An individual who first becomes an Eligible Employee prior to January 1, 2019, and who was not previously eligible to participate in any other account balance nonqualified deferred compensation plan of the Company or any Subsidiary (a “Similar Plan”), such as TEAP, the Anthem Deferral Election Plan, or the Wyle Deferred Compensation Plan, may elect, within the thirty (30) day period commencing on such date, based on procedures established by the Committee, to defer his or her Base Salary payable for pay periods in such Plan Year beginning after the date of such election, and/or his or her Incentive Compensation earned during the portion of such Plan Year after the date of such election. For Incentive Compensation based upon a specified performance period that begins prior to and ends after the date of such election, the election will apply to that portion of such Incentive Compensation equal to the total such Incentive Compensation multiplied by the ratio of the number of days remaining in the performance period after the election over the total number of days in the performance period applicable to the Participant. The Committee may, in its discretion, extend the application of this [Section 3.2(b)(i)] to one or more individuals who were formerly eligible to participate in the Plan or any Similar Plan but who ceased to be so eligible and who may be treated as newly eligible employees under Treasury Regulation § 1.409A- 2(a)(7).

An individual who first becomes an Eligible Employee on or after January 1, 2019, and who was not previously eligible to participate in any other account balance nonqualified deferred compensation plan of the Company or any Subsidiary (a “Similar Plan”), such as TEAP, the Anthem Deferral Election Plan, or the Wyle Deferred Compensation Plan, may elect to defer his or her Base Salary or Incentive Compensation for the first full Plan Year immediately following the Plan Year in which he or she first became an Eligible Employee, no later than December 1 of the Plan Year in which he or she first became an Eligible Employee (or such later date as the Committee may authorize in its discretion, but not later than December 31 of such Plan Year).