Taxes, Insurance and Benefits Sample Clauses

Taxes, Insurance and Benefits. Neither Consultant nor any employee used by Consultant in the performance of Services shall be entitled to any benefits, coverage or privileges, including, without limitation, social security, unemployment, medical or pension payments, made available to employees of Tokai. Consultant will be fully responsible for all taxes and insurance coverage applicable to Consultant and Consultant’s employees, and for maintaining workers’ compensation and employer’s liability insurance to the extent required by applicable laws. By way of clarity, because Consultant is an independent contractor, Tokai will not withhold or make payments for social security, federal, state or any other employee payroll taxes; make unemployment insurance or disability insurance contributions; or obtain worker’s compensation insurance on Consultant’s behalf. In further recognition of the fact that Consultant is not an employee of Tokai, Consultant agrees not to make, and waives and releases any rights to make, any claim Consultant might have against Tokai that relates to or arises from any illness or injury Consultant sustains while performing Services under this Agreement that may arise pursuant to applicable workers’ compensation laws. Consultant agrees to accept exclusive liability for complying with all applicable federal, state and other laws governing self-employed individuals, including obligations such as payment of taxes, social security, disability and other contributions based on fees paid to Consultant, its agents or employees under this Agreement and any requirements to have health insurance care coverage applicable to Consultant and/or Consultant’s employees. Consultant hereby agrees to indemnify and defend Tokai against any and all taxes, contributions and other amounts that Tokai may incur, but that are the responsibility of Consultant under this paragraph, including fines, penalties and interest.

Taxes, Insurance and Benefits. As an independent contractor, you shall be solely responsible for all insurance including, but not limited to, workers’ compensation insurance and unemployment insurance, if required, and for the withholding and payment of all federal, state and local income taxes, social security and Medicare taxes and other legally-required payments on sums received from the Company under this Agreement. As applicable, the Company will provide you with an IRS Form 1099 evidencing all consideration paid by it to you in connection with this engagement. You will also be solely responsible for any comprehensive general liability, automobile or other insurance which you decide to obtain and keep in effect. Because you are an independent contractor, neither you nor any dependent or other individual claiming through you will be eligible to participate in, or receive benefits under, any of the employee benefit plans, programs, agreements or arrangements maintained by the Company, other than as set forth in the Separation Agreement.

Taxes, Insurance and Benefits. L1IC : 1) As an independent business entity … it is the L1IC’s responsibility as director of his independent company … to make full financial and earnings disclosure as required by law. L1IC agrees that it is L1IC’s responsibility to make all necessary Statutory Returns and to make provision for all Employment Taxes, and Insurance Premiums … plus all Local, State, National and Federal taxes … from all commission earnings from the Company. 2) Restated: Company will not put aside or make provision for UIF, Provident or Pension Funds, Taxes, Education Funds, FICA (Social Security), FUTA (Federal Employment), or local, state or federal income taxes or taxes of any kind from any commissions or any other monies due to L1IC by Company … nor will Company do so retrospectively … on any commissions or monies already paid by Company to L1IC. All above stipulations also apply to any employees retained by L1IC (if applicable). 3) Neither the L1IC nor L1IC’s employees (if applicable) will be entitled to receive any benefits which employees of the Company are entitled to receive, and will furthermore not be entitled to workers' compensation, unemployment compensation, sick leave, medical insurance, life insurance, paid vacations, paid holidays, pension, profit sharing, Social Security or any other such benefit on account of their services on behalf of the Company.

Taxes, Insurance and Benefits. You acknowledge and agree that, as an independent contractor during the Consulting Period, you will be solely responsible for all insurance and for the payment of all federal, state and local income taxes, Social Security and Medicare taxes and other legally required payments on any amounts received from the Company. The Company will provide you with an IRS Form 1099 evidencing all compensation paid by it to you in connection with your engagement hereunder during the Consulting Period (except as is required by law with respect to any compensation related to your prior employment with the Company). You further acknowledge and agree that during the Consulting Period neither you nor any individual claiming through you will be eligible to (a) participate in any Company or Company affiliate bonus, incentive or other compensation plan, program or arrangement of any kind, whether payable in cash or equity, or (b) participate in or receive benefits under any of the employee benefit plans, programs and arrangements maintained by the Company or any of its affiliates, except as expressly set forth in this Agreement with respect to the Equity Awards, as required by law or with respect to the receipt of vested benefits under the benefit plans of the Company or its affiliates in accordance with the terms of such plans.

