A must make their Deferral Election under this [Section 3.2] no later than December 31 of the calendar year prior to the calendar year for which the Performance Stock Unit award relates (or such earlier date that the Administrator may specify). For example, on ​, an Employee receives a Performance Stock Unit award attributable to the 2012 Plan Year. The Employee must make a Deferral Election to defer the receipt of the shares underlying the Performance Stock Unit award no later than ​ (or such earlier date that the Administrator may specify).

A Participant must make their Deferral Election under this [Section 3.2] no later than December 31 of the calendar year prior to the calendar year for which the Performance Stock Unit award relates (or such earlier date that the Administrator may specify). For example, on ​, an Employee receives a Performance Stock Unit award attributable to the 20122023 Plan Year. The Employee must make a Deferral Election to defer the receipt of the shares underlying the Performance Stock Unit award no later than ​ (or such earlier date that the Administrator may specify).

An Employee may make theira Deferral Election under thispursuant to [Section 3.2] no2(h)] provided that such Employee performs services continuously from the later than December 31 of the calendar year prior tobeginning of the calendar year for whichperformance period specified in the Performance Stock Unit award relates (or such earlieror the date that the Administrator may specify). For example, on ​, an Employee receives a Performance Stock Unit award attributable toperformance criteria are established through the 2012 Plan Year. The Employee must makedate a Deferral Election is made, and provided further that in no event may an election to defer the receipt of the shares underlyingunder the Performance Stock Unit award no later than ​ (orbe made after such earlier date that the Administrator may specify)award has become readily ascertainable (as determined in accordance with Section 409A).

For the calendar year prior to the calendar year for which the Performance Stock Unit award relates (or such earlier date that the Administrator2010 and 2011 Plan Year, an LTIP Participant may specify). For example, on ​, an Employee receives a Performance Stock Unit award attributable to the 2012 Plan Year. The Employee must make a Deferral Electionelect to defer the receipt of the shares underlying the Performance Stock Unit award by making a Deferral Election no later than ​ (or such earlier date that the Administrator may specify). An election under this [Section 3.2(h)] shall be irrevocable.

For the calendar year prior to the calendar year for which the Performance Stock Unit award relates (or such earlier date that the Administrator2010 and 2011 Plan Year, an LTIP Participant may specify). For example, on ​, an Employee receives a Performance Stock Unit award attributable to the 2012 Plan Year. The Employee must make a Deferral Electionelect to defer the receipt of the shares underlying the Performance Stock Unit award by making a Deferral Election no later than ​ (or such earlier date that the Administrator may specify). An election under this [Section 3.2(h)] shall be irrevocable.