PAYROLL AND BENEFITS SERVICES Sample Clauses

PAYROLL AND BENEFITS SERVICES. The Buyer intends and shall be exclusively responsible for payroll, employee benefits, worker’s compensation insurance and other related matters for all Company employees. Seller shall make itself reasonably available for a period of 30 days for assistance and guidance by answering Buyer inquiries on a reasonable timeline related to salaries and benefits, facilitating the transition of third-party service providers and payroll to Buyer control, and providing contact information to interested third parties as necessary and appropriate.
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PAYROLL AND BENEFITS SERVICES. The Riata Entities may provide to TransAtlantic from time to time upon TransAtlantic’s request “Payroll and Benefits Services” (as that term is defined in this Article III) pursuant to the following terms and conditions:
PAYROLL AND BENEFITS SERVICES. The Company agrees to provide to the Wxxxxxxx Entities “Payroll and Benefits Services” (as that term is defined in this Article IV) pursuant to the following terms and conditions:
PAYROLL AND BENEFITS SERVICES. Manager shall be exclusively responsible for causing the Company to manage payroll, benefits, and related matters for all employees who work primarily or exclusively for the Operation.
PAYROLL AND BENEFITS SERVICES. 1. Payroll Services: Seller shall provide Buyer with continued access to Seller's payroll processing application for payrolls that are processed subsequent to the Closing Date, and prior to the end of calendar year 2002, for payments that are considered Seller wages and Seller W-2 applicable. Seller further agrees that Seller shall be responsible for the issuance to employees of forms W-2 for calendar year 2002. To the extent that the closing is consummated in the middle of a payroll cycle, Buyer will reimburse Seller for the prorated gross payroll associated with post closing wages for that cycle. This reimbursement will be calculated by multiplying total gross wages for the final pay cycle by a fraction, with such fraction being the number of post closing days in the final pay cycle divided by the total number of days in the final pay cycle.

Related to PAYROLL AND BENEFITS SERVICES

  • Compensation and Benefits As compensation for all services performed by the Executive under and during the term hereof and subject to performance of the Executive’s duties and of the obligations of the Executive to the Company and its Affiliates, pursuant to this Agreement or otherwise:

  • Accrued Compensation and Benefits Notwithstanding anything to the contrary in Section 2 and 3 above, in connection with any termination of employment upon or following a Change in Control (whether or not a Qualifying Termination or CIC Qualifying Termination), the Company or its subsidiary shall pay Executive’s earned but unpaid base salary and other vested but unpaid cash entitlements for the period through and including the termination of employment, including unused earned vacation pay and unreimbursed documented business expenses incurred by Executive prior to the date of termination (collectively “Accrued Compensation and Expenses”), as required by law and the applicable Company or its subsidiary, as applicable, plan or policy. In addition, Executive shall be entitled to any other vested benefits earned by Executive for the period through and including the termination date of Executive’s employment under any other employee benefit plans and arrangements maintained by the Company or its subsidiary, as applicable, in accordance with the terms of such plans and arrangements, except as modified herein (collectively “Accrued Benefits”). Any Accrued Compensation and Expenses to which the Executive is entitled shall be paid to the Executive in cash as soon as administratively practicable after the termination, and, in any event, no later than two and one-half (2-1/2) months after the end of the taxable year of the Executive in which the termination occurs or at such earlier time as may be required by applicable law or Section 10 below, and to such lesser extent as may be mandated by Section 9 below. Any Accrued Benefits to which the Executive is entitled shall be paid to the Executive as provided in the relevant plans and arrangements.

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