Payroll Taxes and Withholdings Clause Samples
The Payroll Taxes and Withholdings clause defines the responsibility for deducting and remitting applicable payroll taxes and other required withholdings from employee compensation. Typically, this clause clarifies that the employer is obligated to withhold federal, state, and local taxes, as well as Social Security, Medicare, and any other legally mandated deductions from wages or salaries. By specifying these duties, the clause ensures compliance with tax laws and prevents disputes over tax liabilities between the employer and employee.
Payroll Taxes and Withholdings. University shall be solely responsible for any payroll taxes, withholdings, and insurance or benefits of any kind for University’s employees, if any, who provide services to the Program under this Agreement. Students are not employees or agents of the University and shall receive no compensation for their participation in the Program, from the University. For purposes of this agreement, however, students are trainees and shall be considered members of Clinical Site’s “workforce” as that term is defined by the HIPAA regulations at 45 C.F.R. § 160.103.
Payroll Taxes and Withholdings. School shall be solely responsible for any payroll taxes, withholdings, workers’ compensation and any other insurance or benefits of any kind for employees and agents of School, including, without limitation, Instructors, participating under this Agreement. School shall defend, indemnify, and hold Hospital harmless from all liability and responsibility therefore.
Payroll Taxes and Withholdings. All Severance Benefits provided for in this Section 3 shall, to the extent required, be subject to ordinary and required payroll taxes, deductions and income tax withholding.
Payroll Taxes and Withholdings. University shall be solely responsible for any payroll taxes, withholdings, workers’ compensation, and any other insurance or benefits of any kind for employees of University performing under this Agreement. University shall defend, indemnify and hold Institution harmless against all claims against Institution by employees of University with respect to payroll taxes, withholdings, workers’ compensation, and other insurance benefits.
Payroll Taxes and Withholdings. Institution shall be solely responsible for any payroll taxes, withholdings, workers’ compensation and any other insurance or benefits of any kind for employees and agents of Institution providing services under this Agreement. Institution shall defend, indemnify and hold Institution harmless against all claims against University by employees or agents of Institution with respect to payroll taxes, withholdings, workers’ compensation and other insurance benefits.
Payroll Taxes and Withholdings. (a) The Individual Payments shall be allocated fifty (50%) percent to alleged back wages and fifty (50%) percent to alleged interest and/or statutory penalties.
(b) All Individual Payments to Class Members shall be paid as follows:
(i) The amounts that are allocable to unpaid wages shall be paid by separate check from Covance and shall be subject to applicable payroll and withholding taxes (including, but not limited to, federal, state, and local income tax withholding and the employee share of FICA tax). Covance shall be responsible for, and shall pay, any and all applicable employer tax contributions associated with the fifty (50%) percent of the Individual Payments allocated to back wage payments, including the employer share of FICA, all of which shall be in addition to, and not be paid out of, the Gross Settlement Amount.
(ii) The amounts that are allocable to interest and/or statutory penalties shall be paid by a separate check from ILYM Group, from which payroll and withholding taxes shall not be deducted.
(c) As appropriate, Covance will issue an IRS Form W-2 to Class Members for the portions of their Individual Payments that constitute back wages, and ILYM Group will issue an IRS Form 1099 to Class Members for the portion of their Individual Payments that represent interest and/or statutory penalties.
(d) The Named Plaintiffs and each Class Member acknowledge and agree that each will be solely responsible for all taxes, interest, and penalties due to be paid with respect to any payment received pursuant to this Agreement (other than the employer’s share of FICA tax and any unemployment tax due) and will indemnify, defend, and hold Defendants, the other Releasees (as defined in Paragraph 14(a)), and ILYM Group harmless from and against any and all taxes, interest, penalties, attorneys’ fees, and other costs imposed on Defendants, any other Releasee, or ILYM Group as a result of the Named Plaintiffs’ and/or a Class Member’s failure to timely pay such taxes, if any.
(e) The employee portion of all applicable income and payroll taxes will be the responsibility of the individual Class Member receiving a Settlement Check with respect to the 1099 payments, if any.
Payroll Taxes and Withholdings. During the Transitional Period, SYSOREX shall pay or remit to the appropriate taxing authorities and/or governmental agencies, and PARENT shall in turn reimburse SYSOREX for, any and all payroll taxes and withholdings required by law to be paid in connection with Employee’s employment.
Payroll Taxes and Withholdings. (a) Excluding the Service awards, all Individual Payments to Class Members shall be subject to applicable payroll and withholding taxes. MSG shall be responsible for, and shall pay, any and all applicable employer tax contributions associated with wage payments, including, but not limited to, the employer share of FICA, all of which shall be in addition to, and not be paid out of, the Total Settlement Amount.
(b) The Individual Payments shall be allocated fifty (50%) percent to allegedly unpaid wages and fifty (50%) percent to interest and liquidated damages.