Withholding Amounts definition
Examples of Withholding Amounts in a sentence
Notwithstanding the foregoing, the Company may, in its sole discretion, establish and amend policies from time to time for the satisfaction of Withholding Amounts by the deduction of a portion of the Holding Units or Money Market Shares under your Award.
The Company may refuse to deliver the Shares if Participant fails to comply with Participant’s obligations in connection with the Tax Withholding Amounts.
In addition, Participant shall pay the Company or the Subsidiary any amount of Tax Withholding Amounts that the Company or the Subsidiary may be required to withhold as a result of Participant’s participation in the Plan that cannot be satisfied by the means previously described.
The Company will deduct all applicable Tax Withholding Amounts from any payment made to Participant in cash hereunder.
Participant may elect to pay applicable Tax Withholding Amounts by check rather than by Share withholding as described above.
With respect to Tax Withholding Amounts, the Company has all of the rights specified in Section 5 of this Agreement and has no obligations to the Grantee except as expressly stated in Section 5 of this Agreement.
Notwithstanding the foregoing, the Company may, in its sole discretion, establish and amend policies from time to time for the satisfaction of Withholding Amounts by the deduction of a portion of the Units credited to you under the Plan.
To determine the allocation of the Residual Shares, the Stockholders' Representative shall add to the number of Residual Shares (x) the total number of Merger Consideration Escrow Shares transferred in respect of Withholding Amounts and (y) the Merger Consideration Escrow Shares transferred to Vault Holdings, LLC pursuant to subparagraph (c), and the resulting sum shall be multiplied by 15% ("Incentive Plan Allotment").
For any payment made to Participant in Shares hereunder, generally the Company will satisfy such tax obligations by withholding and cancelling a number of Shares having a market value sufficient to satisfy the Tax Withholding Amounts, provided that the amount to be withheld may not exceed the tax withholding obligations associated with the Award to the extent needed for the Company to treat the Award as an equity award for accounting purposes and to comply with applicable tax withholding laws.
The Parties will cooperate in completing and filing documents required under the provisions of any applicable tax laws in connection with the making of any required Withholding Amounts.