Payroll Reporting and Withholding. (a) Form W-2 Reporting. Choice and Manor Care hereby adopt the "alternative procedure" for preparing and filing IRS Forms W-2 (Wage and Tax Statements), as described in Section 5 of Revenue Procedure 84-77, 1984-2 IRS Cumulative Bulletin 753 ("Rev. Proc. 84-77"). Under this procedure Choice as the successor employer shall provide all required Forms W-2 to all Choice Individuals reflecting all wages paid and taxes withheld by both Manor Care as the predecessor and Choice as the successor employer for the entire year during which the Distribution takes place. Manor Care shall provide all required Forms W-2 to all Retained Individuals reflecting all wages and taxes paid and withheld by Manor Care before, on and after the Distribution Date. In connection with the aforesaid agreement under Rev. Proc. 84-77, each business unit or business operation of Manor Care shall be assigned to either Manor Care or Choice, depending upon whether it is a Retained Business or Choice Business, and each Retained Individual or Choice Individual associated with such business unit or business operation shall be assigned for payroll reporting purposes to Manor Care or Choice, as the case may be.
(b) Forms W-4 and W-5. Choice and Manor Care agree to adopt the alternative procedure of Rev. Proc. 84-77 for purposes of filing IRS Forms W-4 (Employee's Withholding Allowance Certificate) and W-5 (Earned Income Credit Advance Payment Certificate). Under this procedure Manor Care shall provide to Choice as the successor employer all IRS Forms W-4 and W-5 on file with respect to each Choice Individual, and Choice will honor these forms until such time, if any, that such Choice Individual submits a revised form.
(c) Garnishments, Tax Levies, Child Support Orders, and Wage Assignments. With respect to Employees with garnishments, tax levies, child support orders, and wage assignments in effect with Manor Care on the Cut-off Date, Choice as the successor employer with respect to each Choice Individual shall honor such payroll deduction authorizations and will continue to make payroll deductions and payments to the authorized payee, as specified by the court or governmental order which was filed with Manor Care.
Payroll Reporting and Withholding. (a) Vital Images and Bio-Vascular hereby adopt the "alternative procedure" for preparing and filing IRS Forms W-2 (Wage and Tax Statements), as described in Section 5 of Revenue Procedure 84-77, 1984-2 IRS Cumulative Bulletin 753 ("Rev. Proc. 84-77"). Under this procedure Vital Images as the successor employer shall provide all required Forms W-2 to all Vital Images Employees reflecting all wages paid and taxes withheld by both Bio-Vascular as the predecessor and Vital Images as the successor employer for the entire year during which the Distribution takes place. Bio-Vascular shall provide all required Forms W-2 to all Bio-Vascular Employees reflecting all wages and taxes paid and withheld by Bio-Vascular before, on and after the Distribution Date. In connection with the aforesaid agreement under Rev. Proc. 84-77, each Retained Bio-Vascular Employee or Vital Images Employee shall be assigned for payroll reporting purposes to Bio- Vascular or Vital Images, as the case may be.
(b) Vital Images and Bio-Vascular agree to adopt the alternative procedure of Rev. Proc. 84-77 for purposes of filing IRS Forms W-4 (Employee's Withholding Allowance Certificate) and W-5 (Earned Income Credit Advance Payment Certificate). Under this procedure Bio-Vascular shall provide to Vital Images as the successor employer all IRS Forms W-4 and W-5 on file with respect to each Vital Images Employee, and Vital Images will honor these forms until such time, if any, that such Vital Images Employee submits a revised form.
(c) With respect to Employees with garnishments, tax levies, child support orders, qualified medical child support orders, and wage assignments in effect with Bio-Vascular on the Cutoff Date, Vital Images with respect to each Vital Images Employee and their dependents shall honor such payroll deduction authorizations or court or governmental orders applicable to Vital Images Plans, and will continue to make payroll deductions and payments to any authorized payee, as specified by the court or governmental order that was filed with Bio-Vascular. Likewise, Bio-Vascular with respect to each Bio-Vascular Employee shall honor such payroll deduction authorization or court or governmental orders applicable to Bio-Vascular Plans and will continue to make payroll deductions and payments to any authorized payee, as specified by the court or governmental order that was filed with Bio-Vascular.
(d) Unless otherwise prohibited or provided by this Agreement or another agreement ente...
Payroll Reporting and Withholding. 2.10.1. Form W-2 Reporting ------------------ HMC, HMLP and Crestline shall prepare, file and distribute IRS Forms W-2 in accordance with applicable laws and regulations.
Payroll Reporting and Withholding. (a) Agritope and Epitope hereby adopt the "standard procedure" for preparing and filing IRS Forms W-2 (Wage and Tax Statements) and W-3 (Transmittal of Income and Tax Statements), as described in Section 4 of Revenue Procedure 96-60 ("Rev. Proc. 96-60"). Under this procedure Epitope must perform all reporting duties for the wages and other compensation it has paid to Employees prior to the Distribution Date, including the furnishing and filing of Forms W-2 and W-3. Agritope will be responsible for all reporting duties for the wages and other compensation it pays to Agritope Employees.
