Employer Payroll Taxes Sample Clauses

Employer Payroll Taxes. “Employer Payroll Taxes” means all taxes and withholdings an employer is required to make arising out of or based upon the payment of employment compensation in this Litigation, including FICA, FUTA, and SUTA obligations.
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Employer Payroll Taxes. The Maximum Settlement Amount does not include Employer Payroll Taxes, which shall be paid by Defendant separate and apart, and in addition to, the Maximum Settlement Amount.
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Employer Payroll Taxes. The Gross Settlement Amount does not include employer-side payroll taxes, which shall be paid by Defendant separate and apart from, and in addition to, the Gross Settlement Amount.
Sample 1
Employer Payroll Taxes. The Gross Settlement Amount does not include employer-side payroll taxes, which shall be paid by Defendants separately, and in addition to, the Gross Settlement Amount. The Settlement Administrator shall be responsible for calculating, reporting and paying the employers’ payroll taxes (e.g. UI, ETT, Social Security and Medicare taxes) which Defendants shall fund separate and apart from the Gross Settlement Amount. Defendants, through the Settlement Administrator, will report each payment made from the Gross Settlement Amount to government authorities including the Internal Revenue Service as required by law, and shall make all required deductions and/or withholdings. Defendants, through the Settlement Administrator, will also retain the amount due for payroll taxes and will pay those amounts to the pertinent government authorities in the manner and the time prescribed by law. Defendants, through the Settlement Administrator, shall report the wage payments to the Internal Revenue Service (and other relevant government agencies) as wage income in the year of payment on a Form W-2 or similar form issued to the participating Settlement Class Members in question. Defendants, through the Settlement Administrator, shall report payments for penalties and interest to the Internal Revenue Service (and other relevant governmental agencies) as non-wage income in the year of payment on a Form 1099, or similar form issued to the participating Settlement Class Members in question. The Parties agree that nothing contained herein is intended to constitute legal advice regarding the taxability of any amount paid hereunder, nor shall it be relied upon as such. The tax issues for each participating Settlement Class Member are unique, and each participating Settlement Class Member is advised to obtain tax advice from his or her own tax advisor with respect to any payments resulting from this settlement. The Parties make no representations as to the tax treatment or legal effect of the payments called for hereunder, and Settlement Class Members are not relying on any statement or representation by the Parties, Class Counsel and Defense Counsel in this regard. Settlement Class Members understand and agree that they will be responsible for the payment of any employee taxes and penalties assessed on the Individual Settlement Payments described herein and will hold the Parties, Class Counsel and Defense Counsel free and harmless from and against any claims, liabilities, costs and e...
Sample 1
Employer Payroll Taxes. The Maximum Settlement Amount does not 28 include Employer Payroll Taxes, which shall be paid by Defendant separate and apart from the 1 Maximum Settlement Amount. Employer Payroll Taxes will be computed by the Settlement 2 Administrator based on the amounts to be paid to the Settlement Class Members. The Settlement 3 Administrator shall be responsible for making all necessary payments and government filings in 4 connection with such payments.
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Employer Payroll Taxes. The employer share of FICA, FUTA, SUTA, Medicare and any other applicable payroll taxes for the payment amounts allocated to Settlement Class members shall be paid by SWBYP.
Sample 1
Employer Payroll Taxes. The Gross Settlement Amount does not include employer-side payroll taxes, which shall be paid by Mission Produce separate from, and in addition to, the Gross Settlement Amount. Mission Produce shall pay the employer-side payroll taxes to the Settlement Administrator at the same time it pays the Gross Settlement Amount.
Sample 1
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Employer Payroll Taxes. ITS’s share of any employer payroll taxes to be paid in connection with the Settlement (i.e. FICA, FUTA, payroll taxes, and/or any similar tax or charge) and which shall be paid from the GSA.
Sample 1

Related to Employer Payroll Taxes

  • Tax Returns and Payments; Pension Contributions Borrower and each of its Subsidiaries has timely filed all required tax returns and reports, and Borrower and each of its Subsidiaries, has timely paid all foreign, federal, state, and local taxes, assessments, deposits and contributions owed by Borrower and such Subsidiaries, in all jurisdictions in which Borrower or any such Subsidiary is subject to taxes, including the United States, unless such taxes are being contested in accordance with the following sentence. Borrower and each of its Subsidiaries, may defer payment of any contested taxes, provided that Borrower or such Subsidiary, (a) in good faith contests its obligation to pay the taxes by appropriate proceedings promptly and diligently instituted and conducted, (b) notifies Collateral Agent in writing of the commencement of, and any material development in, the proceedings, and (c) posts bonds or takes any other steps required to prevent the Governmental Authority levying such contested taxes from obtaining a Lien upon any of the Collateral that is other than a “Permitted Lien.” Neither Borrower nor any of its Subsidiaries is aware of any claims or adjustments proposed for any of Borrower’s or such Subsidiaries’, prior tax years which could result in additional taxes becoming due and payable by Borrower or its Subsidiaries. Borrower and each of its Subsidiaries have paid all amounts necessary to fund all present pension, profit sharing and deferred compensation plans in accordance with their terms, and neither Borrower nor any of its Subsidiaries have, withdrawn from participation in, and have not permitted partial or complete termination of, or permitted the occurrence of any other event with respect to, any such plan which could reasonably be expected to result in any liability of Borrower or its Subsidiaries, including any liability to the Pension Benefit Guaranty Corporation or its successors or any other Governmental Authority.

  • Taxes; Pensions Timely file, and require each of its Subsidiaries to timely file, all required tax returns and reports and timely pay, and require each of its Subsidiaries to timely pay, all foreign, federal, state and local taxes, assessments, deposits and contributions owed by Borrower and each of its Subsidiaries, except for deferred payment of any taxes contested pursuant to the terms of Section 5.9 hereof, and shall deliver to Bank, on demand, appropriate certificates attesting to such payments, and pay all amounts necessary to fund all present pension, profit sharing and deferred compensation plans in accordance with their terms.

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