Common use of Withhold Clause in Contracts

Withhold. Withhold and deduct from future wages of Grantee (or from other amounts that may be due and owing to Grantee from the Company), or make other arrangements, including arrangements for the surrender of shares of the Company Common Stock previously owned by Grantee or surrender of shares of then vesting Restricted Stock in each case with a fair market value equal to the amount to be withheld, for the collection of, all amounts deemed necessary to satisfy any and all federal, state, and local withholding and employment-related tax requirements attributable to an award of Restricted Stock (including any taxes arising under Sections 409A or 4999 of the Code); or