Tax Election definition

Tax Election is defined in the Recitals of this Agreement.
Tax Election means an election by the Participant and/or his employing company or any Member of the Group for a particular tax and/or social security treatment in respect of his Award and/or the Shares he may acquire pursuant to it (which may include a joint election under section 431(1) or 431(2) of the UK Income Tax (Earnings and Pensions) Act 2003 or an equivalent election pursuant to such other tax legislation that may be applicable to Participants and/or employing companies or Members of the Group situated in jurisdictions other than the UK);
Tax Election means the written election filed at the option of a Director with the Internal Revenue Service, as described in Section 2.3.

Examples of Tax Election in a sentence

  • In its sole discretion, Acquireco may choose to sign and return Tax Election Packages received more than 90 days following the Effective Date, but Acquireco will have no obligation to do so.

  • Thereafter, subject to the Tax Election Package being duly completed, the relevant forms will be signed by Acquireco and returned to such persons within 150 days after the Effective Date for filing with the CRA (or the applicable provincial taxing agency).


More Definitions of Tax Election

Tax Election has the meaning set forth in the Recitals.
Tax Election means a written election of a Holder or an Optionee, or a Permitted Assignee, to have Shares withheld to satisfy withholding taxes as described in Section 10.1.
Tax Election shall include, but is not limited to, any election, claim, disclaimer, or waiver relating to any Tax, Tax Return, Tax Attribute or Tax Benefit.
Tax Election has the meaning assigned to such term in Section 9.2(a).
Tax Election means an election for a particular tax and/or social security treatment in respect of an Award or the Shares acquired pursuant to it (which may include a joint election under Chapter 2 of Part 7 of ITEPA or an overseas equivalent);
Tax Election has the meaning set forth in Section 3.18(x).
Tax Election is defined in Section 11.2(a).