Payroll Reporting and Withholding. (a) Form W-2 Reporting. Choice and Manor Care hereby adopt the "alternative procedure" for preparing and filing IRS Forms W-2 (Wage and Tax Statements), as described in Section 5 of Revenue Procedure 84-77, 1984-2 IRS Cumulative Bulletin 753 ("Rev. Proc. 84-77"). Under this procedure Choice as the successor employer shall provide all required Forms W-2 to all Choice Individuals reflecting all wages paid and taxes withheld by both Manor Care as the predecessor and Choice as the successor employer for the entire year during which the Distribution takes place. Manor Care shall provide all required Forms W-2 to all Retained Individuals reflecting all wages and taxes paid and withheld by Manor Care before, on and after the Distribution Date. In connection with the aforesaid agreement under Rev. Proc. 84-77, each business unit or business operation of Manor Care shall be assigned to either Manor Care or Choice, depending upon whether it is a Retained Business or Choice Business, and each Retained Individual or Choice Individual associated with such business unit or business operation shall be assigned for payroll reporting purposes to Manor Care or Choice, as the case may be.
Payroll Reporting and Withholding. (a) Vital Images and Bio-Vascular hereby adopt the "alternative procedure" for preparing and filing IRS Forms W-2 (Wage and Tax Statements), as described in Section 5 of Revenue Procedure 84-77, 1984-2 IRS Cumulative Bulletin 753 ("Rev. Proc. 84-77"). Under this procedure Vital Images as the successor employer shall provide all required Forms W-2 to all Vital Images Employees reflecting all wages paid and taxes withheld by both Bio-Vascular as the predecessor and Vital Images as the successor employer for the entire year during which the Distribution takes place. Bio-Vascular shall provide all required Forms W-2 to all Bio-Vascular Employees reflecting all wages and taxes paid and withheld by Bio-Vascular before, on and after the Distribution Date. In connection with the aforesaid agreement under Rev. Proc. 84-77, each Retained Bio-Vascular Employee or Vital Images Employee shall be assigned for payroll reporting purposes to Bio- Vascular or Vital Images, as the case may be.
Payroll Reporting and Withholding. (a) Form W-2 Reporting. PriceSmart and PEI may adopt the "alternative procedure" for preparing and filing IRS Forms W-2 (Wage and Tax Statements), as described in Section 5 of Revenue Procedure 84-77, 1984-2 IRS Cumulative Bulletin 753 ("Rev. Proc. 84-77"). Under this procedure PriceSmart as the successor employer shall provide all required Forms W-2 to all Transferred Employees reflecting all wages paid and taxes withheld by both PEI as the predecessor and PriceSmart as the successor employer for the entire year during which the Distribution takes place. PEI shall provide all required Forms W-2 to all Retained Employees reflecting all wages and taxes paid and withheld by PEI before and after the Distribution Date. In connection with the aforesaid agreement under Rev. Proc. 84-77, each business unit or business operation of PEI shall be assigned to either PEI or PriceSmart, depending upon whether it is a Retained Business or a Transferred Business, and each Retained Employee or Transferred Employee associated with such business unit or business operation shall be assigned for payroll reporting purposes to PEI or PriceSmart, as the case may be. PEI and PriceSmart shall be responsible for filing IRS Forms 941 for their respective Employees.
Payroll Reporting and Withholding. (a) Agritope and Epitope hereby adopt the "standard procedure" for preparing and filing IRS Forms W-2 (Wage and Tax Statements) and W-3 (Transmittal of Income and Tax Statements), as described in Section 4 of Revenue Procedure 96-60 ("Rev. Proc. 96-60"). Under this procedure Epitope must perform all reporting duties for the wages and other compensation it has paid to Employees prior to the Distribution Date, including the furnishing and filing of Forms W-2 and W-3. Agritope will be responsible for all reporting duties for the wages and other compensation it pays to Agritope Employees.
