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

Section 83(b) Elections. To the best knowledge of the Company, all individuals who have purchased shares of the Company’s Common Stock subject at the time of purchase to a substantial risk of forfeiture have timely filed elections under Section 83(b) of the Internal Revenue Code of 1986, as amended, and any analogous provisions of applicable state tax laws.

Appears in 2 contracts

Samples: Promissory Note Purchase Agreement (Rib X Pharmaceuticals Inc), Promissory Note Purchase Agreement (Rib X Pharmaceuticals Inc)

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Section 83(b) Elections. To the best knowledge of the Company’s knowledge, all individuals who have purchased shares of the Company’s Common Stock which are subject at the time of purchase to a substantial risk of forfeiture restrictions have timely filed elections under Section 83(b) of the Internal Revenue Code of 1986, as amended, and any analogous provisions of applicable state tax laws.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Sirenza Microdevices Inc)

Section 83(b) Elections. To the best knowledge of the Company's knowledge, all individuals who have purchased shares of the Company’s 's Common Stock that are subject at the time of purchase to a substantial risk of forfeiture have timely filed elections under Section 83(b) of the Internal Revenue Code of 1986, (as amended, defined below) and any analogous provisions of applicable state tax laws.

Appears in 1 contract

Samples: Securities Purchase Agreement (Finisar Corp)

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Section 83(b) Elections. To the best knowledge of the Company, all individuals who have purchased shares of the Company’s 's Common Stock subject at the time of purchase to a vesting restrictions or other substantial risk risks of forfeiture have filed timely filed elections under Section 83(b) of the Internal Revenue Code of 1986, as amended, and any analogous provisions of applicable state tax laws.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Avenue a Inc)

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