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2. Said maintenance payments shall be includable in
the gross income of Wife and deductible from the gross
income of Husband for Federal and State income tax purposes,
within the meaning and intendment of the provisions of
Section 71 and 215 of the United States Internal Revenue
Code of 1954, as amended, or of any identical or comparable
provision of any revenue code or amendment thereto which may
be hereinafter enacted.
3. So long as Wife is receiving maintenance payments
from Husband, she shall be entitled to claim TRACY LYNN as a
dependency exemption on her Federal and State income tax
returns.
ARTICLE VI.
LUMP SUM SETTLEMENT OF PROPERTY RIGHTS
A. At the end of the sixth year from the date of this
Judgment, and in full settlement of all claims to property
and maintenance, Husband shall pay to Wife the sum of
$30,000.00 in cash.
B. Husband shall pay to wife one-half of any Christmas
bonus received for ten years from the date of this Judgment
while he is an employee of UPS as a lump sum settlement of
property rights and not as maintenance and further
consideration for covenants herein contained.
* * * * * * *
ARTICLE XIV.
GENERAL PROVISIONS
* * * * * * *
C. BINDING ON HEIRS
1. All of the provisions of this Agreement shall be
binding upon the respective heirs, next-of-kin, executors,
assigns and administrators of the parties hereto.
D. ILLINOIS LAW TO APPLY
2. This Agreement shall be construed in accordance
with the laws of the State of Illinois, entirely independent
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