Example ContractsClausesIncome Tax Withholding
Income Tax Withholding
Income Tax Withholding contract clause examples

Income Tax Withholding. The Company, in its sole discretion, shall make such provisions and take such steps as it may deem necessary or appropriate for the withholding of all Federal, state, local and other taxes required by law to be withheld with respect to the shares of Issued Common Stock, or any cash that is required to be paid to the Employee in lieu of the delivery of a portion of the Issued Common Stock due to the operation of the NYSE Grant Limitation, as applicable (as such shares (or cash) vest or if certain tax elections are made by the Employee, i.e., a [Section 83(b)] election under applicable provisions of the Code) and any dividends paid on any portion of non-vested shares of Issued Common Stock, including, but not limited to, the following: # deducting the amount of any such withholding taxes therefrom or from any other amounts then or thereafter payable to the Employee by the Company or any of its Subsidiaries or Affiliates including the CBL Management Company; # requiring the Employee, or the beneficiary or legal representative of the Employee, to pay to the Company the amount required to be withheld or to execute such documents as the Company deems necessary or desirable to enable the Company to satisfy its withholding obligations; and/or # withholding from the shares of Issued Common Stock otherwise payable and/or deliverable one or more of such shares having an aggregate Fair Market Value, determined as of the date the withholding tax obligation arises, less than or equal to the amount of the total withholding tax obligation.

Income Tax Withholding. Except as otherwise provided in this [Section 6.8] (Income Tax Withholding), each Party will pay all income and other taxes (including interest) imposed on or measured with respect to its own income accruing to it under this Agreement (“Taxes”). ​, provided, however, ​. ​.

All required federal, state, city and local income and employment taxes which arise on the lapse of the Period of Restriction shall be satisfied through the # withholding of Shares required to be issued under Section 10, or # tendering by the Participant to the Company of Shares which are owned by the Participant, as described in [Section 15.02] of the Plan. The Fair Market Value of the Shares to be tendered shall be equal to the dollar amount of the Company’s aggregate withholding tax obligations, calculated on the day the Period of Restriction ends.

Income Tax Withholding. The Company, in its sole discretion, shall make such provisions and take such steps as it may deem necessary or appropriate for the withholding of all Federal, state, local and other taxes required by law to be withheld with respect to this Agreement, including, but not limited to, the following: # deducting the amount of any such withholding taxes therefrom or from any other amounts then or thereafter payable to the Participating Officer by the Company including the CBL Management Company; # requiring the Participating Officer, or the beneficiary or legal representative of the Participating Officer, to pay to the Company the amount required to be withheld or to execute such documents as the Company deems necessary or desirable to enable the Company to satisfy its withholding obligations; and/or # withholding from the shares of Common Stock otherwise payable and/or deliverable one or more of such shares having an aggregate Fair Market Value, determined as of the date the withholding tax obligation arises, less than or equal to the amount of the total withholding tax obligation.

Income and Employment Tax Withholding. All required federal, state, city, and local income and employment taxes that arise on account of the Performance Units shall be satisfied through the withholding of Shares otherwise distributable pursuant to this Agreement.

Withholding of Additional Federal Income Tax. The Company, in accordance with Section 3402(a) of the Code, and the Regulations and Rulings promulgated thereunder, will withhold from the wages of participating employees, in all payroll periods following and in the same calendar year as the date on which compensation is deemed received by the employee, additional income taxes in respect of the amount that is considered compensation includable in the employee’s gross income.

Income Tax Withholding. If the Company is required to withhold Federal, state, local or other taxes with respect to the Non-Employee Director, the Company, in its sole discretion, shall make such provisions and take such steps as it may deem necessary or appropriate for the withholding of all Federal, state, local and other taxes required by law to be withheld with respect to the shares of Common Stock issued pursuant to the Stock Award (as such shares vest or if certain tax elections are made by the Non-Employee Director, i.e., a [Section 83(b)] election under applicable provisions of the Internal Revenue Code of 1986, as amended (the “Code”)) and any dividends paid on any portion of non-vested shares of Common Stock, including, but not limited to, the following: # deducting the amount of any such withholding taxes therefrom or from any other amounts then or thereafter payable to the Non-Employee Director by the Company or the CBL Management Company; # requiring the Non-Employee Director, or the beneficiary or legal representative of the Non-Employee Director, to pay to the Company the amount required to be withheld or to execute such documents as the Company deems necessary or desirable to enable the Company to satisfy its withholding obligations; and/or # withholding from the shares of Common Stock otherwise payable and/or deliverable one or more of such shares having an aggregate Fair Market Value, determined as of the date the withholding tax obligation arises, less than or equal to the amount of the total withholding tax obligation.

Federal Income Tax Withholding. The Company may withhold from any compensation or benefits payable under this Agreement all federal, state, city, or other taxes [[Organization A:Organization]] extent required pursuant to any law or governmental regulation or ruling.

Federal Income Tax Withholding. The Company may withhold from any compensation or benefits payable under this Agreement all federal, state, city, or other taxes to the extent required pursuant to any law or governmental regulation or ruling.

Withholding Income Taxes. To the extent any payments made by [[3D Medicines:Organization]] pursuant to this Agreement become subject to withholding income Taxes under applicable Laws, [[3D Medicines:Organization]] shall deduct and withhold the amount of such Taxes for the account of [[Aravive:Organization]] to the extent required by applicable Laws; such amounts payable to [[Aravive:Organization]] shall be reduced by the amount of withholding income Taxes deducted and withheld; and [[3D Medicines:Organization]] shall pay the amounts of such Taxes to the proper Governmental Authority in a timely manner and transmit to [[Aravive:Organization]] an official tax certificate or other evidence of such Tax obligations together with proof of payment from the relevant Governmental Authority of all amounts deducted and withheld sufficient to enable [[Aravive:Organization]] to claim such payment of Taxes. Any such withholding income Taxes required under applicable Laws to be paid or withheld shall be an expense of, and borne solely by, [[Aravive:Organization]], provided that, [[Aravive:Organization]]’s share of the withholding income taxes incurred under this [Sections 8.11(b)] shall in total not exceed ​ of the aggregate amounts due and payable by [[3D Medicines:Organization]] to [[Aravive:Organization]] under this Agreement. For clarity, [[3D Medicines:Organization]] will be solely responsible for paying any such Taxes in excess of such ten percent (10%) threshold to the proper Governmental Authority and will not deduct such amounts from the amounts otherwise payable to [[Aravive:Organization]] under this Agreement. If [[Aravive:Organization]] is entitled (whether under any applicable tax treaty or otherwise under applicable Laws) to a reduction in the rate of, or the elimination of, withholding income Tax, it may deliver to [[3D Medicines:Organization]] or the appropriate Governmental Authority (with the assistance of [[3D Medicines:Organization]] to the extent that this is reasonably required and is expressly requested in writing) the prescribed forms necessary to reduce the applicable rate of withholding or to relieve [[3D Medicines:Organization]] of its obligation to withhold Tax, and [[3D Medicines:Organization]] shall apply the reduced rate of withholding, or dispense with withholding, as the case may be. [[3D Medicines:Organization]] agrees to take reasonable and lawful efforts to minimize such withholding income Taxes that would otherwise be borne by [[Aravive:Organization]]. [[3D Medicines:Organization]] shall cooperate with [[Aravive:Organization]] as reasonably requested in any claim for refund or application to any Governmental Authority.

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