Common use of Termination of S Corporation Status Clause in Contracts

Termination of S Corporation Status. The Company’s status as an S corporation shall terminate pursuant to Section 1362(d)(2) of the Code on the Termination Date.

Appears in 3 contracts

Samples: Stockholder Agreement (HBT Financial, Inc.), Tax Sharing Agreement (FB Financial Corp), Tax Sharing Agreement (FB Financial Corp)

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Termination of S Corporation Status. The Company’s status as an S corporation Corporation shall terminate pursuant to Section 1362(d)(21362(d) of the Code on the Termination Date.

Appears in 2 contracts

Samples: Tax Sharing Agreement (William Bradford Haines Financial Services Trust), Corporation Termination and Tax Sharing Agreement (Bank7 Corp.)

Termination of S Corporation Status. The Company’s status as an S corporation shall terminate pursuant to Section 1362(d)(2) of the Code upon the Shareholders’ contribution of their stock in the Company to Tilly’s on the Termination Date.

Appears in 2 contracts

Samples: Indemnification Agreement, Indemnification Agreement (Tilly's, Inc.)

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Termination of S Corporation Status. The Company’s Company represents that it terminated its status as an S corporation shall terminate pursuant to Section 1362(d)(2an election, as permitted pursuant to section 1362(d)(1) of the Code Code, on ______________, 1997 (the "Termination Date").

Appears in 1 contract

Samples: Allocation and Indemnification Agreement (Acsys Inc)

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