Common use of Section 431 Election Clause in Contracts

Section 431 Election. As a further condition of the exercise of this Option, the Participant shall have signed a Section 431 Election in the form set out in Appendix 1 or in such other form as may be determined by HM Revenue & Customs from time to time. 

Section 431 Election. As a further condition of the exercise of this Option, the Participant shall have signed a Section 431 Election in the form set out in Appendix 1 Exhibit B or in such other form as may be determined by HM Revenue & Customs from time to time. .

Section 431 Election. As a further condition of the exercise vesting of this OptionAward, the Participant shall have signed a Section 431 Election in the form set out in Appendix 1 Exhibit C or in such other form as may be determined by HM Revenue & Customs from time to time. .