Common use of Withholding Clause in Contracts

Withholding. No Shares will be issued pursuant to the exercise of this option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option.

Appears in 641 contracts

Samples: Stock Option Agreement (Akouos, Inc.), Stock Option Agreement (Decibel Therapeutics, Inc.), Nonstatutory Stock Option Agreement (Translate Bio, Inc.)

Withholding. No Shares will be issued pursuant to the on exercise of this option the Option unless and until the Participant Grantee pays to the Company, or makes provision satisfactory to arrangements with the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option the exercise of the Option. The Grantee hereby agrees that the Company may withhold from the Optionee’s wages or other remuneration the applicable taxes. At the discretion of the Company, the applicable taxes may be withheld in kind from the Shares otherwise deliverable to the Grantee on exercise of the Option, up to the Grantee’s minimum required withholding rate or such other rate that will not trigger a negative accounting impact.

Appears in 17 contracts

Samples: Stock Option Grant Agreement (Adventrx Pharmaceuticals Inc), Stock Option Grant Agreement (Adventrx Pharmaceuticals Inc), Incentive Stock Option Grant Agreement (Adventrx Pharmaceuticals Inc)

Withholding. No Shares will be issued pursuant to the exercise of this option Option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option Option.

Appears in 14 contracts

Samples: Stock Option Agreement (Cambridge Heart Inc), Stock Option Agreement (Cambridge Heart Inc), Stock Option Agreement (Cambridge Heart Inc)

Withholding. Executive shall pay to Company, or make provision satisfactory to Company for payment of, any taxes required by law to be withheld in connection with this Agreement no later than each Vesting Date upon which Company vests RSUs to Executive. No Shares shares of Common Stock will be issued pursuant to the exercise of this option the Option unless and until the Participant Executive pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option the Option. Executive may satisfy such tax obligations by delivering to Company cash in the form of wire transfer or check and Company may, to the extent permitted by law, deduct any such tax obligations from any payment of any kind otherwise due to Executive.

Appears in 10 contracts

Samples: Restricted Stock Unit and Option Agreement (Beacon Power Corp), Restricted Stock Unit and Option Agreement (Beacon Power Corp), Restricted Stock Unit and Option Agreement (Beacon Power Corp)

Withholding. No Shares will be issued pursuant to the exercise of this option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by applicable law to be withheld in respect of this option.

Appears in 9 contracts

Samples: Nonqualified Share Option Agreement (Vistaprint LTD), Nonqualified Stock Option Agreement (Vistaprint LTD), Nonqualified Share Option Agreement (Vistaprint N.V.)

Withholding. No Shares will be issued pursuant to the exercise of this option unless and until the Participant Optionee pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option.

Appears in 8 contracts

Samples: Stock Option Agreement (Beacon Power Corp), Incentive Stock Option Agreement (Beacon Power Corp), Nonstatutory Stock Option Agreement (Cisco Systems Inc)

Withholding. No Shares will be issued pursuant to the exercise of this option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option . Such withholding taxes may be satisfied, at the discretion of the Board, by the withholding of Shares of Common Stock of the Company.

Appears in 7 contracts

Samples: Incentive Stock Option Agreement (Casella Waste Systems Inc), Incentive Stock Option Agreement (Casella Waste Systems Inc), Nonstatutory Stock Option Agreement (Casella Waste Systems Inc)

Withholding. No Shares will be issued pursuant to the exercise of this option Option unless and until the Participant Optionee pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option Option.

Appears in 5 contracts

Samples: Amended and Restated Stock Option Agreement (SS&C Technologies Holdings Inc), Amended and Restated Stock Option Agreement (SS&C Technologies Holdings Inc), Stock Option Agreement (Sino Clean Energy Inc)

Withholding. No Shares will be issued pursuant to the exercise of this option unless and until the Participant Employee pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option.

Appears in 4 contracts

Samples: Nonstatutory Stock Option Agreement (Penwest Pharmaceuticals Co), Employment Agreement (Market Central Inc), Employment Agreement (Market Central Inc)

Withholding. No Shares will be issued pursuant to the exercise of this option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, of any federal, state or local withholding taxes required by law to be withheld in respect of this option.

Appears in 4 contracts

Samples: Nonstatutory Stock Option Agreement (Ceva Inc), Nonstatutory Stock Option Agreement (Ceva Inc), Nonstatutory Stock Option Agreement (Ceva Inc)

Withholding. No Shares shares of Common Stock will be issued pursuant to the exercise of this option the Option unless and until the Participant Executive pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option the Option. Executive may satisfy such tax obligations by delivering to Company cash in the form of wire transfer or check and Company may, to the extent permitted by law, deduct any such tax obligations from any payment of any kind otherwise due to Executive.

