Common use of Allocation Election Clause in Contracts

Allocation Election. The Company shall elect to allocate tax items ------------------- to its S Short Year and C Short Year pursuant to the normal tax accounting method (rather than the pro rata allocation method) contained in Section 1362(e)(3) of the Code.

Appears in 2 contracts

Samples: Allocation Agreement (A Consulting Team Inc), Tax Allocation Agreement (A Consulting Team Inc)

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Allocation Election. The Company shall elect to allocate tax items ------------------- to its S Short Year and C Short Year pursuant to the normal tax accounting method (rather than the pro rata allocation method) contained in Section 1362(e)(3) of the Code.)

Appears in 2 contracts

Samples: Allocation Agreement (Shoe Pavilion Inc), Allocation Agreement (Shoe Pavilion Inc)

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