Common use of Reconciliation Information Clause in Contracts

Reconciliation Information. On or before April 30 each year of your payment obligation and April 30 following the end of your payment obligation, you agree to provide us with: (i) A completed and signed IRS Form 4506-T or Form 4506T-EZ (or any successor form), designating us as the recipient of your tax return information for returns covering any and all months of your payment obligation, dated not earlier than 30 days before the date you provide it to us; and one of the following to verify your Earned Income or deferment status for the preceding year: (1) A year-end pay stub, Form W-2, Form 1099, Schedule K-1, or other verifiable source acceptable to us (collectively, “Formal Earned Income Documentation”) for each source of Earned Income in the prior calendar year, or (2) If your ISA is in a deferment status, updated documentation to re- verify your Documentation for Deferment. (ii) Informal Earned Income Documentation for each source of Earned Income that you expect to have in the coming year.

Appears in 5 contracts

Samples: Income Share Agreement (Isa), Income Share Agreement (Isa), Income Share Agreement (Isa)

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Reconciliation Information. On or before April 30 each year of your payment obligation and April 30 following the end of your payment obligation, you agree to provide us with: (i) A completed and signed IRS Form 4506-T or Form 4506T-EZ (or any successor form), designating us as the recipient of your tax return information for returns covering any and all months of your payment obligation, dated not earlier than 30 days before the date you provide it to us; and one of the following to verify your Earned Income or deferment status for the preceding year: (1ii) A year-end pay stub, Form W-2, Form 1099, Schedule K-1, or other verifiable source acceptable to us (collectively, “Formal Earned Income Documentation”) for each source of Earned Income in the prior calendar year, or (2iii) If your ISA is in a deferment status, updated documentation to re- re-verify your Documentation for Deferment. (iiiv) You must also provide us with Informal Earned Income Documentation for each source of Earned Income that you expect to have in the coming year.

Appears in 2 contracts

Samples: Working Paper, Income Share Agreement

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