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.
Found in
TAYLOR CAPITAL GROUP INC contract
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.
All Definitions
Found in
COINMACH SERVICE CORP contract