Common use of Withholding or Deduction for Taxes Clause in Contracts

Withholding or Deduction for Taxes. If at any time specified herein for the issuance or delivery of any Common Stock to the Optionee, any law or regulation of any governmental authority having jurisdiction in the premises shall require the Company to withhold, or to make any deduction for, any taxes or to take any other action in connection with the issuance or delivery then to be made, the issuance or delivery shall be deferred until the withholding or deduction shall have been provided for by the Optionee or beneficiary, or other appropriate action shall have been taken.

Appears in 4 contracts

Samples: Outside Plan (Us Dataworks Inc), Outside Plan (Us Dataworks Inc), Outside Plan (Us Dataworks Inc)

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Withholding or Deduction for Taxes. If at any time specified herein for the making of any issuance or delivery of any Option or Common Stock to the OptioneeOptionee or any beneficiary, any law or regulation of any governmental authority having jurisdiction in the premises shall require the Company to withhold, or to make any deduction for, any taxes or to take any other action in connection with the issuance or delivery then to be made, the such issuance or delivery shall be deferred until the such withholding or deduction shall have been provided for by the Optionee or beneficiary, or other appropriate action shall have been taken.

Appears in 4 contracts

Samples: Summit Brokerage Services Inc / Fl, Summit Brokerage Services Inc / Fl, Summit Brokerage Services Inc / Fl

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Withholding or Deduction for Taxes. If at any time specified herein for the making of any issuance or delivery of any Common Stock Shares to the Optionee, any law or regulation of any governmental authority having jurisdiction in the premises shall require the Company to withhold, or to make any deduction for, any taxes or to take any other action in connection with the issuance or delivery then to be made, the such issuance or delivery shall be deferred until the such withholding or deduction shall have been provided for by the Optionee or beneficiary, or other appropriate action shall have been taken.

Appears in 1 contract

Samples: Full House (Full House Resorts Inc)

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