Common use of Filing Responsibility Clause in Contracts

Filing Responsibility. OPTIONEE ACKNOWLEDGES THAT IT IS OPTIONEE’S SOLE RESPONSIBILITY, AND NOT THE COMPANY’S, TO FILE A TIMELY ELECTION UNDER CODE SECTION 83(b), EVEN IF OPTIONEE REQUESTS THE COMPANY OR ITS REPRESENTATIVES TO MAKE THIS FILING ON HIS OR HER BEHALF.

Appears in 3 contracts

Sources: Stock Option Agreement (Vital Farms, Inc.), Stock Option Agreement (Vital Farms, Inc.), Stock Option Agreement (Vital Farms, Inc.)

Filing Responsibility. OPTIONEE ACKNOWLEDGES THAT IT IS --------------------- OPTIONEE’S 'S SOLE RESPONSIBILITY, AND NOT THE COMPANY’S'S, TO FILE A TIMELY TT1MELY ELECTION UNDER CODE SECTION 83(b), EVEN IF OPTIONEE REQUESTS THE COMPANY OR ITS REPRESENTATIVES TO MAKE THIS FILING ON HIS OR HER BEHALF.

Appears in 1 contract

Sources: Stock Purchase Agreement (Clearcommerce Corp)

Filing Responsibility. OPTIONEE ACKNOWLEDGES THAT IT IS OPTIONEE’S 'S SOLE RESPONSIBILITY, AND NOT THE COMPANY’SCORPORATION'S, TO FILE A TIMELY ELECTION UNDER CODE SECTION 83(b), EVEN IF OPTIONEE REQUESTS THE COMPANY CORPORATION OR ITS REPRESENTATIVES TO MAKE THIS FILING ON HIS OR HER BEHALF.

Appears in 1 contract

Sources: Stock Option Agreement (Electronic Sensor Technology, Inc)