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Common use of 83(b) Election Clause in Contracts

83(b) Election. The Participant shall timely make an election permitted under Section 83(b) of the Code to be taxed with respect to the shares of Restricted Stock as of the Date of Grant and shall deliver a copy of such election to the Company within ten (10) days after filing notice of such election with the Internal Revenue Service, together with any required tax withholding. The Participant hereby acknowledges that it is the Participant’s sole responsibility, and not the Company’s, to file timely the election permitted under Section 83(b) of the Code.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Duck Creek Technologies, Inc.), Restricted Stock Award Agreement (Duck Creek Technologies, Inc.)

83(b) Election. The Participant shall timely make an election permitted under Section 83(b) of the Code to be taxed with respect to upon the shares of Restricted Stock as issuance of the Date of Grant and Accelerated Shares. To effect such election, the Participant shall deliver a copy of such file an election to in the Company within ten (10) days after filing notice of such election form attached hereto as Exhibit A with the Internal Revenue Service, together Service within thirty (30) days of the date of this Agreement and otherwise in accordance with any required tax withholdingapplicable Treasury Regulations. The Participant hereby acknowledges that it is shall provide the Participant’s sole responsibility, and not the Company’s, to file timely the election permitted under Section 83(b) Company with an executed copy of the Codesuch election.

Appears in 2 contracts

Samples: Share Repayment Agreement (Piedmont Natural Gas Co Inc), Share Repayment Agreement (Piedmont Natural Gas Co Inc)

83(b) Election. The If the Participant shall timely make an makes the election permitted under Section 83(b) of the Code to be taxed with respect to the shares of Restricted Stock as of the Date of Grant and Grant, the Participant shall deliver a copy of such election to the Company within ten (10) days after filing notice of such election with the Internal Revenue Service, together with any required tax withholding. A form of such election is attached hereto as Exhibit A. The Participant hereby acknowledges that it is the Participant’s sole responsibility, and not the Company’s, to file timely the election permitted under Section 83(b) of the Code.. IF 2= 1 "" "2" 5

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Duck Creek Technologies, Inc.)

83(b) Election. The If the Participant shall timely make an makes the election permitted under Section 83(b) of the Code to be taxed with respect to the shares of Restricted Stock as of the Date of Grant and Grant, the Participant shall deliver a copy of such election to the Company within ten (10) days after filing notice of such election with the Internal Revenue Service, together with any required tax withholding. A form of such election is attached hereto as Exhibit A. The Participant hereby acknowledges that it is the Participant’s sole responsibility, and not the Company’s, to file timely the election permitted under Section 83(b) of the Code.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Duck Creek Technologies, Inc.)