SEPARATION AND DISTRIBUTION AGREEMENT BY SILVERSUN TECHNOLOGIES, INC., and SILVERSUN TECHNOLOGIES HOLDINGS, INC. DATED AS OF [ ● ], 2023Separation and Distribution Agreement • March 3rd, 2023 • SilverSun Technologies Holdings, Inc • Services-computer processing & data preparation • Delaware
This Separation and Distribution Agreement (this “Agreement”), dated as of [ ● ], 2023, by and between SilverSun Technologies, Inc., a Delaware corporation (“Parent”), and SilverSun Technologies Holdings, Inc., a Delaware corporation and direct wholly owned subsidiary of Parent (“SpinCo” and, together with Parent, the “Parties”).
SILVERSUN TECHNOLOGIES, INC.Merger Agreement • March 3rd, 2023 • SilverSun Technologies Holdings, Inc • Services-computer processing & data preparation
This summary highlights information contained in this information statement relating to us and shares of our common stock being distributed by SilverSun in connection with the Distribution. This summary may not contain all details concerning the Separation Agreement or other information that may be important to you. To better understand the Separation Agreement and our business and financial position, you should carefully review this entire information statement, including the risk factors, our historical financial statements, our unaudited pro forma financial statements, and the respective notes to those historical and pro forma financial statements.
TAX MATTERS AGREEMENTTax Matters Agreement • March 3rd, 2023 • SilverSun Technologies Holdings, Inc • Services-computer processing & data preparation • Delaware
This TAX MATTERS AGREEMENT (this “Agreement”), is made and entered into as of [ ● ], 2023, by and between SilverSun Technologies, Inc., a Delaware corporation (“Parent”), and SilverSun Technologies Holdings, Inc., a Delaware corporation (“SpinCo” and each of Parent and SpinCo, a “Party” and collectively the “Parties”). All capitalized terms not otherwise defined shall have the meanings set forth in Article I.
