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Interpublic Group of Companies (IPG)
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IPG » Topics » Withholding.

This excerpt taken from the IPG 8-K filed Jun 2, 2009.
Withholding. The Company shall have the right to deduct from all amounts paid to a Participant in cash any taxes required by law to be withheld in respect of Awards under the Plan. In the case of any Award satisfied in Shares, no Shares shall be issued unless and until arrangements satisfactory to the Company shall have been made to satisfy any withholding tax obligations applicable with respect to such Award. Without limiting the generality of the foregoing and subject to such terms and conditions as

 

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the Committee may impose, the Company shall have the right to (i) retain Shares or (ii) subject to such terms and conditions as the Committee may establish from time to time, permit Participants to elect to tender Shares (including Shares issuable in respect of an Award) to satisfy, in whole or in part, the amount required to be withheld.

(d)           

This excerpt taken from the IPG DEF 14A filed Apr 27, 2006.
Withholding. The Company shall have the right to deduct from all amounts paid to a Participant in cash (whether under the Plan or otherwise) any taxes required by law to be withheld in respect of Awards under the Plan. In the case of any Award satisfied in the form of Common Stock, no Shares shall be issued unless and until arrangements satisfactory to the Company shall have been made to satisfy any withholding tax obligations applicable with respect to such Award. Without limiting the generality of the foregoing and subject to such terms and conditions as the Committee may impose, the Company shall have the right to retain, or the Committee may, subject to such terms and conditions as it may establish from time to time, permit Participants to elect to tender, Common Stock (including Common Stock issuable in respect of an Award) to satisfy, in whole or in part, the amount required to be withheld.

A-11



(c)  

EXCERPTS ON THIS PAGE:

8-K
Jun 2, 2009
DEF 14A
Apr 27, 2006

RELATED TOPICS for IPG:

"Withholding." elsewhere:

Gannett (GCI)
Ameren (AEE)
Charter Communications (CHTR)
Cablevision Systems (CVC)
Fidelity National Information Services (FIS)
WPP plc (WPPGY)
Xcel Energy (XEL)
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