Common use of Payment of Withholding Taxes Clause in Contracts

Payment of Withholding Taxes. If the Company becomes obligated to withhold an amount on account of any tax imposed as a result of the exercise of the Option, including, without limitation, any federal, state, local or other income tax, or any F.I.C.A., state disability insurance tax or other employment tax, then Participant shall, on the first day upon which the Company becomes obligated to pay such amount to the appropriate taxing authority, pay such amount to the Company in cash or by check payable to the Company.

Payment of Withholding Taxes. If the Company becomes obligated to withhold an amount on account of any tax imposed as a result of the exercise of the Option, including, without limitation, any federal, state, local or other income tax, or any F.I.C.A., state disability insurance tax or other employment tax, then Participant Employee shall, on the first day upon which the Company becomes obligated to pay such amount to the appropriate taxing authority, pay such amount to the Company in cash or by check payable to the Company.

Payment of Withholding Taxes. If the Company becomes obligated to withhold an amount on account of any tax imposed as a result of the exercise of the Option, including, without limitation, any federal, state, local or other income tax, or any F.I.C.A., state disability insurance tax or other employment tax, then Participant shallthen, on the first day upon which the Company becomes obligated to pay such amount as a condition to the appropriate taxing authorityexercise of the Option, Optionee shall concurrently with the payment of the Aggregate Price, pay such amount to the Company in cash or by check payable wire transfer such amount as the Company shall determine is required to the Company.be withheld;

Payment of Withholding Taxes. If the Company becomes is obligated to withhold an amount on account of any Federal, state or local tax imposed as a result of the exercise of the Option, including, without limitation, any federalFederal, state, local state or other income tax, or any F.I.C.A., F.I.C.A. state disability insurance tax or other employment tax, then Participant shall, on the first day upon which the Company becomes obligated to pay Optionee shall concurrently with such amount to the appropriate taxing authorityexercise, pay such amount to the Company company in cash or by cashier's or certified bank check payable to the Company.