Withholding of Compensation. Executive hereby agrees that the Company may deduct and withhold from the compensation or other amounts payable to Executive hereunder or otherwise in connection with Executive’s employment any amounts required to be deducted and withheld by the Company under the provisions of any applicable Federal, state and local statute, law, regulation, ordinance or order and any benefit deductions.
Withholding of Compensation. Executive hereby agrees that QTS LLC may deduct and withhold from the compensation or other amounts payable to Executive hereunder or otherwise in connection with Executive’s employment any amounts required to be deducted and withheld by QTS LLC under the provisions of any applicable Federal, state and local statute, law, regulation, ordinance or order.
Withholding of Compensation. The Company (or its successor) or the Acquirer may withhold from any payments under the Agreement and from any other amounts payable to the Director by the Company (or its successor, as applicable) any amount required to satisfy the income and employment tax withholding obligations arising under applicable laws in respect of a Bonus Payment. Without limiting the forgoing, the Company (or its successor) or the Acquirer may, in its sole discretion, satisfy the tax withholding obligations by withholding from any securities otherwise issuable to the Director pursuant to the Agreement a number of whole shares of such issuable capital stock having a fair market value as of the date of payment not in excess of the minimum amount of tax required to be withheld by law. The Director is encouraged to contact his personal legal or tax advisors with respect to the benefits provided by the Agreement. Neither the Company nor any of its employees, directors, officers or agents is authorized to provide any tax advice to the Director with respect to the benefits provided under the Agreement.
Withholding of Compensation. Employee hereby agrees that the Company may deduct and withhold from the compensation or other amounts payable to Employee hereunder or otherwise in connection with Employee’s employment any amounts required to be deducted and withheld by the Company under the provisions of any applicable Federal, state and local statute, law, regulation, ordinance or order and any benefit deductions.
Withholding of Compensation. Executive hereby agrees that the Corporation may deduct and withhold from the Separation Pay or other amounts payable to Executive hereunder or otherwise in connection with Executive’s employment any amounts required to be deducted and withheld by the Corporation under the provisions of any applicable Federal, state, and local statute, law, regulation, ordinance, or order. Executive acknowledges and agrees that the Corporation, including its Releasees, has made no representations regarding the tax consequences of any financial consideration received by Executive pursuant to this Agreement, including COBRA premium reimbursement amounts. Executive agrees to pay federal, state, and/or local taxes, if any, that are required by law to be paid with respect to the financial consideration received hereunder; provided, however, that nothing in this Section 6.13 shall affect or relieve the Corporation of any obligation it may have to make any payment to Executive under Section 2.10 of this Agreement.
Withholding of Compensation. The Company or the acquirer in an Exit Transaction will not withhold from any payments under the Agreement. Participant is encouraged to contact Participant’s personal legal or tax advisors with respect to the benefits provided by the Agreement. Neither the Company nor any of its employees, directors, officers or agents are authorized to provide any tax advice to Participant with respect to the benefits provided under the Agreement and the Company makes no representations or warranties to Participant regarding the tax treatment of the Exit Transaction Bonus.
