Payroll Matters. During the Sale Term, Merchant shall process and pay the base payroll and all related payroll taxes, workers' compensation, employment and unemployment insurance, and benefits for all Retained Employees in accordance with its usual and customary procedures. Any additional personnel hired by Agent for the Sale shall not be deemed to be employees of Merchant, nor shall Merchant be obligated to process the payroll therefor or offer benefits to said additional personnel.
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Payroll Matters. During the Sale Term, Merchant shall process and pay the base payroll and all related payroll taxes, workers' worker's compensation, employment and unemployment insurance, and benefits for all Retained Employees in accordance with its usual and customary procedures. Any additional personnel hired by Agent for the Sale shall not be deemed to be employees of Merchant, nor shall Merchant be obligated to process the payroll therefor or offer benefits to said additional personnel.
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Payroll Matters. During the Sale Term, Merchant shall process and pay the base payroll and all related payroll taxes, workers' worker’s compensation, employment and unemployment insurance, and benefits for all Retained Employees (except for Agent’s employees and independent contractors hired by Agent) in accordance with its usual and customary procedures. Any At Agent’s expense, Merchant shall also process payroll for additional personnel hired by Agent for the Sale shall not be deemed to be employees of Merchant, nor shall Merchant be obligated to process the payroll therefor or offer benefits to said additional personnelSale.
Appears in 1 contract
Samples: Agency Agreement (Rowe Companies)
Payroll Matters. During the Sale Term, Merchant shall process and pay the base payroll and all related payroll taxes, workers' worker’s compensation, employment and unemployment insurance, and benefits for all Retained Employees (except for independent contractors hired by Agent) in accordance with its usual and customary procedures. Any At Agent’s expense, Merchant shall also process payroll for additional personnel hired by Agent for the Sale shall not be deemed to be employees of Merchant, nor shall Merchant be obligated to process the payroll therefor or offer benefits to said additional personnelSale.
Appears in 1 contract
Samples: Agency Agreement