Certain Tax Elections. Buyer and Seller shall make a timely and effective joint election (the "Section 338(h)(10) Election") under Section 338(h)(10) of the Code for USTMAN with respect to the purchase of the Shares. Moreover, Buyer shall prepare completed Forms 8023-A for USTMAN providing for the Section 338(h)(10)
Appears in 2 contracts
Samples: Stock Purchase Agreement (Watson General Corp), Stock Purchase Agreement (Nde Environmental Corp)
Certain Tax Elections. Buyer and Seller shall make a timely and effective joint election (the "Section 338(h)(10) Election") under Section 338(h)(10) of the Code for each of Tanknology and USTMAN with respect to the purchase of the Tanknology Shares and the USTMAN Shares. Moreover, Buyer shall prepare completed Forms 8023-A for each of Tanknology and USTMAN providing for the Section 338(h)(10)
Appears in 1 contract
Certain Tax Elections. Buyer and Seller shall make a timely and effective joint election (the "Section 338(h)(10) Election") under Section 338(h)(10) of the Code for each of Tanknology and USTMAN with respect to the purchase of the Tanknology Shares and the USTMAN Shares. Moreover, Buyer shall prepare completed Forms 8023-A for USTMAN providing for the Section 338(h)(10)each of -38-
Appears in 1 contract
Samples: Stock Purchase Agreement (Tanknology Environmental Inc /Tx/)
