I understand that this Settlement Election Form will become effective and irrevocable as of 5:00 pm CT on , which is the Election Deadline. I acknowledge that, if I do not complete and timely submit this Settlement Election Form, the RSUs granted to me during will be settled 40% in cash and 60% in shares of Stock (with Dividend Equivalents settled in cash).
“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.
New Hires. A Newly Hired Employee may elect within 30 days of becoming an Employee to defer base salary earned subsequent to the deferral election becoming effective and in the year of hire. Such an election shall become irrevocable and effective at the end of this 30-day period.
To make an election pursuant to this [Section 2.05], Borrower shall notify Lender of such election by telephone by the time that a Borrowing Request would be required under [Section 2.03] if Borrower were requesting a Borrowing of the Type resulting from such election to be made on the effective date of such election. Each such telephonic Interest Election Request shall be irrevocable and shall be confirmed promptly by hand delivery or telecopy to Lender of a written Interest Election Request in the form of a Borrowing Request (with proper election made for an interest rate election only) and signed by Borrower.
Any election or deemed election by a Participant to have Shares withheld to satisfy tax withholding obligations under [Section 11(a)(iii) or (iv)])] above shall be irrevocable as to the particular Shares as to which the election is made and shall be subject to the consent or disapproval of the Administrator. Any election by a Participant under [Section 11(a)(iv)] above must be made on or prior to the applicable Tax Date.
specified calendar year under method # above results in an Evergreen Payment Election of 2018, the deemed Evergreen Payment Election for that the 2017 Plan Year shall be a lump sum payment following zero years after the Participant’s Termination of Employment). The Evergreen Payment Election shall be irrevocable for the Plan Year. For the avoidance of doubt, Participants are able to prevent an Evergreen Payment Election as described in this Subsection by making an affirmative payment election under [Section 2.8(a)(i)(B)].”
Notwithstanding the preceding requirements, in the event an Employee becomes eligible to participate during the Plan Year in accordance with [Section 3.1(c)] above, such Eligible Employee may make an irrevocable Salary Deferral election within 30 days from the date of eligibility with respect to any Salary earned after such election. For purposes of clarity, and without limitation, the Company may prescribe a “negative” election for Salary Deferrals, meaning that it may impose an automatic Salary Deferral election, provided the Eligible Employee has an opportunity during the election period to affirmatively change such election.
An Eligible Director may elect to defer payment of Eligible Fees under Section V.4 or V.5 of this Plan by filing, no later than the last day of a Plan Year (or by such earlier date as the Plan administrator shall determine), an irrevocable election with the administrator on a form provided for that purpose. The Annual Deferral Election shall be effective with respect to the Eligible Fees payable during the following Plan Year. The Deferral Election Form shall specify an amount to be deferred expressed as a percentage of the Eligible Director’s annual retainer, as provided in the form attached hereto as [Exhibit D].
Election to Exercise. To exercise the Option, the Optionee (or in the case of exercise after the Optionee’s death or incapacity, the Optionee’s executor, administrator, heir or legatee, as the case may be) must deliver to the Company an executed stock option exercise agreement in such form as is approved by the Committee from time to time (the “Exercise Agreement”), which shall set forth, inter alia:
Time of Election. An election to defer all or any portion of Eligible Compensation for any Year shall be made in writing in the form (“Election Form”) prescribed by the Secretary.
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