Covenant Regarding 83(b) Election. Except as the Company may otherwise agree in writing, to the extent applicable, the Management Stockholder hereby covenants and agrees that he will make an election provided pursuant to Treasury Regulation Section 1.83-2 with respect to the Stock, including without limitation, the Stock to be acquired upon each exercise of the Management Stockholder’s Options; and the Management Stockholder further covenants and agrees that he will furnish the Company with copies of the forms of election the Management Stockholder files within thirty (30) days after the date hereof, and within thirty (30) days after each exercise of Management Stockholder’s Options and with evidence that each such election has been filed in a timely manner.
Covenant Regarding 83(b) Election. Except as the Company may otherwise agree in writing, the Purchaser hereby covenants and agrees that he will make an election provided pursuant to Treasury Regulation 1.83-2 with respect to the Stock, including without limitation, the Stock to be acquired pursuant to Section 1 and the Stock to be acquired upon each exercise of the Purchaser's Options; and Purchaser further covenants and agrees that he will furnish the Company with copies of the forms of election the Purchaser files within 30 days after the date hereof, and within 30 days after each exercise of Purchaser's Non-Qualified Options and with evidence that each such election has been filed in a timely manner.
Covenant Regarding 83(b) Election. Except as the Company may otherwise agree in writing, the Management Stockholder hereby covenants and agrees that he will make an election provided pursuant to Treasury Regulation 1.83-2 with respect to the Stock, including without limitation, the Stock to be acquired pursuant to Section 1(a) and the Stock to be acquired upon each exercise of the Management Stockholder's Stock Options; and Management Stockholder further covenants and agrees that he will furnish the Company with copies of the forms of election the Management Stockholder files within 30 calendar days after the date hereof, and within 30 calendar days after each exercise of Management Stockholder's Stock Options and with evidence that each such election has been filed in a timely manner.
Covenant Regarding 83(b) Election. Except as the Company may otherwise agree in writing, the Purchaser will make an election provided pursuant to Treasury Regulation 1.83-2 with respect to the Stock, including without limitation, the Stock to be acquired pursuant to Section 1 and the Stock to be acquired upon each exercise of the Purchaser's Options; and Purchaser will furnish the Company with copies of the forms of election the Purchaser files within 30 days after the date hereof, and within 30 days after each exercise of Purchaser's Options and with evidence that each such election has been filed in a timely manner.
Covenant Regarding 83(b) Election. Except as the Company may otherwise agree in writing, the Employee Stockholder hereby covenants and agrees that he will make an election provided pursuant to Treasury Regulation 1.83-2 with respect to the Stock, including without limitation, the Stock to be acquired pursuant to Section 1 and the Stock to be acquired upon each exercise of the Employee Stockholder’s Non-Qualified Options; and Employee Stockholder further covenants and agrees that he will furnish the Company with copies of the forms of election the Employee Stockholder files within 30 days after the date hereof, and within 30 days after each exercise of Employee Stockholder’s Non-Qualified Options and with evidence that each such election has been filed in a timely manner.
Covenant Regarding 83(b) Election. Except as the Company may otherwise agree in writing, the Director Stockholder hereby covenants and agrees that the Director Stockholder will make an election provided pursuant to Treasury Regulation Section 1.83-2 with respect to any Stock other than Purchased Stock acquired under this Agreement; and the Director Stockholder further covenants and agrees that he or she will furnish the Company with copies of the forms of election the Director Stockholder files within thirty (30) days after the date hereof, and within thirty (30) days after each exercise of the Director Stockholder’s Options and with evidence that each such election has been filed in a timely manner.
Covenant Regarding 83(b) Election. Except as WMC may otherwise agree in writing, the Employee Stockholder hereby covenants and agrees that he will make an election provided pursuant to Treasury Regulation 1.83-2 with respect shares of Option Stock to be acquired upon each exercise of the Employee Stockholder's Options; and the Employee Stockholder further covenants and agrees that he or she will furnish WMC with copies of the forms of election the Employee Stockholder files and within 30 days after each exercise of the Employee Stockholder Options and with evidence that each such election has been filed in a timely manner.
Covenant Regarding 83(b) Election. Except as the Company may otherwise agree in writing, the Management Stockholder hereby covenants and agrees that he will make an election provided pursuant to Treasury Regulation 1.83-2 with respect to the Stock, including without limitation, the Stock to be acquired pursuant to Section 1 and the Stock to be acquired upon each exercise of the Management Stockholder's Non-Qualified Options; and Management Stockholder further covenants and agrees that he will furnish the Company with copies of the forms of election the Management Stockholder files within 30 days after the date hereof, and within 30 days after each exercise of Management Stockholder's Non-Qualified Options and with evidence that each such election has been filed in a timely manner. The Company agrees that, for purposes of its reporting and withholding in connection with the election provided for in the preceding sentence, the Management Stockholder will not be deemed to have realized any compensation income with respect to any shares of Retained Stock.
Covenant Regarding 83(b) Election. Except as the Company may otherwise agree in writing, the Stockholder hereby covenants and agrees that should the Stockholder make an election provided pursuant to Treasury Regulation Section 1.83-2 with respect to any Restricted Stock that is acquired by the Stockholder that is subject to this Agreement, the Stockholder will furnish the Company with copies of the forms of election the Stockholder files within thirty (30) days after the date of grant of the Restricted Stock and with evidence that such election has been filed in a timely manner.
Covenant Regarding 83(b) Election. Except as the Surviving Corporation may otherwise agree in writing, the Purchaser hereby covenants and agrees that he or she will make an election provided pursuant to Treasury Regulation 1.83-2 with respect to the Investment Shares; and the Purchaser further covenants and agrees that he or she will furnish the Surviving Corporation with copies of the forms of election the Purchaser files within 30 days after the date hereof.
