Tax and Social Security Contributions Sample Clauses

Tax and Social Security Contributions. STOCK OPTION EXCHANGE
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Tax and Social Security Contributions. The Manager shall be responsible for the correct tax and social security declarations and payments according to the applicable law. Any arising wage tax, income tax, capital gains tax, social security contributions or any other taxes or contributions payable by the Manager must be borne by the Manager in accordance with applicable law. The Manager's employer has the right to make withholdings from the Manager's salary or other compensation elements or retain Common Shares to meet payroll withholding obligations or request payment from the Manager unless the funds are provided otherwise to the employer. The Manager acknowledges that the Company does not give any representations with respect to the tax treatment of the Unvested Common Shares or Vested Common Shares, and even a tax
Sample 1
Tax and Social Security Contributions. The Chairman shall bear sole responsibility for all taxes, assessments or other levies on his own income, leased or purchased property or equipment. The Chairman is responsible for social security contributions and mandatory insurances according to the applicable law. The Chairman represents, warrants and undertakes that all social security contributions and insurance fees will be paid during the term of this Agreement. To the extent the Company has paid the Chairman's taxes, social security contributions or mandatory insurances, the Chairman shall upon demand reimburse the Company the amount so paid. The Company reserves the right to withhold parts of the Chairman’s consideration or other remuneration to pay any such taxes, social security contributions or mandatory insurances.
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Tax and Social Security Contributions. The Other Party shall fulfil its obligations towards personnel it engages in performance of the Agreement.
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Tax and Social Security Contributions. Supplier will be solely responsible for making appropriate filings and payments to all applicable taxing and social security authorities, including, but not limited to, payments of all withholding and payroll taxes due on compensation received under this Agreement, estimated income payments, social security contributions of any kind and employment and self-employment taxes.
Sample 1
Tax and Social Security Contributions. (a) The Company has filed or caused to be filed (on a timely basis since its incorporation) all Tax Returns and all Social Security Returns that are or were required to be filed by or with respect to The Company, pursuant to applicable legal requirements, and all such Tax Returns and Social Security Returns filed by The Company are true, correct, and complete, and there is no tax or social security sharing agreement that will require any payment by The Company after the execution date The Disclosure Letter (Appendix “D”) contains a complete and accurate list of, all such Tax and of all such Social Security Returns filed since its organization. (b) The Company has fully and on a timely basis paid, or made full provision for the payment of, all Taxes and all Social Security Contributions that have become due, except such Taxes and/or Social Securities Contributions, if any, as are listed in the Disclosure Letter (Appendix “D”) and are being contested in good faith and as to which adequate reserves have been provided in the Financial Statements. The charges, accruals, and reserves with respect to Taxes and Social Security Contributions in The Company’s books are adequate (determined in accordance with Israeli GAAP) and are at least equal to The Company's liability for Taxes and Social Security Contributions. There exists no proposed Tax or Social Security Contribution assessment against The Company except as disclosed in the Financial Statements, respectively, or in the Disclosure Letter (Appendix “D”). All Taxes and/or Social Security Contributions that The Company is or was required by legal requirements to withhold or collect have been duly withheld or collected and, to the extent required, have been paid to the proper Governmental Body or other Person. To the best of the Shareholders’ knowledge, no facts exist that could constitute grounds for the assessment of any material liability for Taxes and/or Social Security Contributions by any Governmental Body with respect to The Company. The Company has taken all steps reasonably required by it to be taken prior to the execution date, in order to obtain any Tax credits, or other Tax benefits, whether available in respect of the period prior to or after the execution date.
Sample 1

Related to Tax and Social Security Contributions

  • Pension Contributions While on leave pursuant to Section B. of this Article, an employee may make contributions to the appropriate State pension system and will receive service credit for the time the employee is on unpaid leave.

  • Equity Contributions Make, or permit any Significant Subsidiary to make, any equity contributions to any Unregulated Subsidiary; provided, however, that this Section 5.03(h) shall not restrict or otherwise apply to (i) any such equity contributions that are required by Applicable Law or court order or (ii) any intercompany advances made to any Unregulated Subsidiary (including, without limitation, pursuant to the Unregulated Money Pool Agreement) that are recharacterized by a court or other Governmental Authority as equity contributions.

  • Payment of Contributions The College and eligible academic staff members of the plan shall each contribute one-half of the contributions to the Academic and Administrative Pension Plan.

