Taxation of Wage Awards Sample Clauses

Taxation of Wage Awards. Wage Awards are subject to normal employee payroll tax withholdings. For any distribution of Net Settlement Funds, the Settlement Administrator shall deduct each Settlement Class Member’s share of payroll taxes from the Settlement Class Member’s Wage Award and shall report and remit that amount to the appropriate taxing authorities at the appropriate time. The Parties shall cooperate with and assist the Settlement Administrator as may be reasonably necessary in conjunction with the Settlement Administrator’s calculations, withholdings, issuance, distribution, and reporting of Settlement Award checks and related taxes. The Settlement Administrator and the Parties shall cooperate and coordinate with each other with respect to the calculation, reporting, and payment of all payroll taxes and withholdings in accordance with all applicable laws and requirements of government taxing authorities
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Related to Taxation of Wage Awards

  • Definitions As used in this Agreement, the following terms shall have the following meanings:

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • NOW THEREFORE the parties hereto agree as follows:

  • IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the date first above written.

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