Steve Gerald Huisenfeldt - Page 4

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               on a monthly basis, and all tips received are required to be           
               reported as income on federal income tax returns:                      
                    WHEREAS, the Las Vegas District of the Internal Revenue           
               Service and Las Vegas Hilton Corporation, (hereinafter                 
               “Employer”) have agreed to implement a program to ensure               
               maximum compliance by the employees of the Employer                    
               (hereinafter referred to as an “Employee” or “Employees”)              
               with those provisions of the Internal Revenue Code of 1986,            
               as amended, (hereinafter the “Code”) relating to tip income,           
               to minimize the burden on the Employer resulting from tip              
               compliance programs of the Internal Revenue Service                    
               (hereinafter the “Service”), and to reduce the cost to the             
               Service of enforcing the relevant provisions of the Code;              
                    WHEREAS, the Service and the Employer have agreed to              
               resolve disputes concerning the responsibility of the                  
               Employer under section 3121(q) of the Code for periods                 
               preceding this agreement, and to establish procedures which            
               will prevent such disputes in future periods;                          
                    NOW IT IS HEREBY DETERMINED AND AGREED for federal                
               income and employment tax purposes as follows:                         
                         *    *    *    *    *    *    *                              
               II. EMPLOYEE PARTICIPATION                                             
                    A.   For purposes of this agreement, a “Participating             
               Employee” is an Employee who:                                          
                         1)   reports and continues to report his or her              
               tips to the Employer at or above the “tip rates” established           
               pursuant to Paragraph V of this agreement; and                         
                         2)   timely files federal income tax returns that            
               report those tips.                                                     
                    B.   In order to participate in this program an                   
               Employee must have filed, if required to do so by law,                 
               federal income tax returns for 1988, 1989, 1990 (and 1991              
               when due).  Any Employee who has not filed these returns but           
               wishes to participate in this program must file these                  
               federal income tax returns with the Las Vegas District                 
               Director of the Internal Revenue Service within 60 days of             
               the effective date of this agreement.                                  

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Last modified: May 25, 2011