Withholding Obligations; Form 1099. Holder authorizes the Company to withhold from Holder, or to demand cash payment from Holder for, any taxes required to be withheld from Holder on the conversion of this Note, or, to reduce or eliminate such withholding, to provide the Company with an fully executed and completed IRS Form W-9. Xxxxxx acknowledges that the Company may issue Holder a Form 1099, reporting the interest, to the Internal Revenue Service (even if the interest is converted into stock), in accordance with law.
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Samples: Convertible Promissory Note (IdentiPHI, Inc.), Convertible Secured Promissory Note (Innuity, Inc. /Ut/), Convertible Promissory Note (Source Energy Corp /Ut/)
Withholding Obligations; Form 1099. Holder authorizes the Company to withhold from Holder, or to demand cash payment from Holder for, any taxes required to be withheld from Holder on the conversion of this Note, or, to reduce or eliminate such withholding, to provide the Company with an a fully executed and completed IRS Form W-9. Xxxxxx acknowledges that the Company may issue Holder a Form 1099, reporting the interest, to the Internal Revenue Service (even if the interest is converted into stock), in accordance with law.
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Samples: Convertible Unsecured Promissory Note (IdentiPHI, Inc.)
Withholding Obligations; Form 1099. So long as Holder authorizes is a U.S. resident for tax purposes, the Company to may not withhold from Holder, or to demand cash payment from Holder for, any taxes required to be withheld from Holder on the conversion of this Convertible Note, or, to reduce or eliminate such withholding, to provide the Company with an fully executed and completed IRS Form W-9. Xxxxxx acknowledges that the Company may issue Holder a Form 1099, reporting the interest, to the Internal Revenue Service (even if the interest is converted into stock), in accordance with lawapplicable law and/or regulations.
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