Claimant’s Tax Obligations Sample Clauses

Claimant’s Tax Obligations. It is understood that any payments to Claimants calculated pursuant to this Settlement Agreement is the gross total due and that no State, Federal or local withholding of taxes will be made. To the extent that form 1099s are required to be issued as a result of this settlement, Corporate Defendants, LECG, LLC or any entity associated with the administration of the Settlement Agreement will issue Claimants 1099s. Each Claimant agrees to indemnify and hold Corporate Defendants harmless for any amounts that may be assessed, levied, or otherwise charged against the Corporate Defendants by any taxing or governmental authority on account of any obligation such Claimants may have for State, Federal or local income taxes pursuant to this Agreement, or on account of the failure of the Corporate Defendant to withhold any taxes or make any contributions or other deductions with respect to such Claimant as a result of the settlement. WE HEREBY AGREE TO THE TERMS, CONDITIONS, AND PROVISIONS OF THIS AGREEMENT. Corporate Defendants: The Representative Plaintiffs Snap-on Incorporated By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Marks & ▇▇▇▇▇, LLP Chairman, President and Chief Executive Officer Snap-on Tools Company LLC By: /s/ ▇▇▇▇▇▇ ▇. Deutsch ▇▇▇▇▇▇▇, Deutsch, ▇▇▇▇▇▇▇▇ and By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, LLP ▇▇▇▇ ▇. ▇▇▇▇▇▇ President Snap-on Credit LLC _____________________________ ▇▇▇▇▇ ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ _____________________________ General Manager ▇▇▇▇▇▇▇ Hobby Counsel for Corporate Defendants By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ _____________________________ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ Vice President, Secretary and Chief Legal Officer By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ _____________________________ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Associates, LLC Settlement Counsel _____________________________ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ _____________________________ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ _____________________________ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ _____________________________ ▇▇▇▇▇ Factor _____________________________ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ _____________________________ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ _____________________________ ▇▇▇▇ ▇▇▇▇▇▇