Common use of Short Taxable Years Clause in Contracts

Short Taxable Years. The parties acknowledge that the taxable year in which the S corporation status of the Company is terminated will be an “S Termination Year” for tax purposes, as defined in Section 1362(e)(4) of the Code. Pursuant to Section 1361(e)(1) of the Code, the S Termination Year of the Company shall be divided into two short taxable years: an “S Short Year” and a “C Short Year.” As defined in Section 1362(e)(1)(A) of the Code, the S Short Year shall be that portion of the Company’s S Termination Year ending on the day immediately preceding the Termination Date. Pursuant to Section 1362(e)(1)(B) of the Code, that portion of the S Termination Year beginning on the Termination Date and ending on the last day of the taxable year shall be the C Short Year of the Company.

Short Taxable Years. The parties acknowledge that the taxable year in which the Company’s status as an S corporation status of the Company Corporation is terminated pursuant to Section 2.01 will be an “S Termination Year” for tax purposes, as defined in Section 1362(e)(4) of Year with respect to the CodeCompany. Pursuant to Section 1361(e)(11362(e)(1) of the Code, the S Termination Year of the Company shall be divided into two short taxable years: an “S Short Year” and a “C Short Year.” As defined in Section 1362(e)(1)(A) of the Code, the The S Short Year shall be that portion of the Company’s S Termination Year ending on the day immediately preceding the Termination Date. Pursuant to Section 1362(e)(1)(B) of the Code, that portion of the S Termination Year beginning on the Termination Date and ending on the last day of the taxable year shall be the C Short Year of the Company.

Short Taxable Years. The parties acknowledge that the taxable year in which the S corporation status of the Company is terminated will be an “S Termination Year” Year for tax purposes, as defined in Section 1362(e)(4) of the Code. Pursuant to Section 1361(e)(11362(e)(1) of the Code, the S Termination Year of the Company shall be divided into two short taxable years: an “S Short Year” Year and a “C Short Year.” . As defined in Section 1362(e)(1)(A) of the Code, the S Short Year shall be that portion of the Company’s S Termination Year ending on the day immediately preceding the Termination Date. Pursuant to Section 1362(e)(1)(B) of the Code, that portion of the S Termination Year beginning on the Termination Date and ending on the last day of the taxable year shall be the C Short Year of the Company.

Short Taxable Years. The parties acknowledge that the taxable year in which the Company’s status as an S corporation status of the Company Corporation is terminated will be an “S Termination Year” for tax purposes, as defined in Section 1362(e)(4) of the Code. Pursuant to Section 1361(e)(11362(e)(1) of the Code, the S Termination Year of the Company shall be divided into two short taxable years: an “S Short Year” and a “C Short Year.” As defined in Section 1362(e)(1)(A) of the Code, the S Short Year shall be that portion of the Company’s S Termination Year ending on the day immediately preceding the Termination Date. Pursuant to Section 1362(e)(1)(B) of the Code, that portion of the S Termination Year beginning on the Termination Date and ending on the last day of the taxable year shall be the C Short Year of the Company.

Short Taxable Years. The parties acknowledge that the taxable year in ------------------- which the S corporation status of the Company is terminated will be an “S Termination Year” Year for tax purposes, as defined in Section 1362(e)(4) of the Code. Pursuant to Section 1361(e)(1) of the Code, the S Termination Year of the Company shall be divided into two short taxable years: an “"S Short Year” " and a “"C Short Year.” " As defined in Section 1362(e)(1)(A1362(c)(1)(A) of the Code, the S Short Year shall be that portion of the Company’s 's S Termination Year ending on the day immediately preceding the Termination Date. Pursuant to Section 1362(e)(1)(B) of the Code, that portion of the S Termination Year beginning on the Termination Date and ending on the last day of the taxable year shall be the C Short Year of the Company.

Short Taxable Years. The parties acknowledge that the taxable ------------------- year in which the S corporation status of the Company is terminated will be an “S Termination Year” Year for tax purposes, as defined in Section 1362(e)(4) of the Code. Pursuant to Section 1361(e)(1) of the Code, the S Termination Year of the Company shall be divided into two short taxable years: an “"S Short Year” " and a “"C Short Year.” " As defined in Section 1362(e)(1)(A) of the Code, the S Short Year shall be that portion of the Company’s 's S Termination Year ending on the day immediately preceding the Termination Date. Pursuant to Section 1362(e)(1)(B) of the Code, that portion of the S Termination Year beginning on the Termination Date and ending on the last day of the taxable year shall be the C Short Year of the Company.

Short Taxable Years. The parties acknowledge that the taxable year in which the S corporation status of the Company is terminated will be an “S Termination Year” for tax Tax purposes, as defined in Section 1362(e)(4) of the Code. Pursuant to Section 1361(e)(1) of the Code, the S Termination Year of the Company shall be divided into two short taxable years: IBG Tax Indemnification Agreement 4 an “S Short Year” and a “C Short Year.” As defined in Pursuant to Section 1362(e)(1)(A) of the Code, the S Short Year shall be that portion of the Company’s S Termination Year ending on the day immediately preceding the Termination Date. Pursuant to Section 1362(e)(1)(B) of the Code, the C Short Year shall be that portion of the Company’s S Termination Year beginning on the Termination Date and ending on the last day of the taxable year shall be the C Short Year of the Company’s S Termination Year.

