Examples of Xxxxxx Common Stock in a sentence
The Company may refuse to issue or deliver any shares of Xxxxxx Common Stock to the Employee until the obligation for any Tax-Related Items due in connection with the Award has been satisfied.
Under no circumstances can the Company be required to withhold from the shares of Xxxxxx Common Stock that would otherwise be delivered to Employee upon settlement of the Award a number of shares having a total Fair Market Value that exceeds the amount of withholding taxes as determined by the Company at the time the Award vests.
Each Restricted Stock Unit represents the right to receive one share of Xxxxxx Common Stock (subject to adjustment pursuant to the Plan) in accordance with the terms and subject to the conditions (including the vesting conditions) set forth in this Agreement and the Plan.
Employee further acknowledges and agrees that the Company or Related Company and/or the Employer may, if it so determines, offset any Employer tax liabilities deemed applicable to Employee by reducing the shares of Xxxxxx Common Stock otherwise deliverable to Employee pursuant to this Agreement.
Xxxxxx desires to grant to Optionee the option to purchase the Xxxxxx Common Stock, and Optionee desires to obtain the option to purchase from Xxxxxx the Xxxxxx Common Stock, on the terms and subject to the conditions set forth in this Agreement.