Taxes and Tax Withholding. A. The vesting of your Restricted Stock, or making an Internal Revenue Code Section 83(b) election with respect to this award of Restricted Stock, will cause you to have income with respect to the Restricted Stock, and will subject you to income tax on that income.
Appears in 6 contracts
Samples: Restricted Stock Award Agreement (Sterling Bancorp, Inc.), Restricted Stock Award Agreement (Diversified Restaurant Holdings, Inc.), Restricted Stock Award Agreement (Mercantile Bank Corp)
Taxes and Tax Withholding. A. The vesting of your Performance-Based Restricted Stock, or making an Internal Revenue Code Section 83(b) election with respect to this award of Performance-Based Restricted Stock, will cause you to have income with respect to the Performance-Based Restricted Stock, and will subject you to income tax on that income.
Appears in 3 contracts
Samples: Restricted Stock Award Agreement (Mercantile Bank Corp), Restricted Stock Award Agreement (Mercantile Bank Corp), Restricted Stock Award Agreement (Mercantile Bank Corp)
