Common use of Forms W-2 Clause in Contracts

Forms W-2. Seller and Buyer agree that (i) Seller will issue a Form W-2 to each individual who is employed in the Business as of, or prior to, the Closing Date in respect of all payments made by Seller to each such individual on or prior to the Closing Date, and (ii) Buyer will issue a Form W-2 to each Continuing Employee in respect of all payments made by Buyer or any Affiliate of Buyer to each such individual on or after the Closing Date.

Appears in 1 contract

Sources: Asset Purchase Agreement (Crown Pacific Partners L P)

Forms W-2. Seller and Buyer agree that (i) Seller will issue a Form W-2 to each individual who is employed in the Business at any Mill as of, or prior to, the Closing Date in respect of all payments made by Seller with respect to each such individual on or prior to the pre-Closing Dateemployment, and (ii) Buyer will issue a Form W-2 to each Continuing Employee in respect of all payments made by Buyer or any Affiliate of Buyer to each such individual on or after the Closing Date.

Appears in 1 contract

Sources: Asset Purchase Agreement (Crown Pacific Partners L P)

Forms W-2. Seller and Buyer agree that (i) Seller will issue a Form W-2 to each individual who is employed in the Business as of, or prior to, the Closing Date in respect of all payments made by Seller to each such individual on or prior to the Closing Date, and (ii) Buyer will issue a Form W-2 to each Continuing Employee in respect of all payments made by Buyer or any Affiliate of Buyer to each such individual on or after the Closing Date.

Appears in 1 contract

Sources: Asset Purchase Agreement (Crown Pacific Partners L P)