Example ContractsClausesDeferral Election
Deferral Election
Deferral Election contract clause examples

has the meaning given to such term in [Section 9.3] of the Plan.

means an election (including a deemed election) by an Active Participant directing the Participating Company of which he or she is an Employee to withhold a percentage of his or her current Compensation from his or her paychecks and to contribute such withheld amount to the Plan as Participant Contributions, pursuant to the terms of Section 3.1.

Deferral Election. A Participant may elect to defer receipt of between 1% and 80% of the Participant’s Base Salary and between 1% and 100% of Bonus Compensation (or such other minimum and maximum amounts as determined by the Plan Administrator), in increments of 1% only, by completing an Election Notice and submitting it in accordance with Plan procedures during the Election Period. The Election Notice shall also specify the form of payment as set forth in [Section 5.3] and the Benefit Commencement Date as set forth in [Section 5.4]. Unless otherwise specified by the Plan Administrator, Base Salary and/or Bonus Compensation deferred under this Section 4.1 shall be credited to a Participant’s Account as soon as practical after the date such amounts would have otherwise been payable to the Participant.

A Director who elects to participate in the deferral of Director’s Fees under the Plan shall file a deferral election on a form, which shall indicate:

I hereby irrevocably elect to receive the cash and shares of Stock issuable pursuant to any RSUs (and any associated Dividend Equivalents) granted to me in 2018 and any future calendar years, until such time as a new signed Deferral Election Form is received by the Company, upon the earliest to occur of my death, “disability” (as defined in the Nonqualified

For each share of Common Stock to be issued to me pursuant to the Restricted Stock Unit Agreement effective ​, I hereby irrevocably elect to defer the receipt of such Common Stock as set forth below.

For each share of Common Stock to be issued to me pursuant to the Restricted Stock Unit Agreement effective ​, I hereby irrevocably elect to defer the receipt of such Common Stock as set forth below.

I hereby irrevocably elect to receive the cash and shares of Stock issuable pursuant to any RSUs (and any associated Dividend Equivalents) granted to me in 2022 and any future calendar years, until such time as a new signed Deferral Election Form is received by the Company, upon the earliest to occur of my death, “disability” (as defined in the Nonqualified

A Director who elects to participate in the deferral of Director’s Fees under the Plan shall file a deferral election on a form, which shall indicate:

A deferral election shall be effective for the payroll period next following the date on which the election is executed and shall remain effective unless and until amended.

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