Option Withholding definition

Option Withholding means the total amount of income tax withholding required with respect to Options.
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Option Withholding means the total amount of income tax withholding required with respect to payment of the Per Option Consideration pursuant to Section 2.5.2(b).
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Option Withholding means any withholding Taxes that the Company or any Company Subsidiary is required to withhold and remit to a Governmental Authority in connection with the cancellation of the Non-Seller Option Holders’ Options pursuant to the Option Cancellation Agreements.
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Examples of Option Withholding in a sentence

  • The term "Option Value" means, with respect to each Option, an amount equal to the product of (a)(x) the Per Share Amount, minus (y) the per share Exercise Price of such Option, multiplied by (b) the number of shares (or fractions thereof) of Converted Stock represented by such Option; provided, however, that the payment with respect to each Option shall be reduced by the amount of Option Withholding attributable to each such Option.

  • Resubmit the corrected transactions.TR 123 – ENROLLMENT/CHANGE REJECTED, INVALID PREM OPT CDThe Premium Option Withholding Option Code must be D, S, R, O or N.Plan Action: Resubmit the corrected transaction.TR 124 – ENROLLMENT/CHANGE REJECTED, INVALID UNCOV MONTHSThe value in the Number of Uncovered Months field is not valid.

  • You further acknowledge that you have read and specifically and expressly approve the following provisions of the Option Terms: Exercise of Option, Withholding Taxes, Termination of Continuous Status as an Employee or Consultant, Term of Option, No Rights to Continued Employment or Service, Nature of Grant, Governing Law and Venue; Language; Appendix; Imposition of Other Requirements, and the Data Privacy Notice in this Appendix for Italy.

  • Subject to Section 2.5.4, the term "Option Value" means, with respect to each Option an amount equal to the product of (i)(x) the Per Share Amount, minus (y) the per-share Exercise Price of such Option, multiplied by (ii) the number of shares (or fractions thereof) of Converted Stock represented by such Option; provided, however, that the payment with respect to each Option shall be reduced by the amount of Option Withholding attributable to each such Option.

  • The Buyer shall pay, or make available for payment by the Company to, the Optionees the Aggregate Option Payment Amount (less any required Option Withholding), and the Optionees, subject to Section 5.9, shall be paid the Option Value at Closing.

  • The Letter of Transmittal for each Holder who acquired shares of Company Common Stock pursuant to the exercise of an Option (whether pursuant to such offer or otherwise, at any time) shall provide that all amounts payable to the Company under Option Notes shall be paid and withheld by Parent (together with any other amounts required to be withheld by applicable law upon such exercise ("Option Withholding Amount")) from the Merger Consideration otherwise payable to such Holder on the Closing Date.

  • A Stockholder's or Option holder's "Pro Rata Portion" shall be equal to the quotient obtained by dividing (x) the sum of the amount payable to such Stockholder pursuant to Section 2.5.2(a) of this Agreement plus the amount payable to such Option holder pursuant to Section 2.5.2(b) of this Agreement (which amount shall include the amount of any Option Withholding attributable to such Option) by (y) the Aggregate Payment Amount.

  • To the extent that any portion of the Pre-Sale Distribution is payable to an Optionholder in respect of his Option Shares (an “Option Share Distribution”), such portion shall be subject to Option Withholding Tax.

  • Without limiting the generality of the foregoing, Buyer shall procure that the Company shall account for and pay the Option Withholding Amounts to the relevant Tax authorities and other relevant entities for the benefit and on behalf of the relevant Sellers, in each case as soon as practicable following the payment of the Subsequent Closing Purchase Price and at the latest within the applicable statutory time limits for such payments.

  • In connection with the Closing, Buyer shall withhold the Option Withholding Amounts from the Closing Purchase Price and pay the Option Withholding Amounts in immediately available funds to the Company.

Related to Option Withholding

  • Withholding means the retention of aid payments.

  • Applicable Withholding Taxes means the minimum aggregate amount of federal, state and local income and payroll taxes that the Company is required by applicable law to withhold in connection with any Incentive Award.

