Form W-2 Reporting. Inland American and Xenia shall, and shall cause the other Inland American Entities and the other Xenia Entities to, respectively, take such action as may be reasonably necessary or appropriate in order to minimize Liabilities related to payroll taxes after the Effective Time. Inland American and Xenia shall, and shall cause the other Inland American Entities and the other Xenia Entities to, respectively, each bear its responsibility for payroll tax obligations and for the proper reporting to the appropriate governmental authorities of compensation earned by their respective employees after the Effective Time.
Appears in 2 contracts
Sources: Employee Matters Agreement (Inland American Real Estate Trust, Inc.), Employee Matters Agreement (Xenia Hotels & Resorts, Inc.)