Pursuant to Treasury. Regulations Section 1.409-1(h)(4), the Seller and the Buyer agree that each Transferring Employee shall be treated as having a “separation from service” with the Seller at the Closing Date for purposes of Section 409A of the Code and Treasury Regulations Section 1.409A-1(h).
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Sources: Asset Purchase Agreement (A-Mark Precious Metals, Inc.)
Pursuant to Treasury. Regulations Section 1.409-1(h)(41.409A-1(h)(4), the Seller Transferor and the Buyer Transferee agree that on the Closing Date, each Transferring Transferee Employee shall be treated as having a “separation from service” with the Seller at the Closing Date for purposes of Section 409A of the Code and Treasury Regulations Section 1.409A-1(h).
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Pursuant to Treasury. Regulations Section 1.409-1(h)(41.409A-1(h)(4), the Seller Sellers and the Buyer Purchaser agree that that, on the Closing Date, each Transferring Transferred Employee shall be treated as having a “separation from service” with the Seller at the Closing Date for purposes of Section 409A of the Code and Treasury Regulations Section 1.409A-1(h).
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