Award Tax Liability definition

Award Tax Liability means any liability or obligation of the Company and/or any related company or Subsidiary to account for income tax (under Pay As You Earn) or any other taxation provisions and primary class 1 National Insurance Contributions in the United Kingdom to the extent arising from the grant, exercise, assignment, release, cancellation or any other disposal of an Award or arising out of the acquisition, retention and disposal of the Shares acquired under this Plan.
Award Tax Liability means an amount sufficient to satisfy all United Kingdom and/or other taxes, duties, social security or national insurance contributions (including any Employer's NICs which are the subject of an agreement or election under Rule 11.2) or any other amounts which are required to be withheld or accounted for by a Participant's Employing Company, the Company, any Associated Company of the Company in connection with the grant, holding and/or exercise or vesting of an Award;
Award Tax Liability means an amount sufficient to satisfy all taxes, duties, social security or national insurance contributions and any equivalents or any other amounts which are required to be withheld or accounted for by a Participant’s Employing Company, the Company, any Associated Company of the Company or the Trustees in connection with the grant, holding, exercise and/or vesting of an Award;

Examples of Award Tax Liability in a sentence

  • Any amount paid pursuant to this Plan shall be paid net of any Award Tax Liability.

  • Hopkins et al., A meta-analysis of microcosm experiments shows that dimethyl sulfide (DMS) production in polar waters is insensitive to ocean acidification.Biogeosciences 17, 163–186 (2020).

  • As a result, the immigrants are typically the persons who have the most to gain from moving—because only those who gain the most would be willing to incur the substantial migration costs.” There is zero empirical support for this assertion.

  • The Board may make such arrangements and determinations in this regard, consistent with the Rules, as it may in its absolute discretion consider to be appropriate, including (without limitation) by taking into account any national rules with regard to the Award Tax Liability and to satisfy any such Award Tax Liability arising from an exercise or vesting.

  • As a result, the design basis of the MOX facility is not adequate to support approval of construction.


More Definitions of Award Tax Liability

Award Tax Liability means any liability or obligation of the Company and/or any subsidiary to account (or pay) for income tax (under the UK withholding system of PAYE (pay as you earn)) or any other taxation provisions and primary class 1 National Insurance Contributions in the United Kingdom to the extent arising from the grant, exercise, assignment, release, vesting, cancellation or any other disposal of an Award or arising out of the acquisition, retention and disposal of the Shares acquired under this Plan.
Award Tax Liability means in relation to the Holder, any liability of the Company (and any other member of its Group) to account to Her Majesty’s Revenue & Customs or any other tax authority for any amount of, or representing, income tax, NICs, or social security contributions or any other tax charge, levy or other sum (whether under the laws of the UK or otherwise) (with the exception of employer NICs) which may arise on the grant, vesting, exercise, assignment or release of the Share Option;
Award Tax Liability means any liability or obligation of the Company and/or any Subsidiary to account for (or pay) income tax (under the UK withholding system of PAYE (pay
Award Tax Liability means any liability of the Participant’s Employer to account to HMRC or any other tax authority for any amount of, or representing, income tax or NICs (which shall include Employer’s NICs) or any equivalent charge in the nature of tax or social security contributions (whether under the laws of the United Kingdom or
Award Tax Liability means an amount sufficient to satisfy any and all income tax, duties, social security or national insurance contributions or their equivalent in any jurisdiction (including any employer's national insurance contributions or their equivalent to the extent required by the Board and permitted by law) or any other amounts which are required to be withheld or accounted for by any Member of the Group (or former Member of the Group) or the Trustees to any tax authority in connection with the grant, holding, exercise, and/or Vesting of an Award, holding or disposal of Vested Shares or the payment of a Dividend Accrual Payment or Cash Alternative;
Award Tax Liability means any liability of the Participant’s Employer to account to HMRC or any other tax authority for any amount of, or representing, income tax or Employee’s NICs or any equivalent charge in the nature of tax or social security contributions (whether under the laws of the United Kingdom or otherwise) which may arise on the acquisition or disposal of, or the exercise or release of any Award.“Constituent Company”means any of the following: (a) the Company; and (b) any company which is an Affiliate of the Company“Employee’s NICs”means primary Class 1 NICs arising on the acquisition or disposal of, or the exercise or release of any Award.“HMRC”means Her Majesty’s Revenue and Customs.“ITEPA”means the Income Tax (Earnings and Pensions) Act 2003.“NICs”means National Insurance Contributions.
Award Tax Liability means any amount of, or representing, income tax or employee social security contributions or any equivalent charge in the nature of tax or social security or similar contributions (whether in the US, United Kingdom or otherwise) which may arise on or in connection with: (a) the grant, Vesting, exercise, deemed exercise or release of, or the acquisition of Shares or of any interest in Shares pursuant to, an Award or any cash payment made under this Plan; or (b) the expiry of any statutory time period in relation to an Award