Covered Securities; Section 83 Sample Clauses

Covered Securities; Section 83. No share of Company Stock is a “covered security” within the meaning of Section 6045(g) of the Code, nor is there any share of Company Stock that was issued in connection with the performance of services and subject to vesting for which no valid and timely election was filed pursuant to Section 83(b) of the Code. The Company has delivered or made available to Parent true, correct and complete copies of all election statements under Section 83(b) of the Code, together with evidence of timely filing of such election statements with the appropriate IRS office, with respect to any Company Stock that was initially subject to a vesting arrangement issued by the Company to any of its employees (including, for the avoidance of doubt, non-employee directors, consultants and other service providers).