Option Withholding definition

Option Withholding means the total amount of income tax withholding required with respect to Options.
Option Withholding means any withholding Taxes that the Company or any Company Subsidiary is required to withhold and remit to a Governmental Authority in connection with the cancellation of the Non-Seller Option Holders’ Options pursuant to the Option Cancellation Agreements.

Examples of Option Withholding in a sentence

  • Subscriber is entitled to receive the Company Stock Option Consideration pursuant to Section 2.2(c)(i) of the Merger Agreement, net of applicable Taxes required to be withheld with respect to such amount (the “Stock Option Withholding Taxes”).

  • The term "Option Value" means, with respect to each Option, an amount equal to the product of (a)(x) the Per Share Amount, minus (y) the per share Exercise Price of such Option, multiplied by (b) the number of shares (or fractions thereof) of Converted Stock represented by such Option; provided, however, that the payment with respect to each Option shall be reduced by the amount of Option Withholding attributable to each such Option.

  • You further acknowledge that you have read and specifically and expressly approve the following provisions of the Option Terms: Exercise of Option, Withholding Taxes, Termination of Continuous Status as an Employee or Consultant, Term of Option, No Rights to Continued Employment or Service, Nature of Grant, Governing Law and Venue; Language; Appendix; Imposition of Other Requirements, and the Data Privacy Notice in this Appendix for Italy.

  • The Committee may give no effect to any Option Withholding Election.

  • The Letter of Transmittal for each Holder who acquired shares of Company Common Stock pursuant to the exercise of an Option (whether pursuant to such offer or otherwise, at any time) shall provide that all amounts payable to the Company under Option Notes shall be paid and withheld by Parent (together with any other amounts required to be withheld by applicable law upon such exercise ("Option Withholding Amount")) from the Merger Consideration otherwise payable to such Holder on the Closing Date.

  • The Purchaser shall pay to the Company at the Closing cash in an amount equal to the aggregate Option Withholding Tax with respect to the Option Exercise by all Optionholders, and the Company shall (and after the Closing the Purchaser shall cause the Company to) timely pay such amount to the applicable taxing authorities.

  • A Stockholder's or Option holder's "Pro Rata Portion" shall be equal to the quotient obtained by dividing (x) the sum of the amount payable to such Stockholder pursuant to Section 2.5.2(a) of this Agreement plus the amount payable to such Option holder pursuant to Section 2.5.2(b) of this Agreement (which amount shall include the amount of any Option Withholding attributable to such Option) by (y) the Aggregate Payment Amount.

  • THE FIVE-NUMBER SUMMARY The five-number summary of a data set consists of the smallest observa- tion, the first quartile, the median, the third quartile, and the largest obser- vation, written in order from smallest to largest.In symbols, the five-number summary is These five numbers offer a reasonably complete description of center and spread.

  • If you want your own lawyer to appear and speak at the hearing on your behalf, you must also state in your written objections or comments that you intend to have your lawyer appear and speak for you, and list the name, address, and telephone number of your lawyer.

  • Without limiting the generality of the foregoing, Buyer shall procure that the Company shall account for and pay the Option Withholding Amounts to the relevant Tax authorities and other relevant entities for the benefit and on behalf of the relevant Sellers, in each case as soon as practicable following the payment of the Subsequent Closing Purchase Price and at the latest within the applicable statutory time limits for such payments.

Related to Option Withholding

  • Withholding means the retention of aid payments.

  • Tax Withholdings means tax, social insurance and social security liability or premium obligations in connection with the awards under the Plan, including without limitation: (a) all federal, state, and local income, employment and any other taxes (including the Participant’s U.S. Federal Insurance Contributions Act (FICA) obligation) that are required to be withheld by the Company Group, (b) the Participant’s and, to the extent required by the Company Group, the fringe benefit tax liability of the Company Group associated with an award under the Plan, and (c) any other taxes or social insurance or social security liabilities or premium the responsibility for which the Participant has, or has agreed to bear, with respect to such award under the Plan.

  • Applicable Withholding Taxes means the minimum aggregate amount of federal, state and local income and payroll taxes that the Company is required by applicable law to withhold in connection with any Incentive Award.

