Withholding Liability definition

Withholding Liability means the liability of the Company and/or any Group Company to account for any Tax Charge in connection with the exercise of a Qualifying Option.
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Withholding Liability means the liability of the Company or any Group member to account for any Tax Charge in relation to an Option howsoever arising, but including on its grant or exercise. 1.2 This Part II is part of the Scheme and incorporated therein by reference. Each Qualifying Option shall comply with the provisions of this Part II and with all other provisions of Part I not inconsistent with this Part II. Any capitalized term not defined in this Part II shall have the meaning set forth in Part I.
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Withholding Liability means the liability of the Company, its Parent or any Subsidiary or any other Group Company to account for any Tax Charge in relation to an Option. 3. GRANT OF UK QUALIFYING OPTIONS The Committee may grant Options as UK Qualifying Options pursuant to the UK Addendum if the following additional conditions are satisfied namely:
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Examples of Withholding Liability in a sentence

  • As a condition to the issuance of the shares of Stock upon full or partial exercise of a Non-Qualified Option, the Optionee will pay to the Company in cash, or in such other form as the Committee may determine in its discretion, the amount of the Company’s Tax Withholding Liability required in connection with such exercise.

  • Payment of the Exercise Price and Tax Withholding Liability shall be made by check or bank draft payable to the order of the Company or by wire transfer to the account of the Company.

  • To the extent required by applicable federal, state, local or foreign law, and as a condition to the Company's obligation to issue any Shares upon the exercise of the Option in full or in part, the Optionee will make arrangements satisfactory to the Company for the payment of any applicable Tax Withholding Liability that may arise by reason of or in connection with such exercise.

  • The shares so purchased shall be deemed to be issued as of the close of business on the date on which the Company shall have received from the Holder payment in full of the Exercise Price and Tax Withholding Liability and the other documents referred to herein (the "Exercise Date").

  • After receiving a proper notice of exercise and payment of the applicable Option Price and Tax Withholding Liability, the Company will cause to be issued a certificate or certificates for the Option Shares as to which the Option has been exercised, registered in the name of the person rightfully exercising the Option and the Company will cause such certificate or certificates to be delivered to such person.

  • Within ten (10) business days of the SAR Exercise Date applicable to a SAR exercised in accordance with Section 6.4(a), the SAR Recipient shall be paid in cash the difference between the Base Value of such SAR (as adjusted, if applicable under Section 6.2(c), as of the most recently preceding quarterly period) and the Fair Market Value of the Common Stock as of the SAR Exercise Date, as such difference is reduced by the Company’s Tax Withholding Liability arising from such exercise.

  • The number of shares of Stock to be distributed to any individual Unit Recipient may be reduced by the number of shares of Stock, the Fair Market Value of which on the Distribution Date is equivalent to the cash necessary to pay any Tax Withholding Liability, where the cash to be distributed is not sufficient to pay such Tax Withholding Liability, or the Unit Recipient may deliver to the Company cash sufficient to pay such Tax Withholding Liability.

  • The Company shall have the right to deduct from any distribution or payment in cash under this Article V, and the Unit Recipient or other person receiving shares of Stock under this Article V shall be required to pay to the Company any Tax Withholding Liability.

  • Employee hereby consents to the Company withholding the full amount of the Withholding Liability from any compensation or other amounts otherwise payable to Employee if Employee does not pay the Withholding Liability to the Company on the date of exercise of the Option, and Employee agrees that the withholding and payment of any such amount by the Company to the relevant taxing authority shall constitute full satisfaction of the Company's obligation to pay such compensation or other amounts to Employee.

  • Such arrangements may include, in the Company's sole discretion, that the Optionee tender to the Company the amount of such Tax Withholding Liability, in cash, by check made payable to the Company, or in the form of such other payment as may be approved by the Administrator, in its discretion pursuant to section 5(c)(vi) above.


More Definitions of Withholding Liability

Withholding Liability means the liability or potential liability of the Company or any employer or former employer of the Grantee to account for any Tax in relation to an Award howsoever arising, including on its vesting, release, cancellation, assignment or other disposal (whether in whole or in part) or on any subsequent event giving rise to an amount that counts as employment income for the purposes of the UK Income Tax (Earnings and Pensions) Act 2003.
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Withholding Liability has the meaning given in Section 7.11(d).
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Withholding Liability. [Section intentionally deleted.]
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Withholding Liability means the liability of the Company or any Affiliate to account for any Tax Charge in relation to an Option.
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Withholding Liability means the liability of the Company or any Group Company to account for any Tax Charge in relation to an Option howsoever arising, but including on its grant or exercise.
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Related to Withholding Liability

  • 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.

  • FATCA Withholding Tax means any required withholding or deduction of tax pursuant to FATCA.

  • Withholding Agent means the Borrower and the Administrative Agent.

  • Income-withholding order means an order or other legal

  • Indemnified Taxes means Taxes other than Excluded Taxes.

  • 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.

  • Connection Income Taxes means Other Connection Taxes that are imposed on or measured by net income (however denominated) or that are franchise Taxes or branch profits Taxes.

  • Income Taxes means any Tax which is based upon, measured by, or calculated with respect to (i) net income or profits (including, but not limited to, any capital gains, gross receipts, value added or minimum Tax) or (ii) multiple bases (including, but not limited to, corporate franchise, doing business or occupation Taxes) if one or more of the bases upon which such Tax may be based, by which it may be measured, or with respect to which it may be calculated is described in clause (i) of this sentence.