Payment of consideration is subject to any deduction or withholding (taxes or otherwise) that is required by applicable law and all sums so deducted or withheld are treated for all purposes under this Agreement as if they had been paid by Buyer to Seller. Where applicable, the seller provides the buyer with blunt signed W-8 or W-9 forms. SELLER ACKNOWLEDGES that it has all necessary authorizations to enter into and perform this Agreement, and Seller also acknowledges that it has taken all necessary entrepreneurial steps on the part of Seller, its respective directors and shareholders, necessary for seller`s authorization, execution, delivery and execution of this Agreement and the conclusion of the transaction provided for therein.