Common use of Withholding and Deductions Clause in Contracts

Withholding and Deductions. The Bank shall withhold and/or deduct from any and all salary or other payments to Executive, all taxes which may be required to be deducted or withheld under any provision of law (including, but not limited to, social security payments and income tax withholding) now in effect or which may become effective any time during Executive’s employment with the Bank.

Withholding and Deductions. The Bank shall withhold and/or deduct from any and all salary or other payments to Executivepayments, all taxes which may be required to be deducted or withheld under any provision of law (including, but not limited to, social security payments and income tax withholding) now in effect or which may become effective any time during Executive’s employment with the Bankterm of this Agreement.