Tax Withholding and Deductions. (i) A Participant shall be required to pay to the Company or any Affiliate, and the Company or any Affiliate shall have the right and is hereby authorized to deduct and withhold, from any cash, Common Shares, other securities or other property deliverable under any Award or from any compensation or other amounts owing to a Participant, the amount (in cash, Common Shares, other securities or other property) of any required taxes (up to the maximum statutory rate under applicable law as in effect from time to time as determined by the Committee) and deduction in respect of an Award, its grant, vesting or exercise, or any payment or transfer under an Award or under the Plan and to take such other action as may be necessary in the opinion of the Committee or the Company to satisfy all obligations for the payment of such taxes.
Tax Withholding and Deductions. The Company shall have the right to require, prior to the payment of any amount pursuant to an award made hereunder, payment by the Participant of any Federal, state, local, foreign or other taxes which may be required to be withheld or paid in connection with such award. It is intended that the Company's contributions under the Plan will be deductible to the Company when benefits are received by the Participant under Section 404(a)(5) of the Code, and the Participant shall be taxed on the benefits upon actual receipt of payments under Section 61 of the Code.
Tax Withholding and Deductions. All payments under this Agreement shall be made subject to all applicable tax withholding and other deductions required by law.
Tax Withholding and Deductions. Each Party will pay any taxes, duty, levy or impost to be withheld or deducted in respect of any amount due to the other Party where and to the extent it is required to perform such a withholding or deduction under applicable tax law. If either Party is required by law to make any tax deduction or withholding in relation to any payment under this Agreement, it will: (i) take all commercially reasonable measures that may be necessary to enable or assist the Party to whom the payment is due to claim exemption from the deduction or withholding or, if that is not possible, a credit for it under any applicable double taxation or similar agreement from time to time in force; and (ii) from time to time give, upon request, the Party to whom the payment is due, proper evidence as to the deduction or withholding and payment over of the tax deducted or withheld. If the Party making the payment has failed to fulfil its obligations under this Section, it will increase the amount of its payment to the other Party by such an amount as to enable the other Party to receive the sums it would have received had no such deduction or withholding been required.
Tax Withholding and Deductions. Payments to Employee of all compensation contemplated under this Severance Agreement shall be subject to all applicable legal requirements of federal, state, local and foreign taxing authorities with respect to the withholding of taxes. Notwithstanding any amounts withheld pursuant to the foregoing, Employee shall be responsible for the payment of all applicable income tax and other tax liability, if any, on all compensation paid to him under the terms of this Severance Agreement, other than the Company's share of social security and similar taxes.
Tax Withholding and Deductions. The Company may withhold from any benefits and payments made pursuant to this Agreement all federal, state, city and other taxes as may be required pursuant to any law or governmental regulation or ruling and all other normal employee deductions made with respect to the Company’s employees generally.
Tax Withholding and Deductions. Payments to Executive of all compensation contemplated under this Agreement shall be subject to all applicable legal requirements of federal, state, local and foreign taxing authorities with respect to the withholding of taxes. Notwithstanding any amounts withheld pursuant to the foregoing, Executive shall be responsible for the payment of all applicable income tax and other tax liability, if any, on all compensation paid to his under the terms of this Agreement, other than the Company's share of social security and similar taxes.
Tax Withholding and Deductions. Payments to the Employee of all compensation contemplated under this Agreement shall be subject to all applicable legal requirements of federal, state and local taxing authorities with respect to the withholding of taxes (including those of Israel). Notwithstanding any amounts withheld pursuant to the foregoing, the Employee shall be responsible for the payment of all applicable tax liability, if any, on all compensation paid to her under the terms of this Agreement, other than the Employer's share of social security and similar taxes. The Employee agrees that the Employer shall withhold from any and all payments required to be made to the Employee pursuant to this Agreement, all Federal, state, local and/or other taxes which the Employer determines are required to be withheld in accordance with applicable statutes and/or regulations from time to time in effect. The Employer shall provide the Employee with evidence of such withholding and payment.
