Section 83 Election

Example Definitions of "Section 83 Election"
Section 83 Election. An election made pursuant to Section 83(b) of the Internal Revenue Code of 1986, as amended, electing to be taxed with respect to the Restricted Shares at the time of grant rather than upon the forfeiture of the Restrictions.
Section 83 Election. The term "Section 83(b) Election" means an election made with the IRS under Section 83(b) of the Code and the regulations promulgated thereunder.
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