Common use of Tax Election Clause in Contracts

Tax Election. The Grantee understands that an election may be made under Section 83(b) of the Code to accelerate the Grantee’s tax obligation with respect to receipt of the Shares from the Vesting Dates to the Grant Date by submitting an election to the Internal Revenue Service substantially in the form attached hereto.

Appears in 9 contracts

Samples: Restricted Stock Award Agreement (Richmond Mutual Bancorporation, Inc.), Restricted Stock Award Agreement (Sound Financial Bancorp, Inc.), Incentive Stock Option Award Agreement (Sound Financial Bancorp, Inc.)

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Tax Election. The Grantee understands that an election may be made under Section 83(b) of the Code to accelerate the Grantee’s tax obligation with respect to receipt of the Shares from the Vesting Dates date the Shares would otherwise vest under this Agreement to the Grant Date by timely submitting an election to the Internal Revenue Service substantially in the form attached heretohereto (or in accordance with the Internal Revenue Service rules in effect at the time the election is made).

Appears in 9 contracts

Samples: Restricted Stock Award Agreement (First Northwest Bancorp), Restricted Stock Award Agreement (First Financial Northwest, Inc.), Restricted Stock Award Agreement (First Financial Northwest, Inc.)

Tax Election. The Grantee understands that an election may be made under Section 83(b) of the Code to accelerate the Grantee’s tax obligation with respect to receipt of the Shares from the Vesting Dates to the Grant Date by submitting an election to the Internal Revenue Service substantially in the form attached hereto.

Appears in 4 contracts

Samples: Restricted Stock Award Agreement (Southern Missouri Bancorp Inc), Restricted Stock Award Agreement (Sound Financial, Inc.), Incentive Stock Option Award Agreement (Heritage Financial Group Inc)

Tax Election. The Grantee understands that an election may be made under Section 83(b) of the Code to accelerate the Grantee’s tax obligation with respect to receipt of the Shares from the Vesting Dates to the Grant Date by timely submitting an election to the Internal Revenue Service substantially in the form attached heretohereto (or in accordance with the Internal Revenue Service rules in effect at the time the election is made, e.g., electronically). This election shall not accelerate when dividends related to those Shares will be paid.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (Mid-Southern Bancorp, Inc.), Restricted Stock Award Agreement (Mid-Southern Bancorp, Inc.), Restricted Stock Award Agreement (Timberland Bancorp Inc)

Tax Election. The Grantee understands that an election may be made under Section 83(b) of the Code to accelerate the Grantee’s 's tax obligation with respect to receipt of the Shares from the Vesting Dates to the Grant Date by submitting an election to the Internal Revenue Service substantially in the form attached hereto.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (Banner Corp), Restricted Stock Award Agreement (Banner Corp), Restricted Stock Award Agreement (Citizens Community Bancorp Inc.)

Tax Election. The Grantee understands that an election may be made under Section 83(b) of the Code to accelerate the Grantee’s 's tax obligation with respect to receipt of the Shares from the Vesting Dates date the Shares would otherwise vest under this Agreement to the Grant Date by timely submitting an election to the Internal Revenue Service substantially in the form attached heretohereto (or in accordance with the Internal Revenue Service rules in effect at the time the election is made).

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Riverview Bancorp Inc), Restricted Stock Award Agreement (First Financial Northwest, Inc.)

Tax Election. The Grantee understands that an election may be made under Section 83(b) of the Code to accelerate the Grantee’s tax obligation with respect to receipt of the Shares from the Vesting Dates to the Grant Date by timely submitting an election to the Internal Revenue Service substantially in the form attached heretohereto (or in accordance with the Internal Revenue Service rules in effect at the time the election is made).

Appears in 1 contract

Samples: Restricted Stock Award Agreement (FS Bancorp, Inc.)

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Tax Election. The Grantee understands that an election may be made under Section 83(b) of the Code to accelerate the Grantee’s 's tax obligation with respect to receipt of the Shares from the Vesting Dates to the Grant Date by timely submitting an election to the Internal Revenue Service substantially in the form attached heretohereto (or in accordance with the Internal Revenue Service rules in effect at the time the election is made, e.g., electronically). This election shall not accelerate when dividends related to those Shares will be paid.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (FS Bancorp, Inc.)

Tax Election. The Grantee understands that an election may be made under Section 83(b) of the Code to accelerate the Grantee’s 's tax obligation with respect to receipt of the Shares from the Vesting Dates to the Grant Date by submitting an election to the Internal Revenue Service substantially in the form attached hereto.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Banner Corp)

Tax Election. The Grantee understands that an election may be made under Section 83(b) of the Code to accelerate the Grantee’s 's tax obligation with respect to receipt of the Shares from the Vesting Dates date the Shares would otherwise vest under this Agreement to the Grant Date by timely submitting an election to the Internal Revenue Service substantially in accordance with the form attached heretoInternal Revenue Service rules in effect at the time the election is made.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Banner Corp)

Tax Election. The Grantee understands that an election may be made under Section 83(b) of the Code to accelerate the Grantee’s 's tax obligation with respect to receipt of the Shares from the Vesting Dates to the Grant Date by submitting an election to the Internal Revenue Service substantially in the form attached hereto.

Appears in 1 contract

Samples: Performance Based Restricted Stock Award Agreement (Southern Missouri Bancorp, Inc.)

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