SECTION 382 TAX BENEFITS PRESERVATION PLANTax Benefits Preservation Plan • April 21st, 2016 • Support.com, Inc. • Services-computer processing & data preparation • Delaware
Contract Type FiledApril 21st, 2016 Company Industry JurisdictionWHEREAS, the Company and certain of its Subsidiaries have generated certain Tax Benefits (as hereinafter defined) for United States federal income tax purposes, such Tax Benefits may potentially provide valuable benefits to the Company, the Company desires to avoid an “ownership change” within the meaning of Section 382 (as hereinafter defined), and the Treasury Regulations (as hereinafter defined) promulgated thereunder, and thereby preserve its ability to utilize such Tax Benefits, and, in furtherance of such objective, the Company desires to enter into this Agreement; and