Common use of Withholding Requirements Clause in Contracts

Withholding Requirements. Prior to the delivery of any Shares or cash pursuant to an Award (or exercise thereof), the Company shall have the power and the right to deduct or withhold, or require a Participant to remit to the Company, an amount sufficient to satisfy federal, state, and local taxes (including the Participant’s FICA obligation) required to be withheld with respect to such Award (or exercise thereof).

Appears in 18 contracts

Samples: Equity Incentive Plan (Cell Therapeutics Inc), Award Agreement (Edwards J D & Co), Award Agreement (Polycom Inc)

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Withholding Requirements. Prior to the delivery of any Shares or cash pursuant to an Award (or exercise thereof), the Company shall have the power and the right to deduct or withhold, or require a Participant to remit to the Company, an amount sufficient to satisfy federal, national, foreign, state, and local taxes (including the Participant’s FICA obligationFICA, income tax, national insurance, social insurance, payment on account, payroll taxes or other tax-related withholding or similar insurance or tax obligations) required to be withheld with respect to such Award (or exercise thereof).

Appears in 5 contracts

Samples: Tibco Software Inc, Tibco Software Inc, Tibco Software Inc

Withholding Requirements. Prior to the delivery of any Shares or cash pursuant to an Award (or exercise thereof), the Company shall will have the power and the right to deduct or withhold, or require a Participant to remit to the Company, an amount sufficient to satisfy federal, state, and local local, foreign or other taxes (including the Participant’s FICA obligation) required to be withheld with respect to such Award (or exercise thereof).

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (Telenav, Inc.), Employment Agreement (Rackspace Hosting, Inc.), Aldila Inc

Withholding Requirements. Prior to the delivery of any Shares or cash pursuant to an Award (or exercise thereof), the Company shall have the power and the right to deduct or withhold, or require a Participant to remit to the Company, an amount sufficient to satisfy federal, national, foreign, state, and local taxes (including the Participant’s FICA obligation's FICA, income tax, national insurance, social insurance, payment on account, payroll taxes or other tax-related withholding or similar insurance or tax obligations) required to be withheld with respect to such Award (or exercise thereof).

Appears in 1 contract

Samples: Tibco Software Inc

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Withholding Requirements. Prior to the delivery of any Shares or cash pursuant to an Award (or exercise thereof), the Company shall will have the power and the right to deduct or withhold, or require a Participant to remit to the Company, an amount sufficient to satisfy federal, state, and local taxes (including the Participant’s FICA obligation) required to be withheld with respect to such Award (or exercise thereof).

Appears in 1 contract

Samples: Award Agreement (Sumtotal Systems Inc)

Withholding Requirements. Prior to the delivery of any Shares or cash pursuant to an Award (or exercise thereof)Award, the Company shall have the power and the right to deduct or withhold, or require a the Participant to remit to the Company, an amount sufficient to satisfy federal, state, and local taxes (including the Participant’s FICA obligation) required to be withheld with respect to such Award (or exercise thereof)Award.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Superior Industries International Inc)

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