Withholding Obligations definition

Withholding Obligations means any federal, provincial, state or local law relating to withholding of tax or other required deductions, including the amount, if any, includable in the income of a Participant; and
Withholding Obligations shall have the meaning set forth in Section 13.12.
Withholding Obligations means the amount of federal, state and local income and payroll taxes the Corporation determines in good faith must be withheld with respect to a XXXX Payment. Withholding Obligations may be settled by the Participant, as permitted by the Committee in its discretion, in cash, previously owned shares of common stock of the Corporation or any combination of the foregoing.

Examples of Withholding Obligations in a sentence

  • The Participant may direct the Company to withhold from the shares of Common Stock that would otherwise be issued in respect of the Vesting Deferred Stock Units the smallest whole number of shares which, when multiplied by the Fair Market Value per share of the Common Stock, will be sufficient to satisfy the amount of such Withholding Obligations.


More Definitions of Withholding Obligations

Withholding Obligations has the meaning assigned in Section 11.03.
Withholding Obligations means the amount of federal, state and local income and payroll taxes if any the Company determines in good faith must be withheld with respect to the vesting of a Restricted Stock Award. Withholding Obligations may be settled by the Participant, as permitted by the Committee in its discretion, in shares of Common Stock, cash, previously owned shares of Stock or any combination of the foregoing.
Withholding Obligations has the meaning ascribed thereto in Section 2.10.
Withholding Obligations shall have the meaning set forth in Section 8.8.
Withholding Obligations shall have the meaning ascribed to such term in Section 6.20(a) hereof.
Withholding Obligations means the amount of federal, state and local income and payroll taxes the Corporation determines in good faith must be withheld with respect to a KEPP Payment. Withholding Obligations may be settled by the Participant, as permitted by the Committee in its discretion, in cash, previously owned shares of common stock of the Corporation or any combination of the foregoing.
Withholding Obligations shall have the meaning ascribed thereto in Section 6.3.