Common use of Mandatory Withholding for Taxes Clause in Contracts

Mandatory Withholding for Taxes. The Participant acknowledges and agrees that the Company shall deduct from the cash and/or shares of Common Stock otherwise payable or deliverable upon exercise of the Option an amount of cash and/or number of shares of Common Stock (valued at their Fair Market Value on the date of exercise) that is equal to the amount of all federal, state and local taxes required to be withheld by the Company upon such exercise, as determined by the Committee.

Appears in 8 contracts

Samples: Stock Option Award Agreement (Kraton Performance Polymers, Inc.), Corporation Nonqualified Option Award Agreement (Kraton Corp), Nonqualified Option Award Agreement (Kraton Corp)

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Mandatory Withholding for Taxes. The Participant acknowledges and agrees that the Company shall deduct from the cash and/or shares of Common Stock otherwise payable or deliverable upon exercise of the Option an amount of cash and/or a number of shares of Common Stock (valued at their Fair Market Value Value) on the applicable date of exercise) that is equal to the amount of all federal, state and local taxes required to be withheld by the Company upon such exerciseCompany, as determined by the Committee.

Appears in 7 contracts

Samples: Restricted Stock Award Agreement (Kraton Performance Polymers, Inc.), Restricted Stock Award Agreement (Kraton Corp), Restricted Stock Award Agreement (Kraton Performance Polymers, Inc.)

Mandatory Withholding for Taxes. The Participant acknowledges and agrees that the Company shall deduct from the cash and/or shares of Common Stock otherwise payable or deliverable upon exercise of the Option an amount of cash and/or a number of shares of Common Stock (valued at their Fair Market Value Value) on the applicable date of exercise) that is equal to the amount of all federal, state and local taxes required to be withheld by the Company upon such exerciseCompany, as determined by the Committee.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Kraton Performance Polymers, Inc.)

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Mandatory Withholding for Taxes. The Participant acknowledges and agrees that the Company shall deduct from the cash and/or shares of Common Stock otherwise payable or deliverable upon exercise of the Option an amount of cash and/or number of shares of Common Stock (valued at their Fair Market Value on the date of exercise) that is equal to the amount of all federal, state and local taxes required to be withheld by the Company upon such exercise, as determined by the Committee.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Preferred Voice Inc)

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