Common use of Section 83(b) Election Clause in Contracts

Section 83(b) Election. If, within 30 days of the Date of Grant, the Participant makes an election under Section 83(b) of the Code, or any successor section thereto, to be taxed with respect to all or any portion of the Restricted Stock as of the date of transfer of the Restricted Stock rather than as of the date or dates upon which the Participant would otherwise be taxable under Section 83(a) of the Code, the Participant shall deliver a copy of such election to the Company immediately after filing such election with the Internal Revenue Service.

Appears in 15 contracts

Samples: Restricted Stock Award Agreement (B/E Aerospace Inc), Restricted Stock Award Agreement (B/E Aerospace Inc), Restricted Stock Award Agreement (B/E Aerospace Inc)

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Section 83(b) Election. If, within 30 days of the Date of GrantGrant Date, the Participant a Holder makes an election under Section 83(b) of the Code, or any successor section thereto, to be taxed with respect to all or any portion of the Restricted Stock as of the date of transfer of the Restricted Stock rather than as of the date or dates upon which the Participant Holder would otherwise be taxable under Section 83(a) of the Code, the Participant Holder shall deliver a copy of such election to the Company immediately after filing such election with the Internal Revenue Service.

Appears in 7 contracts

Samples: Restricted Stock Agreement (WebMD Health Corp.), Restricted Stock Agreement (WebMD Health Corp.), Restricted Stock Agreement (WebMD Health Corp.)

Section 83(b) Election. If, within 30 days of the Date of Grant, the Participant makes an election under Section 83(b) of the Internal Revenue Code of 1986, as amended (the “Code”), or any successor section thereto, to be taxed with respect to all or any portion of the Restricted Stock Shares as of the date of transfer of the Restricted Stock Shares rather than as of the date or dates upon which the Participant would otherwise be taxable under Section 83(a) of the Code, the Participant shall deliver a copy of such election to the Company immediately after filing such election with the Internal Revenue Service.

Appears in 5 contracts

Samples: Restricted Share Award Agreement (Advanced Disposal Services, Inc.), Restricted Share Award Agreement (Advanced Disposal Services, Inc.), Restricted Share Award Agreement (ADS Waste Holdings, Inc.)

Section 83(b) Election. If, within 30 days of following the Date of Grant, the Participant makes an election under Section 83(b) of the Code, or any successor section thereto, to be taxed with respect to all or any portion of the Restricted Stock as of the date of transfer of the Restricted Stock rather than as of the date or dates upon which the Participant would otherwise be taxable under Section 83(a) of the Code, the Committee may require the Participant shall to deliver a copy of such election to the Company immediately after filing such election with the Internal Revenue Service.

Appears in 4 contracts

Samples: Terms of Employment (KLX Energy Services Holdings, Inc.), Terms of Employment (KLX Energy Services Holdings, Inc.), Terms of Employment (KLX Energy Services Holdings, Inc.)

Section 83(b) Election. If, within 30 days of The Participant may elect to be taxed on the Grant Date of Grant, the Participant makes with respect to Restricted Stock rather than when such restrictions lapse by filing an election under Section 83(b) of the Code, or any successor section thereto, Code in a form similar to be taxed with respect to all or any portion of the Restricted Stock as of the date of transfer of the Restricted Stock rather than as of the date or dates upon which the Participant would otherwise be taxable under Section 83(a) of the Code, the Participant shall deliver a copy of such election to the Company immediately after filing such election that set forth in Exhibit B hereto with the Internal Revenue ServiceService within thirty (30) days after the Grant Date.

Appears in 3 contracts

Samples: Restricted Stock Award (CBOE Holdings, Inc.), Restricted Stock Award (Bats Global Markets, Inc.), Restricted Stock Award (Bats Global Markets, Inc.)

Section 83(b) Election. If, within 30 days of the Date of Grant, the Participant makes an election under Section 83(b) of the Code, or any successor section thereto, to be taxed with respect to all or any portion of the Restricted Stock as of the date of transfer of the Restricted Stock rather than as of the date or dates upon which the Participant would otherwise be taxable under Section 83(a) of the Code, the Committee may require the Participant shall to deliver a copy of such election to the Company immediately after filing such election with the Internal Revenue Service.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (KLX Energy Services Holdings, Inc.), Restricted Stock Award Agreement (KLX Energy Services Holdings, Inc.)

Section 83(b) Election. IfThe Recipient has been informed that, with respect to the grant of Restricted Shares, an election may be filed by the Recipient with the Internal Revenue Service, within 30 days of the Date date of Grantissuance, the Participant makes an election under electing pursuant to Section 83(b) of the Code, or any successor section thereto, Code to be taxed with respect to all or any portion of the Restricted Stock as of the date of transfer of the Restricted Stock rather than as of the date or dates upon which the Participant would otherwise be taxable under Section 83(a) of the Code, the Participant shall deliver a copy of such election to the Company immediately after filing such election with the Internal Revenue Service.taxed

Appears in 1 contract

Samples: Restricted Stock Agreement (Capella Education Co)

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Section 83(b) Election. IfUnless prohibited by the Committee, the Participant may make an election, within 30 thirty (30) days of the Date of Grant, the Participant makes an election under pursuant to Section 83(b) of the Internal Revenue Code of 1986, as amended (the “Code, or any successor section thereto”), to be taxed with respect include in gross income for federal income tax purposes an amount equal to the fair market value (as of the Date of Grant) of all or any portion of the this Restricted Stock as of the date of transfer of the Restricted Stock rather than as of the date or dates upon which the Participant would otherwise be taxable under Section 83(a) of the Code, the Participant shall deliver a copy of such election to the Company immediately after filing such election with the Internal Revenue ServiceAward.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Eastern Bankshares, Inc.)

Section 83(b) Election. If, within 30 days of the Date of Grant, the Participant makes an election under Section 83(b) of the Internal Revenue Code of 1986, as amended and the regulations and guidance promulgated thereunder (the “Code”), or any successor section thereto, to be taxed with respect to all or any portion of the Restricted Stock as of the date of transfer of the Restricted Stock rather than as of the date or dates upon which the Participant would otherwise be taxable under Section 83(a) of the Code, the Participant shall deliver a copy of such election to the Company immediately after filing such election with the Internal Revenue Service.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (KLX Inc.)

Section 83(b) Election. If, within 30 days of The Participant may elect to be taxed on the Grant Date of Grant, the Participant makes with respect to Restricted Stock rather than when such restrictions lapse by filing an election under Section 83(b) of the Code, or any successor section thereto, Code in a form similar to be taxed with respect to all or any portion of the Restricted Stock as of the date of transfer of the Restricted Stock rather than as of the date or dates upon which the Participant would otherwise be taxable under Section 83(a) of the Code, the Participant shall deliver a copy of such election to the Company immediately after filing such election that set forth in Exhibit C hereto with the Internal Revenue ServiceService within thirty (30) days after the Grant Date.

Appears in 1 contract

Samples: Restricted Stock Award (BATS Global Markets, Inc.)

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