Common use of Tax Representations and Tax Withholding Clause in Contracts

Tax Representations and Tax Withholding. You hereby acknowledge that you have reviewed with your own tax advisors the federal, state and local tax consequences of exercising the Options and receiving shares of Class A Common Stock and cash. You hereby represent to the MSG Group and the Cablevision Group that you are relying solely on such advisors and not on any statements or representations of the Company, Cablevision or any of their respective Affiliates or agents. If, in connection with the exercise of the Options, your Employer is required to withhold any amounts by reason of any federal, state or local tax, such withholding shall be effected in accordance with Section 16 of the Plan.

Appears in 6 contracts

Samples: Option Agreement (Madison Square Garden, Inc.), Option Agreement (Madison Square Garden, Inc.), Option Agreement (Madison Square Garden, Inc.)

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Tax Representations and Tax Withholding. You hereby acknowledge that you have reviewed with your own tax advisors the federal, state and local tax consequences of exercising the Options and receiving shares of Class A Common Stock and cash. You hereby represent to the MSG Group and the Cablevision Group that you are relying solely on such advisors and not on any statements or representations of the Company, Cablevision its Affiliates or any of their respective Affiliates or agents. If, in connection with the exercise of the Options, your Employer is required to withhold any amounts by reason of any federal, state or local tax, such withholding shall be effected in accordance with Section 16 of the Plan.

Appears in 2 contracts

Samples: Option Agreement (Madison Square Garden, Inc.), Option Agreement (Madison Square Garden, Inc.)

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Tax Representations and Tax Withholding. You hereby acknowledge that you have reviewed with your own tax advisors the federal, state and local tax consequences of exercising the Options and receiving shares of Class A Common Stock and cash. You hereby represent to the AMC Group, MSG Group and the Cablevision Group that you are relying solely on such advisors and not on any statements or representations of the Company, Cablevision its Affiliates or any of their respective Affiliates or agents. If, in connection with the exercise of the Options, your Employer is required to withhold any amounts by reason of any federal, state or local tax, such withholding shall be effected in accordance with Section 16 of the Plan.

Appears in 1 contract

Samples: Form Option Agreement (AMC Networks Inc.)

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