Appears in 4 contracts

Samples: Option Agreement (Beacon Power Corp), Option Agreement (Beacon Power Corp), Option Agreement (Beacon Power Corp)

Withholding. No Shares will shall be issued pursuant to the exercise of this option Option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding or other taxes required by law to be withheld in respect of this option Option.

Appears in 3 contracts

Samples: Stock Option Agreement (Heat Biologics, Inc.), Stock Option Agreement (Heat Biologics, Inc.), Stock Option Agreement (Heat Biologics, Inc.)

Withholding. No Shares will shall be issued pursuant to the exercise of this option Option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option Option.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Heat Biologics, Inc.), Incentive Stock Option Agreement (Heat Biologics, Inc.), Form of Incentive Stock Option Agreement (Heat Biologics, Inc.)

Withholding. No Shares will be issued pursuant to the exercise of this option Agreement unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option Agreement.

Appears in 3 contracts

Samples: Stock Option Agreement (Aspen Technology Inc /De/), Stock Option Agreement (Aspen Technology Inc /De/), Stock Option Agreement (Aspen Technology Inc /De/)

Withholding. No Shares will be issued pursuant to the exercise of this option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option . The Company may, to the extent permitted by law, deduct any such required tax obligations from any payment of any kind otherwise due to the Participant.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Curis Inc), Nonstatutory Stock Option Agreement (Curis Inc), Nonstatutory Stock Option Agreement (Curis Inc)

Withholding. No Shares will be issued pursuant to the exercise of this option unless and until the Participant pays to the Company Corporation, or makes provision satisfactory to the Company Corporation for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option option as an employee of the Corporation.

Appears in 3 contracts

Samples: Nonstatutory Stock Option Agreement (Southern Trust Securities Holding Corp), Nonstatutory Stock Option Agreement (Southern Trust Securities Holding Corp), Nonstatutory Stock Option Agreement (Southern Trust Securities Holding Corp)

Withholding. 1 No Shares will be issued pursuant to the exercise of this option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option.

Appears in 2 contracts

Samples: Nonstatutory Stock Option Agreement (Verastem, Inc.), Nonstatutory Stock Option Agreement (Verastem, Inc.)

Withholding. 2 - 3 No Shares will be issued pursuant to the exercise of this option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option.

Appears in 2 contracts

Samples: Confidentiality and Nondisclosure Agreement (Caminus Corp), Confidentiality and Nondisclosure Agreement (Caminus Corp)

Withholding. No Ordinary Shares will be issued pursuant to the exercise of this option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any national, federal, state and local or local withholding other income, national insurance, social and employment taxes required by law to be withheld in respect of this option.

Appears in 2 contracts

Samples: Incentive Share Option Agreement (uniQure B.V.), Share Option Agreement (uniQure B.V.)

Withholding. No Ordinary Shares will be issued pursuant to the exercise of this option unless and until the Participant pays to the Company Employer, or makes provision satisfactory to the Company Employer for payment of, any national, federal, state and local or local withholding other income, national insurance, social and employment taxes required by law to be withheld in respect of this option.

Appears in 2 contracts

Samples: Share Option Agreement (uniQure N.V.), Share Option Agreement (uniQure N.V.)

Withholding. No Shares will shall be issued pursuant to the exercise of this option Option unless and until the Participant Optionee pays to the Company, Company or makes provision satisfactory to the Company for payment of, of any federal, state or local withholding taxes required by law to be withheld in respect of this option Option.

Appears in 2 contracts

Samples: Share Option Agreement (Biohaven Pharmaceutical Holding Co Ltd.), Share Option Agreement (Biohaven Pharmaceutical Holding Co Ltd.)

Withholding. No Shares will be issued pursuant to the exercise of this option Option unless and until the Participant Option Holder pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, national, foreign, state or local withholding taxes (including any employer and employee national insurance contributions) required by law to be withheld in respect of this option Option or which the Option Holder has agreed or elected to bear.

Appears in 2 contracts

Samples: Enterprise Management Incentive Stock Option Agreement (Oxford Immunotec Global PLC), Enterprise Management Incentive Stock Option Agreement (Oxford Immunotec Global PLC)

Withholding. No Shares will be issued pursuant to the exercise of this option Option unless and until the Participant Option Holder pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option Option.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Oxford Immunotec Global PLC), Incentive Stock Option Agreement (Oxford Immunotec Global PLC)

Withholding. No Shares will be issued pursuant to the exercise of this option Option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option Option. Such withholding taxes may be satisfied, at the discretion of the Board, by the withholding of Shares of Common Stock of the Company.

