W-2 Payroll

Example Definitions of "W-2 Payroll"
W-2 Payroll. The mechanism or procedure the Company or a Subsidiary utilizes to pay any individual which results in the issuance of Internal Revenue Service Form W-2 to the individual. 'W-2 Payroll' does not include any mechanism or procedure which results in the issuance of any Internal Revenue Service form other than Form W-2 to an individual, including, but not limited to, Form 1099. Whether a mechanism or procedure constitutes 'W-2 Payroll' shall be determined in the absolute discretion of the Company... (or Subsidiary, as applicable), and such determination shall be conclusive and binding on all persons View More
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