Common use of Payroll and Withholding Taxes Clause in Contracts

Payroll and Withholding Taxes. All payments to be made or benefits to be provided hereunder by the Company shall be subject to applicable federal and state payroll or withholding taxes. Any Gross-Up Payment shall be made in the form of withholding taxes and shall not be paid to the Executive, but shall be sent to the IRS in the ordinary course of the Company's payroll withholding.

Appears in 13 contracts

Sources: Change in Control, Severance and Employment Agreement (Hubco Inc), Change in Control, Severance and Employment Agreement (Hubco Inc), Change in Control, Severance and Employment Agreement (Hudson United Bancorp)

Payroll and Withholding Taxes. All payments to be made or benefits to be provided hereunder by the Company shall be subject to applicable federal and state payroll or withholding taxes. Any Gross-Up Payment shall to be made by the Company may be made in the form of withholding taxes and shall not be paid to the Executivetaxes, but shall be sent timely directed to the IRS in (or any state division of taxation) on the ordinary course of the Company's payroll withholdingExecutive’s behalf.

Appears in 12 contracts

Sources: Change in Control Agreement (Valley National Bancorp), Change in Control Agreement (Valley National Bancorp), Change in Control Agreement (Valley National Bancorp)

Payroll and Withholding Taxes. All payments to be made or benefits to be provided hereunder by the Company shall be subject to applicable federal and state payroll or withholding taxes. Any Gross-Up Payment shall be made in the form of withholding taxes and shall not be paid to the Executive, but shall be sent timely directed to the IRS in (or any state division of taxation) on the ordinary course of the CompanyExecutive's payroll withholdingbehalf.

Appears in 6 contracts

Sources: Change in Control Agreement (Peapack Gladstone Financial Corp), Change in Control Agreement (Peapack Gladstone Financial Corp), Change in Control Agreement (Peapack Gladstone Financial Corp)

Payroll and Withholding Taxes. All payments to be made or benefits to be provided hereunder by the Company shall be subject to applicable federal and state payroll or withholding taxes. Any Gross-Up Payment shall to be made by the Company may be made in the form of withholding taxes and shall not be paid to the Executivetaxes, but shall be sent timely directed to the IRS in (or any state division of taxation) on the ordinary course of the Company's payroll withholdingExecutive’s behalf. 17.

Appears in 5 contracts

Sources: Change in Control Agreement (Valley National Bancorp), Change in Control Agreement (Valley National Bancorp), Change in Control Agreement (Valley National Bancorp)

Payroll and Withholding Taxes. All payments to be made or benefits ------------------------------ to be provided hereunder by the Company shall be subject to applicable federal and state payroll or withholding taxes. Any Gross-Up Payment shall be made in the form of withholding taxes and shall not be paid to the Executive, but shall be sent to the IRS in the ordinary course of the Company's payroll withholding.

Appears in 4 contracts

Sources: Change in Control Agreement (Peapack Gladstone Financial Corp), Change in Control Agreement (Peapack Gladstone Financial Corp), Change in Control Agreement (Peapack Gladstone Financial Corp)

Payroll and Withholding Taxes. All payments to be made or benefits to be provided hereunder by the Company shall be subject to applicable federal and state payroll or withholding taxes. Any Gross-Up Payment shall be made in the form of withholding taxes and shall not be paid to the Executive, but shall be sent to the IRS in the ordinary course of the Company's ’s payroll withholding.

Appears in 3 contracts

Sources: Change in Control Agreement (Peapack Gladstone Financial Corp), Change in Control Agreement (Peapack Gladstone Financial Corp), Change in Control, Severance and Employment Agreement (Hudson United Bancorp)

Payroll and Withholding Taxes. All payments to be made or benefits to be provided hereunder by the Company shall be subject to applicable federal and state payroll or withholding taxes. Any Gross-Up Payment shall to be made by the Company may be made in the form of withholding taxes and shall not be paid to the Executivetaxes, but shall be sent timely directed to the IRS in (or any state division of taxation) on the ordinary course of the CompanyExecutive's payroll withholdingbehalf.

Appears in 1 contract

Sources: Change in Control Agreement (Valley National Bancorp)

Payroll and Withholding Taxes. All payments to be made or -------------------------------- benefits to be provided hereunder by the Company shall be subject to applicable federal and state payroll or withholding taxes. Any Gross-Up Payment shall be made in the form of withholding taxes and shall not be paid to the Executive, but shall be sent to the IRS in the ordinary course of the Company's payroll withholding.

Appears in 1 contract

Sources: Change in Control Agreement (Peapack Gladstone Financial Corp)