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 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.

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)

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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 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 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 ’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 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.

Appears in 2 contracts

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

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