Preservation of Tax Treatment. Except as contemplated by this Agreement or the Registration Statement, after the Funding and Consummation Date, PARENT shall not and shall not permit any of its subsidiaries to undertake any act that would jeopardize the tax status of the Consolidation Plan as qualifying under Section 351 of the Code.
Appears in 8 contracts
Samples: Merger Agreement (Nationwide Staffing Inc), Merger Agreement (Nationwide Staffing Inc), Agreement and Plan (Nationwide Staffing Inc)