Common use of Withholding Taxes; Section 83(b) Election Clause in Contracts

Withholding Taxes; Section 83(b) Election. (a) The Participant acknowledges and agrees that the Company has the right to deduct from payments of any kind otherwise due to the Participant any federal, state or local taxes of any kind required by law to be withheld with respect to the purchase of the Shares by the Participant or the lapse of the Purchase Option.

Appears in 86 contracts

Samples: Restricted Stock Agreement (Centene Corp), Restricted Stock Agreement (Xilio Therapeutics, Inc.), Restricted Stock Agreement (Werewolf Therapeutics, Inc.)

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Withholding Taxes; Section 83(b) Election. (a) The Participant Employee acknowledges and agrees that the Company has the right to deduct from payments of any kind otherwise due to the Participant Employee any federal, state or local taxes of any kind required by law to be withheld with respect to the purchase of the Shares by the Participant Employee or the lapse of the Purchase Option.

Appears in 3 contracts

Samples: Restricted Stock Agreement (American Superconductor Corp /De/), Purchase and Restriction Agreement (Smartbargains, Inc.), Restricted Stock Agreement (Quantum Bridge Communications Inc)

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Withholding Taxes; Section 83(b) Election. (a) The Participant Employee acknowledges and agrees that the Company has the right to deduct from payments of any kind otherwise due to the Participant Employee any federal, state or local taxes of any kind required by law to be withheld with respect to the purchase acquisition of the Shares by the Participant Employee or the lapse of the Purchase OptionForfeiture provisions.

Appears in 1 contract

Samples: Analog Devices Inc

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