Common use of Section 83(b) Elections Clause in Contracts

Section 83(b) Elections. All Persons who have purchased shares of the Company’s stock that at the time of such purchase were and on the Closing Date will be subject to a substantial risk of forfeiture under Section 83 of the Code have timely filed elections under Section 83(b) of the Code and any analogous provisions of applicable state and local Tax laws.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Sm&A), Stock Purchase Agreement (Sm&A)

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Section 83(b) Elections. All Persons To the Company’s knowledge, all persons who have purchased shares of the Company’s stock that at the time of such purchase were and on the Closing Date will be subject to a substantial risk of forfeiture under Section 83 of the Code have timely filed elections under Section 83(b) of the Code and any analogous provisions of applicable state and local Tax laws. For purposes of this Section 3.23, references to the Company shall be deemed to include the Company and all of its Subsidiaries.

Appears in 1 contract

Samples: Agreement and Plan of Merger (REVA Medical, Inc.)

Section 83(b) Elections. All Persons persons who have purchased shares of the Company’s stock that at the time of such purchase were and on the Closing Date will be subject to a substantial risk of forfeiture under Section 83 of the Code have timely filed elections under Section 83(b) of the Code and any analogous provisions of applicable state and local Tax lawsLaws.

Appears in 1 contract

Samples: Agreement and Plan of Merger (OccuLogix, Inc.)

Section 83(b) Elections. All Persons To the knowledge of the Company, all persons who have purchased shares of the Company’s 's stock that at the time of such purchase were and on at the Closing Date Effective Time will be subject to a substantial risk of forfeiture under Section 83 of the Code have timely filed elections under Section 83(b) of the Code and any analogous provisions of applicable foreign, state and local Tax laws.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Cubist Pharmaceuticals Inc)

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Section 83(b) Elections. All Persons To the Company’s knowledge, all persons who have purchased shares of the Company’s stock that at the time of such purchase were and on the Closing Date will be subject to a substantial risk of forfeiture under Section 83 of the Code have timely filed elections under Section 83(b) of the Code and any analogous provisions of applicable state and local Tax laws. For purposes of this Section 4.23, references to the Company shall be deemed to include the Company and all of its Subsidiaries.

Appears in 1 contract

Samples: Securities Purchase Agreement (REVA Medical, Inc.)

Section 83(b) Elections. All Persons persons who have purchased shares of the any Company’s stock that at the time of such purchase were and on the Closing Date will be subject to a substantial risk of forfeiture under Section 83 of the Code have have, to the Companies’ Knowledge, timely filed elections under Section 83(b) of the Code and any analogous provisions of applicable state and local Tax laws.

Appears in 1 contract

Samples: Asset Purchase Agreement (Meta Financial Group Inc)

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