Protective Section 83(b) Election. As of the Effective Time, and as a condition precedent to the acquisition of the Management Shares hereunder, the Purchaser shall make an election with the IRS under Section 83(b) of the Code and the regulations promulgated thereunder (a “Protective Section 83(b) Election”) with respect to the Unvested Management Shares (as defined below), and the Purchaser shall provide a copy of such form to the Company promptly following its filing, which is required under current law to be filed with the IRS no later than thirty (30) days after the date in which the Effective Time occurs. The form for making the Protective Section 83(b) Election is attached hereto as Schedule B.
Appears in 5 contracts
Samples: Management Subscription Agreement (Amc Entertainment Holdings, Inc.), Management Subscription Agreement (Amc Entertainment Holdings, Inc.), Management Subscription Agreement (Amc Entertainment Holdings, Inc.)
