Deduction and Withholding Clause Samples

Deduction and Withholding. All compensation and other benefits payable to or on behalf of Executive pursuant to this Agreement shall be subject to such deductions and withholding as may be agreed to by Executive or required by applicable law.
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Deduction and Withholding. All compensation and other benefits payable to or on behalf of Employee pursuant to this Agreement shall be subject to such deductions and withholding as may be agreed to by Employee or required by applicable law.
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Deduction and Withholding. Notwithstanding any other provision of this Agreement, any payments or benefits hereunder shall be subject to the withholding of such amounts, if any, relating to tax and other payroll deductions, as the Company reasonably determines it should withhold pursuant to any applicable law or regulation.
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Deduction and Withholding. Executive agrees that the Company shall withhold from any and all payments required to be made to Executive in accordance with this Agreement all federal, state, local and other taxes that the Company or any such affiliates determine are required to be withheld in accordance with applicable statutes and regulations from time to time in effect.
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Deduction and Withholding. The Company shall make such deductions and withhold such amounts from each payment and benefit made or provided to the Executive hereunder, as may be required from time to time by applicable law, governmental rules, regulations or orders.
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Deduction and Withholding. Any and all payments made by any Loan Party shall be made free and clear of and without deduction for any present or future taxes, levies, imposts, dedications, charges or withholding pursuant to any applicable laws ("Taxes"), unless such Loan Party shall be required by applicable law to make any such deduction. If, pursuant to any requirement of applicable law, any Loan Party shall make any deduction or withholding from any amount to be paid hereunder, then the parties shall, on a best efforts basis, agree to modify the terms of the Reducing Revolver Loan so as to eliminate the required withholding. The Loan Parties shall furnish to Lender, as soon as reasonable, such receipts and other documents as may be required to establish payment of such Taxes and any tax credit to which Lender may be entitled. The obligations of each Party under this Section 9.3 shall survive the termination of the Loan Agreement and the repayment of the indebtedness evidenced by or guaranteed by the Loan Documents. Upon receipt of any tax credit or refund to which the Lender is entitled, the Loan Parties shall pay to Lender the amount, if any, which is necessary so that Lender is made whole and receives the amount it would have received if no withholding had occurred.
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Deduction and Withholding. RCOT may offset, deduct or withhold any amount owed by the Organisation to RCOT under these Terms, against any amount owed by RCOT to the Organisation.
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Deduction and Withholding. All compensation and other benefits to or on behalf of Frelas pursuant to this Agreement shall be subject to such deductions and withholding as may be agreed to by Frelas or required by applicable law. 5.
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Deduction and Withholding. Reimbursement. There shall be deducted from all compensation paid to Employee such sums, including, without limitation, social security, income tax withholding and unemployment insurance, as by law the Company is obligated to do. Upon furnishing the Company with paper vouchers and expense accounts setting forth the information required by the United States Treasury Department for deductible business expenses, Employee shall be promptly reimbursed for those of his expenses which have been approved in advance by the Company.
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Related to Deduction and Withholding

  • Deductions and Withholding The Executive agrees that the Company or its subsidiaries or affiliates, as applicable, shall withhold from any and all compensation paid to and required to be paid to the Executive pursuant to this Agreement, all Federal, state, local and/or other taxes which the Company determines are required to be withheld in accordance with applicable statutes or regulations from time to time in effect and all amounts required to be deducted in respect of the Executive’s coverage under applicable employee benefit plans. For purposes of this Agreement and calculations hereunder, all such deductions and withholdings shall be deemed to have been paid to and received by the Executive.

  • Deductions and Withholdings All amounts payable or which become payable hereunder shall be subject to all deductions and withholding required by law.

  • Taxes and Withholding No later than the date as of which an amount first becomes includible in the gross income of the Participant for federal, state, local, foreign income, employment or other tax purposes with respect to any Restricted Stock Units, the Participant shall pay to the Company, or make arrangements satisfactory to the Company regarding the payment of, all federal, state, local and foreign taxes that are required by applicable laws and regulations to be withheld with respect to such amount. The obligations of the Company under this Agreement shall be conditioned on compliance by the Participant with this Section 8, and the Company shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the Participant, including deducting such amount from the delivery of Shares upon settlement of the Restricted Stock Units that gives rise to the withholding requirement.

  • Taxes and Withholdings The Employer may withhold from any amounts payable under this Agreement, including any benefits or Severance Payment, such federal, state or local taxes as may be required to be withheld pursuant to applicable law or regulations, which amounts shall be deemed to have been paid to Executive.

  • Tax Liability and Withholding 8.1. The Grantee shall be required to pay to the Company, and the Company shall have the right to deduct from any compensation paid to the Grantee pursuant to the Plan, the amount of any required withholding taxes in respect of the Restricted Stock and to take all such other action as the Committee deems necessary to satisfy all obligations for the payment of such withholding taxes. The Committee may permit the Grantee to satisfy any federal, state or local tax withholding obligation by any of the following means, or by a combination of such means: (a) tendering a cash payment; (b) authorizing the Company to withhold shares of Common Stock from the shares of Common Stock otherwise issuable or deliverable to the Grantee as a result of the vesting of the Restricted Stock; provided, however, that no shares of Common Stock shall be withheld with a value exceeding the minimum amount of tax required to be withheld by law; or (c) delivering to the Company previously owned and unencumbered shares of Common Stock. 8.2. Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“Tax-Related Items”), the ultimate liability for all Tax-Related Items is and remains the Grantee’s responsibility and the Company (a) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant or vesting of the Restricted Stock or the subsequent sale of any shares; and (b) does not commit to structure the Restricted Stock to reduce or eliminate the Grantee’s liability for Tax-Related Items.