Common use of State Income Tax Clause in Contracts

State Income Tax. For purposes of Section 3.2, the amount of state or local Income Taxes attributable to the FTD Business shall be as determined by United Online in a manner consistent with the principles set forth in

Appears in 2 contracts

Samples: Tax Sharing Agreement (United Online Inc), Tax Sharing Agreement (FTD Companies, Inc.)

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State Income Tax. For purposes of Section 3.2, the amount of state or local Income Taxes attributable to the FTD Business shall be as determined by United Online in a manner consistent with the principles set forth inin Section 3.4(a) (for the avoidance of doubt, using the highest statutory marginal state or local corporate Income Tax rate for such applicable state or local jurisdiction, as the case may be).

Appears in 2 contracts

Samples: Sharing Agreement (FTD Companies, Inc.), Sharing Agreement (FTD Companies, Inc.)

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