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 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 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: S Agreement (Kindercare Learning Centers Inc /De), 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 will make an election provided pursuant to Treasury Regulation 1.83-2 with respect to the Stock to be acquired upon each exercise of the Purchaser's OptionsPurchase Stock; 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 each exercise of Purchaser's Options and with evidence that each such election has been filed in a timely mannerthe Purchase Date.
Appears in 1 contract
Covenant Regarding 83(b) Election. Except as the Company may otherwise agree in writing, the Purchaser Optionee 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 upon each exercise of the PurchaserOptionee's Options; and Purchaser 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 each exercise of PurchaserOptionee's Non-Qualified Options and with evidence that each such election has been filed in a timely manner.
Appears in 1 contract
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: Management Stockholder's Agreement (Kindercare Learning Centers Inc /De)