Withholding Account definition

Withholding Account means a bookkeeping record of all amounts withheld during an Exercise Period for a specific Eligible Employee, which are available for the exercise of an Option granted hereunder. Specific segregation of funds is not required.
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Examples of Withholding Account in a sentence

  • Within thirty (30) days after applying a Credit, EdCare shall provide the District with written notice of the amount of the Credit applied against the Withholding Account and any other withdrawal expenses.

  • An IRS Withholding Account shall be established in which the amounts withheld are from the amounts won, and deposits from prize pool revenues shall be deposited according to prize payout, as determined by the weekly Prize Pool Revenue Distribution Report.

  • The following items should be confirmed when transferred year over year:  Business Name  FEIN  Kentucky Withholding Account Number This section identifies information Kentucky Department of Revenue is requiring the software providers to communicate with customers.

  • The funds deposited in the IRS Withholding Account shall be paid to the IRS as required, and winners in whose name the amounts were withheld shall be identified by NIL to the IRS in accordance with the database of social security numbers maintained as provided in Article 6.14.

Related to Withholding Account

  • Holding Account means an account:

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Payroll Deduction Account means the bookkeeping account established for a Participant in accordance with Section 6.

  • Regular account means the account established for each active and inactive member un-

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.