Transaction Payroll Taxes means all employer portion payroll or employment Taxes incurred in connection with any bonuses, option cash-outs or other compensatory payments in connection with the Transactions.
Transaction Payroll Taxes means any employer portion of payroll or employment Taxes incurred by the Company (or a Subsidiary of the Company) on or prior to the Effective Time, in connection with the Vested Company Option Cash Out Amount, Company Transaction Expenses and any other compensatory payments made in connection with the transactions contemplated by this Agreement.
Transaction Payroll Taxes means any payroll or employment Taxes with respect to any bonuses, severance, option cash-outs or exercises and other compensatory payments made to any Employee, Independent Contractor or other service provider of the Company or any Subsidiary in connection with the Transactions.
Examples of Transaction Payroll Taxes in a sentence
A portion of the Transaction Consideration shall be used to discharge and pay in full: (i) all Indebtedness (if any); (ii) the Seller Transaction Expenses; and (iii) the Change of Control Payments and related Transaction Payroll Taxes, in each case as provided in Section 1.5(b).
The Representative shall pay to the Surviving Corporation by wire transfer of immediately available funds no later than two (2) Business Days prior to the date of such payroll cycle (i) the aggregate amount of such requested payments, plus (ii) the aggregate Transaction Payroll Taxes to be incurred in connection with such requested payments.
Transaction Payroll Taxes shall be calculated as of December 20, 2021.
Retired NFL Football Players may actively participate in such initiatives if they desire.
Purchaser agrees that the payments of Tax refunds required pursuant to this Section 5.2(c) will not be reduced by any Transaction Payroll Taxes.
More Definitions of Transaction Payroll Taxes
Transaction Payroll Taxes means the employer portion of payroll, employment or similar Taxes incurred in connection with any Option Consideration payable to employees of the Corporation, Bonus Payments, bonus, severance or other termination payments, change-in-control payments, or any other compensatory payment of the Company made in connection with the Transactions, whether payable prior to, on or after the Closing Date, and whether payable by Acquirer, the Company or any of their Affiliates.
Transaction Payroll Taxes means the employer portion of any payroll and employment Taxes (including social security, Medicare, and unemployment) that Seller incurs with respect to the Change of Control Payments.
Transaction Payroll Taxes means the employer’s share of any employment or payroll Taxes with respect to any severance, change of control payments, stay bonuses, retention bonuses, or transaction bonuses due or arising as a result of the transactions contemplated hereby and any other compensatory payments (including payments made in respect of the Options) made in connection with the transactions contemplated hereby, including any such Taxes deferred pursuant to the CARES Act; provided that such amount shall not include any amount included in the calculation of Indebtedness.
Transaction Payroll Taxes means the employer portion of any payroll or employment Taxes incurred or accrued with respect to any bonuses, option exercises and cashouts, change of control or other compensatory payments made in connection with the transactions contemplated by this Agreement.
Transaction Payroll Taxes means the employer portion of any employment, payroll or similar Taxes (including under the Federal Insurance Contribution Act) payable with respect to any payments made in connection with the Transactions.
Transaction Payroll Taxes means the employer portion of any employment or payroll taxes with respect to any bonuses, option cash-outs, or other compensatory payments in connection with the transactions contemplated by this Agreement, whether payable by Parent, the Company or any of their Subsidiaries.
Transaction Payroll Taxes means the employer portion of payroll or other employment Taxes incurred in connection with any bonuses, option cashouts or other compensatory payments made in connection with the transactions contemplated by this Agreement (including payments with respect to Restricted Stock), in each case, that become payable on or around the Closing Date, whether payable by Parent, the Company or any of its Subsidiaries. For avoidance of doubt, Transaction Payroll Taxes shall not include any payroll or other employment Taxes incurred in connection with payments made pursuant to Section 1.9(f)(i) or releases from the Escrow Fund or SR Expense Fund to Escrow Equity Holders.