Payroll Reporting and Withholding. (a) Form W-2 Reporting. Hi/fn and Stac may adopt the "alternative procedure" for preparing and filing IRS Forms W-2 (Wage and Tax Statements), as described in Section 5 of Revenue Procedure 84-77, 1984-2 IRS Cumulative Bulletin 753 ("Rev. Proc. 84-77"). Under this procedure Hi/fn as the successor employer shall provide all required Forms W-2 to all Hi/fn Employees and Stac Employees who join Hi/fn on or after the Distribution Date reflecting all wages paid and taxes withheld by both Stac as the predecessor and Hi/fn as the successor employer for the entire year during which the Distribution takes place. Stac shall provide all required Forms W-2 to all other Stac Employees reflecting all wages and taxes paid and withheld by Stac before and after the Distribution Date. Stac and Hi/fn shall be responsible for filing IRS Forms 941 for their respective Employees.
Payroll Reporting and Withholding. 2.10.1. Form W-2 Reporting ------------------ HMC, HMLP and Crestline shall prepare, file and distribute IRS Forms W-2 in accordance with applicable laws and regulations.
Payroll Reporting and Withholding. (a) Form W-2
Payroll Reporting and Withholding. (a) Form W-2 Reporting. Company and Lakes may adopt the "alternative procedure" for preparing and filing IRS Forms W-2 (Wage and Tax Statements), as described in Section 5 of Revenue Procedure 84-77, 1984-2 IRS Cumulative Bulletin 753 ("Rev. Proc. 84-77"). Under this procedure Lakes as the successor employer shall provide all required Forms W-2 to all Lakes Individuals reflecting all wages paid and taxes withheld by both Company as the predecessor and Lakes as the successor employer for the entire year during which the Distribution takes place. Company shall provide all required Forms W-2 to all Company Individuals reflecting all wages and taxes paid and withheld by Company before and after the Distribution Date. In connection with the aforesaid agreement under Rev. Proc. 84-77, each business unit or business operation of Company shall be assigned to either Company or Lakes, depending upon whether it is a Company Retained Business or a Lakes Business, and each Company Individual or Lakes Individual associated with such business unit or business operation shall be assigned for payroll reporting purposes to Company or Lakes, as the case may be. Company and Lakes shall be responsible for filing IRS Forms 941 for their respective Employees.
Payroll Reporting and Withholding. Purchasers shall adopt the "standard procedure" for preparing and filing IRS Forms W-2 (Wage and Tax Statements), as described in Revenue Procedure 2004-53. Under this procedure, the Purchasers as the successor employer shall provide Forms W-2 to all Rehired Employees reflecting all wages paid and Taxes withheld by Purchasers as the successor employer for the portion of the calendar year beginning on the day after the Closing Date. Sellers as the predecessor employer shall provide Forms W-2 to all Rehired Employees reflecting all wages paid and Taxes withheld by Sellers for the portion of the calendar year ending on the Closing Date. Purchasers shall adopt the "standard procedure" of Rev. Proc. 2004-53 for purposes of IRS Forms W-4 (Employee's Withholding Allowance Certificate) and W-5 (Earned Income Credit Advance Payment Certificate). Under this procedure, Purchasers shall keep on file the Forms W-4 and W-5 provided by the Rehired Employees for the period required by applicable Law concerning record retention. Purchasers shall obtain new IRS Forms W-4 and W-5 with respect to each Rehired Employee.
Payroll Reporting and Withholding. (i) The Sellers and Buyer shall adopt the “alternative procedure” for preparing and filing IRS Forms W-2 (Wage and Tax Statements), as described in Revenue Procedure 2004-53. Under this procedure Buyer, as the successor employer, shall provide all required Forms W-2 to all Continuing Employees reflecting all wages paid and taxes withheld by the Sellers as the predecessor and Buyer as the successor employer for the entire year during which the Closing Date shall take place. The Sellers shall provide all required Forms W-2 to all other employees of the Sellers who are not Continuing Employees reflecting all wages and Taxes paid and withheld by the Sellers before and after the Closing Date.
