Common use of Covenant Regarding 83(b) Election Clause in Contracts

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.

Appears in 6 contracts

Samples: Initial Grant (Evenflo Co Inc), 'S Agreement (Evenflo Co Inc), Stockholder's Agreement (Kindercare Learning Centers Inc /De)

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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.

Appears in 3 contracts

Samples: Management Stockholder's Agreement (Kindercare Learning Centers Inc /De), Management Stockholder's Agreement (Kindercare Learning Centers Inc /De), Management Stockholder's Agreement (Kindercare Learning Centers Inc /De)

Covenant Regarding 83(b) Election. Except as the Company may otherwise agree in writing, the Purchaser hereby covenants and agrees that he 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 Shares to be acquired upon each exercise of the Purchaser's ’s Options; and the Purchaser further covenants and agrees that he 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 the Purchaser's Non-Qualified ’s Options and with evidence that each such election has been filed in a timely manner.

Appears in 2 contracts

Samples: Management Shareholders Agreement (Avago Technologies Manufacturing (Singapore) Pte. Ltd.), Management Shareholders Agreement (Avago Technologies LTD)

Covenant Regarding 83(b) Election. Except as the Company may otherwise agree in writing, the Purchaser The Optionee hereby covenants and agrees that he that, unless otherwise determined by the Company, Optionee 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 Shares to be acquired upon each exercise of the Purchaser's OptionsOptionee’s Options by filing with the Internal Revenue Service such election substantially in the form attached hereto as Exhibit B; and Purchaser the Optionee further covenants and agrees that he will furnish the Company with copies of the forms of election the Purchaser Optionee files within 30 days after the date hereof, and within 30 days after each exercise of Purchaser's Non-Qualified the Optionee’s Options and with evidence that each such election has been filed in a timely manner.

Appears in 2 contracts

Samples: Non Qualified Share Option Agreement (Avago Technologies Manufacturing (Singapore) Pte. Ltd.), Non Qualified Share Option Agreement (Avago Technologies LTD)

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.

Appears in 1 contract

Samples: Management Stockholder's Agreement (Corning Consumer Products Co)

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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 the 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 the Purchaser's Non-Qualified Options and with evidence that each such election has been filed in a timely manner.

Appears in 1 contract

Samples: Stockholder's Agreement (Accuride Corp)

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 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.

Appears in 1 contract

Samples: S Agreement (Borden Chemical Inc)

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