Common use of Act 1992 Clause in Contracts

Act 1992. This Election does not apply to the extent that it relates to relevant employment income which is employment income of the earner by virtue of Chapter 3A of Part VII of ITEPA (employment income: securities with artificially depressed market value).

Appears in 13 contracts

Sources: Global Stock Option Award Agreement (Palo Alto Networks Inc), Restricted Stock Unit Agreement (Zenas BioPharma, Inc.), Global Restricted Stock Unit Agreement (Akamai Technologies Inc)

Act 1992. This Election does not apply to the extent that it relates to relevant employment income which is employment income of the earner by virtue of Chapter 3A of Part VII of ITEPA 2003 (employment income: securities with artificially depressed market value).

Appears in 4 contracts

Sources: Restricted Stock Unit Agreement (Ambarella Inc), Stock Option Agreement (Ambarella Inc), Stock Option Agreement (Ambarella Inc)