  • Investment of Contributions At the direction of the Depositor (or the direction of the beneficiary upon the Depositor's death), the Custodian shall invest all contributions to the account and earnings thereon in investments acceptable to the Custodian, which may include marketable securities traded on a recognized exchange or "over the counter" (excluding any securities issued by the Custodian), covered call options, certificates of deposit, and other investments to which the Custodian consents, in such amounts as are specifically selected and specified by the Depositor in orders to the Custodian in such form as may be acceptable to the Custodian, without any duty to diversify and without regard to whether such property is authorized by the laws of any jurisdiction as a trust investment. The Custodian shall be responsible for the execution of such orders and for maintaining adequate records thereof. However, if any such orders are not received as required, or, if received, are unclear in the opinion of the Custodian, all or a portion of the contribution may be held uninvested without liability for loss of income or appreciation, and without liability for interest pending receipt of such orders or clarification, or the contribution may be returned. The Custodian may, but need not, establish programs under which cash deposits in excess of a minimum set by it will be periodically and automatically invested in interest-bearing investment funds. The Custodian shall have no duty other than to follow the written investment directions of the Depositor, and shall be under no duty to question said instructions and shall not be liable for any investment losses sustained by the Depositor.

  • Campaign Contributions The CONTRACTOR is hereby notified of the applicability of 11-355, HRS, which states that campaign contributions are prohibited from specified state or county government contractors during the terms of their contracts if the contractors are paid with funds appropriated by a legislative body.

  • 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.

  • Tax Returns and Payments; Pension Contributions Borrower and each of its Subsidiaries has timely filed all required tax returns and reports, and Borrower and each of its Subsidiaries, has timely paid all foreign, federal, state, and local taxes, assessments, deposits and contributions owed by Borrower and such Subsidiaries, in all jurisdictions in which Borrower or any such Subsidiary is subject to taxes, including the United States, unless such taxes are being contested in accordance with the following sentence. Borrower and each of its Subsidiaries, may defer payment of any contested taxes, provided that Borrower or such Subsidiary, (a) in good faith contests its obligation to pay the taxes by appropriate proceedings promptly and diligently instituted and conducted, (b) notifies Collateral Agent in writing of the commencement of, and any material development in, the proceedings, and (c) posts bonds or takes any other steps required to prevent the Governmental Authority levying such contested taxes from obtaining a Lien upon any of the Collateral that is other than a “Permitted Lien.” Neither Borrower nor any of its Subsidiaries is aware of any claims or adjustments proposed for any of Borrower’s or such Subsidiaries’, prior tax years which could result in additional taxes becoming due and payable by Borrower or its Subsidiaries. Borrower and each of its Subsidiaries have paid all amounts necessary to fund all present pension, profit sharing and deferred compensation plans in accordance with their terms, and neither Borrower nor any of its Subsidiaries have, withdrawn from participation in, and have not permitted partial or complete termination of, or permitted the occurrence of any other event with respect to, any such plan which could reasonably be expected to result in any liability of Borrower or its Subsidiaries, including any liability to the Pension Benefit Guaranty Corporation or its successors or any other Governmental Authority.

  • Retirement Contributions On behalf of employees, the State will continue to “pick up” the six percent (6%) employee contribution, payable pursuant to law. The parties acknowledge that various challenges have been filed that contest the lawfulness, including the constitutionality, of various aspects of PERS reform legislation enacted by the 2003 Legislative Assembly, including Chapters 67 (HB 2003) and 68 (HB 2004) of Oregon Laws 2003 (“PERS Litigation”). Nothing in this Agreement shall constitute a waiver of any party’s rights, claims or defenses with respect to the PERS Litigation.

  • Company Contributions The Company shall continue to make a Company Contribution for Plan Years 2017, 2018 and 2019, on the same terms and conditions set forth in the Participant Agreement, with the performance metrics and targets in connection with such Company Contributions for such Plan Years to be established in the sole discretion of the Committee, following consultation with the Chief Executive Officer of the Company.

  • Political Contributions Neither the Company nor any of its Subsidiaries has, directly or indirectly, at any time (x) made any contributions to any candidate for political office, or failed to disclose fully any such contribution, in violation of law; (y) made any payment to any state, federal or foreign governmental officer or official, or other person charged with similar public or quasi-public duties, other than payments required or allowed by all applicable laws; or (z) violated nor is it in violation of any provision of the Foreign Corrupt Practices Act of 1977, as amended.

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