Notices, Withholding, Reporting Clause Samples
Notices, Withholding, Reporting. (a) UWS shall promptly notify Newco of any post-Distribution Date event giving rise to income to any Newco Employees in connection with the UWS Common Stock Options and, if required by law, UWS shall withhold applicable Taxes and satisfy applicable Tax reporting obligations in connection therewith. UWS shall within ten days of demand thereof reimburse Newco for all reasonable out-of-pocket expenses incurred in connection with the UWS Common Stock Options, including with respect to incremental Tax reporting obligations and incremental employment Tax obligations; provided that Newco shall use reasonable efforts to collect any such amounts required to be paid by the Newco Employees from such Newco Employees.
(b) Newco shall promptly notify UWS of any post-Distribution Date event giving rise to income to any UWS Employees in connection with the Newco Common Stock Options and, if required by law, Newco shall withhold applicable Taxes and satisfy applicable Tax reporting obligations in connection therewith. Newco shall within ten days of demand thereof reimburse UWS for all reasonable out-of-pocket expenses incurred in connection with the Newco Common Stock Options, including with respect to incremental Tax reporting obligations and incremental employment Tax obligations; provided that UWS shall use reasonable efforts to collect any such amounts required to be paid by UWS Employees from such UWS Employees.
Notices, Withholding, Reporting. The party responsible for making the Compensation Payments pursuant to the Employee Matters Agreement shall withhold applicable Taxes and satisfy applicable Tax reporting obligations in connection with the Compensation Payments made to all Alpha Group Employees and Former Employees.
Notices, Withholding, Reporting. Dell Technologies shall promptly notify VMware of any event giving rise to income to any VMware Group employees or former employees in connection with exercises of Options to purchase shares of Dell Technologies stock or the lapse of any restrictions with respect to shares of Dell Technologies stock subject to a substantial risk of forfeiture (within the meaning of section 83 of the Code). If required by the Tax law, VMware shall withhold applicable Taxes and satisfy applicable Tax reporting obligations in connection therewith.
Notices, Withholding, Reporting. (i) Spectra Energy shall notify Duke Energy of any event after the Distribution Date giving rise to income to any current and former employees of Duke Energy (or any Duke Energy Affiliate) in connection with any Spectra Energy Stock Options, Spectra Energy restricted stock, Spectra Energy performance shares or Spectra Energy phantom stock units by 12:00 P.M. of the first business day after such event, and, subject to any obligations under the Employee Matters Agreement, Duke Energy shall remit applicable Taxes and satisfy applicable Tax reporting obligations in connection therewith if required by law.
(ii) Duke Energy shall notify Spectra Energy of any event after the Distribution Date giving rise to income to any current and former employees of Spectra Energy (or any Spectra Energy Affiliate) in connection with any Duke Energy Stock Options, Duke Energy restricted stock, Duke Energy performance shares or Duke Energy phantom stock units by 12:00 P.M. of the first business day after such event, and, subject to any obligations under the Employee Matters Agreement, Spectra Energy shall remit applicable Taxes and satisfy applicable Tax reporting obligations in connection therewith if required by law.
Notices, Withholding, Reporting. Southern shall promptly notify Southern Energy of any Post-Separation Date event giving rise to income to any Southern Energy Group employees or former employees in connection with exercises of options to purchase shares of Southern stock. If required by the Tax Law, Southern Energy shall withhold applicable Taxes and satisfy applicable Tax reporting obligations in connection therewith.
Notices, Withholding, Reporting. EMC shall promptly notify VMware of any post-IPO Date event giving rise to income to any VMware Group employees or former employees in connection with exercises of Options to purchase shares of EMC stock or the lapse of any restrictions with respect to shares of EMC stock subject to a substantial risk of forfeiture (within the meaning of section 83 of the Code). If required by the Tax law, VMware shall withhold applicable Taxes and satisfy applicable Tax reporting obligations in connection therewith.
Notices, Withholding, Reporting. Fortune shall withhold and remit to ACCO applicable Taxes and shall provide ACCO with the information necessary for ACCO to satisfy applicable Tax reporting obligations in connection with the Compensation Payments made to all ACCO Group Employees and Former Employees.
Notices, Withholding, Reporting. Fortune shall promptly notify ACCO of any post-Distribution Date event giving rise to income to any ACCO Group Employees and Former Employees in connection with Fortune Common Stock Options and, if required by law, ACCO shall withhold applicable Taxes and satisfy applicable Tax reporting obligations in connection therewith. Fortune shall within ten days of demand thereof reimburse ACCO for all reasonable out-of-pocket expenses incurred in connection with the Fortune Common Stock Options, including with respect to incremental Tax reporting obligations and any incremental employment Tax obligations; provided that ACCO shall use reasonable efforts to collect any such amounts required to be paid by ACCO Group Employees and Former Employees from such ACCO Group Employees and Former Employees.
Notices, Withholding, Reporting. FMC shall promptly notify Subsidiary of any event giving rise to income to any Subsidiary Group employees or former employees in connection with exercises of options to purchase shares of FMC stock, or the lapse of any restrictions with respect to shares of FMC stock or other property subject to a substantial risk of forfeiture (within the meaning of Section 83 of the Code). If required by law, Subsidiary shall withhold applicable Taxes and satisfy applicable Tax reporting obligations in connection therewith.
Notices, Withholding, Reporting. Hewlett-Packard shall promptly ------------------------------- notify Agilent of any post-Separation Date event giving rise to income to any Agilent Group employees or former employees in connection with exercises of 44 options to purchase shares of Hewlett-Packard stock, or the lapse of any restrictions with respect to shares of Hewlett-Packard stock or other property subject to a substantial risk of forfeiture (within the meaning of Section 83 of the Code). If required by the Tax Law, Agilent shall withhold applicable Taxes and satisfy applicable Tax reporting obligations in connection therewith.