Common use of Wage Reporting Clause in Contracts

Wage Reporting. Buyer and Seller shall follow the standard Internal Revenue Service procedure (as set forth in Section 4 of Revenue Procedure 96-60) with regard to reporting of wages on Form W-2 and disposition of Forms W-4 and W-5 for Transferred Employees.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Zomax Optical Media Inc), Asset Purchase and Sale Agreement (Doe Run Peru Sr Ltda)