Taxes, Insurance and Benefits. You acknowledge and agree that, as an independent contractor, you will be solely responsible for all insurance, including but not limited to workers’ compensation insurance and unemployment insurance, and for the withholding and payment of all federal, state and local income taxes, Social Security and Medicare taxes and other legally-required payments on any amounts received from the Company. You also acknowledge and agree that neither you nor any individual claiming through you will be eligible to participate in or receive benefits under any of the employee benefit plans, programs and arrangements maintained by the Company (all of the foregoing, the “Plans”), other than as expressly provided in this Agreement. You hereby waive any and all rights to participate in, or receive benefits under, any of the Plans following the Separation Date, and you agree not to make any claim under any of the Plans, other than in exercising your COBRA (or similar state law) rights.

Taxes, Insurance and Benefits. Assembler acknowledges and agrees that Assembler is solely responsible for (a) all tax liability associated with payments received from Assembler’s Clients and through We-Go Assemble and that We-Go Assemble will not withhold any taxes from payments to Assembler; (b) obtaining any liability, health, disability, unemployment, or other insurance needed, desired, or required by law, and that Assembler understands that he is not covered by or eligible for any insurance from We-Go Assemble; and (c) for determining whether Assembler is required by the applicable law to remit to the appropriate authorities any value-added tax or any other taxes or similar charges applicable to the Assembler Fees and remitting any such taxes or charges to the appropriate authorities, as appropriate.

Taxes, Insurance and Benefits. (a) As an independent contractor, You shall be solely responsible for all statutorily required insurance, including but not limited to workers' compensation insurance, and unemployment insurance, if required, and for withholding and payment of all federal and state local income taxes and social security and Medicare taxes and other legally-required payments on sums received from the Company. The Company will provide You with an IRS Form 1099 evidencing all consulting fees paid by it to You in connection with this engagement. You will also be solely responsible for any comprehensive general liability, automobile or other insurance which You decide to obtain and keep in effect. (b) Because You are an independent contractor, neither You nor any dependent or other individual claiming through You will be eligible to participate in, or receive benefits under, any of the employee benefit plans maintained by the Company or any of its Affiliates (the “Plans”). You hereby waive all rights to participate in, or receive benefits under, the Plans. You also agree not to make any claim under any of the Plans and You agree to indemnify and hold the Company, its Affiliates, the Plans and all those connected with them harmless from all liabilities and expenses in any way arising out of any such claim by You or by anyone claiming through You. (c) Any reimbursements or in-kind benefits provided hereunder that would constitute nonqualified deferred compensation subject to Section 409A of the Internal Revenue Code of 1986, as amended from time to time, and guidance issued thereunder, including exemptive and transition relief provisions shall be subject to the following additional rules: (i) no reimbursement of any such expense shall affect your right to reimbursement of any other such expense in any other taxable year; (ii) reimbursement of the expense shall be made not later than the end of your taxable year following the taxable year in which the expense was incurred; and (iii) the right to reimbursement shall not be subject to liquidation or exchange for any other benefit.

Taxes, Insurance and Benefits. As an independent contractor, you shall be solely responsible for all employment-related insurance, including but not limited to workers' compensation insurance, unemployment insurance, if required, and for the withholding and payment of all federal and state and local income taxes and social security and Medicare taxes and other legally-required payments on sums received from the Company. You will also be solely responsible for any comprehensive general liability, automobile or other insurance which you decide to obtain and keep in effect. You agree to indemnify and hold the Company and all those connected with it harmless to the full extent lawful against any and all claims, losses, damages, liabilities, costs and expenses as incurred (including all reasonable fees, expenses and disbursements of counsel) in any way arising from your breach of your obligations hereunder. Because you are an independent contractor, neither you nor any dependent or other individual claiming through you will be eligible to participate in, or receive benefits under, any of the employee benefit plans maintained by the Company or any of its affiliates. You hereby waive all rights to participate in, or receive benefits under, any of the Company’s or any of its affiliates’ plans. You also agree not to make any claim under any of the Company’s or any of its affiliates’ plans and you agree to indemnify and hold the Company and its plans and all those connected with them harmless to the full extent lawful against any and all claims, losses, damages, liabilities, costs and expenses as incurred (including all reasonable fees, expenses and disbursements of counsel) in any way arising out of any such claim by you or by anyone claiming through you.