Common use of Other Withholding Clause in Contracts

Other Withholding. Should any Units vest under the Award at a time when the Share Withholding Method is not available, then the Taxes shall be collected from the Participant through either of the following alternatives: (i) the Participant’s delivery of his or her separate check payable to the Company in the amount of such Taxes; or (ii) the use of the proceeds from a next-day sale of the shares of Stock issued to the Participant, provided and only if (A) such a sale is permissible under the Company’s Trading Compliance Policy governing the sale of Stock; (B) the Participant makes an irrevocable commitment, on or before the vesting date for those Units, to effect such sale of the Stock; and (C) the transaction is not otherwise deemed to constitute a prohibited loan under Section 402 of the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act of 2002.

Other Withholding. Should any Units units vest under the Award at a time when the Share Withholding Method is not available, then the Taxes shall be collected from the Participant through either of the following alternatives: (i) the Participant’s delivery of his or her separate check payable to the Company in the amount of such Taxes; or (ii) the use of the proceeds from a next-day sale of the shares of Stock issued to the Participant, provided and only if (A) such a sale is permissible under the Company’s Trading Compliance Policy governing the sale of Stock; (B) the Participant makes an irrevocable commitment, on or before the vesting date for those Unitsunits, to effect such sale of the Stock; and (C) the transaction is not otherwise deemed to constitute a prohibited loan under Section 402 of the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act of 2002.