Appears in 2 contracts

Samples: Stock Option Agreement (Casella Waste Systems Inc), Stock Option Agreement (Casella Waste Systems Inc)

Withholding. No Shares will be issued pursuant to the exercise of this option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, of any federal, state or local withholding taxes required by law to be withheld in respect of this option.

Appears in 2 contracts

Samples: Employment Agreement (Aileron Therapeutics Inc), Employment Agreement (Aileron Therapeutics Inc)

Withholding. No Shares will be issued pursuant to the exercise of this option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes (or equivalent in jurisdictions outside the United States, as applicable) required by law to be withheld in respect of this option.

Appears in 2 contracts

Samples: Share Option Agreement (Nabriva Therapeutics PLC), Share Option Agreement (Nabriva Therapeutics PLC)

Withholding. No Shares will be issued pursuant to the exercise of this option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of the exercise of this option.

Appears in 2 contracts

Samples: Confidentiality and Nondisclosure Agreement (Legato Systems Inc), Confidentiality and Nondisclosure Agreement (Legato Systems Inc)

Withholding. No Shares will be issued pursuant to the exercise of this option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option . . -4- 5

Appears in 2 contracts

Samples: Amended and Restated Incentive Stock Option Agreement (Baycorp Holdings LTD), Amended and Restated Incentive Stock Option Agreement (Baycorp Holdings LTD)

Withholding. No Shares will be issued pursuant to the exercise of this option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option . If the Company exercises its right to pay to the Participant the Cash Value in lieu of issuing Common Stock to the Participant, the Company shall withhold such taxes from the payment to the Participant.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Nestor Inc), Incentive Stock Option Agreement (Nestor Inc)

Withholding. No Shares will be issued pursuant to the exercise of this option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option . Pursuant to Section 11(e) of the Plan, the Company shall determine, in its sole discretion, whether to allow the Participant to satisfy his or her tax withholding obligations through a broker-assisted cashless option exercise.

Appears in 2 contracts

Samples: Form of Nonstatutory Stock Option Agreement (Endurance International Group Holdings, Inc.), Form of Incentive Stock Option Agreement (Endurance International Group Holdings, Inc.)

Withholding. No Shares will be issued pursuant to the exercise of this option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option . The Company may, to the extent permitted by law, deduct any such tax obligations from any payment of any kind otherwise due to the Participant.

Appears in 2 contracts

Samples: Nonstatutory Stock Option Agreement (Gensym Corp), Nonstatutory Stock Option Agreement (Gensym Corp)

Withholding. No Shares will be issued pursuant to the exercise of this option unless and until the Participant pays to the Company Corporation, or makes provision satisfactory to the Company Corporation for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option.

Appears in 2 contracts

Samples: Nonstatutory Stock Option Agreement (Southern Trust Securities Holding Corp), Nonstatutory Stock Option Agreement (Southern Trust Securities Holding Corp)

Withholding. No Shares will be issued pursuant to the exercise settlement of this option the RSUs unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option the RSUs.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Trine Acquisition Corp.), Restricted Stock Unit Agreement (Soaring Eagle Acquisition Corp.)

Withholding. No Shares Units will be issued pursuant to the exercise of this option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option.

Appears in 2 contracts

Samples: Equity Incentive Plan (Bellerophon Therapeutics LLC), Equity Incentive Plan (Bellerophon Therapeutics LLC)

Withholding. The Participant agrees that the Participant may be subject to income tax withholding by the Company on the compensation income recognized by the Participant. No Shares will be issued pursuant to the exercise of this option Option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option.

Appears in 2 contracts

Samples: Form of Nonqualified Stock Option Agreement (Superior Galleries Inc), Form of Incentive Stock Option Agreement (Superior Galleries Inc)

Withholding. No Shares Common Stock will be issued pursuant to the exercise of this option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes that are required by law to be withheld in respect of this option , if any.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Kior Inc)

Withholding. No Shares of Company Stock will be issued pursuant to the exercise of this option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option.

Appears in 1 contract

Samples: Stock Option Agreement (Blue Apron Holdings, Inc.)

Withholding. No Shares will be issued pursuant to the exercise of this option the Option unless and until the Participant Optionee pays to the Company Corporation, or makes provision satisfactory to the Company Corporation for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option the Option.

