Income Reporting, Withholding. Lilly and the Company shall, to the extent practicable, (i) treat the Company (or a member of the Company Group designated by the Company) as a “successor employer” and Lilly (or the appropriate Lilly Group member) as a “predecessor,” within the meaning of Sections 3121(a)(1) and 3306(b)(1) of the Code, with respect to Company Transferred Employees for purposes of taxes imposed under the United States Federal Unemployment Tax Act or the United States Federal Insurance Contributions Act, and (ii) cooperate with each other to avoid, to the extent possible, the filing of the more than one IRS Form W-2 with respect to each Company Transferred Employee for the year in which the Effective Date occurs. Without limiting in any manner the obligations and Liabilities of the parties under the Tax Matters Agreement, Lilly, each Lilly Group member, the Company and each Company Group member shall 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 Employee Transfer Date, including compensation related to the exercise of options or the vesting or exercise of other equity awards.
Income Reporting, Withholding. Agilent and Verigy shall use their commercially reasonable best efforts to cause the Agilent human resources management system to be split into two separate systems on the Separation Date. Verigy shall perform the income reporting and withholding function under its own employer identification number for Verigy Transferred Employees, other Verigy Employees and other service providers, commencing with service periods beginning on or after the Separation Date. Agilent shall continue to perform the income reporting and withholding function for Agilent Employees and other service providers.
Income Reporting, Withholding. REI shall perform in the same manner as in effect on the date of this Agreement the income reporting and withholding function under Resources's employer identification number for employees of the Resources Group and other service providers as required by the Transition Services Agreement.
Income Reporting, Withholding. Mead Johnson shall perform the income reporting and withholding function under its own employer identification number for Mead Johnson Transferred Employees and its service providers, commencing with service periods beginning on or after the Separation Date.
Income Reporting, Withholding. Commencing with service periods beginning after the division of the payroll services, Clearwater shall perform or be responsible for performing the income reporting and withholding function under its own employer identification number for Clearwater Employees and its other service providers, and Potlatch shall perform or be responsible for performing the income reporting and withholding function for Potlatch Employees and its other service providers.
Income Reporting, Withholding. Air Products and Versum shall, to the extent practicable, (i) treat Versum (or a member of Versum Group designated by Versum) as a “successor employer” and Air Products (or the appropriate Air Products Group member) as a “predecessor,” within the meaning of Sections 3121(a)(1) and 3306(b)(1) of the Code, with respect to Versum Employees for purposes of taxes imposed under the United States Federal Unemployment Tax Act or the United States Federal Insurance Contributions Act, and (ii) cooperate with each other to avoid, to the extent possible, the filing of the more than one IRS Form W-2 with respect to each Versum Employee for the year in which the Distribution occurs. Without limiting in any manner the obligations and Liabilities of the parties under the Tax Matters Agreement, Air Products, each Air Products Group member, Versum and each Versum Group member shall 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 Employee Transfer Date, including compensation related to the exercise of options or the vesting, settlement or exercise of other equity awards, subject to Section 11.9 hereof.
Income Reporting, Withholding. STC shall perform in the same manner as in effect on the date of this Agreement the income reporting and withholding function under NPTest's employer identification number for employees of the NPTest Group and other service providers as required by the Transition Services Agreement.
Income Reporting, Withholding. Southern shall perform in the same manner as in effect on the date of this Agreement the income reporting and withholding function under Southern Energy's employer identification number for Southern Energy Employees and other service providers, commencing with service periods beginning on or after the Distribution Date and ending as of the last day of the sixth month following the Distribution Date or such later date as Southern and Southern Energy may mutually agree. Southern Energy shall hold Southern harmless with respect to any Liabilities arising after the Distribution Date as a result of the provisions of such income reporting and withholding function as set forth in the Transitional Services Schedule concerning payroll matters.
Income Reporting, Withholding. HC and the Company shall, to the extent practicable, (i) treat the Company (or a member of the Company Group designated by the Company) as a “successor employer” and HC (or the appropriate HC Group member) as a “predecessor,” within the meaning of Sections 3121(a)(1) and 3306(b)(1) of the Code, with respect to Company Employees for purposes of taxes imposed under the United States Federal Unemployment Tax Act or the United States Federal Insurance Contributions Act, and (ii) cooperate with each other to avoid, to the extent possible, the filing of the more than one IRS Form W-2 with respect to each Company Employee for the year in which the IPO occurs. Without limiting in any manner the obligations and Liabilities of the parties under the Tax Matters Agreement, HC, each HC Group member, the Company and each Company Group member shall 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 IPO, including compensation related to the vesting of Phantom Stock Units, subject to Section 11.2 hereof.
Income Reporting, Withholding. Compuware shall perform in the same manner as in effect on the date of this Agreement the income reporting and withholding function under Covisint’s employer identification number for Covisint Employees and other service providers as required by the Shared Services Agreement.
