Taxes and Tax Withholding. (a) Upon the vesting of your Restricted Stock, you will have income in the amount of the value of the Shares that become vested on the Vesting Date, and you must pay income tax on that income.
Appears in 5 contracts
Samples: Restricted Stock Agreement (Universal Logistics Holdings, Inc.), Restricted Stock Agreement (Universal Truckload Services, Inc.), Restricted Stock Agreement (Universal Truckload Services, Inc.)
Taxes and Tax Withholding. (a) A. Upon the vesting of your Restricted Stock, you will have income in the amount of the value of the Shares that become vested on the Vesting Date, and you must pay income tax on that income.
Appears in 3 contracts
Samples: Notification of Award and Terms and Conditions of Award (Wal Mart Stores Inc), Restricted Stock Award (Wal Mart Stores Inc), Award Notification of Award and Terms and Conditions of Award (Wal Mart Stores Inc)
Taxes and Tax Withholding. (a) A. Upon the vesting of your Performance-Based Restricted Stock, you will have income in the amount of the value of the Shares that become vested on the Vesting Date, and you must pay income tax on that income.
Appears in 3 contracts
Samples: Restricted Stock Award Agreement, Award and Terms and Conditions of Award (Wal Mart Stores Inc), Notification of Award and Terms and Conditions of Award (Wal Mart Stores Inc)
