Common use of Payment of PP Seconded Employee's Salary and Benefits Clause in Contracts

Payment of PP Seconded Employee's Salary and Benefits. During the period ----------------------------------------------------- of secondment, PP shall be responsible for paying the PP Seconded Employee's salary and benefits package, including employment taxes, to, in respect of, or on behalf of the PP Seconded Employee consistent with PP salary and benefits payment policies. The Company shall pay PP an amount equal to one hundred per cent (100%) of each PP Seconded Employee's salary (prior to withholding of any taxes), benefits, and taxes paid by PP to, in respect of, or on behalf of that employee during the period of the secondment. The foregoing amount paid for salary, benefits, and taxes shall be adjusted after actual increases in salary, benefits, and/or taxes paid by PP to, in respect of, or on behalf of the PP Seconded Employee, provided that PP shall have produced evidence to the Company of any such actual increases in salary, benefits, and/or taxes paid by PP. The Company shall make such payment at the end of the month for which the PP Seconded Employee will be seconded to the Company. The Company's benefit package shall not apply to Seconded Employees. PP shall deliver to the Company copies of the PP Seconded Employee's most recent salary, benefit, and tax information at the beginning of the secondment period. PP shall be responsible for filing all tax, social security and other statements for each PP Seconded Employee as may be required under applicable Governmental Regulations. Upon request of the Company, PP shall provide the Company with copies of returns, receipts or similar documents showing that all the taxes and social security payments (if any) have been made to the applicable Governmental Authorities. PP shall indemnify the Company against any claims by the PP Seconded Employees or any applicable Governmental Authority with respect to the payment of wages, salaries, taxes, social security payments, other payments resulting from the termination of employment by PP or the proper filing of returns with any applicable Governmental Authorities with respect to the foregoing.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Plug Power Inc), Limited Liability Company Agreement (Plug Power Inc), Limited Liability Company Agreement (Plug Power Inc)

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