Disregarded Entity. The Seller is, and shall at all times prior to the termination of this Agreement continue to be disregarded as separate from its owner within the meaning of U.S. Treasury Regulation § 301.7701-3. The Seller’s owner for U.S. federal income tax purposes is a United States person within the meaning of Section 7701(a)(30) of the Code.

Entity. As used in this Agreement, the term the “Company” shall include, as applicable, Hilton Resorts Corporation, the Company’s employer entity that is wholly owned by the Company.

Entity. As used in this Agreement, the term the “Company” shall include, as applicable, Hilton Resorts Corporation, the Company’s employer entity that is wholly owned by the Company.

Entity. If Contractor is a limited liability company, corporation, other type of legal entity, the undersigned individual agrees to be personally responsible for the performance by Contractor of its obligations under this Agreement.

Disregarded Entity. The Seller will at all relevant times continue to be, a “disregarded entity” within the meaning of U.S. Treasury Regulation § 301.7701-3 that is disregarded as separate from a United States person within the meaning of Section 7701(a)(30) of the Code and is not and will at all relevant times not be required to withhold or otherwise be subject to liability under [Sections 1441, 1445, 1446 and 1461]1]1]1] of the Code.

Disregarded Entity. No action will be taken that would cause the Seller to # be treated other than as a “disregarded entity” within the meaning of U.S. Treasury Regulation § 301.7701-3 that is disregarded as separate from a United States person within the meaning of Section 7701(a)(30) of the Code for U.S. federal income tax purposes or # become an association taxable as a corporation or a publicly traded partnership taxable as a corporation for U.S. federal income tax purposes.

Certain Reductions Disregarded. In computing the payments under [subsections (a) through (c)] above, any reduction in Executive’s base salary, bonus or fringe benefits shall be disregarded if such reduction constituted Good Reason as defined in Section 1(h) of this Agreement including the text before and in [subsections (1) through (9)] and the paragraph immediately following [subsection (9)], but excluding the remaining text of Section 1(h).

Entity. As used in this Agreement, the term the “Company” shall include, as applicable, Hilton Resorts Corporation, the Company’s employer entity that is wholly owned by the Company.

Entity. As used in this Agreement, the term the “Company” shall include, as applicable, Hilton Resorts Corporation, the Company’s employer entity that is wholly owned by the Company.

“Disregarded Entity” means an entity that, pursuant to Treas. Reg. § 301.7701-2(c)(2), is disregarded for U.S. federal income Tax purposes as an entity separate from its owner.