No Change in Specified Payment Date Permitted. If a Participant has selected a Specified Payment Date with respect to a Deferral Election, subject to the provisions of [Section 10(a)] herein, such election becomes irrevocable as of the last day of the calendar year immediately preceding the calendar year to which the Deferral Election relates.
“Specified Payment Date” means a date certain, if any, specified in a Participant’s Deferral Election that is not later than the last day of the calendar year which includes the tenth (10th) anniversary of a Participant’s Deferral Election; provided, however, that such date shall become irrevocable immediately prior to the first day of the calendar year to which such Deferral Election relates.
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