Transaction Payroll Taxes definition

Transaction Payroll Taxes means all employer portion payroll or employment Taxes incurred in connection with any bonuses, option cash-outs or other compensatory payments in connection with the Transactions.

Transaction Payroll Taxes means the employer portion of any payroll or employment Taxes incurred under applicable Tax Law by the Company and its subsidiaries as of the Closing Date with respect to compensatory payments in connection with the transactions contemplated by this Agreement, including any bonuses, option exercises and cash-outs.

Transaction Payroll Taxes means all employer portion payroll or employment Taxes incurred in connection with (a) cancellation of and payment for Company Options pursuant to Section 2.7.4 and (b) any Change of Control Payments.

Examples of Transaction Payroll Taxes in a sentence

• HinduWithin Northampton there has been an increase in the percentage of Hindus between 2001 and 2011, from 1.15% of the population to 1.6% of the population (0.045% increase per year).

• The Representative shall pay to the Surviving Corporation by wire transfer of immediately available funds no later than two (2) Business Days prior to the date of such payroll cycle (i) the aggregate amount of such requested payments, plus (ii) the aggregate Transaction Payroll Taxes to be incurred in connection with such requested payments.

• The Representative shall also use the funds held in the Representative Holdback Account to pay any amounts required to be paid by or on behalf of the Company or the Stockholders, including amounts payable pursuant to Section 2.5(d), Section 8.2(a), Section 9.1(a), Section 9.1(b), Section 9.3(a) or Section 9.6, as well as amounts payable to Phantom Plan Recipients pursuant to Section 2.7 (including the related Transaction Payroll Taxes).

• Any Taxes of the Company relating or attributable to any Pre-Closing Tax Period that are not paid as of the Closing, including any such Taxes that are not yet due and payable and including Transaction Payroll Taxes, will be included in Total Current Liabilities for purposes of calculating the Final Adjustment Amount.

• All MTB Contingent Payment Amounts paid to the MTB Plan Participants shall be paid to the MTB Plan Participants (less any amounts required to be deducted and withheld by Parent, UK Acquiror, the Surviving Corporation and/or any Company Subsidiary under applicable Law in connection with such MTB Contingent Payment Amount and all Transaction Payroll Taxes associated with such MTB Contingent Payment Amount payable by Parent, UK Acquiror, the Surviving Corporation and/or any Company Subsidiary).

More Definitions of Transaction Payroll Taxes

Transaction Payroll Taxes means the employer portion of any payroll and employment Taxes (including social security, Medicare, and unemployment) that Seller incurs with respect to the Change of Control Payments.

Transaction Payroll Taxes means the employer portion of any payroll or similar Taxes, including employment insurance contributions and premiums incurred by the Company prior to the Closing in connection with any bonuses, retention, change-in-control or similar payments in connection with the Transactions.

Transaction Payroll Taxes means the employer portion of any employment or payroll Taxes with respect to any bonuses, option cashouts or other compensatory payments, payable at Closing, in connection with the consummation of the transactions contemplated by this Agreement, other than the Parent FICA Taxes, whether payable by Parent, the Surviving Corporation, the Company or any of their Affiliates.

Transaction Payroll Taxes means the employer portion of any payroll or employment Taxes incurred or accrued with respect to any bonuses, option exercises and cashouts, change of control or other compensatory payments made in connection with the transactions contemplated by this Agreement.

Transaction Payroll Taxes means the employer portion of any employment or payroll Taxes with respect to any bonuses, severance, option cashouts, Change in Control Payments or other compensatory payments in connection with the transactions contemplated by this Agreement, whether payable by Buyer, the Company or its Subsidiaries.

Transaction Payroll Taxes means the employer portion of any payroll or employment Taxes incurred or accrued with respect to any Transaction Compensation.

Transaction Payroll Taxes means the employer portion of payroll or other employment Taxes incurred in connection with any bonuses, option cashouts or other compensatory payments made in connection with the transactions contemplated by this Agreement (including payments with respect to Restricted Stock), in each case, that become payable on or around the Closing Date, whether payable by Parent, the Company or any of its Subsidiaries. For avoidance of doubt, Transaction Payroll Taxes shall not include any payroll or other employment Taxes incurred in connection with payments made pursuant to Section 1.9(f)(i) or releases from the Escrow Fund or SR Expense Fund to Escrow Equity Holders.