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 Advisor Stockholder hereby covenants and agrees that the Advisor 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 Advisor Stockholder further covenants and agrees that he or she will furnish the Company with copies of the forms of election the Advisor Stockholder files within thirty (30) days after the date hereof, and within thirty (30) days after each exercise of the Advisor 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 Advisor Management Stockholder hereby covenants and agrees that the Advisor Management Stockholder will make an election provided pursuant to Treasury Regulation Section 1.83-2 with respect to any Stock other than Purchased the Option Stock acquired under this Agreementon exercise of New Options; and the Advisor Management Stockholder further covenants and agrees that he or she will furnish the Company with copies of the forms of election the Advisor Management Stockholder files within thirty (30) days after the date hereof, and within thirty (30) days after each exercise of the Advisor 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 Advisor Management Stockholder hereby covenants and agrees that the Advisor Stockholder he will make an election provided pursuant to Treasury Regulation Section 1.83-2 with respect to any the Stock, including without limitation, the Stock other than Purchased Stock to be acquired under this Agreementupon each exercise of the Management Stockholder’s Options; and the Advisor Management Stockholder further covenants and agrees that he or she will furnish the Company with copies of the forms of election the Advisor Management Stockholder files within thirty (30) days after the date hereof, and within thirty (30) days after each exercise of the Advisor 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 Advisor Stockholder hereby covenants and agrees that should the Advisor Stockholder will make an election provided pursuant to Treasury Regulation Section 1.83-2 with respect to any Restricted Stock other than Purchased Stock that is acquired under by the Stockholder that is subject to this Agreement; and , the Advisor Stockholder further covenants and agrees that he or she will furnish the Company with copies of the forms of election the Advisor Stockholder files within thirty (30) days after the date hereof, and within thirty (30) days after each exercise of grant of the Advisor Stockholder’s Options Restricted Stock 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 Advisor Management Stockholder hereby covenants and agrees that the Advisor Stockholder he will make an election provided pursuant to Treasury Regulation Section 1.83-2 with respect to any Stock other than Purchased the Stock acquired under this Agreementupon each exercise of the New Options (the "Election"); and the Advisor Management Stockholder further covenants and agrees that he or she will furnish the Company with copies of the forms of election Election the Advisor Management Stockholder files within thirty (30) days after the date hereof, and within thirty (30) 30 days after each exercise of the Advisor Stockholder’s such New Options and with evidence that each such election Election has been filed in a timely manner.. 18 18

Covenant Regarding 83(b) Election. Except as the Company may otherwise agree in writing, the Advisor Management Stockholder hereby covenants and agrees that the Advisor Management 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 Agreementany Investment Stock; and the Advisor Management Stockholder further covenants and agrees that he or she will furnish the Company with copies of the forms of election the Advisor Management Stockholder files within thirty (30) days after the date hereof, and within thirty (30) days after each exercise of the Advisor Management Stockholder’s New 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 Advisor Management Stockholder hereby covenants and agrees that the Advisor Stockholder he will make an election provided pursuant to Treasury Regulation Section 1.83-2 with respect to any the Stock other than Purchased Stock to be acquired under this Agreementupon each exercise of the Management Stockholder’s Non-Qualified Options; and the Advisor Management Stockholder further covenants and agrees that he or she will furnish the Company with copies of the forms of election the Advisor Management Stockholder files within thirty (30) 30 days after the date hereof, and within thirty (30) 30 days after each exercise of the Advisor Management 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 Advisor Management Stockholder hereby covenants and agrees that the Advisor Management 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 Advisor Management Stockholder further covenants and agrees that he or she will furnish the Company with copies of the forms of election the Advisor Management Stockholder files within thirty (30) days after the date hereof, and within thirty (30) days after each exercise of the Advisor 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 Advisor Director Stockholder hereby covenants and agrees that the Advisor 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 Advisor Director Stockholder further covenants and agrees that he or she will furnish the Company with copies of the forms of election the Advisor Director Stockholder files within thirty (30) days after the date hereof, and within thirty (30) days after each exercise of the Advisor 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 the Company may otherwise agree in writing, the Advisor Management Stockholder hereby covenants and agrees that the Advisor Management Stockholder will make an election provided pursuant to Treasury Regulation Section 1.83-2 with respect to any Stock other than Purchased that is acquired by the Management Stockholder that is subject to this Agreement and the Option Stock acquired under this Agreementon exercise of any Options; and the Advisor Management Stockholder further covenants and agrees that he or she will furnish the Company with copies of the forms of election the Advisor Management Stockholder files within thirty (30) days after the date hereof, and within thirty (30) days after each exercise of the Advisor Management Stockholder’s Options and with evidence that each such election has been filed in a timely manner.