Short Taxable Years. The parties acknowledge that the taxable year in ------------------- which the S corporation status of the Company is terminated will be an “S Termination Year” Year for tax purposes, as defined in Section 1362(e)(4) of the Code. Pursuant to Section 1361(e)(1) of the Code, the S Termination Year of the Company shall be divided into two short taxable years: an “"S Short Year” " and a “"C Short Year.” " As defined in Section 1362(e)(1)(A) of the Code, the S Short Year shall be that portion of the Company’s 's S Termination Year ending on the day immediately preceding the Termination Date. Pursuant to Section 1362(e)(1)(B) of the Code, that portion of the S Termination Year beginning on the Termination Date and ending on the last day of the taxable year shall be the C Short Year of the Company.

Short Taxable Years. The parties acknowledge that the taxable year in which the S corporation status of the Company is terminated will be an “S Termination Year” Year for tax purposes, as defined in Section 1362(e)(4) of the Code. Pursuant to Section 1361(e)(1) of the Code, the S Termination Year of the Company shall be divided into two short taxable years: an “"S Short Year” " and a “"C Short Year.” " As defined in Section 1362(e)(1)(A) of the Code, the S Short Year shall be that portion of the Company’s 's S Termination Year ending on the day immediately preceding the Termination Date. Pursuant to Section 1362(e)(1)(B) of the Code, that portion of the S Termination Year beginning on the Termination Date and ending on the last day of the taxable year shall be the C Short Year of the Company.

Short Taxable Years. The parties acknowledge that the taxable year ------------------- in which the S corporation status of the Company ACSYS is terminated will be an “S Termination Year” Year for tax purposes, as defined in Section section 1362(e)(4) of the Code. Pursuant to Section 1361(e)(1section 1362(e)(1) of the Code, the S Termination Year of the Company ACSYS shall be divided into two short taxable years: an “"S Short Year” " and a “"C Short Year.” " As defined in Section section 1362(e)(1)(A) of the Code, the S Short Year shall be that portion of the Company’s ACSYS' S Termination Year ending on the day immediately preceding the Termination Date. Pursuant to Section section 1362(e)(1)(B) of the Code, that portion of the S Termination Year beginning on the Termination Date and ending on the last day of the taxable year shall be the C Short Year of the CompanyACSYS.

Short Taxable Years. The parties acknowledge that the taxable year in which the S corporation Corporation status of the Company is terminated will be an “S Termination Year” for tax purposes, as defined in Section 1362(e)(4) of the Code. Pursuant to Section 1361(e)(11362(e)(1) of the Code, the S Termination Year of the Company shall be divided into two short taxable years: an “S Short Year” and a “C Short Year.” As defined in Section 1362(e)(1)(A) of the Code, the S Short Year shall be that portion of the Company’s S Termination Year ending on the day immediately preceding the Termination Date. Pursuant to Section 1362(e)(1)(B) of the Code, that portion of the S Termination Year beginning on the Termination Date and ending on the last day of the taxable year shall be the C Short Year of the Company.

Short Taxable Years. The parties acknowledge that the taxable year in which the S corporation status of the Company ACSYS is terminated will be an “S Termination Year” Year for tax purposes, as defined in Section section 1362(e)(4) of the Code. Pursuant to Section section 1361(e)(1) of the Code, the S Termination Year of the Company ACSYS shall be divided into two short taxable years: an “"S Short Year” " and a “"C Short Year.” " As defined in Section section 1362(e)(1)(A) of the Code, the S Short Year shall be that portion of the Company’s ACSYS's S Termination Year ending on the day immediately preceding the Termination Date. Pursuant to Section section 1362(e)(1)(B) of the Code, that portion of the S Termination Year beginning on the Termination Date and ending on the last day of the taxable year shall be the C Short Year of the CompanyACSYS.

Short Taxable Years. The parties acknowledge that the taxable year in which the S corporation status of the Company is terminated will be an “S Termination Year” for tax purposes, as defined in Section 1362(e)(4) of the Code. Pursuant to Section 1361(e)(11362(e)(1) of the Code, the S Termination Year of the Company shall be divided into two short taxable years: an “S Short Year” and a “C Short Year.” As defined in Section 1362(e)(1)(A) of the Code, the S Short Year shall be that portion of the Company’s S Termination Year ending on the day immediately preceding the Termination Date. Pursuant to Section 1362(e)(1)(B) of the Code, that portion of the S Termination Year beginning on the Termination Date and ending on the last day of the taxable year shall be the C Short Year of the Company.

Short Taxable Years. The parties acknowledge that the taxable year in which the S corporation status of the Company is terminated will be an “S Termination Year” for tax Tax purposes, as defined in Section 1362(e)(4) of the Code. Pursuant to Section 1361(e)(1) of the Code, the S Termination Year of the Company shall be divided into two short taxable years: an “S Short Year” and a “C Short Year.” As defined in Pursuant to Section 1362(e)(1)(A) of the Code, the S Short Year shall be that portion of the Company’s S Termination Year ending on the day immediately preceding the Termination Date. Pursuant to Section 1362(e)(1)(B) of the Code, the C Short Year shall be that portion of the Company’s S Termination Year beginning on the Termination Date and ending on the last day of the taxable year shall be the C Short Year of the Company’s S Termination Year.