Benefits Taxes Sample Clauses

Benefits Taxes. Consultant shall not be an employee or agent of Company; shall not be entitled to participate in or receive benefits under any Company programs maintained for Company's employees (including, without limitation, life, medical, and disability benefits, pension, profit sharing, or other retirement plans or other fringe benefits); and shall not be entitled to any direct or indirect compensation or remuneration of any kind from Company. Consultant assumes full responsibility for the payment of all income taxes, social security, and other payroll taxes for his compensation under this Agreement.
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Benefits Taxes. As an independent contractor, the Service Provider receives no Client benefits. They bear sole responsibility for taxes, withholdings, and obligations, excluding benefits provided to Client employees.
Benefits Taxes. Consultant understands and agrees that he is not an employee of the Company and is not entitled to any benefits provided by the Company to its employees, including but not limited to workers' compensation, unemployment, vacation, sick leave, holiday pay, medical, dental, accident and life insurance, pension or any other benefit or insurance coverage that is now or may be from time to time provided by the Company to its employees. Consultant understands that because he is not an employee of the Company, any compensation received by him for services rendered under this Agreement shall not be subject to employment tax withholding, nor shall the Company pay Federal Social Security tax (FICA) or make contributions to the federal or state unemployment or disability insurance funds on behalf of Consultant. Consultant shall be solely responsible for complying with all applicable employment tax and income tax laws with respect to the compensation provided under this Agreement.
Benefits Taxes. Xx. Xxxxxxx acknowledges and agrees that he shall work as a part-time employee for the Company pursuant to this Agreement, that the broad-based employee benefit plans of the Company, such as the medical plan and the qualified retirement plan, have minimum service obligations that must be met in order for an employee to be eligible for benefits, and that his services as a part-time employee pursuant to this Agreement for the Company do not meet such minimum service obligations in order to entitle him to participate in such employee benefit plans. To the extent he may otherwise be entitled to receive any such benefits, Xx. Xxxxxxx explicitly waives his right to participate in or receive any benefits under any applicable Company sponsored employee benefit plans as in effect from time to time, regardless of his eligibility to participate in any such plans, including any deferred compensation, medical, dental, life insurance and disability programs and other benefits generally available to the Company’s employees All payments to be made to and on behalf of Xx. Xxxxxxx under this Agreement will be subject to any required withholding of federal, state and local income, employment and excise taxes, and to related reporting requirements.
Benefits Taxes. None of the benefits provided by the Company to its employees, including but not limited to medical, life, accident, or disability insurance, pension or profit sharing plans, unemployment or Worker's Compensation, are available to Consultant. No withholding or Federal or state income taxes, social security or related contributions shall be made from payments made to the Consultant, and Consultant shall be solely responsible for payment of any such taxes or contributions due on account of payments received under this Agreement.
Benefits Taxes. During the Consulting Periods, Executive shall not be (i) eligible for any bonus or other cash or equity incentive compensation for services performed by him for the Company during the Consulting Periods or (ii) entitled to the benefits provided by the Company to its employees, including, but not limited to, benefits under the Company’s medical, dental, vision, life and disability plans and under the Company’s 401(k) plan and vacation/personal time off policy. Executive understands that because he will not be an employee of the Company during the Consulting Periods, that any compensation received by him for consulting services rendered under this Agreement shall not be subject to employment tax withholding, and that the Company shall not pay federal social security tax (FICA) or make contributions to the federal or state unemployment or disability insurance funds on behalf of Executive. Executive shall be solely responsible for complying with all applicable employment tax and income tax laws with respect to the consulting services provided under this Agreement.
Benefits Taxes. Neither Consultant nor its affiliates, employees or agents shall be entitled to any employee benefits offered to executives or employees of the Company and its affiliates, including, without limitation, unemployment compensation, workers' compensation, disability benefits, retirement benefits, family health and medical coverage insurance, and any other benefits. Consultant shall be responsible and liable for taxes, including without limitation, income taxes and social security/medicare taxes, on amounts paid to Consultant's employees and agents under this Agreement and shall be responsible for compliance with laws pertaining to self-employment including, without limitation, laws relating to workers' compensation. Consultant shall provide the Company with adequate evidence of such compliance upon request.
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Benefits Taxes 

Related to Benefits Taxes

  • Payroll Taxes Employer shall have the right to deduct from the compensation and benefits due to Employee hereunder any and all sums required for social security and withholding taxes and for any other federal, state, or local tax or charge which may be in effect or hereafter enacted or required as a charge on the compensation or benefits of Employee.

