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 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 the Company may otherwise agree in writing, the Director Advisor Stockholder hereby covenants and agrees that the Director 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 Director Advisor Stockholder further covenants and agrees that he or she will furnish the Company with copies of the forms of election the Director Advisor Stockholder files within thirty (30) days after the date hereof, and within thirty (30) days after each exercise of the Director 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 Director Management Stockholder hereby covenants and agrees that the Director 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 Director Management Stockholder further covenants and agrees that he or she will furnish the Company with copies of the forms of election the Director Management Stockholder files within thirty (30) days after the date hereof, and within thirty (30) days after each exercise of the Director 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 Director Management Stockholder hereby covenants and agrees that the Director 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 Director Management Stockholder further covenants and agrees that he or she will furnish the Company with copies of the forms of election the Director Management Stockholder files within thirty (30) days after the date hereof, and within thirty (30) days after each exercise of the Director 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 Director Stockholder Shareholder hereby covenants and agrees that the Director 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 Agreementpursuant to Section 1; and the Director Stockholder Shareholder further covenants and agrees that he or she will furnish the Company with copies of the forms of election the Director Stockholder Shareholder files within thirty (30) 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 the Company may otherwise agree in writing, the Director Management Stockholder hereby covenants and agrees that the Director 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 Director Management Stockholder further covenants and agrees that he or she will furnish the Company with copies of the forms of election the Director Management Stockholder files within thirty (30) days after the date hereof, and within thirty (30) days after each exercise of the Director 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 Director Management Stockholder hereby covenants and agrees that the Director 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 Director Management Stockholder further covenants and agrees that he or she will furnish the Company with copies of the forms of election the Director Management Stockholder files within thirty (30) 30 days after the date hereof, and within thirty (30) 30 days after each exercise of the Director Management Stockholder’s Non-Qualified Options and with evidence that each such election has been filed in a timely manner.