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Statutory Contributions Sample Clauses

Statutory ContributionsThe Employer shall remit statutory contributions for Canada Pension Plan, Employment Insurance and Workers' Compensation Board premiums.
Statutory ContributionsThe Company shall be responsible for making all statutory contributions (including provident fund and gratuity fund) as per the Rules. For avoidance of doubt, it is clarified that, notwithstanding anything contained in the Rules, the Company will not be required to make any contributions towards superannuation fund or annuity fund.
Statutory Contributions. 5.8.1 The Company shall be responsible for making all statutory contributions (including provident fund and gratuity fund) as per the Rules. For avoidance of doubt, it is clarified that, notwithstanding anything contained in the Rules, the Company will not be required to make any contributions towards superannuation fund or annuity fund. 5.8.2 In relation to the Company, any (i) guaranteed bonus entitlement of Xx Xxxxxxx as per Clause 5.6 above; (ii) salary in lieu of notice payable to Xx Xxxxxxx in terms of this Agreement; and/or (iii) pension benefit available to Xx Xxxxxxx in terms of Clause 5.9 of this Agreement shall be adjusted or reduced to the extent of the balance lying to the credit of the provident fund account of Xx Xxxxxxx, any gratuity entitlement of Xx Xxxxxxx and/or to the extent of any contribution made as required by the Applicable Laws, in terms of which benefit accrues to Xx Xxxxxxx.
Statutory ContributionsThe Contractor will become a member of the Employees’ Provident Fund. The Company will contribute 12% of the consolidated salary of the Contractor to the Employees Provident Fund and 3% of the Contractor’s consolidated salary to the Employees Trust Fund during every month of engagement under this contract. The Contractor is required to contribute 8% of the Contractor’s consolidated salary to the Employees’ Provident Fund every month. Any such other or further deductions as may be required by any law shall be made accordingly.
Statutory Contributions. 14.5.1. Statutory contributions including ENIC and WTR shall be paid by the Supplier (or where applicable, by the Approved Sub-Contractor utilised in the execution of the Contract) as required by Law. The Supplier (or where applicable, an Approved Sub-Contractor utilised in the execution of the Contract) shall ensure that: 14.5.1.1. where it is responsible to account for PAYE Income Tax or ENIC to HMRC it does so; or 14.5.1.2. where it is not responsible to make such payment, for example, in the case of a self-employed Temporary work-seeker or Limited Company Temporary work-seeker who has not opted out of the Conduct Regulations (within IR35 legislation), the Supplier instead passes on the relevant ENIC element of the Total Hourly Charge Rate excluding VAT to the Temporary work-seeker informing that Temporary work- seeker that the PAYE Income Tax or ENIC element has been included in the sum paid in his Total Wage Costs and that he shall be responsible for all taxes and deductions payable to HMRC. 14.5.2. In the event that the Supplier (or where applicable, an Approved Sub- Contractor utilised in the execution of the Contract) engages any Corporate body for the supply of an individual Temporary work-seeker, the Supplier (or where applicable, an Approved Sub-Contractor utilised in the execution of the Contract) shall include in its contract with such Corporate body obligations on the body corporate to: 14.5.2.1. make appropriate deductions (if any) and account properly for ENIC; and 14.5.2.2. comply fully with its obligations under WTR. 14.5.3. The element of the Total Hourly Charge Rate which is the WTR Element shall be paid by the Supplier (where the Supplier is Introducing the Temporary work- seeker himself) (or where applicable, the Approved Sub-Contractor utilised in the execution of the Contract by the Approved Sub-Contractor) as required by Law. 14.5.4. The element of the Total Hourly Charge Rate which is ENIC shall be paid by the Supplier (where the Supplier is Introducing the Temporary work-seeker himself) (or where applicable, the Approved Sub-Contractor utilised in the execution of the Contract by the Approved Sub-Contractor) as required by Law. 14.5.5. For PAYE Temporary work-seekers supplied, there is a preference for ENIC to be charged at the actual rate, taking into account the amount of National Insurance contribution due on amounts earned, over and above the earnings threshold, i.e. allowing for the National Insurance-free period. The Suppli...

Related to Statutory Contributions

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

  • Initial Contributions The Members initially shall contribute to the Company capital as described in Schedule 2 attached to this Agreement.

  • Additional Contributions The Member is not required to make any additional capital contribution to the Company. However, the Member may at any time make additional capital contributions to the Company in cash or other property.

  • Contributions Without creating any rights in favor of any third party, the Member may, from time to time, make contributions of cash or property to the capital of the Company, but shall have no obligation to do so.