Common use of 83(b) Elections Clause in Contracts

83(b) Elections. Each holder of Company Restricted Shares that were subject to vesting as of the date of issuance has provided to the Company evidence that such holder timely filed an election under Section 83(b) of the Code. A copy of the evidence provided to the Company of each election made under Section 83(b) of the Code in respect of Company Restricted Shares has been made available to Parent.

Appears in 1 contract

Sources: Merger Agreement (Sana Biotechnology, Inc.)

83(b) Elections. Each holder of Company Restricted Shares that were subject to vesting as of the date of issuance has provided to the Company evidence that such holder timely filed an election under Section 83(b) of the Code. A copy of the evidence provided to the Company of each election made under Section 83(b) of the Code in respect of Company Restricted Shares that has previously been made available to the Company has been made available to Parent.

Appears in 1 contract

Sources: Merger Agreement (Revolution Medicines, Inc.)