Tax Withholding Amount definition

Tax Withholding Amount means the amount, if any, which, upon the exercise of an Option or an election by a Participant under Section 83(b) of the Code, the Company or a Subsidiary may be required to withhold in order to obtain a federal and/or state income tax deduction, such amount which shall be paid to the Company by the Participant.

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Tax Withholding Amount means 15% of the “amount realized” as provided in Treasury Regulations Section 1.1445-1, which would include Closing Consideration (and any applicable assumed liabilities), any Post-Closing Adjustment or Earn-Out Payments, including pursuant to 2.4(f), as applicable, and any such other amounts as may be required to be deducted and withheld per applicable law. Kronos Partner shall timely and properly remit the applicable Tax Withholding Amounts to the IRS on Forms 8288 and 8288-A in accordance with Section 1445 of the Code and Treasury Regulations Section 1.1445-1(c), and any such other forms per other applicable laws. Except in connection with withholding pursuant to Section 1445 of the Code, ▇▇▇▇▇▇ Partner shall provide ▇▇▇▇▇▇▇ Partner, at least five (5) days prior to the date of the applicable payment, with written notice of any withholding it believes is applicable to amounts payable hereunder and shall cooperate with ▇▇▇▇▇▇▇ Partner to reduce or eliminate any such withholding. To the extent that amounts are so withheld and timely paid to the IRS in accordance with applicable law, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to Venator Partner.

Tax Withholding Amount means the withholding Taxes owed to any Tax Authority as a result of the transactions contemplated by this Agreement with respect to the cancellation of a Stock Option pursuant to a Stock Option Cancellation Agreement.

Examples of Tax Withholding Amount in a sentence

• Notice by the Company relating to the Tax Withholding Amount pursuant to Section 1.4 may be sent to the Grantee via e-mail.

• Notice by the Company relating to the Tax Withholding Amount may be sent to the Grantee via e-mail.

• The Company, to the extent permitted or required by law, shall have the right to deduct from any payment of any kind (including salary or bonus) otherwise due to you, the Tax Withholding Amount with respect to the Restricted Stock under this Grant Agreement.

• Any subsequent refund to the Executive of any taxes in respect of the Original Bonus will be immediately payable by Executive to Cognos upon receipt, up to the Tax Withholding Amount.

• In the case of a Qualifying Retirement, FICA taxes (e.g., social security and Medicare) are due on all vested but unsettled RSUs. With respect to the Deferred Cash, the Deferred Cash paid to the Grantee will be reduced by the Tax Withholding Amount.

More Definitions of Tax Withholding Amount

Tax Withholding Amount means an amount equal to the reasonably estimated amount of income or capital gains Tax, as the case may be, payable as a result of an Asset Disposition, taking into account any reduction in the amount of Taxes corresponding to the estimated effect of other income or losses, deductions and credits reasonably anticipated at such time.

Tax Withholding Amount as defined in Section 2.2(c). “Termination and Release” --as defined in Section 2.4.

Tax Withholding Amount means the withholding Taxes owed to any Tax Authority as a result of the transactions contemplated by this Agreement

Tax Withholding Amount shall have the meaning set forth in Section ------- 2.2(b)(iii). -----------

Tax Withholding Amount shall have the meaning set forth in Clause 11.3.

Tax Withholding Amount is the amount the Target is authorized to withhold under Section 6(a) of the US LTIP Agreement to satisfy applicable income, employment and similar tax withholding obligations with respect to the vesting of the US LTIP.

Tax Withholding Amount means an amount equal to the Employees' Tax which is required to be withheld by the Purchaser from the Restraint Consideration; and