Common use of Payment of Withholding Taxes Clause in Contracts

Payment of Withholding Taxes. If the Company is obligated to withhold an amount on account of any tax imposed as a result of the exercise of the Stock Option, the Participant shall be required to pay such amount to the Company, as provided in the Plan. The Participant acknowledges and agrees that he is responsible for the tax consequences associated with the grant of the Stock Option and its exercise.

Appears in 13 contracts

Samples: Stock Option Agreement (Regency Affiliates Inc), Stock Option Agreement (Regency Affiliates Inc), Stock Option Agreement (Regency Affiliates Inc)

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Payment of Withholding Taxes. If the Company is obligated to withhold an amount on account of any tax imposed as a result of the exercise of the Stock Option, the Participant shall be required to pay such amount to the Company, as provided in the Plan. The Participant acknowledges and agrees that he or she is responsible for the tax consequences associated with the grant of the Stock Option and its exercise.

Appears in 13 contracts

Samples: Incentive Stock Option Agreement (KAYAK SOFTWARE Corp), Incentive Stock Option Agreement (Steakhouse Partners Inc), Company Incentive Stock Option Agreement (Reliance Steel & Aluminum Co)

Payment of Withholding Taxes. If the Company is obligated to withhold an amount on account of any tax imposed as a result of the exercise of the Stock Option, the Participant shall be required to pay such amount to the Company, as provided in the Plan. The Participant acknowledges and agrees that he is responsible for the tax consequences associated with the grant of the Stock Option and its exercise.

Appears in 11 contracts

Samples: Restricted Stock Agreement (Career Education Corp), Restricted Stock Agreement (Career Education Corp), Stock Option Agreement (Kensey Nash Corp)

Payment of Withholding Taxes. If the Company is obligated to withhold an amount on account of any tax imposed as a result of the exercise of the Stock Option, the Participant shall be required to pay such amount to the Company, as provided in the Plan. The Participant acknowledges and agrees that he is responsible for the tax consequences associated with the grant of the Stock Option and its exercise.

Appears in 4 contracts

Samples: Non Qualified Stock Option Agreement (Digital Entertainment Network Inc), Non Qualified Stock Option Agreement (Digital Entertainment Network Inc), Stock Option Agreement (Digital Entertainment Network Inc)

Payment of Withholding Taxes. If as a result of this Agreement or otherwise, the Company is obligated to withhold an amount on account of any tax imposed as a result of in connection with the exercise of the Stock an Option, the Participant shall be required to pay such amount to the Company, as provided in the Plan. The Participant acknowledges and agrees that he is responsible for the tax consequences associated with the grant of the Stock Option and its exercise.

Appears in 3 contracts

Samples: Option Grant Agreement (Otis Spunkmeyer Holdings Inc), Employee Option Grant Agreement (optionsXpress Holdings, Inc.), Stock Option Agreement (Platinum Technology Inc)

Payment of Withholding Taxes. If the Company or the Employer is obligated to withhold an amount on account of any tax imposed as a result of the exercise of the Stock Option, the Participant shall will be required to pay such amount to the Company, as provided in Company or the PlanEmployer prior to delivery of shares of Stock. The Participant acknowledges and agrees that he is responsible for the tax consequences associated with the grant Company will not be required to deliver shares of the Stock Option and its exerciseunless such withholding has been paid.

Appears in 2 contracts

Samples: Option Agreement (Vmware, Inc.), Option Agreement (Vmware, Inc.)

Payment of Withholding Taxes. If the Company is obligated to withhold an amount on account of any tax imposed as a result of the exercise of the Stock Option, the Participant shall be required to pay such amount to the CompanyCompany in cash or in Common Stock, as provided in the Plan. The Participant acknowledges and agrees that he is responsible for the tax consequences associated with the grant of the Stock Option and its exercise.

Appears in 1 contract

Samples: Stock Option Agreement (Advance Ross Corp)

Payment of Withholding Taxes. If the Company is obligated to withhold an amount on account of any tax imposed as a result of the exercise of the Stock Option, the Participant shall will be required to pay such amount to the Company, as provided in the Plan. The Participant acknowledges and agrees that he is responsible for the tax consequences associated with the grant of the Stock Option and its exercise.

Appears in 1 contract

Samples: Stock Option Agreement (Novamed Inc)

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Payment of Withholding Taxes. If the Company is obligated to withhold from payment to the Participant an amount on account of any tax imposed as a result of the exercise or other settlement of the Stock OptionOptions, the Participant shall be required to pay such amount to the Company, as provided in the Plan. The Participant acknowledges and agrees that he or she is solely responsible for the tax consequences associated with the grant of the Stock Option Options and its their exercise.

Appears in 1 contract

Samples: Stock Option Amendment (Jorgensen Earle M Co /De/)

Payment of Withholding Taxes. If the Company is obligated to withhold an amount on account of any tax imposed as a result of the exercise of the Stock Option, the Participant Recipient shall be required to pay such amount to the Company, as provided in the Plan. The Participant Recipient acknowledges and agrees that he or she is responsible for the tax consequences associated with the grant of the Stock Option and its exercise.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (International Stem Cell CORP)

Payment of Withholding Taxes. If the Company is obligated to withhold an amount on account of any tax imposed as a result of the exercise of the Stock Option, the Participant shall be required to pay such amount to the Company, as provided in the Plan. The Participant acknowledges and agrees that he the Participant is responsible for the tax consequences associated with the grant of the Stock Option and its exercise.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Divine Interventures Inc)

Payment of Withholding Taxes. If the Company is obligated to withhold an amount on account of any tax imposed as a result of the exercise of the Stock Option, the Participant Holder shall be required to pay such amount to the Company, as provided in shall be determined by the PlanCompany. The Participant Holder acknowledges and agrees that he or she is responsible for the tax consequences associated with the grant of the Stock Option and its exercise.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (SpectrumDNA, Inc.)

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