(b) Epitope will keep on file all Forms W-4 (Employee's Withholding Allowance Certificate) and W-5 (Earned Income Credit Advance Payment Certificate) provided by Agritope Employees. Agritope Employees must provide Agritope with new Forms W-4 and W-5 for the year in which the Distribution occurs.
(c) With respect to Agritope Employees with garnishments, tax levies, child support orders, qualified medical child support orders, and wage assignments in effect with Epitope on the Distribution Date, Agritope shall be responsible for honoring such payroll deduction authorizations or court or governmental orders applicable to Agritope Plans, and will continue to make payroll deductions and payments to any authorized payee, as specified by the court or governmental order that was filed with Epitope. Epitope shall provide Agritope with full information about any such matters before the Distribution Date.
(d) Unless otherwise prohibited by law or provided by this Agreement or another agreement entered into in connection with the Distribution, or by a Plan document, with respect to Agritope Employees with authorizations for payroll deductions in effect with Epitope on the Distribution Date, Agritope as the successor employer will honor such payroll deduction authorizations relating to each Agritope Employee, and shall not require that such Agritope Employee submit a new authorization to the extent that the type of deduction by Agritope does not differ from that made by Epitope. Any such payroll deduction in favor of Epitope shall continue to be withheld by Agritope for Epitope's benefit.
Payroll Reporting and Withholding. Purchasers shall adopt the “standard procedure” for preparing and filing IRS Forms W-2 (Wage and Tax Statements), as described in Revenue Procedure 2004-53. Under this procedure, the Purchasers as the successor employer shall provide Forms W-2 to all Rehired Employees reflecting all wages paid and taxes withheld by Purchasers as the successor employer for the portion of the calendar year beginning on the day after the Closing Date. Sellers as the predecessor employer shall provide Forms W-2 to all Rehired Employees reflecting all wages paid and taxes withheld by Sellers for the portion of the calendar year ending on the Closing Date. Purchasers shall adopt the “standard procedure” of Rev. Proc. 2004-53 for purposes of IRS Forms W-4 (Employee’s Withholding Allowance Certificate) and W-5 (Earned Income Credit Advance Payment Certificate). Under this procedure, Purchasers shall keep on file the Forms W-4 and W-5 provided by the Rehired Employees for the period required by applicable Law concerning record retention. Purchasers shall obtain new IRS Forms W-4 and W-5 with respect to each Rehired Employee.
Payroll Reporting and Withholding. (a) Form W-2
Payroll Reporting and Withholding. With respect to each Employee who becomes an employee of Buyer, Buyer shall adopt (i) the “standard procedure” for preparing and filing IRS Forms W-2 (Wage and Tax Statements), as described in Revenue Procedure 2004-53. Under this procedure, Buyer as the successor employer shall provide Forms W-2 to such employees reflecting all wages paid and taxes withheld by Buyer as the successor employer for the portion of the calendar year beginning on the day after the Closing Date. The Companies as the predecessor employers shall provide Forms W-2 to such employees reflecting all wages paid and taxes withheld by the Companies for the portion of the calendar year beginning January 1, 2008 and ending on the Closing Date. Buyer shall adopt the “standard procedure” of Rev. Proc. 2004-53 for purposes of IRS Forms W-4 (Employee’s Withholding Allowance Certificate) and W-5 (Earned Income Credit Advance Payment Certificate). Under this procedure, Buyer shall keep on file the Forms W-4 and W-5 provided by such employees for the period required by applicable law concerning record retention. Buyer shall obtain new IRS Forms W-4 and W-5 with respect to such employees.
Payroll Reporting and Withholding. (i) The Sellers and Buyer shall adopt the “alternative procedure” for preparing and filing IRS Forms W-2 (Wage and Tax Statements), as described in Revenue Procedure 2004-53. Under this procedure Buyer, as the successor employer, shall provide all required Forms W-2 to all Continuing Employees reflecting all wages paid and taxes withheld by the Sellers as the predecessor and Buyer as the successor employer for the entire year during which the Closing Date shall take place. The Sellers shall provide all required Forms W-2 to all other employees of the Sellers who are not Continuing Employees reflecting all wages and Taxes paid and withheld by the Sellers before and after the Closing Date.
(ii) The Sellers and Buyer shall adopt the alternative procedure of Rev. Proc. 2004-53 for purposes of filing IRS Forms W-4 (Employee’s Withholding Allowance Certificate) and W-5 (Earned Income Credit Advance Payment Certificate). Under this procedure the Sellers shall provide to Buyer all IRS Forms W-4 and W-5 on file with respect to each Continuing Employee, and Buyer will honor these forms until such time, if any, that such Continuing Employee submits a revised form.
Payroll Reporting and Withholding. (a) FORM W-2
Payroll Reporting and Withholding. 17 (a) Form W-2 Reporting............................................ 17 (b) Forms W-4 and W-5............................................. 17 (c) Garnishments, Tax Levies, Child Support Orders, Medical Child Support Orders, and Wage Assignments....................... 17 (d) Authorizations for Payroll Deductions......................... 17
