Common use of Taxation of Dividends Clause in Contracts

Taxation of Dividends. For federal and state income tax purposes, any dividends or other distributions with respect to the Indemnification Shares shall be income of the Principal Shareholders.

Taxation of Dividends. For federal and state income tax purposes, any dividends or other distributions with respect to the Indemnification Shares shall be income of the Principal Voting Shareholders.

Taxation of Dividends. For federal and state income tax purposes, any dividends or other distributions with respect to the Indemnification Shares shall be income of the Principal ShareholdersStockholders, except dividends or distributions relating to Indemnification Shares that have been retransferred to ShopNow or an Indemnified Party as required under this Article VIII.

Taxation of Dividends. For federal and state income tax purposes, any dividends or other distributions with respect to the Indemnification Shares shall be income of the Principal ShareholdersShareholder.