Common use of Wage Reporting Clause in Contracts

Wage Reporting. Seller and Buyer shall use the standard procedure set forth in IRS Revenue Procedure 2004-53, 2004-2 C.B.320 with respect to wage reporting for employees of Seller hired by Buyer for the year that includes the Closing.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Aytu Bioscience, Inc), Asset Purchase Agreement (Cerecor Inc.)