Tax Date definition

Tax Date means the date any withholding tax obligation arises under the Code for a Participant with respect to an Incentive Award.

Tax Date means the date the withholding tax obligation arises with respect to an Award.

Tax Date means the date an Optionee is required to pay the Company an amount with respect to tax withholding obligations in connection with the exercise of an option.

Examples of Tax Date in a sentence

• In the event an election to have Shares withheld is made by a Participant and the Tax Date is deferred under Section 83 of the Code because no election is filed under Section 83(b) of the Code, the Participant shall receive the full number of Shares with respect to which the Option or Stock Purchase Right is exercised but such Participant shall be unconditionally obligated to tender back to the Company the proper number of Shares on the Tax Date.

• For purposes of satisfying a Participant’s withholding or employment-related tax obligation, shares of Common Stock withheld by the Company or Previously Acquired Shares tendered or covered by an attestation will be valued at their Fair Market Value on the Tax Date.

• For this purpose, the fair market value of the Shares to be withheld shall be determined on the date that the amount of tax to be withheld is to be determined (the "Tax Date").

• Any election by a Participant under Section 12(d) above must be made on or prior to the applicable Tax Date.

• If permitted by the Administrator, in its discretion, a Participant may satisfy his or her tax withholding obligations upon exercise of an Option or Stock Purchase Right by surrendering to the Company Shares that have a Fair Market Value determined as of the applicable Tax Date equal to the amount required to be withheld.

More Definitions of Tax Date

Tax Date means the date any withholding tax obligation arises under the Code or other applicable tax statute for a Participant with respect to an Incentive Award.

Tax Date means the date defined in Section 7(c).

Tax Date means the date any withholding or employment related tax obligation arises under the Code or any Applicable Law for a Participant with respect to an Award.

Tax Date means the date on which the amount of tax to be withheld is determined.

Tax Date means the date as of which the amount of the withholding tax payment with respect to the exercise of a Nonqualified Option is calculated.

Tax Date means the date on which the Participant must include in his or her gross income for federal income tax purposes the fair market value of the Restricted Stock over the purchase price therefor, if any.

Tax Date means the date upon which the withholding tax obligation is determined pursuant to Section 12(b) herein.