Common use of Allocation Election Clause in Contracts

Allocation Election. The Company intends to allocate tax items to its S Short Year and C Short Year pursuant to the method contained in Section 1362(e) (3) of the Code, but may allocate pursuant to any other permitted method under Section 1362(e) of the Code.

Allocation Election. The Company intends to allocate tax items to its S Short Year and C Short Year pursuant to the method contained in Section 1362(e) (31362(e)(3) of the Code, but may allocate pursuant to any other permitted method under Section 1362(e) of the Code.