We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Tax Track definition

Tax Track means one of the three tax tracks described under Section 102, specifically: (1) the “Capital Gains Track Through a Trustee”; (2) “Income Tax Track Through a Trustee”; or (3) the “Income Tax Track Without a Trustee”; each as defined in Sections 11.1-11.2 of this Plan, respectively.
Sample 1Sample 2Sample 3
Tax Track means one of the tax tracks described under Section 102.
Sample 1Sample 2Sample 3
Tax Track means one of the three tax tracks described under Section 102, specifically: (1) the Capital Gains Track Through a Trustee; (2) Earned Income Track; or (3) the Income Tax Track Without a Trustee.
Sample 1Sample 2Sample 3

Examples of Tax Track in a sentence

  • The terms and conditions applicable to the trust relating to the Tax Track selected by the Company, as appropriate, shall be set forth in an agreement signed by the Company and the Trustee (the “Trust Agreement”).

  • Such Additional Rights shall be treated in accordance with the provisions of the applicable Tax Track.

  • The Company shall notify each Participant in the Grant Letter, under which Tax Provision the Options are Granted and, if applicable, under which Section 102 Tax Track, each Option is Granted.

  • By accepting the Award, you understand and agree that the Units are offered subject to and in accordance with the Israeli Addendum (Sub-Plan) to the Plan (the “Israeli Subplan”), are granted under the Capital Gains Tax Track Through a Trustee (as defined in the Israeli Subplan) and are intended to qualify for favorable tax treatment set forth under the “capital gains” track of Section 102 of the Israeli Income Tax Ordinance [new version] 1961 (“102 Capital Gains Treatment”).

  • However, upon exercise of Options under this Tax Track, the Trustee shall hold such Underlying Shares for the benefit of the Israeli Participant in accordance with the provisions of Section 15 of this Plan.


More Definitions of Tax Track

Tax Track means one of the three tax tracks described under Section 102, specifically: (i) the 102 Capital Gains Track; (ii) the 102 Ordinary Income Track; or (iii) the 102 Non-Trustee Track.
Sample 1Sample 2Sample 3
Tax Track means one of the five tax tracks described in sections 7.1-7.5 to this Plan, including one of the three Section 102 Tax Tracks.
Sample 1Sample 2Sample 3
Tax Track means the capital gain route under section 102 of the Ordinance or any similar specification under applicable Law.
Sample 1Sample 2
Tax Track means one of the three tax tracks described in Section 102.
Sample 1
Tax Track means either Capital Gain Award (CGA), or Ordinary Income Award (OIA), or Unapproved 102 Award, or 3(i) Option.
Sample 1
Tax Track means one of the three tax tracks described under Section 102, specifically: (1) the “Capital Gains Track Through a Trustee”; (2) “Income Tax Track Through a Trustee”; or (3) the “Income Tax Track Without a Trustee”; each as defined in Sections ________, respectively.
Sample 1
Tax Track. - means the capital gain tax track by a trustee, as set out in Section 102.
Sample 1