S Status. The Company shall maintain its tax status as a subchapter S -------- corporation up to the Closing and the Company and the Shareholders shall not revoke or otherwise terminate the election of the Company to be treated as a subchapter S corporation.
Appears in 1 contract
Sources: Asset Acquisition Agreement (Global Motorsport Group Inc)
S Status. The Company shall maintain its tax status as a subchapter an S -------- corporation Corporation up to the Closing Effective Time and the Company and the Shareholders Sole Shareholder shall not revoke or otherwise terminate the election of the Company to be treated as a subchapter an S corporationCorporation.
Appears in 1 contract
Sources: Merger Agreement (Software Com Inc)