Option Deductions definition

Option Deductions means any U.S. federal or state Tax deductions or losses of the Company attributable to the portion of the Company Option-Based Merger Consideration paid or accrued as of the Closing Date.
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Option Deductions means any deductions (including net operating losses resulting from such deductions) attributable to any Option Event.
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Option Deductions has the meaning set forth in Section 7.10 hereof.
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Examples of Option Deductions in a sentence

  • Carryovers or carrybacks of any Option Deductions shall be considered to be subject to the rules of the Code and the Treasury Regulations or the appropriate provisions of U.S. state and local income and franchise tax law, as applicable, governing the use, limitation and expiration of carryovers or carrybacks of the relevant type.

  • The Realized Tax Benefit for each Taxable Year is intended to measure the decrease in the actual liability for Taxes of the Corporate Taxpayer for such Taxable Year attributable to the Option Deductions, determined using a “with and without” methodology.

  • If a carryover or carryback of any Tax item includes a portion that is attributable to any Option Deductions and another portion that is not, such portions shall be considered to be used in accordance with the “with and without” methodology.

  • For each year, within thirty (30) days after the filing of the Sangoma CTR for the year, or if earlier, the due date of such return taking into account any applicable extensions, Buyer will deliver to Sellers’ Representative a statement of the Tax Benefit attributable to the S2S Option Deductions for such year.

  • The Tax Benefit will be equal to the amount by which the Tax liability shown on the IRS Form 1120 (and relevant state and local income Tax Returns) for the relevant year is less than the Tax liability that would have been shown on the IRS Form 1120 (and relevant state and local income Tax Returns) for the relevant year, had the relevant year IRS Form 1120 (and relevant state and local incme Tax Retruns) not included the S2S Option Deductions.

  • Press Release, Homeland Security & Governmental Affairs Permanent Subcommittee on Investigations, Senate Investigations Subcommittee Releases New Data on Excessive Corporate Stock Option Deductions Totaling $52 Billion (June 16, 2010), https://www.hsgac.senate.gov/subcommittees/investigations/media/senate- investigations-subcommittee-releases-new-data-on-excessive-corporate- stock-option-deductions-totaling-52-billion [https://perma.cc/F33X-VFY3].

  • Unfortunately, again, an exact quantitative measure of what this new, lower tax rate should be is extremely difficult to estimate with precision.123 A Proposed Solution to Stock Option Deductions Tax Avoidance The problem of non-statutory stock options lies in the wording of one provision of the I.R.C. and its related Section in the C.F.R., I.R.C. Section 83(h) and C.F.R. Section 1.83-7(a)–(b).

  • The Stub NOL is treated as attributable to the S2S Option Deductions to the extent the taxable loss of the Company in the Stub Period is more than the Taxable loss that the Company would have had in the Stub Period if the S2S Option Deductions had not been claimed.

Related to Option Deductions

  • Transaction Deductions means the sum of all items of loss or deduction for U.S. federal income tax purposes resulting from or attributable to (a) the payment of legal, financial advisory, accounting and other fees and expenses of the Group Companies (but not of Buyer) in connection with the transactions contemplated hereby, including the Seller Transaction Expenses and (b) any other payment contemplated by this Agreement that is in the nature of compensation for U.S. federal income tax purposes.

  • Agreed Deductions means any deductions the Agency Worker has agreed can be made from their pay;

  • Tax Deduction means a deduction or withholding for or on account of Tax from a payment under a Finance Document.

  • Over-Allotment Option means the option of the Underwriters to purchase up to an additional 15 per cent of the firm units (as described in the Articles) issued in the IPO at a price equal to US$10 per unit, less underwriting discounts and commissions.

  • Purchase Period means a period of time specified within an Offering, generally beginning on the Offering Date or on the first Trading Day following a Purchase Date, and ending on a Purchase Date. An Offering may consist of one or more Purchase Periods.

  • Allowable Deductions means the following costs, charges, and expenses incurred or accrued by Payor:

  • Elective Deferral means the portion of Compensation which is deferred by a Participant under Section 4.1.

  • Grant Amount or “Grant” means the total amount of financial assistance disbursed under this Agreement, which consists of the City's Amount and the Consultant’s Amount.

  • UK Tax Deduction means a deduction or withholding for, or on account of, Tax imposed by the United Kingdom from a payment under a Loan Document, other than a FATCA Deduction.

