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MRVL » Topics » Tax Withholding Under the Code

This excerpt taken from the MRVL DEF 14A filed Sep 14, 2007.

Tax Withholding Under the Code

The company may be required to withhold taxes in some circumstances associated with the participants’ receiving compensation. Under the 2007 Director Plan, an option or stock appreciation right will not be deemed exercised until the company receives, among other things, full payment for applicable withholding taxes.

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