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SMG » Topics » 10.04 Tax Requirements and Notification.

This excerpt taken from the SMG 8-K filed Feb 2, 2005.
10.04 Tax Requirements and Notification. Each Participant is solely responsible for satisfying local, state and federal tax requirements associated with any taxable amount received from or associated with his or her participation in the Plan. The Employer will withhold required taxes in the same manner and for the same taxing jurisdiction as it withholds taxes from Participants’ other compensation.

     

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