Common use of Notices, Withholding, Reporting Clause in Contracts

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.

Appears in 5 contracts

Samples: Tax Sharing Agreement (Dell Technologies Inc), Tax Sharing Agreement (Vmware, Inc.), Tax Sharing Agreement (Dell Technologies Inc)

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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.

Appears in 3 contracts

Samples: Letter Agreement (Vmware, Inc.), Letter Agreement (Dell Technologies Inc.), Tax Matters Agreement (Vmware, Inc.)

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