Define: Section 83(b) election
What does "Section 83(b) election" mean? The meaning differs based on the contract. We found 2 definitions across 2 companies in SEC filings.
Definition 1 (CISCO SYSTEMS, INC., seen in 1 filing)
Section 83(b) election means an election under Section 83(b) of the Code to recognize income in the year of grant.
Source: CISCO SYSTEMS, INC. 10-Q
Definition 2 (Brookfield Asset Management Ltd., seen in 1 filing)
Section 83(b) election means an election under Section 83(b) of the Code.
Source: Brookfield Asset Management Ltd. 10-K
Data extracted from 2 SEC EDGAR filings across 2 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.
This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.