Common use of Payment of the Employer’s Liability Clause in Contracts

Payment of the Employer’s Liability. 4.1 Notwithstanding that pursuant to this Election, the Employer’s Liability is transferred to the Employee, the Employee authorises the Employer and the Employer agrees, to remit the Employer’s Liability to Her Majesty’s Revenue and Customs (“HMRC”) on behalf of the Employee within 14 days following the end of the UK Income Tax month during which the Taxable Event occurs, or within 17 days following the end of the UK Income Tax month during which the Taxable Event occurs, if submitted electronically. The Employee agrees to pay to the Employer the Employer’s Liability on demand at any time on or after the Taxable Event.

Appears in 3 contracts

Samples: www.sec.gov, Restricted Stock Unit Award Agreement (Itron Inc /Wa/), Restricted Stock Unit Award Agreement (Itron Inc /Wa/)

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Payment of the Employer’s Liability. 4.1 Notwithstanding that pursuant to this Election, the Employer’s 's Liability is transferred to the Employee, the Employee authorises the Employer and the Employer agrees, to remit the Employer’s 's Liability to Her Majesty’s 's Revenue and Customs (“HMRC”) on behalf of the Employee within 14 days following the end of the UK Income Tax month during which the Taxable Event occurs, or within 17 days following the end of the UK Income Tax month during which the Taxable Event occurs, if submitted electronically. The Employee agrees to pay to the Employer the Employer’s 's Liability on demand at any time on or after the Taxable Event.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Itron Inc /Wa/)

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