Common use of Withholding and Other Taxes Clause in Contracts

Withholding and Other Taxes. Payment of withholding taxes and other tax obligations relating to the Shares and any amounts or property paid with respect to RSUs shall be made by the Company retaining or not issuing such number of Shares as have a Fair Market Value at the time the Grantee becomes subject to income tax equal to the minimum necessary amount of tax to be withheld, unless the Grantee informs the Company in writing of the Grantee’s intention to satisfy such requirements in cash.

Appears in 4 contracts

Samples: Restricted Stock Unit Agreement (BlackRock Inc.), Restricted Stock Unit Agreement (BlackRock, Inc.), Restricted Stock Unit Agreement (BlackRock Inc.)

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Withholding and Other Taxes. Payment of withholding taxes taxes, national insurance contributions and other tax obligations relating to the Shares and any amounts or property paid with respect to the RSUs shall be made by the Company retaining or not issuing such number of Shares as have a Fair Market Value at the time the Grantee becomes subject to income tax and/or national insurance contributions equal to the minimum necessary amount of tax to be withheld, unless the Grantee informs the Company in writing of the Grantee’s intention to satisfy such requirements in cash.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (BlackRock Inc.)

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Withholding and Other Taxes. Payment of withholding taxes and other tax --------------------------- obligations relating to the Shares and any amounts or property paid with respect to RSUs shall be made by the Company retaining or not issuing such number of Shares as have a Fair Market Value at the time the Grantee becomes subject to income tax equal to the minimum necessary amount of tax to be withheld, unless the Grantee informs the Company in writing of the Grantee’s 's intention to satisfy such requirements in cash.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Blackrock Inc /Ny)

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