Common use of Tax Election Clause in Contracts

Tax Election. The Grantee understands that an election may be made under Section 83(b) of the Code to accelerate the Grantee’s tax obligation with respect to receipt of the Shares from the date the Shares would otherwise vest under this Agreement to the Grant Date by timely submitting an election to the Internal Revenue Service substantially in the form attached hereto (or in accordance with the Internal Revenue Service rules in effect at the time the election is made).

Appears in 9 contracts

Samples: Restricted Stock Award Agreement (Banner Corp), Restricted Stock Award Agreement (First Financial Northwest, Inc.), Restricted Stock Award Agreement (Timberland Bancorp Inc)

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Tax Election. The Grantee understands that an election may be made under Section 83(b) of the Code to accelerate the Grantee’s tax obligation with respect to receipt of the Shares from the date the Shares would otherwise vest under this Agreement Vesting Dates to the Grant Date by timely submitting an election to the Internal Revenue Service substantially in the form attached hereto (or in accordance with the Internal Revenue Service rules in effect at the time the election is made)hereto.

Appears in 9 contracts

Samples: Sound Financial (Sound Financial Bancorp, Inc.), Restricted Stock Award Agreement (Sunshine Financial Inc), Restricted Stock Award Agreement (ViewPoint Financial Group Inc.)

Tax Election. The Grantee understands that an election may be made under Section 83(b) of the Code to accelerate the Grantee’s tax obligation with respect to receipt of the Shares from the date the Shares would otherwise vest under this Agreement Vesting Dates to the Grant Date by timely submitting an election to the Internal Revenue Service substantially in the form attached hereto (or in accordance with the Internal Revenue Service rules in effect at the time the election is made)hereto.

Appears in 4 contracts

Samples: Restricted Stock Award Agreement (Sound Financial, Inc.), Restricted Stock Unit Award Agreement (Heritage Financial Group Inc), Restricted Stock Award Agreement (Southern Missouri Bancorp Inc)

Tax Election. The Grantee understands that an election may be made under Section 83(b) of the Code to accelerate the Grantee’s tax obligation with respect to receipt of the Shares from the date the Shares would otherwise vest under this Agreement Vesting Dates to the Grant Date by timely submitting an election to the Internal Revenue Service substantially in the form attached hereto (or in accordance with the Internal Revenue Service rules in effect at the time the election is made, e.g., electronically). This election shall not accelerate when dividends related to those Shares will be paid.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (Mid-Southern Bancorp, Inc.), Restricted Stock Award Agreement (Mid-Southern Bancorp, Inc.), Restricted Stock Award Agreement (Timberland Bancorp Inc)

Tax Election. The Grantee understands that an election may be made under Section 83(b) of the Code to accelerate the Grantee’s 's tax obligation with respect to receipt of the Shares from the date the Shares would otherwise vest under this Agreement Vesting Dates to the Grant Date by timely submitting an election to the Internal Revenue Service substantially in the form attached hereto (or in accordance with the Internal Revenue Service rules in effect at the time the election is made)hereto.

Appears in 3 contracts

Samples: Incentive Plan Restricted Stock Award Agreement (Citizens Community Bancorp Inc.), Restricted Stock Award Agreement (Banner Corp), Restricted Stock Award Agreement (Banner Corp)

Tax Election. The Grantee understands that an election may be made under Section 83(b) of the Code to accelerate the Grantee’s 's tax obligation with respect to receipt of the Shares from the date the Shares would otherwise vest under this Agreement to the Grant Date by timely submitting an election to the Internal Revenue Service substantially in the form attached hereto (or in accordance with the Internal Revenue Service rules in effect at the time the election is made).

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Riverview Bancorp Inc), Restricted Stock Award Agreement (First Financial Northwest, Inc.)

Tax Election. The Grantee understands that an election may be made under Section 83(b) of the Code to accelerate the Grantee’s 's tax obligation with respect to receipt of the Shares from the date the Shares would otherwise vest under this Agreement to the Grant Date by timely submitting an election to the Internal Revenue Service substantially in the form attached hereto (or in accordance with the Internal Revenue Service rules in effect at the time the election is made)hereto.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Banner Corp)

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Tax Election. The Grantee understands that an election may be made under Section 83(b) of the Code to accelerate the Grantee’s 's tax obligation with respect to receipt of the Shares from the date the Shares would otherwise vest under this Agreement Vesting Dates to the Grant Date by timely submitting an election to the Internal Revenue Service substantially in the form attached hereto (or in accordance with the Internal Revenue Service rules in effect at the time the election is made, e.g., electronically). This election shall not accelerate when dividends related to those Shares will be paid.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (FS Bancorp, Inc.)

Tax Election. The Grantee understands that an election may be made under Section 83(b) of the Code to accelerate the Grantee’s 's tax obligation with respect to receipt of the Shares from the date the Shares would otherwise vest under this Agreement Vesting Dates to the Grant Date by timely submitting an election to the Internal Revenue Service substantially in the form attached hereto (or in accordance with the Internal Revenue Service rules in effect at the time the election is made)hereto.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Southern Missouri Bancorp, Inc.)

Tax Election. The Grantee understands that an election may be made under Section 83(b) of the Code to accelerate the Grantee’s 's tax obligation with respect to receipt of the Shares from the date the Shares would otherwise vest under this Agreement to the Grant Date by timely submitting an election to the Internal Revenue Service substantially in the form attached hereto (or in accordance with the Internal Revenue Service rules in effect at the time the election is made).

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Banner Corp)

Tax Election. The Grantee understands that an election may be made under Section 83(b) of the Code to accelerate the Grantee’s tax obligation with respect to receipt of the Shares from the date the Shares would otherwise vest under this Agreement Vesting Dates to the Grant Date by timely submitting an election to the Internal Revenue Service substantially in the form attached hereto (or in accordance with the Internal Revenue Service rules in effect at the time the election is made).

Appears in 1 contract

Samples: Restricted Stock Award Agreement (FS Bancorp, Inc.)

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