Common use of Payroll Services Clause in Contracts

Payroll Services. Crown will provide access to KRONOS software on Crown’s Philadelphia IBM AS400 for inputting employee time and attendance information. · Crown will process payroll information, generate payroll reports, withhold and process the employee benefit premiums, the employees’ contributions to flexible spending accounts and repayments of outstanding loans under the 401(k) Retirement Savings Plan, process garnishments and any other required payroll transactions and print and mail payroll checks to Constar. Government tax reporting and unemployment claims services shall be in accordance with Federal, state and local laws. Constar will be responsible for funding payroll and making all tax remittances. · Constar will use, or obtain, if necessary, its own Federal Employer Identification Number and any other Federal, state or local identifying account numbers necessary for any employer related reporting following Closing which shall be used by Crown for all government required reporting. · Constar will pay Crown $1.25 for each payroll check or voucher issued on behalf of Constar and reimburse Crown for payroll distribution expenses such as postage, check stock and envelopes. Constar will also reimburse Crown for any programming revisions required to implement this Transition Services Agreement, or which are requested by Constar (e.g. 401(k) transmission program, stock purchase plan program, etc.). Constar will not reimburse Crown for any programming revisions that are not required exclusively for the benefit of Constar. Constar may extend the term of these services beyond December 31, 2003 for a minimum of six months upon 90 days notice to Crown in advance of the term’s expiration.

Payroll Services. Crown will provide access to KRONOS software on Crown’s Philadelphia IBM AS400 for inputting employee time and attendance information. · Crown will process payroll information, generate payroll reports, withhold and process the employee benefit premiums, the employees’ contributions to flexible spending accounts and repayments of outstanding loans under the 401(k) Retirement Savings Plan, process garnishments and any other required payroll transactions and print and mail payroll checks to Constar. Government tax reporting and unemployment claims services shall be in accordance with Federal, state and local laws. Constar will be responsible for funding payroll and making all tax remittances. · Constar will use, or obtain, if necessary, its own Federal Employer Identification Number and any other Federal, state or local identifying account numbers necessary for any employer related reporting following Closing which shall be used by Crown for all government required reporting. · Constar will pay Crown $1.25 [***] for each payroll check or voucher issued on behalf of Constar and reimburse Crown for payroll distribution expenses such as postage, check stock and envelopes. Constar will also reimburse Crown for any programming revisions required to implement this Transition Services Agreement, or which are requested by Constar (e.g. 401(k) transmission program, stock purchase plan program, etc.). Constar will not reimburse Crown for any programming revisions that are not required exclusively for the benefit of Constar. Constar may extend the term of these services beyond December 31, 2003 for a minimum of six months upon 90 days notice to Crown in advance of the term’s expiration.