  • FATCA Withholding means any withholding or deduction required pursuant to an agreement described in section 1471(b) of the Code, or otherwise imposed pursuant to sections 1471 through 1474 of the Code, any regulations or agreements thereunder, any official interpretations thereof, or any law implementing an intergovernmental approach thereto.

  • Income-withholding order means an order or other legal

  • Withholding Taxes means any taxes, including, but not limited to, social security and Medicare taxes and federal, state and local income taxes, required to be withheld under any applicable law.

  • Withholding Agent means any Loan Party and the Administrative Agent.

  • Withholding Tax means any tax, deduction, levy or similar payment obligation that is required to be deducted or withheld from a payment under Applicable Law.

  • Required Withholding Amount has the meaning specified in Section 5 of this Agreement.

  • Unpaid withholding tax means withholding tax due but not paid by the date the withholding tax is required to be paid under applicable law.

  • FATCA Withholding Tax means any U.S. federal withholding tax imposed or collected pursuant to Sections 1471 through 1474 of the Code, any current or future regulations or official interpretations thereof, any agreement entered into pursuant to Section 1471(b) of the Code, or any fiscal or regulatory legislation, rules or practices adopted pursuant to any intergovernmental agreement entered into in connection with the implementation of such Sections of the Code.

  • Excluded Withholding Taxes means (i) withholding Taxes imposed by the United States except to the extent that such United States withholding Taxes are imposed or increased as a result of any change in applicable law (excluding from change in applicable law for this purpose a change in an applicable treaty or other change in law affecting the applicability of a treaty) after the date hereof, or in the case of a successor Liquidity Provider (including a transferee of an Advance) or Facility Office, after the date on which such successor Liquidity Provider obtains its interest or on which the Facility Office is changed, (ii) any withholding Taxes imposed by the United States which are imposed or increased as a result of the Liquidity Provider failing to deliver to the Borrower any certificate or document (which certificate or document in the good faith judgment of the Liquidity Provider it is legally entitled to provide) which is reasonably requested by the Borrower to establish that payments under this Agreement are exempt from (or entitled to a reduced rate of) withholding Tax and (iii) Taxes imposed under Sections 1471 through 1474 of the Internal Revenue Code of 1986, as amended.

  • Swiss Withholding Tax Act means the Swiss Federal Act on Withholding Tax of 13 October 1965 (Bundesgesetz über die Verrechnungssteuer), together with the related ordinances, regulations and guidelines, all as amended and applicable from time to time.

  • Swiss Withholding Tax means any withholding tax in accordance with the Swiss Federal Statute on Anticipatory Tax of 13 October 1965 (Bundesgesetz uber die Verrechnungssteuer) and any successor provision, as appropriate.

  • Option Exercise Price means the price at which a share of Common Stock may be purchased upon the exercise of an Option.

  • FICA means the Financial Intelligence Centre Act No. 38 of 2001, as amended;

  • U.S. Source Withholdable Payment means any payment of interest (including any original issue discount), dividends, rents, salaries, wages, premiums, annuities, compensations, remunerations, emoluments, and other fixed or determinable annual or periodical gains, profits, and income, if such payment is from sources within the United States. Notwithstanding the foregoing, a U.S. Source Withholdable Payment does not include any payment that is not treated as a withholdable payment in relevant U.S. Treasury Regulations.

  • New jobs credit from withholding means the credit as provided in Iowa Code section 260E.5.

  • Exercise Payment means the amount of money equal to the Exercise Price multiplied by the number of Optioned Shares specified in the Notice of Exercise;

  • Option Price means the price at which a Share may be purchased by a Participant pursuant to an Option.

  • Option Exercise Date has the meaning specified in Section 2.1.

  • Nonqualifying Income means any amount that is treated as gross income for purposes of Section 856 of the Code and which is not Qualifying Income.

  • Exercise Price means the initial exercise price or the adjusted exercise price, depending on the context.

  • Grant Price means the price established at the time of grant of a SAR pursuant to Article 7, used to determine whether there is any payment due upon exercise of the SAR.

  • Nonqualified withdrawal means a withdrawal from an account that is not:

  • Deductions means any deductions which the Employment Business may be required by law to make and in particular in respect of PAYE pursuant to Sections 44-47 of the Income Tax (Earnings and Pensions) Act 2003 and Class 1 National Insurance Contributions;