Common use of Section 83(b) Clause in Contracts

Section 83(b). Except as provided in this Agreement, Restricted Shares that may be earned hereunder are not transferable and are subject to a substantial risk of forfeiture. Participant may, within the third (30) day period after the Committee Determination Date, in Participant’s sole discretion make an election with the Internal Revenue Service under Section 83(b) of the Code. If Participant makes such an election, Participant will promptly file a copy of such election with the Company.

Appears in 1 contract

Samples: Performance Equity Award Agreement (Oxford Industries Inc)

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Section 83(b). Except as provided in this Agreement, Restricted Shares that may be earned hereunder granted and evidenced under this Agreement are not transferable and are subject to a substantial risk of forfeiture. Participant may, within the third thirty (30) day period after the Committee Determination Grant Date, in Participant’s sole discretion make an election with the Internal Revenue Service under Section 83(b) of the Code. If Participant makes such an election, Participant will promptly file a copy of such election with the Company.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Oxford Industries Inc)

Section 83(b). Except as provided in this Agreement, Restricted Shares that may be earned hereunder are not transferable and are subject to a substantial risk of forfeiture. Participant may, within the third thirty (30) day period after the Committee Determination Date, in Participant’s sole discretion make an election with the Internal Revenue Service under Section 83(b) of the Code. If Participant makes such an election, Participant will promptly file a copy of such election with the Company.

Appears in 1 contract

Samples: Performance Equity Award Agreement (Oxford Industries Inc)

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Section 83(b). Except as provided in this Agreement, Restricted Shares that may be earned hereunder granted and evidenced under this Agreement are not transferable and are subject to a substantial risk of forfeiture. Participant may, within the third thirty (30) day period after the Committee Determination Grant Date, in Participant’s sole discretion make an election with the Internal Revenue Service under Section 83(b) of the Code. If Participant makes such an election, Participant will promptly file a copy of such election with the Company.. ​

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Oxford Industries Inc)

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