  • FATCA Withholding means any withholding or deduction required pursuant to an agreement described in section 1471(b) of the Code, or otherwise imposed pursuant to sections 1471 through 1474 of the Code, any regulations or agreements thereunder, any official interpretations thereof, or any law implementing an intergovernmental approach thereto.

  • Income-withholding order means an order or other legal

  • Withholding Taxes means any taxes, including, but not limited to, social security and Medicare taxes and federal, state and local income taxes, required to be withheld under any applicable law.

  • Withholding Agent means any Loan Party and the Administrative Agent.

  • Withholding Tax means any tax, deduction, levy or similar payment obligation that is required to be deducted or withheld from a payment under Applicable Law. Annex 1 – Data Processing

  • Required Withholding Amount has the meaning specified in Section 5 of this Agreement.

  • Unpaid withholding tax means withholding tax due but not paid by the date the withholding tax is required to be paid under applicable law.

  • FATCA Withholding Tax means any withholding or deduction required pursuant to FATCA.

  • Excluded Withholding Taxes means (i) withholding Taxes imposed by the United States except to the extent that such United States withholding Taxes are imposed or increased as a result of any change in applicable law (excluding from change in applicable law for this purpose a change in an applicable treaty or other change in law affecting the applicability of a treaty) after the date hereof, or in the case of a successor Liquidity Provider (including a transferee of an Advance) or Facility Office, after the date on which such successor Liquidity Provider obtains its interest or on which the Facility Office is changed, (ii) any withholding Taxes imposed by the United States which are imposed or increased as a result of the Liquidity Provider failing to deliver to the Borrower any certificate or document (which certificate or document in the good faith judgment of the Liquidity Provider it is legally entitled to provide) which is reasonably requested by the Borrower to establish that payments under this Agreement are exempt from (or entitled to a reduced rate of) withholding Tax and (iii) Taxes imposed under Sections 1471 through 1474 of the Internal Revenue Code of 1986, as amended.

  • Swiss Withholding Tax Act means the Swiss Federal Act on Withholding Tax of 13 October 1965 (Bundesgesetz über die Verrechnungssteuer), together with the related ordinances, regulations and guidelines, all as amended and applicable from time to time.

  • Swiss Withholding Tax means any withholding tax in accordance with the Swiss Federal Statute on Anticipatory Tax of 13 October 1965 (Bundesgesetz uber die Verrechnungssteuer) and any successor provision, as appropriate.

  • Option Exercise Price means the price at which a share of Common Stock may be purchased upon the exercise of an Option.

  • FICA means the Financial Intelligence Centre Act, 2001;

  • U.S. Source Withholdable Payment means any payment of interest (including any original issue discount), dividends, rents, salaries, wages, premiums, annuities, compensations, remunerations, emoluments, and other fixed or determinable annual or periodical gains, profits, and income, if such payment is from sources within the United States. Notwithstanding the foregoing, a U.S. Source Withholdable Payment does not include any payment that is not treated as a withholdable payment in relevant U.S. Treasury Regulations.

  • New jobs credit from withholding means the credit as provided in Iowa Code section 260E.5.

  • Exercise Payment means the amount of money equal to the Exercise Price multiplied by the number of Optioned Shares specified in the Notice of Exercise;

  • Option Price means the price at which a Share may be purchased by a Participant pursuant to an Option.

  • Option Exercise Date has the meaning specified in Section 2.1.

  • Nonqualifying Income means any amount that is treated as gross income for purposes of Section 856 of the Code and which is not Qualifying Income.

  • Exercise Price means the initial exercise price or the adjusted exercise price, depending on the context.

  • Grant Price means the price established at the time of grant of a SAR pursuant to Article 7, used to determine whether there is any payment due upon exercise of the SAR.

  • Nonqualified withdrawal means a withdrawal from an account that is not:

  • Deductions means any deductions which the Employment Business may be required by law to make and in particular in respect of PAYE pursuant to Sections 44-47 of the Income Tax (Earnings and Pensions) Act 2003 and Class 1 National Insurance Contributions;

  • Initial Exercise Price shall have the meaning set forth in Section 2.4.1.