Common use of 83(b) Election Clause in Contracts

83(b) Election. Within 30 days after the acquisition of the Incentive Units at the Closing, Director will make an effective election (an “83(b) Election”) with the Internal Revenue Service under Section 83(b) of the Internal Revenue Code of 1986, as amended, and the regulations promulgated thereunder in the form of Exhibit A attached hereto.

Appears in 3 contracts

Samples: Investment and Director Compensation Agreement (Maravai Lifesciences Holdings, Inc.), Investment and Director Compensation Agreement (Maravai Lifesciences Holdings, Inc.), Investment and Director Compensation Agreement (Maravai Lifesciences Holdings, Inc.)

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83(b) Election. Within 30 days after the acquisition of the Incentive Units Executive Securities at the Initial Closing, Director Executive will make an effective election (an “83(b) Election”) with the Internal Revenue Service under Section 83(b) of the Internal Revenue Code of 1986, as amended, and the regulations promulgated thereunder in the form of Exhibit A attached hereto.

Appears in 2 contracts

Samples: Senior Management Agreement (Maravai Lifesciences Holdings, Inc.), Senior Management Agreement (Maravai Lifesciences Holdings, Inc.)

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83(b) Election. Within 30 days after the acquisition of the Incentive Units Executive Securities at the Closing, Director Executive will make an effective election (an “83(b) Election”) with the Internal Revenue Service under Section 83(b) of the Internal Revenue Code of 1986, as amended, and the regulations promulgated thereunder in the form of Exhibit A attached hereto.

Appears in 2 contracts

Samples: Senior Management Agreement (Maravai Lifesciences Holdings, Inc.), Senior Management Agreement (Maravai Lifesciences Holdings, Inc.)

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