  • Elective Deferrals mean Compensation and Elective Deferrals for: . [Note: The Employer must complete the blank line with the applicable time period for computing the Basic Match, such as "each payroll period," "each calendar month," "each Plan Year quarter" or "the Plan Year."]

  • Maximum Settlement Amount means the maximum amount the Company may be required to pay pursuant to this Settlement, which is the sum of Three Hundred Thousand Dollars ($300,000), excluding any of the Company’s employer-side share of FICA, FUTA, and other similar, mandatory employer-side payroll taxes. In no event shall the Maximum Settlement Amount exceed the foregoing sum.

  • post compulsory deduction salary means the amount of salary available to be packaged after payroll deductions required by legislation or order have been taken into account. Such payroll deductions may include, but are not limited to, taxes, compulsory superannuation payments, HECS payments, child support payments, and judgement debtor/garnishee orders.

  • Elective Deferral Account means the account established hereunder to which Elective Deferrals (including a separate accounting for Catch-Up Contributions) are allocated. Amounts in the Participant's Elective Deferral Account are nonforfeitable when made and are subject to the distribution restrictions of Section 12.2(e). The Elective Deferral Account may consist of the

  • Permitted Deductions means the sum of, without duplication, the following costs or expenses:

  • Payroll deduction means your premium is remitted to Aflac for you by your employer through a payroll deduction process or any other method agreed to by Aflac and the employer.

  • Gross Settlement Fund means the Settlement Amount plus all interest earned thereon.

  • Option Payment shall have the meaning set forth in Section 3.4.

  • FATCA Deduction means a deduction or withholding from a payment under a Finance Document required by FATCA.

  • Net Share Settlement Amount For any Settlement Date, an amount equal to the product of (i) the number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for the relevant Valuation Date and (iii) the Warrant Entitlement.

  • Excess Elective Deferrals means the amount of Elective Deferrals (as defined below) for a calendar year that the Participant designates to the Plan pursuant to the following procedure. The Participant’s designation: shall be submitted to the Administrator in writing no later than March 1; shall specify the Participant’s Excess Elective Deferrals for the preceding calendar year; and shall be accompanied by the Participant’s written statement that if the Excess Elective Deferrals is not distributed, it will, when added to amounts deferred under other plans or arrangements described in Section 401(k), 408(k) or 403(b) of the Code, exceed the limit imposed on the Participant by Section 402(g) of the Code for the year in which the deferral occurred. Excess Elective Deferrals shall mean those Elective Deferrals that are includible in a Participant's gross income under Section 402(g) of the Code to the extent such Participant's Elective Deferrals for a taxable year exceed the dollar limitation under such Code section.

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Cash Settlement Averaging Period means (a) with respect to any Conversion Date occurring on or after the 24th Scheduled Trading Day immediately preceding the Maturity Date, the twenty (20) consecutive Trading Day period ending on, and including, the third Scheduled Trading Day immediately preceding the Maturity Date and (b) in all other cases, the twenty (20) consecutive Trading Day period beginning on, and including, the third Trading Day immediately following the relevant Conversion Date.

  • Excess Deferrals means, with respect to any taxable year of a Participant, either (a) those elective deferrals within the meaning of Code §§402(g) or 402A that are made during the Participant's taxable year and exceed the dollar limitation under Code §402(g) (including, if applicable, the dollar limitation on Catch-Up Contributions defined in Code §414(v)) for such year; or (b) are made during a calendar year and exceed the dollar limitation under Code §§402(g) and 402A (including, if applicable, the dollar limitation on Catch-Up Contributions defined in Code §414(v)) for the Participant's taxable year beginning in such calendar year, counting only Elective Deferrals made under this Plan and any other plan, contract or arrangement maintained by the Employer.

  • Option Exercise Period has the meaning set forth in Section 6.4.

  • Transaction Tax Deductions means, to the extent Tax deductible for Income Tax purposes, all compensation attributable to payments by a Company or Company Subsidiary on or prior to the Closing Date, including employee transaction-related bonuses, change of control payments, and severance payments, resulting from or related to the consummation of the Contemplated Transactions that are charged to Sellers as part of the Transaction Expenses.

  • Gross Settlement Amount means $240,000 which is the total amount Standard agrees to pay under the Settlement, except as provided in Paragraph 8 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.