Define: Taxable event
What does "Taxable event" mean? The meaning differs based on the contract. We found 2 definitions across 2 companies in SEC filings.
Definition 1 (DANAHER CORP /DE/, seen in 1 filing)
Taxable event means an event that creates a tax liability.
Source: DANAHER CORP /DE/ 10-K
Definition 2 (AMGEN INC, seen in 1 filing)
Taxable event means the exercise of the Option, the assignment or release of the Option for consideration, or the receipt of any other benefit in connection with the Option.
Source: AMGEN INC 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.