  • Employment Taxes All payments made pursuant to this Agreement will be subject to withholding of applicable income and employment taxes.

  • Payroll and Withholding Taxes All payments to be made or benefits to be provided hereunder by the Company shall be subject to applicable federal and state payroll or withholding taxes. Any Gross-Up Payment shall be made in the form of withholding taxes and shall not be paid to the Executive, but shall be sent to the IRS in the ordinary course of the Company's payroll withholding.

  • Compensation Benefits and Expenses During the Term, the Bank shall compensate the Executive for his services as provided in this Section 3. Unless otherwise determined by the Company Board, all payments and benefits provided in this Agreement shall be paid or provided solely by the Bank. Notwithstanding anything in this Agreement to the contrary, no provision of this Agreement shall be construed so as to result in the duplication of any payment or benefit. Unless otherwise determined by the Company Board, the Company’s sole obligation under this Agreement shall be to unconditionally guarantee the payment and provision of all amounts and benefits due hereunder to Executive, and the affirmative obligations of the Company as set forth at Section 3(h), herein, with respect to Indemnification, and, if such amounts and benefits due from the Bank are not timely paid or provided by the Bank, such amounts and benefits shall be paid or provided by the Company.

  • Compensation Benefits and Reimbursement (a) The compensation specified under this Agreement shall constitute the salary and benefits paid for the duties described in Section 2(b). The Association shall pay Executive as compensation a salary of not less than $_____________ per year ("Base Salary"). Such Base Salary shall be payable biweekly, or with such other frequency as officers and employees are generally paid. During the period of this Agreement, Executive's Base Salary shall be reviewed at least annually. Such review may be conducted by a Committee designated by the Board, and the Board may increase, but not decrease (except a decrease that is generally applicable to all employees), Executive's Base Salary (any increase in Base Salary shall become the "Base Salary" for purposes of this Agreement). In addition to the Base Salary provided in this Section 3(a), the Association shall provide Executive at no cost to Executive with all such other benefits as are provided uniformly to permanent full-time employees of the Association. Base Salary shall include any amounts of compensation deferred by Executive under qualified and nonqualified plans maintained by the Association.

  • U.S. Taxes (a) The Company agrees to pay to each Lender that is not a U.S. Person such additional amounts as are necessary in order that the net payment of any amount due to such non-U.S. Person hereunder after deduction for or withholding in respect of any U.S. Taxes imposed with respect to such payment (or in lieu thereof, payment of such U.S. Taxes by such non-U.S. Person), will not be less than the amount stated herein to be then due and payable, provided that the foregoing obligation to pay such additional amounts shall not apply:

  • Unemployment Compensation The Contractor shall be solely responsible for the unemployment compensation payments on behalf of their employees and personnel. The Contractor shall not be entitled to unemployment compensation in connection with the Services performed under this Agreement.

  • Premium Taxes If premium taxes are incurred, they will be deducted from the contract accumulation, to the extent permitted by law.

  • Income Taxes Paragraph 1. The authority citation for part 1 continues to read in part as follows: Authority: 26 U.S.C. 7805 * * * EXHIBIT G-2 FORM OF TRANSFEROR CERTIFICATE __________ , 20__ Residential Funding Mortgage Securities I, Inc. 8400 Normandale Xxxx Xxxxxxxxx Xxxxx 000 Xxxxxxxxxxx, Xxxxxxxxx 00000 [Trustee] Attention: Residential Funding Corporation Series _______ Re: Mortgage Pass-Through Certificates, Series ________, Class R[-__] Ladies and Gentlemen: This letter is delivered to you in connection with the transfer by _____________________ (the "Seller") to _____________________(the "Purchaser") of $______________ Initial Certificate Principal Balance of Mortgage Pass-Through Certificates, Series ________, Class R[-__] (the "Certificates"), pursuant to Section 5.02 of the Series Supplement, dated as of ________________, to the Standard Terms of Pooling and Servicing Agreement dated as of ________________ (together, the "Pooling and Servicing Agreement") among Residential Funding Mortgage Securities I, Inc., as seller (the "Company"), Residential Funding Corporation, as master servicer, and __________, as trustee (the "Trustee"). All terms used herein and not otherwise defined shall have the meanings set forth in the Pooling and Servicing Agreement. The Seller hereby certifies, represents and warrants to, and covenants with, the Company and the Trustee that:

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