Common use of Alternative Procedure Clause in Contracts

Alternative Procedure. CBS and Sellers and Purchaser agree that, --------------------- pursuant to the "Alternative Procedure" provided in section 5 of Revenue Procedure 96-60, 1996-2 C.B. 399, (i) Purchaser will report on a predecessor/successor basis as set forth therein, (ii) CBS and its Affiliates will be relieved from filing a Form W-2 with respect to any Business Employee who accepts employment with Purchaser or its Affiliates, and (iii) Purchaser will undertake to file (or cause to be filed) a Form W-2 for each such employee for the year that includes the Closing Date, including the portion of such year that such employee was employed by CBS or its Affiliates (provided, however, that any agreement between CBS and Purchaser that CBS or its Affiliates shall furnish to Purchaser payroll and related services under the Transitional Services Agreement provided for in Section 5.20(a) and any actions by either party in connection with such agreement shall not alter or otherwise affect the agreement set forth in this Section 5.5(s)). CBS agrees to provide Purchaser with all payroll and employment-related information with respect to each Business Employee who accepts employment with Purchaser (or an Affiliate) and to otherwise cooperate in following the "Alternative Procedure."

Alternative Procedure. CBS and Sellers and Purchaser agree that, --------------------- pursuant to the "Alternative Procedure" provided in section 5 of Revenue Procedure 96-60, 1996-2 C.B. 399, (i) Purchaser will report on a predecessor/successor basis as set forth therein, (ii) CBS and its Affiliates will be relieved from filing a Form W-2 with respect to any Business Employee who accepts employment with Purchaser or its Affiliates, and (iii) Purchaser will undertake to file (or cause to be filed) a Form W-2 for each such employee for the year that includes the Closing Date, including the portion of such year that such employee was employed by CBS or its Affiliates (provided, however, that any agreement between CBS and Purchaser that CBS or its Affiliates shall furnish to Purchaser payroll and related services under the Transitional Services Agreement provided for in Section 5.20(a) and any actions by either party in connection with such agreement shall not alter or otherwise affect the agreement set forth in this Section 5.5(s5.5(r)). CBS agrees to provide Purchaser with all payroll and employment-related information with respect to each Business Employee who accepts employment with Purchaser (or an Affiliate) and to otherwise cooperate in following the "Alternative Procedure."

Alternative Procedure. CBS and Sellers and Purchaser agree that, --------------------- pursuant to the "Alternative Procedure" provided in section 5 of Revenue Procedure 96-60, 1996-2 C.B. 399, (i) Purchaser will report on a predecessor/successor basis as set forth therein, (ii) CBS and its Affiliates will be relieved from filing a Form W-2 with respect to any Business Employee who accepts employment with Purchaser or its Affiliates, and (iii) Purchaser will undertake to file (or cause to be filed) a Form W-2 for each such employee for the year that includes the Closing Date, including the portion of such year that such employee was employed by CBS or its Affiliates (provided, however, that any agreement between CBS and Purchaser that CBS or its Affiliates shall furnish to Purchaser payroll and related services under the Transitional Services Agreement provided for in Section 5.20(a) and any actions by either party in connection with such agreement shall not alter or otherwise affect the agreement set forth in this Section 5.5(s5.5(r)). CBS agrees to provide Purchaser with all payroll and employment-related information with respect to each Business Employee who accepts employment with Purchaser (or an Affiliate) and to otherwise cooperate in following the "Alternative Procedure."