CAPACITY OF PERSONNEL AND STATUS OF FACILITIES. Whenever Parent utilizes its personnel to perform services for Company pursuant to this Agreement, such personnel shall at all times remain employees of Parent, and Parent shall alone retain full liability for their compensation, employee benefits, payroll deductions and legally required employer contributions and withholding tax obligations. No facility of Parent or its affiliates used in performing services for or subject to use by Company pursuant to this Agreement shall be deemed to be transferred, assigned, conveyed or leased by performance or use. The foregoing shall not preclude the Company from hiring its own employees, nor shall it preclude the Company's employees from also being employees of
Appears in 2 contracts
Samples: Administrative Services Agreement (SBM Certificate Co), Administrative Services Agreement (SBM Certificate Co)
CAPACITY OF PERSONNEL AND STATUS OF FACILITIES. Whenever Parent utilizes its personnel to perform services for Company pursuant to this Agreement, such personnel shall at all times remain employees of Parent, and Parent shall alone retain full liability for their compensation, employee benefits, payroll deductions and legally required employer contributions and withholding tax obligations. No facility of Parent or its affiliates used in performing services for or subject to use by Company pursuant to this Agreement shall be deemed to be transferred, assigned, conveyed or leased by performance or use. The foregoing shall not preclude the Company from hiring its own employees, nor shall it preclude the Company's employees from also being employees ofof Parent. In the latter case, liabilities for joint employee costs may be shared by Parent and the Company on such basis as Parent and the Company may agree upon.
Appears in 1 contract
Samples: Administrative Services Agreement (SBM Certificate Co)
CAPACITY OF PERSONNEL AND STATUS OF FACILITIES. Whenever Parent utilizes its personnel to perform services for Company pursuant to this Agreement, such personnel shall at all times remain employees of Parent, and Parent shall alone retain full liability for their compensation, employee benefits, payroll deductions and legally required employer contributions and withholding tax obligations. No facility of Parent or its affiliates subsidiaries used in performing services for or subject to use by Company pursuant to this Agreement shall be deemed to be transferred, assigned, conveyed or leased by performance or use. The foregoing shall not preclude the Company from hiring its own employees, nor shall it preclude the Company's employees from also being employees ofof Parent.
Appears in 1 contract
Samples: Administrative Services Agreement (SBM Certificate Co)