“Deferral Election” shall mean the forms (including electronic forms) by which an LTIP Participant makes their election to defer the receipt of shares underlying the grant of Restricted Stock Units and Performance Stock Units.
An LTIP Participant makes their electionmay elect to defer the receipt of all or a portion of the shares underlyingattributable to the grant ofunderlying Restricted Stock UnitsUnit awards by completing and Performance Stock Units.submitting a Deferral Election.
“Deferral Election”Participant” shall mean the forms (including electronic forms) by which an LTIP Participant makes their electionwho has made a Deferral Election to defer the receipt of shares underlying the grant of Restricted Stock Units andUnit awards or Performance Stock Units.Unit awards granted under the LTIP.
Each LTIP Participant makes their electionmay elect to defer the receipt of all or a portion of the shares attributable to underlying the grant of Restricted Stock Units and Performance Stock Units.Unit awards by completing and submitting a Deferral Election.
An LTIP Participant’s Deferral Election” shall mean the forms (including electronic forms) by which an LTIP Participant makes their electionElection to defer the receipt of shares underlying the grantRestricted Stock Unit award is irrevocable for that grant. Such a Deferral Election shall not apply to future grants of Restricted Stock Units and Performance Stock Units.
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