Appears in 1 contract

Samples: Form of Nonqualified Stock Option Agreement (Yankee Candle Co Inc)

Withholding. No Shares will be issued pursuant to the exercise of this option the Option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes and any other deductions, in each case, required by law to be withheld in respect of this option the Option.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Liveperson Inc)

Withholding. No Shares will be issued pursuant to the exercise of this option the Option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option the Option.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Liveperson Inc)

Withholding. No Shares will be issued pursuant to the exercise of this option Option unless and until the 3 19 Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option Option.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Edison Schools Inc)

Withholding. No Shares will be issued pursuant to the exercise of this option Option unless and until the Participant Executive pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option Option.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Entrust Inc)

Withholding. No Shares will be issued pursuant to the exercise of this option Option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option Option in accordance with the terms of Section 7(d) of the Plan.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Kronos Inc)

Withholding. No Shares will be issued pursuant to the exercise of this option Option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Cambridge Heart Inc)

Withholding. No Shares will be issued pursuant to the exercise of this option unless and until the Participant pays shall pay to the Company, or makes provision satisfactory to the Company for the payment of, any federal, state or local withholding taxes required by law to be withheld in respect of to this option.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Reliv International Inc)

Withholding. No Shares will be issued pursuant to the exercise of this option unless and until the Participant pays to the Company MDCO, or makes provision satisfactory to the Company MDCO for payment of, any federal, state state, social security or local withholding taxes required by law to be withheld in respect of this option.

Appears in 1 contract

Samples: Stock Option Agreement (Medicines Co /De)

Withholding. No Shares will be issued pursuant to the exercise of this option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company MicroStrategy for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Microstrategy Inc)

Withholding. No Shares will be issued pursuant to the exercise of this option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, national, foreign, state or local withholding taxes required by law to be withheld in respect of this option.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Image Metrics, Inc.)

Withholding. No Shares will be issued pursuant to the exercise of this option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option . . - 3 -Nonstatutory Stock Option Agreement

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Conformis Inc)

Withholding. No Shares will be issued pursuant to the exercise of this option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option . . Exhibit 10.4

Appears in 1 contract

Samples: Nonstatutory Stock Option Award Agreement (Accretive Health, Inc.)

Withholding. No Shares will be issued pursuant to the exercise of this option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld withhold in respect of this option.

Appears in 1 contract

Samples: Confidentiality and Nondisclosure Agreement (Cisco Systems Inc)

Withholding. No Shares will be issued pursuant to the exercise of this option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state state, local or local withholding foreign taxes of any kind required by law to be withheld in respect of this option.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Skyworks Solutions, Inc.)

Withholding. No Shares will be issued pursuant to the exercise of this option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state state, provincial or local withholding taxes or any other applicable tax required by law to be withheld in respect of this option.

Appears in 1 contract

Samples: Qualified Stock Option Award (Emergent BioSolutions Inc.)

Withholding. No Shares will be issued pursuant to the exercise of this option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state state, provincial or local withholding taxes taxes, including but not limited to those under the Income Tax Act (Canada), the Canadian Pension Plan Act or any other applicable tax required by law to be withheld in respect of this option.

Appears in 1 contract

Samples: Qualified Stock Option Award (Emergent BioSolutions Inc.)

Withholding. No Shares will be issued pursuant to the exercise of this option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any income tax, federal, state or local withholding taxes agreed to be or required by law to be withheld in respect of this option.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Oclaro, Inc.)

Withholding. No Shares will be issued pursuant to the exercise of this option unless and until the Participant pays to the Company Corporation, or makes provision satisfactory to the Company Corporation for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option option by the Participant as an employee of the Corporation.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Southern Trust Securities Holding Corp)

Withholding. No Shares shares of Common Stock will be issued pursuant to the exercise of this option Option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option Option. The Participant is responsible for all applicable federal, state, local and other tax obligations, as provided in Section 8 of the Plan.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Smith Electric Vehicles Corp.)

Withholding. No Shares shares of Common Stock will be issued pursuant to the exercise of this option unless and until the Participant Optionee pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option.

Appears in 1 contract

Samples: Stock Option Agreement (American Superconductor Corp /De/)

Withholding. No Shares shares of Common Stock will be issued pursuant to the exercise of this option stock appreciation right unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option stock appreciation right.

Appears in 1 contract

Samples: Stock Appreciation Right Agreement (Lifeline Systems, Inc.)

Withholding. No Shares shares will be issued pursuant to the you upon exercise of this option unless and until the Participant pays you pay to the Company, or makes make provision satisfactory to the Company for payment of, any federal, state state, or local withholding taxes required by law to be withheld in with respect of to this option.

Appears in 1 contract

Samples: Stock Option Agreement (Microstrategy Inc)