Common use of Purpose of Election Clause in Contracts

Purpose of Election. 2.1 This Election relates to the Employer's secondary Class 1 National Insurance Contributions (the “Employer's Liability”) which may arise on the occurrence of a “Taxable Event” which gives rise to relevant employment income within section 4(4)(a) and/or paragraph 3B(1A) of Schedule 1 of the Social Security Contributions and Benefits Xxx 0000 (“SSCBA”), including but not limited to:

Appears in 4 contracts

Samples: Restricted Stock Unit Grant Notice and Award Agreement (Synopsys Inc), Notice and Award Agreement (Synopsys Inc), Notice and Award Agreement (Synopsys Inc)

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Purpose of Election. 2.1 This Election relates to the Employer's ’s secondary Class 1 National Insurance Contributions (the “Employer's ’s Liability”) which may arise on the occurrence of a "Taxable Event” which gives rise " pursuant to relevant employment income within section 4(4)(a) and/or paragraph 3B(1A) of Schedule 1 of the Social Security Contributions and Benefits Xxx 0000 (“SSCBA”)Act 1992, including but not limited toincluding:

Appears in 3 contracts

Samples: PROCTER & GAMBLE Co, PROCTER & GAMBLE Co, PROCTER & GAMBLE Co

Purpose of Election. 2.1 This Election relates to the Employer's ’s secondary Class 1 National Insurance Contributions (the “Employer's ’s Liability”) which may arise on the occurrence of a “Taxable Event” which gives rise to relevant employment income within section 4(4)(a) and/or paragraph 3B(1A) of Schedule 1 of the Social Security Contributions and Benefits Xxx 0000 (“SSCBA”), including but not limited to:

Appears in 2 contracts

Samples: Restricted Stock Unit (Synopsys Inc), Restricted Stock Unit (Synopsys Inc)

Purpose of Election. 2.1 This Election relates to the Employer's employer’s secondary Class 1 National Insurance Contributions (the “Employer's ’s Liability”) which may arise on the occurrence of a “Taxable Event” which gives rise to constituting relevant employment income within under section 4(4)(a) and/or paragraph 3B(1A) of Schedule 1 of the Social Security Contributions and Benefits Xxx 0000 (“SSCBA”)in respect of RSUs and paragraph 3A(2B)(a) of Schedule 1 to that Act in respect of RS, including but not limited toincluding:

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement, Restricted Stock Unit Agreement (Sun Microsystems, Inc.)

Purpose of Election. 2.1 This Election relates to the Employer's ’s secondary Class 1 National Insurance Contributions national insurance contributions (the “Employer's ’s Liability”) which may arise on the occurrence of a "Taxable Event” which gives rise " pursuant to relevant employment income within section 4(4)(a) and/or or paragraph 3B(1A) of Schedule 1 of the Social Security Contributions and Benefits Xxx 0000 (“SSCBA”)Act 1992, including but not limited to:

Appears in 2 contracts

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

Purpose of Election. 2.1 This Election relates to the Employer's ’s secondary Class 1 National Insurance Contributions national insurance contributions (the “Employer's ’s Liability”) which may arise on the occurrence of a “Taxable Event” which gives rise pursuant to relevant employment income within section 4(4)(a) and/or or paragraph 3B(1A) of Schedule 1 of the Social Security Contributions and Benefits Xxx 0000 (“SSCBA”)Act 1992, including but not limited to:

Appears in 1 contract

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

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Purpose of Election. 2.1 This Election relates to the Employer's secondary Class 1 National Insurance Contributions national insurance contributions (the “Employer's Liability”) which may arise on the occurrence of a "Taxable Event” which gives rise " pursuant to relevant employment income within section 4(4)(a) and/or or paragraph 3B(1A) of Schedule 1 of the Social Security Contributions and Benefits Xxx 0000 (“SSCBA”)Act 1992, including but not limited to:

Appears in 1 contract

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

Purpose of Election. 2.1 This Election relates to the Employer's employer’s secondary Class 1 National Insurance Contributions (the “Employer's ’s Liability”) which may arise on the occurrence of a “Taxable Chargeable Event” which gives rise pursuant to relevant employment income within section 4(4)(a) and/or paragraph 3B(1A) of Schedule 1 of the Social Security Contributions and Benefits Xxx 0000 (“SSCBA”), including but not limited toincluding:

Appears in 1 contract

Samples: Phase Forward Incorporated Restricted Stock Unit Award Agreement (Phase Forward Inc)

Purpose of Election. 2.1 This Election relates to the Employer's ’s secondary Class 1 National Insurance Contributions (the “Employer's ’s Liability”) which may arise on the occurrence of a “Taxable Event” which gives rise pursuant to relevant employment income within section 4(4)(a) and/or paragraph 3B(1A) of Schedule 1 of the Social Security Contributions and Benefits Xxx 0000 (“SSCBA”)0000, including but not limited toincluding:

Appears in 1 contract

Samples: And Inventions Agreement

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