Common use of Section 4.8.1 Clause in Contracts

Section 4.8.1. None of Clorox, the Clorox Entities (in each case, to the extent relating to the Transferred Businesses) or Splitco is required to make any adjustments under Section 481(a) of the Code (or any similar provision of state, local or foreign Tax Law) for any taxable year ending after the Closing Date.

Appears in 2 contracts

Sources: Share Exchange Agreement (Clorox Co /De/), Share Exchange Agreement (Clorox Co /De/)