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GWW » Topics » Section 83(b) Election

This excerpt taken from the GWW 10-Q filed Aug 2, 2006.
Section 83(b) Election. The Committee may provide in an Award Agreement that the Award of Restricted Stock is conditioned upon the Participant making or refraining from making an election with respect to the Award under Section 83(b) of

 

 

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the Code. If a Participant makes an election pursuant to Section 83(b) of the Code concerning a Restricted Stock Award, the Participant shall be required to file promptly a copy of such election with the Company.

 

"Section 83(b) Election" elsewhere:

Arrow Electronics (ARW)
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