Net Settlement. If you elect this alternative, the Company will retain the number of Shares with a Fair Market Value equal to the required withholding Taxes applicable on your Performance Units, provided that such withholding can be no more than the maximum withholding rate applicable to each jurisdiction for which the Company is required to withhold.
Appears in 5 contracts
Samples: Unit Award Agreement for Employees (Scotts Miracle-Gro Co), Performance Unit Award Agreement for Employees (Scotts Miracle-Gro Co), Performance Unit Award Agreement for Employees (Scotts Miracle-Gro Co)
Net Settlement. If you elect this alternative, the Company will retain the number of Shares with a Fair Market Value equal to the required minimum statutory withholding Taxes applicable on your Performance Units, provided that such withholding can be no more than the maximum withholding rate applicable to each jurisdiction for which the Company is required to withhold.
Appears in 1 contract
Samples: Performance Unit Award Agreement for Employees (Scotts Miracle-Gro Co)
