Successor Employer. If any Employer dissolves into, reorganizes, merges into or consolidates with another business entity, provision may be made by which the successor will continue the Plan, in which case the successor will be substituted for the Employer under the terms and provisions of this Plan. The substitution of the successor for the Employer will constitute an assumption by the successor of all Plan liabilities and the successor will have all of the powers, duties and responsibilities of the Employer under the Plan.
Successor Employer. In the event of the merger, consolidation or sale of assets of the Employer, under circumstances in which a successor shall continue and carry on all or a substantial part of the business of the Employer and shall employ a substantial number of Employees of the Employer and shall elect to continue the Plan, such successor shall be substituted for the Employer under the terms and provisions of the Plan upon filing its written election to such effect with the Trustee and the Committee.
Successor Employer. Buyer agrees that it shall elect treatment as a "successor employer" for withholding tax purposes with respect to the 1997 calendar year.
Successor Employer. Purchaser agrees it will qualify as a successor employer of Branch Employees for withholding tax purposes.
Successor Employer. If Executive becomes an employee of another entity as a result of a transaction in which NCE consolidates or merges into or with such entity or transfers all or substantially all of its assets to such entity (whether or not the transaction constitutes a Change In Control), the term "NCE" in this Agreement shall mean such other entity and this Agreement shall continue in full force and effect. If Executive becomes an employee of a wholly-owned subsidiary of NCE (or of a successor entity described in the previous sentence), Executive shall be deemed for purposes of this Agreement to continue as an employee of NCE (or the successor entity) while employed by such subsidiary.
Successor Employer. In cases where health and social services facilities are phased out or changed or where institutions amalgamate services with consequent displacement of Nurses, a Nurse who transfers without a break in service from one institution to another institution, with the approval of both institutions concerned shall:
Successor Employer. If any successor to an Employer continues the Plan adopted by the Employer, such successor shall concurrently become a successor first party to this Trust Agreement. The Successor Employer shall immediately provide the Trustee with any required documentation if Authorized Representatives have changed.
Successor Employer. In the event of the dissolution, merger, consolidation, or reorganization of Xxxxxx, or the sale of the entire (or substantially all of the) business of Xxxxxx, this Agreement shall be continued by Xxxxxx'x successor. The successor shall assume all liabilities under this Agreement and shall have the powers, duties, and responsibilities of Xxxxxx under this Agreement.
Successor Employer. Seller and Buyer will (a) treat Buyer as a successor employer and Seller as a predecessor employer, within the meaning of IRC § 3121(a)(1) and 3306(b)(1), with respect to the Transferred Employees for purposes of the Taxes imposed under the United States Unemployment Tax Act (“FUTA”) or the United States Federal Insurance Contributions Act (“FICA”) and (b) cooperate with each other to avoid, to the extent possible, the filing of more than one IRS Form W-2 with respect to each such Transferred Employee for the calendar year 2008, provided that in no event will Buyer be deemed to have assumed any liabilities of Seller arising or accrued prior to the Closing Date arising under FUTA, FICA or otherwise pursuant to this Section 13.4. With respect to any applicable Tax law relating to employment, unemployment insurance, Social Security, disability, workers’ compensation, payroll, health care, or similar Tax, other than Taxes imposed under FICA and FUTA, Seller and Buyer will treat Buyer as a successor employer and Seller as a predecessor employer, within the meaning of the relevant provisions of such Tax law with respect to the Transferred Employees and will cooperate with each other to avoid, to the extent possible, the filing of more than one individual reporting form pursuant to each such Tax law with respect to each Transferred Employee for calendar year 2008. Seller and Buyer will report on a predecessor-successor basis with respect to any of Seller’s employees who are not hired by Buyer regarding the filing of IRS forms W-2, W-3 and 941 after the Effective Time and Buyer will assume the Seller’s obligation to furnish W-2 forms to such employees for all of calendar year 2008. Buyer’s obligation under this Section 13.4 is contingent upon its receipt of all necessary information from Seller to fulfill its reporting responsibilities. Buyer has no obligation to request additional data or verify the accuracy of data submitted by Seller and is entitled to rely on such data.
Successor Employer. BSC, the Sellers and the Purchaser shall, to the extent possible, treat the Purchaser as a “successor employer” and BSC and the Sellers as “predecessors,” within the meaning of Sections 3121(a)(1) and 3306(b)(1) of the Code, with respect to Transferred Employees for purposes of Taxes imposed under the United States Federal Unemployment Tax Act, as amended, or the United States Federal Insurance Contributions Act, as amended. Each of the Purchaser, BSC and the Sellers agrees to adopt the “Standard Procedure” described in IRS Revenue Procedure 2004-53 and furnish a separate IRS Form W-2 to each Transferred Employee with respect to wages paid by the Purchaser, on the one hand, and BSC and the Sellers, on the other.
