Payroll Taxes and Reporting of Compensation. Parent and Xxxx shall, and shall cause the other Parent Entities and the other Xxxx Entities to, respectively, take such action as may be reasonably necessary or appropriate in order to minimize Liabilities related to payroll taxes after the A/L Split Date. Parent and Xxxx shall, and shall cause the other Parent Entities and the other Xxxx Entities to, respectively, each bear its responsibility for payroll tax obligations and for the proper reporting to the appropriate governmental authorities of compensation earned by their respective employees after the A/L Split Date, including compensation related to the exercise, vesting, settlement or disposition of, or other taxable event relating to, Equity Awards.
Appears in 4 contracts
Samples: Employee Matters Agreement (Netgear, Inc), Employee Matters Agreement (Arlo Technologies, Inc.), Employee Matters Agreement (Arlo Technologies, Inc.)
