Common use of Code Section 83(b) Election Clause in Contracts

Code Section 83(b) Election. The Participant acknowledges that the Participant may make an election under Section 83(b) of the Code, provided such election is made within 30 days of the Grant Date and a copy of such election is provided to the Company.

Appears in 2 contracts

Sources: Restricted Stock Agreement (Quorum Health Corp), Restricted Stock Agreement (Quorum Health Corp)

Code Section 83(b) Election. The Participant acknowledges that the Participant may is permitted to make an election with respect to the Restricted Stock under Section 83(b) of the Internal Revenue Code of 1986, as amended (the β€œCode”). If the Participant makes an election under Code Section 83(b), provided such election is made within 30 days of then the Grant Date and Participant shall provide a copy of such election is provided to the CompanyCompany within 30 days following the date of this Agreement.

Appears in 1 contract

Sources: Restricted Stock Award Agreement (First Financial Corp /In/)