Example ContractsClauseswithholding rightsIdentical
Withholding Rights
Withholding Rights contract clause examples

Tax Withholding. Subject to compliance with all applicable legal requirements, the Company shall be entitled to withhold (or secure payment from the Participant in lieu of withholding) the amount of any withholding or other tax required by law to be withheld or paid by the Company with respect to any amount payable under such Participant’s Annual Incentive Award under this Plan. The amount of such withholding or tax payment shall be determined by the Company and, in the Company’s sole discretion, such withholding obligation shall be satisfied by direct payment (including by payroll deduction) by the Participant to the Company in cash of the amount of any taxes required to be withheld with respect to such Annual Incentive Award.

PERDOCEO EDUCATION Corp (PRDO) (CIK 0001046568)
Source: SEC EDGAR database • Date: March 14, 2023 • SIC: 8200 • CIK: 8200

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