Common use of Payments to Certain Individuals Clause in Contracts

Payments to Certain Individuals. In order to ensure compliance with applicable Tax requirements, notwithstanding anything to the contrary herein, any payments that are compensation for services performed for Income Tax purposes and are made in connection with the Transaction to any individual employed by the Company or any of its Subsidiaries shall be made through the payroll processing system of the Surviving Company and its Subsidiaries.

Appears in 1 contract

Samples: Equity Purchase and Merger Agreement (Roper Technologies Inc)

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Payments to Certain Individuals. In order to ensure compliance with applicable Tax requirements, notwithstanding anything to the contrary herein, any payments that are compensation compensatory for services performed for Income income Tax purposes and are made in connection with the Transaction transactions contemplated hereby to any individual employed by the Company or any of its Subsidiaries shall be made through the payroll processing system of the Surviving Company and its Subsidiaries.

Appears in 1 contract

Samples: Stock Purchase Agreement (Whole Earth Brands, Inc.)

Payments to Certain Individuals. In order to ensure compliance with applicable Tax requirements, notwithstanding anything to the contrary herein, any payments that are compensation for services performed compensatory for Income Tax purposes and are made in connection with the Transaction transactions contemplated hereby to any individual employed by the Company or any of its Subsidiaries shall be made through the payroll processing system of the Surviving Company and its Subsidiaries.

Appears in 1 contract

Samples: Unit Purchase Agreement (Fat Brands, Inc)

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Payments to Certain Individuals. In order to ensure compliance with applicable Tax requirements, notwithstanding anything to the contrary herein, any payments that are compensation for services performed compensatory for Income Tax purposes and are made in connection with the Transaction transactions contemplated hereby to any individual employed by the Company or any of its Subsidiaries shall be made through the payroll processing system of the Surviving Company and its Subsidiaries.

Appears in 1 contract

Samples: Stock Purchase Agreement (Providence Service Corp)

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