Common use of Payment of Cash Clause in Contracts

Payment of Cash. Notwithstanding anything else herein to the contrary, the Company may withhold (or cause there to be withheld, as the case may be) from any cash amounts otherwise due or payable under or pursuant to this Agreement such federal, state and local income, employment, or other taxes as may be required to be withheld pursuant to any applicable law or regulation.

Appears in 5 contracts

Samples: Restricted Deferred Unit Award Agreement, Restricted Deferred Unit Award Agreement (Momentive Specialty Chemicals Inc.), Restricted Deferred Unit Award Agreement (Momentive Performance Materials Inc.)

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Payment of Cash. Notwithstanding anything else herein to the contrary, the Company may withhold (or cause there to be withheld, as the case may be) from any cash amounts otherwise due or payable under or pursuant to this Agreement such federal, state and local income, employment, or other taxes as may be required to be withheld pursuant to any applicable law or regulation. Section 17.

Appears in 1 contract

Samples: Restricted Deferred Unit Award Agreement

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