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 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 set forth in the Restricted Stock Agreement or as the Company may otherwise agree in writing, the Employee 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 1(a), the Stock to be acquired upon each exercise of the Employee Management Stockholder’s Non-Qualified OptionsOptions and any grant of restricted Stock; and Employee Management Stockholder further covenants and agrees that he will furnish the Company with copies of the forms of election the Employee Management Stockholder files within 30 days after the date hereof, and within 30 days after each exercise of Employee 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 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 '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 '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 Employee 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 pursuant to Section 1 and the Stock to be acquired upon each exercise of the Employee Management Stockholder’s Non-Qualified Options; and Employee the Management Stockholder further covenants and agrees that he will furnish the Company with copies of the forms of election the Employee Management Stockholder files within 30 thirty (30) days after each transfer of Stock by the date hereofCompany to the Management Stockholder pursuant to this Management Stockholder’s Agreement, and within 30 thirty (30) days after each exercise of Employee the Management Stockholder’s Non-Qualified Options and with evidence that each such election has been filed with the Internal Revenue Service in a timely manner.