Crediting of Equity Awards. A participating Director’s Equity Awards that are deferred hereunder shall be credited to his or her Deferred Compensation Account in an equal number of Deferred Stock Units. The Deferred Stock Units related to such deferred Equity Award shall be subject to the same vesting or other forfeiture restrictions that would have otherwise applied to such Equity Award. In the event the participating Director forfeits Deferred Stock Units in accordance with the foregoing, his or her Deferred Compensation Account shall be debited for the number of Deferred Stock Units forfeited.
CreditingUpon receipt of Equity Awards. A participating Director’s Equity Awards that are deferred hereundera Deferred Equity-Based Award by a Director, the Company shall be credited to his or her Deferred Compensation Account in an equalcredit the Director with a number of Deferred Stock Units. The Deferredfull and fractional Stock Units related toas of the date of grant of the award or such deferred Equity Award shall be subject toother date as provided under the same vesting or other forfeiture restrictions that would have otherwise applied to such Equity Award. Interms of the event the participating Director forfeits Deferred Stock Units in accordance with the foregoing, his or her Deferred Compensation Account shall be debited for the number of Deferred Stock Units forfeited.award.
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