Clause in Contracts

Withholding Taxes; Section 83(b) Election. (a) No Shares will be delivered pursuant to the vesting of an RSU unless and until the Participant satisfies any federal, state or local withholding tax obligation required by law to be withheld in respect of this award. The Participant acknowledges and agrees that to satisfy any such tax obligation, the Company may deduct and retain from the Shares to be distributed upon vesting of RSUs such number of Shares as is equal in value to the Company’s minimum statutory withholding obligations with respect to the income recognized by the Participant upon such vesting (based on minimum statutory withholding rates for federal and state tax purposes, including payroll taxes, that are applicable to such income), based on the closing price of the Company’s common stock on the date of vesting. (b) The Participant acknowledges that no election under Section 83(b) of the Internal Revenue Code of 1986 may be filed with respect to this award.

Withholding Taxes; Section 83(b) Election. (a) No Shares will be delivered pursuant to the vesting of an RSU unless and until the Participant satisfies pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding tax obligation taxes required by law to be withheld in respect of this awardoption. The Participant acknowledges and agrees that to To satisfy any such tax obligation, the Company may deduct and retain from the Shares to be distributed upon vesting of RSUs the Settlement Date such number of Shares as is equal in value to the Company’s minimum statutory withholding obligations with respect to the income recognized by the Participant upon such vesting the lapse of the forfeiture provisions (based on minimum statutory withholding rates for federal and state tax purposes, including payroll taxes, that are applicable to such income), based on and pay the closing price of required amounts to the Company’s common stock on the date of vestingrelevant taxing authorities. (b) The Participant acknowledges that no election under Section 83(b) of the Internal Revenue Code of 1986 may be filed with respect to this award.

Withholding Taxes; Section 83(b) Election. (a) No Shares will be delivered pursuant to the vesting of an RSU unless and until the Participant satisfies pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding tax obligation taxes required by law to be withheld in respect of this awardoption. The Participant acknowledges and agrees that to To satisfy any such tax obligation, the Company may shall (unless otherwise instructed by the Participant) deduct and retain from the Shares to be distributed upon vesting of RSUs the Settlement Date such number of Shares as is equal in value to the Company’s minimum statutory withholding obligations with respect to the income recognized by the Participant upon such vesting the lapse of the forfeiture provisions (based on minimum statutory withholding rates for federal and state tax purposes, including payroll taxes, that are applicable to such income), based on and pay the closing price of required amounts to the Company’s common stock on the date of vestingrelevant taxing authorities. (b) The Participant acknowledges that no election under Section 83(b) of the Internal Revenue Code of 1986 may be filed with respect to this award.

Withholding Taxes; Section 83(b) Election. (a) No Shares will be delivered pursuant to the vesting of an a Certified RSU unless and until the Participant satisfies any federal, state or local withholding tax obligation required by law to be withheld in respect of this award. The Participant acknowledges and agrees that to satisfy any such tax obligation, the Company may deduct and retain from the Shares to be distributed upon vesting of Certified RSUs such number of Shares as is equal in value to the Company’s minimum statutory withholding obligations with respect to the income recognized by the Participant upon such vesting (based on minimum statutory withholding rates for federal and state tax purposes, including payroll taxes, that are applicable to such income), based on the closing price of the Company’s common stock on the date of vesting. (b) The Participant acknowledges that no election under Section 83(b) of the Internal Revenue Code of 1986 may be filed with respect to this award.

Withholding Taxes; Section 83(b) Election. (a) No Shares will be delivered pursuant to the vesting of an RSU unless and until the Participant satisfies pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding tax obligation taxes required by law to be withheld in respect of this awardthe vesting of the RSU. The Participant acknowledges and agrees that to To satisfy any such tax obligation, the Company may deduct and retain from the Shares to be distributed upon vesting of RSUs the Settlement Date such number of Shares as is equal in value to the Company’s 's minimum statutory withholding obligations with respect to the income recognized by the Participant upon such vesting the lapse of the forfeiture provisions (based on minimum statutory withholding rates for federal and state tax purposes, including payroll taxes, that are applicable to such income), based on and pay the closing price of required amounts to the Company’s common stock on the date of vestingrelevant taxing authorities. (b) The Participant acknowledges that no election under Section 83(b) of the Internal Revenue Code of 1986 may be filed with respect to this award.