It was the first new township created after Hunterdon became a county. The township was incorporated as Readingtown Township, one of New Jersey's initial group of 104 townships, on February 21, 1798. Portions of the township were annexed by Tewksbury Township in 1832 and 1861. The township was named for John Reading, the first native-born governor of the British Province of New Jersey. Covering more than 48 square miles (120 km 2), it is the largest township in the county, covering almost 11% of the county's area.
Excluded Assets. The Purchased Assets do not include, and the [PARTY A] is not acquiring under this agreement (collectively, the Excluded Assets): any of the capital stock of the [PARTY B]; any Employee Benefit Plan, or any interest in or right under such plan;
UBIT (Unrelated Business Income Tax) If your IRA owns an asset or interest that produces unrelated business taxable income (UBIT), your IRA may be subject to an unrelated business income tax (UBIT) pursuant to Section 511 of the Internal Revenue Code. UBIT applies if ALL of the following are true: Income is derived from trade or business activity (i.e., sale of goods and services).