Philadelphia Pennsylvania Sample Clauses

Philadelphia Pennsylvania. 1. Payroll Services • Crown will provide access to KRONOS software on Crown’s Philadelphia IBM AS400 for inputting employee time and attendance information. • Crown will process payroll information, generate payroll reports, withhold and process the employee benefit premiums, the employees’ contributions to flexible spending accounts and repayments of outstanding loans under the 401(k) Retirement Savings Plan, perform AS400 enrollment for participants in benefit plans, provide a year-end data transmission to Constar’s pension actuary (in the same format as in 2004), process garnishments and any other required payroll transactions and print and mail payroll checks to Constar. Government tax reporting and unemployment claims services shall be in accordance with Federal, state and local laws. Constar will be responsible for funding payroll and making all tax remittances. These services and the per check rate below exclude preparation of 2005 W-2 forms and all year-end tax filings. At Constar’s option, Crown will prepare 2005 W-2 forms and all year-end filings for a fixed fee of $7,000 plus cost of postage and forms. Constar must give Crown notice by October 31, 2005 to exercise this option. • Constar will use, or obtain, if necessary, its own Federal Employer Identification Number and any other Federal, state or local identifying account numbers necessary for any employer related reporting following the Initial Public Offering Date which shall be used by Crown for all government required reporting. • Constar will pay Crown $1.30 for each payroll check or voucher issued on behalf of Constar and reimburse Crown for payroll distribution expenses such as postage, check stock and envelopes. Constar will also reimburse Crown for any programming revisions required to implement this Services Agreement, or which are requested by Constar (e.g. 401(k) transmission program, stock purchase plan program, etc.). Constar will not reimburse Crown for any programming revisions that are not required exclusively for the benefit of Constar.
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