Common use of Tax Liability and Withholding Clause in Contracts

Tax Liability and Withholding. The Employee shall be required to pay to the Company, and the Company shall have the right to deduct from the shares of Stock to be issued upon the vesting of the Restricted Stock Units, the amount of any required withholding taxes in respect of the shares of Stock to be issued upon the vesting of the Restricted Stock Units and to take all such other action as the Company deems necessary to satisfy all obligations for the payment of such withholding taxes.

Appears in 14 contracts

Samples: Restricted Stock Unit Award (Pfsweb Inc), Restricted Stock Unit Award Agreement (Pfsweb Inc), Restricted Stock Unit Award (Pfsweb Inc)

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Tax Liability and Withholding. The Employee shall be required to pay to the Company, and the Company shall have the right to deduct from the shares of Stock to be issued upon the vesting of the Restricted Stock UnitsPerformance Based Share Award, the amount of any required withholding taxes in respect of the shares of Stock to be issued upon the vesting of the Restricted Stock Units Performance Based Share Award and to take all such other action as the Company deems necessary to satisfy all obligations for the payment of such withholding taxes.

Appears in 2 contracts

Samples: Performance Based Share Award (Pfsweb Inc), Pfsweb Inc

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Tax Liability and Withholding. The Employee Executive shall be required to pay to the Company, and the Company shall have the right to deduct from the shares of Stock to be issued upon the vesting of the Restricted Stock Units, the amount of any required withholding taxes in respect of the shares of Stock to be issued upon the vesting of the Restricted Stock Units and to take all such other action as the Company deems necessary to satisfy all obligations for the payment of such withholding taxes.

Appears in 1 contract

Samples: Restricted Stock Unit Award (Pfsweb Inc)

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