Common use of Withholding Taxes; Section 83(b) Election Clause in Contracts

Withholding Taxes; Section 83(b) Election. (a) Upon the Granting Date, or at any time thereafter as requested by the Company, Grantee hereby authorizes withholding from payroll and any other amounts payable to Grantee, and otherwise agrees to make adequate provision for any sums required to satisfy the federal and state tax withholding obligations of the Company or any of its subsidiary corporations, if any, which arise in connection with this Agreement.

Appears in 5 contracts

Samples: Restricted Stock Agreement (Alco Stores Inc), Restricted Stock Agreement (Alco Stores Inc), Restricted Stock Agreement (Alco Stores Inc)

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