The Committee shall require payment of any amount it may determine to be necessary to withhold for federal, state, local or other applicable taxes (if any) as a result of the exercise, grant or vesting of an Award and the Company or one of its Affiliates shall have the right and are authorized to withhold any applicable withholding or other applicable taxes with respect to any Award, its exercise, or any payment or transfer under or with respect to the Award and to take such other action(s) as may be necessary in the opinion of the Committee to satisfy all obligations for the payment of such withholding or other applicable taxes.