Payroll Taxes and Reporting. The Parties shall, to the extent practicable, (i) treat Fortive or a member of the Fortive Group as a “successor employer” and Xxxxxxx (or the appropriate member of the Xxxxxxx Group) as a “predecessor,” within the meaning of Sections 3121(a)(1) and 3306(b)(1) of the Code, with respect to Fortive Employees for purposes of Taxes imposed under the United States Federal Unemployment Tax Act or the United States Federal Insurance Contributions Act, and (ii) cooperate with each other to avoid, to the extent possible, the filing of more than one IRS Form W-2 with respect to each Fortive Employee for the calendar year in which the Effective Time occurs.
Appears in 2 contracts
Samples: Employee Matters Agreement, Employee Matters Agreement (Fortive Corp)
Payroll Taxes and Reporting. The Parties shall, to the extent practicable, (i) treat Fortive Envista or a member of the Fortive Envista Group as a “successor employer” and Xxxxxxx (or the appropriate member of the Xxxxxxx Group) as a “predecessor,” within the meaning of Sections 3121(a)(1) and 3306(b)(1) of the Code, with respect to Fortive Envista Employees for purposes of Taxes imposed under the United States Federal Unemployment Tax Act or the United States Federal Insurance Contributions Act, and (ii) cooperate with each other to avoid, to the extent possible, the filing of more than one IRS Form W-2 with respect to each Fortive Envista Employee for the calendar year in which the Effective Time occurs.
Appears in 2 contracts
Samples: Employee Matters Agreement (Envista Holdings Corp), Employee Matters Agreement (Envista Holdings Corp)