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PBI » Topics » Reduction in Deferred Amount for Tax Withholding.

This excerpt taken from the PBI 10-K filed Mar 13, 2006.
Reduction in Deferred Amount for Tax Withholding. The foregoing provisions of this Article IV notwithstanding, in the event a Participant’s deferral election results in insufficient non-deferred compensation from which to withhold taxes in accordance with applicable law, the Deferred Amount shall be reduced as necessary to allow the Company to satisfy tax withholding requirements.

 


EXHIBIT (vi)

Page 13 of 24

 

 

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