Certain Tax Consequences. Set forth below is a brief summary as of the Effective Date of the Plan of some of the federal tax consequences of exercise of the Option and disposition of the Shares. THIS SUMMARY IS NECESSARILY INCOMPLETE, AND THE TAX LAWS AND REGULATIONS ARE SUBJECT TO CHANGE. OPTIONEE SHOULD CONSULT A TAX ADVISER BEFORE EXERCISING THE OPTION OR DISPOSING OF THE SHARES.
Appears in 4 contracts
Sources: Restricted Stock Purchase Agreement (Accolade, Inc.), Stock Option Agreement (Grail, Inc.), Stock Option Agreement (Grail, Inc.)