Common use of Affordable Care Act Clause in Contracts

Affordable Care Act. Seller and any Seller Personnel who earn United States source income and are providing personnel performing services under this Purchase Order, shall comply with the United States Patient Protection and Affordable Care Act of 2010 and its related statutes and regulations (collectively, the “ACA”) as it pertains to the Seller Personnel assigned to TI under this Purchase Order, including providing all Seller Personnel with minimum essential and affordable health coverage within the meaning of the ACA, and timely making all required filings under the ACA. The parties understand and agree that Seller, and not TI, is the common law employer of the personnel Seller employs to provide services to TI. However, if TI is deemed by the IRS to be the common law employer of any Seller Personnel, the parties agree to take all actions necessary in order to allow the parties to rely on the Treas. Reg. Sec. 54.4980H-4(b)(2) safe harbor to credit TI with the offer of health benefit coverage made by Seller, including TI paying an additional amount upfront to offer this coverage. Xxxxxx agrees to indemnify, defend, protect and save TI, from and against any and all claims, causes of action, penalties, taxes, assessments, interest, or other amount, arising (directly or indirectly) out of Seller’s failure to comply with the requirements of this Section.

Appears in 6 contracts

Samples: www.ti.com, www.ti.com.cn, wpl.ext.ti.com

AutoNDA by SimpleDocs

Affordable Care Act. Seller and any Seller Personnel who earn United States source income and are providing personnel performing services under this Purchase Order, shall comply with the United States Patient Protection and Affordable Care Act of 2010 and its related statutes and regulations (collectively, the “ACA”) as it pertains to the Seller Personnel assigned to TI under this Purchase Order, including providing all Seller Personnel with minimum essential and affordable health coverage within the meaning of the ACA, and timely making all required filings under the ACA. The parties understand and agree that Seller, and not TI, is the common law employer of the personnel Seller employs to provide services to TI. However, if TI is deemed by the IRS to be the common law employer of any Seller Personnel, the parties agree to take all actions necessary in order to allow the parties to rely on the Treas. Reg. Sec. 54.4980H-4(b)(2) safe harbor to credit TI with the offer of health benefit coverage made by Seller, including TI paying an additional amount upfront to offer this coverage. Xxxxxx agrees to indemnify, defend, protect and save TI, from and against any and all claims, causes of action, penalties, taxes, assessments, interest, or other amount, arising (directly or indirectly) out of Seller’s failure to comply with the requirements of this Section.

Appears in 3 contracts

Samples: www.tij.co.jp, wpl.ext.ti.com, www.ti.com.cn

Affordable Care Act. Seller and any Seller Personnel who earn United States source income and are providing personnel performing services under this Purchase Order, shall comply with the United States Patient Protection and Affordable Care Act of 2010 and its related statutes and regulations (collectively, the “ACA”) as it pertains to the Seller Personnel assigned to TI under this Purchase Order, including providing all Seller Personnel with minimum essential and affordable health coverage within the meaning of the ACA, and timely making all required filings under the ACA. The parties understand and agree that Seller, and not TI, is the common law employer of the personnel Seller employs to provide services to TI. However, if TI is deemed by the IRS to be the common law employer of any Seller Personnel, the parties agree to take all actions necessary in order to allow the parties to rely on the Treas. Reg. Sec. 54.4980H-4(b)(254.4980H- 4(b)(2) safe harbor to credit TI with the offer of health benefit coverage made by Seller, including TI paying an additional amount upfront to offer this coverage. Xxxxxx agrees to indemnify, defend, protect and save TI, from and against any and all claims, causes of action, penalties, taxes, assessments, interest, or other amount, arising (directly or indirectly) out of Seller’s failure to comply with the requirements of this Section.

Appears in 1 contract

Samples: www.ti.com

AutoNDA by SimpleDocs

Affordable Care Act. Seller and any Seller Personnel who earn United States source income and are providing personnel performing services under this Purchase Order, shall comply with the United States Patient Protection and Affordable Care Act of 2010 and its related statutes and regulations (collectively, collectively the “ACA”) as it pertains to the Seller Personnel assigned to TI under this Purchase OrderOrder , including providing all Seller Personnel with minimum essential and affordable health coverage within the meaning of the ACA, and timely making all required filings under the ACA. ACA The parties understand and agree that Seller, and not TI, is the common law employer of the personnel Seller employs to provide services to TI. However, However if TI is deemed by the IRS to be the common law employer of any Seller Personnelpersonnel, the parties agree to take all actions necessary in order to allow the parties to rely on the Treas. Reg. Sec. 54.4980H-4(b)(2) safe harbor to credit TI with the offer of health benefit coverage made by Seller, including TI paying an additional amount upfront to offer this coverage. Xxxxxx agrees to indemnify, defend, protect and save TI, from and against any and all claims, causes of action, penalties, taxes, assessments, interest, or other amount, arising (directly or indirectly) out of Seller’s failure to comply with the requirements of this Section.

Appears in 1 contract

Samples: www.ti.com

Time is Money Join Law Insider Premium to draft better contracts faster.