Deferral Period. If the Participant elects on the Deferral Election to have the shares underlying the Restricted Stock Unit award and/or Performance Stock Unit award deferred for a specified period, the shares shall be distributed, or commence to be distributed, within 30 days of the end of specified period as elected by the Participant. For example, if a Participant elects to have the shares underlying the 2013 grant of Restricted Stock Units which vest on deferred for 3 years, the shares shall be distributed within 30 days following . If the Participant incurs a Termination of Employment prior to the end of the elected deferral period, the shares underlying the Restricted Stock Unit award and/or Performance Stock Unit award shall be distributed, or commence to be distributed, within 30 days following the end of the elected deferral period (the Termination of Employment is not a distribution event under this [Section 4.1]).
Deferral Period. If the Participant elects on the Deferral Election to have the shares underlying the Restricted Stock Unit award and/or Performance Stock Unit award deferred for a specified period, the shares shall be distributed, or commence to be distributed, within 30 days of the end of specified period as elected by the Participant. For example, if a Participant elects to have the shares underlying the 20132022 grant of Restricted Stock Units which vest on deferred for 3 years, the shares shall be distributed within 30 days following . If the Participant incurs a Termination of Employment prior to the end of the elected deferral period, the shares underlying the Restricted Stock Unit award and/or Performance Stock Unit award shall be distributed, or commence to be distributed, within 30 days following the end of the elected deferral period (the Termination of Employment is not a distribution event under this [Section 4.1]).
Earlier of End of Deferral Period.Period or Termination of Employment. If the Participant elects on the Deferral Election to have the shares underlying the Restricted Stock Unit award and/or Performance Stock Unit award deferred foruntil the earlier of the end of a specified period,period or Termination of Employment, the shares shall be distributed, or commencecommenced to be distributed, within 30 days of the earlier of the end of specified period as elected byor Termination of Employment. Notwithstanding the Participant. For example, ifforegoing, in the event that the Participant is a Participant elects to haveSpecified Employee (as such term is defined in the SERP) and distribution of the shares underlying the 2013 grant of Restricted Stock Units which vest on deferred for 3 years, the shares shallwill be distributed within 30 days following . If the Participant incurs amade upon Termination of Employment prior to the end of the elected deferral period, the shares underlying the Restricted Stock Unit award and/Employment, distribution, or Performance Stock Unit awardcommencement, shall be distributed, or commence to be distributed,occur within 30 days following the enddate that is six months after the date of the elected deferral period (theParticipant’s Termination of Employment is not a distribution event under this [Section 4.1]).Employment.
Deferral Period. IfTermination of Employment. In the event that a Participant elects on the Deferral Election Form to have thetheir shares underlying the Restricted Stock Unit award and/or Performance Stock Unit award deferred for a specified period, the shares shall be distributed, or commence to be distributed, upon Termination of Employment, such shares shall be distributed, or commenced to be distributed, to the Participant within 30 days of their Termination of Employment. Notwithstanding the end of specified period as elected byforegoing, in the Participant. For example, if a Participant elects to have the shares underlying the 2013 grant of Restricted Stock Units which vest on deferred for 3 years, the shares shall be distributed within 30 days following . Ifevent that the Participant incursis a TerminationSpecified Employee (as such term is defined in the SERP), distribution, or commencement, of Employment prior to the end of the elected deferral period, the shares underlying the Restricted Stock Unit award and/or Performance Stock Unit award shall be distributed, or commence to be distributed,occur within 30 days following the enddate that is six months after the date of the elected deferral period (theParticipant’s Termination of Employment is not a distribution event under this [Section 4.1]).Employment.
Earlier of End of Deferral Period.Period or Termination of Employment. If the Participant elects on the Deferral Election to have the shares underlying the Restricted Stock Unit award and/or Performance Stock Unit award deferred foruntil the earlier of the end of a specified period,period or Termination of Employment, the shares shall be distributed, or commencecommenced to be distributed, within 30 days of the end of specified period as elected by the Participant. For example, if a Participant elects to have the shares underlying the 2013 grant of Restricted Stock Units which vest on deferred for 3 years, the shares shall be distributed within 30 days following . If the Participant incurs a Termination of Employment prior to the end of the elected deferral period, the shares underlying the Restricted Stock Unit award and/or Performance Stock Unit award shall be distributed, or commence to be distributed, within 30 days following the end of the elected deferral period (the Termination of Employment is not a distribution event under this [Section 4.1]).
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