be permitted to modify a Specified Date distribution date and/or payment option in accordance with [Section 9.2] of the Plan. Distribution elections changes will not be permitted for Separation from Service elections.

be permitted to modify a scheduled distribution date and/or payment option in accordance with [Section 9.2] of the Plan.

Except as set forth in [Section 5.4(b)], prior to the initial establishment of a Deferred Compensation Account for a Director, the Director must elect that upon Separation from Service the values and quantities held in the Director’s Deferred Compensation Accounts be distributed to the Director, pursuant to the provisions of [Section 7] in a single lump sum or in a series of annual installments not to exceed ten (10) years. The time for the commencement of distributions shall be elected by the Director and shall not be later than the first of the month coinciding with or next following the second anniversary of the Director’s Separation from Service. Notwithstanding the foregoing, a Director may elect to modify his or her distribution election to delay distribution under this [Section 5.4] provided that such modification is subject to the requirements of the Modification Delay.

Distribution Election. Participants or Beneficiaries may elect on an individual basis whether the 5-year rule or the rule in [[Section 9.2(b)(2)(ii) and 9.2(b)(4)(ii)])]] (the “life expectancy rule”) applies to distributions after the death of a Participant who has a designated Beneficiary. The election must be made no later than the earlier of September 30 of the calendar year in which distribution would be required to begin under [Section 9.2(b)(2)(ii)], or by September 30 of the calendar year which contains the fifth anniversary of the Participant’s (or, if applicable, surviving Spouse’s) death. If neither the Participant nor the Beneficiary makes an election under this [Section 9.2(b)(5)(ii)], distributions will be made in accordance with [[Sections 9.2(b)(2)(ii), 9.2(b)(4)(ii) and 9.2(b)(5)(i)])])]])].

Change of Election. The percentage or amount of Excess Earnings designated by a Participant as a Basic Deferral for any given Plan Year shall continue in effect for such Plan Year, notwithstanding any change in Earnings. In the event a Participant is on a bona fide leave of absence with the Participating Employer’s consent, or in military service in conformity with the Participating Employer’s policies, such Participant’s Basic Deferrals shall continue if Earnings are being continued by the Participating Employer and if the Participant has Excess Earnings. If Earnings are not being continued or if the Participant does not have Excess Earnings, then, upon the Participant’s return to employment, his or her Basic Deferrals will be resumed, but no additional deferrals will be required or permitted to make up for amounts not deferred during periods of no or insufficient Earnings.

7.6Distribution Change Election. Each Participant may elect to change the time and form of payment of one or more Accounts maintained for the Participant under this Plan (a “Distribution Change Election”) as provided below if each of the following conditions are satisfied: # such Distribution Change Election shall not become effective until 12 months after such election is filed with the Officer Committee, and # the Distribution Change Election must be filed at least 12 months prior to the Distribution Commencement Date with respect to such Account. A Participant’s Distribution Change Election with respect to an Account pursuant to this [Section 7.6] shall be void and unenforceable if the Distribution Commencement Date with respect to the Account occurs less than 12 months after the Participant files the Distribution Change Election with the Officer Committee. If a Participant timely files a Distribution Change Election with respect to an Account, the Participant may elect to make the changes to the time and form of distribution with respect to each type of Account as described below:

Change to Prior Election. A Director may elect (using a form approved by the Company) to change a form of payment previously elected with respect to his or her Cash Account (or if the Director had made no election, then to elect a form other than the lump-sum), provided # such new election does not take effect until at least 12 months after the date the election is made, and # if commencement of payment is not related to the Director's Disability or death, the first payment with respect to which such new election is effective is deferred for a period of five years from the date such payment would otherwise have commenced.

Change in Investment Election. Effective for the close of any business day, a Participant may change his or her investment election for all of his existing Accounts in 5

Change of Investment Election. A Participant may elect, pursuant to procedures established by the Committee and subject to applicable limitations herein, a change with respect to his or her previously-made investment election.

Election An individual who is a Director on the Effective Date may elect by election duly filed with (and received by) the Committee on or before ​, to defer all or a portion of his or her fees for Board or committee meetings from ​ to ​