Common use of No Section 83(b) Election Clause in Contracts

No Section 83(b) Election. The grant of the Restricted Shares to you is conditioned upon you not making an election under section 83(b) of the Internal Revenue Code of 1986, as amended (the “Code”) with respect to the Restricted Shares. By acknowledging this Agreement through the Plan website, you agree not to make an election under Code section 83(b) with respect to the Restricted Shares.

No Section 83(b) Election. The grant of the Shares of Restricted Shares Stock to you is conditioned upon you not making an election under section 83(b) of the Internal Revenue Code of 1986, as amended (the “Code”) with respect to the Restricted Shares. By acknowledging signing and delivering this Agreement through the Plan websiteAgreement, you covenant and agree not to make an election under Code section 83(b) with respect to the Shares of Restricted SharesStock.