Participant Responsibility Clause Samples

Participant Responsibility. Participant acknowledges and agrees that the ultimate liability for all taxes legally due by him or her is and remains Participant’s responsibility and that the Company and/or the Subsidiary: (i) make no representations nor undertakings regarding the treatment of any taxes in connection with any aspect of this Award, including the grant or vesting of the Shares subject to this Award or the subsequent sale of Shares acquired pursuant to such vesting; and (ii) do not commit to structure the terms of the grant or any aspect of this Award to reduce or eliminate Participant’s liability for taxes. In addition, Participant shall pay the Company or the Subsidiary any amount of Tax Withholding Amounts that the Company or the Subsidiary may be required to withhold as a result of Participant’s participation in the Plan that cannot be satisfied by the means previously described. The Company may refuse to deliver the Shares if Participant fails to comply with Participant’s obligations in connection with the Tax Withholding Amounts.

Participant Responsibility. The Participant shall be responsible for the maintenance, repair and operation of all necessary lane and computer equipment for its Facility System through and including its host computer to ensure that it performs hereunder and in accordance with the Business Rules and Procedures. In no event shall VDOT have any liability to the Participant for any losses suffered due to equipment failure or error in the Participant’s Facility System from the lane level through the Participant’s host computer. If VDOT gives the Participant a written notice stating that the Facility System is not operating in accordance with this Agreement or the Business Rules and Procedures, and specifying the reasons, the Participant shall promptly initiate appropriate corrective action. The Participant shall include VDOT in all decisions relating to any such situation. The Participant shall notify VDOT of all changes in the Facility Systems that can reasonably be anticipated to affect VDOT or its provision of Violations Processing Services under this Agreement.

Participant Responsibility. The Participant shall be responsible for ensuring that any rollover contribution or transfer of assets pursuant to this Article 3.10 of this Appendix is a proper rollover contribution or transfer of assets under the Code that is excludable from the Participant’s gross income and does not constitute an excess contribution under section 4973 of the Code. Neither the Master Custodial Administration Agreement Administrator, the Custodian, and/or Plan Administrator, nor any affiliate of either the Custodian or the Plan Administrator or any affiliate of the Master Custodial Administration Agreement Administrator or Administration Firm, shall be responsible for any adverse tax consequences that may result to the Participant should any rollover contribution or transfer of assets duly authorized by the Participant be determined not to constitute a proper rollover contribution or transfer of assets under the Code.

Participant Responsibility. Neither the Master Custodial Administration Agreement Administrator nor the Custodian nor any affiliate of the Custodian or Master Custodial Administration Agreement Administrator shall have any duty or responsibility to determine whether any contributions to the Account exceed the limits of this Article.

Participant Responsibility. A. Participant warrants that Participant is both a licensed real estate broker and Participant of MSBR. B. Participant warrants that Authorized User possesses a valid real estate license and is in fact associated with Participant in an active effort to sell real estate or is a licensed or certified real estate appraiser affiliated with the MSBR Participant. C. Participant agrees to enforce the terms of the Agreement with respect to any Authorized User associated with him/her and understands that he/she is not relieved of any responsibility or obligation by the mere fact of such disassociation with Authorized User. D. Participant agrees to notify MSBR immediately, in writing, should the Participant or Authorized User terminate their relationship, or should the Authorized User's license be transferred. E. Participant agrees to take all responsible means to obtain Authorized User's Smart Card or cause Authorized User to return Smart Card to MSBR. The Participant will continue to be charged a service fee for the disassociated subscriber until the next billing cycle after the card is returned. If an Authorized User does not return the Smart Card, Participant agrees to furnish MSBR with copies of written correspondence of all attempts made to obtain said Smart Card. F. Participant agrees that he/she is jointly and severally liable, together with the Authorized User, for all duties, responsibilities and undertakings of the Authorized User under this Agreement and understands that failure to follow the provisions of the SentriLock Smart Card User Agreement may result in the loss of MSBR Smart Card privileges and, further, could cause MSBR to recall all Smart Cards issued to the Participant and the Participant's Authorized Users.

Participant Responsibility. Participant shall pay to YUM! or the Employer any amount of Tax-Related Items that YUM! or the Employer may be required to withhold or account for as a result of Participant’s participation in the Plan that cannot be satisfied by the means previously described in this Section 4. YUM! may refuse to issue or deliver the Stock or the proceeds from the sale of Stock, if Participant fails to comply with his or her obligations in connection with the Tax-Related Items.

Participant Responsibility. (a) Participant acknowledges and agrees that Data Republic is a platform provider only. Data Republic takes no responsibility of any kind for the conduct and content of any Third Party Exchanges which take place under your direction and control. (b) You acknowledge and agree that Data Republic makes no representations or warranties as to the quality or provenance of, the whole or any component part of, any data or Data Product exchanged pursuant to a Third Party Exchange. (c) You acknowledge and agree that you are responsible for ensuring that all appropriate Consents have been obtained in relation to all Third Party Exchanges which take place in your Governed Space. (d) You indemnify Data Republic against any and all Loss or Claims relating to and arising out of all Third Party Exchanges.

Participant Responsibility. Participant is ultimately liable and responsible for all taxes owed in connection with the Award, regardless of any action the Participating Company Group takes with respect to any tax withholding obligations that arise in connection with the Award. No member of the Participating Company Group makes any representation or undertaking regarding the treatment of any tax withholding in connection with the Award or the subsequent sale of Common Stock. The Participating Company Group does not commit and is under no obligation to structure the Award to reduce or eliminate Participant’s tax liability.

Participant Responsibility. Participant is ultimately liable and responsible for all taxes owed in connection with the Option, regardless of any action the Participating Company Group takes with respect to any tax withholding obligations that arise in connection with the Option. No member of the Participating Company Group makes any representation or undertaking regarding the treatment of any tax withholding in connection with the awarding, vesting or exercise of the Option or the subsequent sale of Common Stock. The Participating Company Group does not commit and is under no obligation to structure the Option to reduce or eliminate Participant’s tax liability.