Employee Withholding. Seller shall prepare and furnish to Continuing Employees a Form W-2 which shall reflect all wages and compensation paid to Continuing Employees for that portion of the calendar year in which the Closing Date occurs during which the Continuing Employees were employed by Seller. Seller shall furnish to Parent the Forms W-4 and W-5 of each Continuing Employee. Parent shall send to the appropriate Social Security Administration office a duly completed Form W-3 and accompanying copies of the duly completed Form W-2. It is the intent of the parties hereunder that the obligations of Parent and Seller under this Section 5.21 shall be carried out in accordance with Section 5 of Revenue Procedure 96-60.
Employee Withholding. The parties agree that, pursuant to the "Alternative Procedure" provided in Section 5 of Revenue Procedure 96-60, 1996-2 C.B. 399, with respect to filing and furnishing IRS Forms W-2, W-3, and 941, (a) Seller shall report on a "predecessor-successor" basis, as set forth therein, (b) Seller shall be relieved from furnishing Forms W-2 to any of the employees of Seller who become employees of Buyer, and (c) Buyer shall assume the obligations of Seller to furnish such Forms W-2 to such employees for the year in which the Closing occurs.
Employee Withholding. Manager shall use its reasonable efforts to comply with all applicable local, State and Federal requirements concerning the withholding of taxes from employee wages.
Employee Withholding. The Sellers and the Buyer agree that, pursuant to and to the extent permitted by the "Alternative Procedure" provided in Section 5 of Revenue Procedure 84-77, 1984-2 C.B. 753, with respect to filing and furnishing IRS Forms W-2, W-3 and 941, (a) the Sellers and the Buyer shall each report on a "predecessor-successor" basis, as set forth therein, (b) the Sellers shall be relieved from furnishing Forms W-2 for the 1999 calendar year to any of the Sellers' employees that become employees of the Buyer and (c) the Buyer shall assume the obligations of the Sellers to furnish such Forms W-2 to such employees for the full 1999 calendar year.
Employee Withholding. The Sellers agree that, pursuant to the "alternative procedure" provided in Section 5 of Revenue Procedure 84-77, 1984-2 C.B. 753, with respect to filing and furnishing IRS Forms W-2, W-3, and 941, (i) the Sellers shall report on a "predecessor-successor" basis, as set forth therein, (ii) the Sellers shall be relieved from furnishing Forms W-2 to any of the employees of the Sellers who become employees of the Purchaser, and (iii) the Purchaser shall assume the obligations of the Sellers to furnish such Forms W-2 to such employees for the year in which the Closing occurs. The Sellers shall provide the Purchaser with all information and documentation necessary to effect the foregoing procedure.
Employee Withholding. THCI and the Acquirors agree that, pursuant to and to the extent permitted by the "Alternative Procedure" provided in Section 5 of Revenue Procedure 84-77, 1984-2 C.B. 753, with respect to filing and furnishing IRS Forms W-2, W-3 and 941, (a) THCI and the Acquirors shall each report on a "predecessor-successor" basis, as set forth therein, (b) THCI shall be relieved from furnishing Forms W-2 to any of THCI's employees that become employees of the Acquirors and (c) the Acquirors shall assume the obligations of THCI to furnish such Forms W-2 to such employees for the full 1998 calendar year.
Employee Withholding. Purchaser shall prepare and furnish to each of the Continuing Employees who are U.S. Employees or are Non-U.S. Employees who are required to pay income taxes in the United States a Form W-2, which shall reflect all wages and compensation paid to such Continuing Employees for that portion of the calendar year in which the Closing Date occurs during which the Continuing Employees were employed by Seller and were employed in connection with the operation of the Acquired Business. Seller shall furnish to Purchaser the Forms W-4 and W-5 of each such Continuing Employee. Purchaser shall send to the appropriate Social Security Administration office a duly completed Form W-3 and accompanying copies of the duly completed Forms W-2. It is the intent of the parties hereunder that the obligations of Purchaser and Seller under this Section 7.14(e) shall be carried out in accordance with Section 5 of Revenue Procedure 2004-53.
Employee Withholding. Seller shall prepare and furnish to each of the New Buyer Employees a Form W-2, which shall reflect all wages and compensation paid to the New Buyer Employees for that portion of the calendar year in which the Closing Date occurs during which the New Buyer Employees were employed by Sellers and were employed in connection with the operation of the Acquired Assets. Sellers shall furnish to Buyer the Forms W-4 and W-5 of each New Buyer Employee. Buyer shall send to the appropriate Social Security Administration office a duly completed Form W-3 and accompanying copies of the duly completed Forms W-2. It is the intent of the Parties hereunder that the obligations of Buyer and Sellers under this Section 6.9 shall be carried out in accordance with Section 4 of Revenue Procedure 2004-53.
Employee Withholding. Buyer shall prepare and furnish to continuing employees of the Business who were employees of the Business prior to the Closing Date (“continuing employees”) Form W-2 which shall reflect all wages and compensation paid to continuing employees for that portion of the calendar year in which the Closing Date occurs during which the continuing employees were employed by the Seller Group and were employed in connection with the operation of the Business. The Seller Group shall furnish to Buyer the Forms W-4 and W-5 of each continuing employee. Buyer shall send to the appropriate Social Security Administration office a duly completed Form W-3 and accompanying copies of the duly completed Forms W-2. It is the intent of the parties hereunder that the obligations of Buyer and the Seller Group under this Section 5.15 shall be carried out in accordance with Section 5 of Revenue Procedure 96-60.
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