Common use of Employee Withholding and Reporting Matters Clause in Contracts

Employee Withholding and Reporting Matters. With respect to those Transferred Employees who are employed by Buyer within the same calendar year as the Closing, Buyer shall, in accordance with and to the extent permitted pursuant to Revenue Procedure 84-77, 1984-2 C.B. 753, assume all responsibility for preparing and filing Form W-2, Wage and Tax Statement, Form W- 3, Transmittal of Income and Tax Statements, Form 941, Employer's Quarterly Federal Tax Return, Form W-4, Employee's Withholding Allowance Certificate and Form W-5, Earned Income Credit Advance Payment Certificate. Seller and Buyer agree to comply with the procedures described in Section 5 of the Revenue Procedure 84-77.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Return on Investment Corp), Asset Purchase Agreement (Return on Investment Corp)

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Employee Withholding and Reporting Matters. With respect to those Transferred Transition Employees who are employed by Buyer Buyers within the same calendar year as the Closing, Buyer Buyers shall, in accordance with and to the extent permitted pursuant to Revenue Procedure 842004-77, 1984-2 C.B. 75353, assume all responsibility for preparing and filing each Form W-2, Wage and Tax Statement, Form W- 3W-3, Transmittal of Income and Tax Statements, Form 941, Employer's ’s Quarterly Federal Tax Return, Form W-4, Employee's ’s Withholding Allowance Certificate Certificate, and Form W-5, Earned Income Credit Advance Payment Certificate. Seller Sellers and Buyer Buyers agree to comply with the procedures described in Section 5 of the Revenue Procedure 842004-7753.

Appears in 1 contract

Samples: Asset Purchase Agreement (United Rentals North America Inc)

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Employee Withholding and Reporting Matters. With respect to those Transferred Employees employees who are employed by Buyer within the same calendar 45 50 year as the Closing, Buyer shall, in accordance with and to the extent permitted pursuant to Revenue Procedure 84-77, 1984-2 C.B. 753, assume all responsibility for preparing and filing Form W-2, Wage and Tax Statement, Form W- 3W-3, Transmittal of Income and Tax Statements, Form 941, Employer's Quarterly Federal Tax Return, Form W-4, Employee's Withholding Allowance Certificate Certificate, and Form W-5, Earned Income Credit Advance Payment Certificate. Seller and Buyer agree to comply with the procedures described in Section 5 of the Revenue Procedure 84-77.

Appears in 1 contract

Samples: Purchase Agreement (Element K Corp)

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