Deferral of Distribution Date. Unless you elect otherwise, the Distribution Date for your Units that vest will be the vesting date of such Units. You may elect a new Distribution Date with respect to your Units that vest by completing the information request below. Please note that, subject to the restrictions set forth below and in the Agreement, your new Distribution Date can take any of the following forms: • You may elect a date certain for your Distribution Date (e.g., January 1, 2010), • You may elect that your Distribution Date will be the date of your death or termination of employment, or • You may elect a Distribution Date that is the earlier of two dates/events (e.g., the earlier of January 1, 2010, or termination of your employment). If you do not elect a Distribution Date by [ , 200 ], you will be deemed to have elected distribution of your vested Units on or as soon as administratively practical after the vesting date of your Units. If, after [ , 200 ], you want to change the Distribution Date with respect to any of your vested Units, your new election must be made at least one year prior to the then-existing Distribution Date and the new Distribution Date you elect must be at least five years after the then-existing Distribution Date. If your election to defer your Distribution Date is not timely, it will not be valid. I elect the following Distribution Date with respect to the shares of Common Stock underlying my Units: (Specify “Vesting Date” if you desire payment of the vested Units on or as soon as administratively practical after the vesting date of the Units. Otherwise, indicate the Distribution Date you elect. In all events your election is subject to the rules stated above (including, without limitation, the 5-year deferral requirement set forth above if you are electing a change on or after [ , 200 ]).
Appears in 1 contract
Sources: Performance Restricted Stock Unit Agreement (Health Care Property Investors Inc)
Deferral of Distribution Date. Unless you elect otherwise, the Distribution Date for your Units that vest will be the vesting date of such Units; provided that in no event shall the Distribution Date occur earlier than the date of the Committee Determination with respect to such Units. You may elect a new Distribution Date with respect to your Units that vest by completing the information request below. Please note that, subject to the restrictions set forth below and in the Agreement, your new Distribution Date can take any of the following forms: • · You may elect a date certain for your Distribution Date (e.g., January 1, 20102011), • · You may elect that your Distribution Date will be the date of your death or termination of employment, or • · You may elect a Distribution Date that is the earlier of two dates/events (e.g., the earlier of January 1, 20102011, or termination of your employment). If you do not elect a Distribution Date by [ , 200 ]on or before the Grant Date, you will be deemed to have elected distribution of your vested Units on or as soon as administratively practical after the vesting date of your Units. If, after [ , 200 ]the Grant Date, you want to change the Distribution Date with respect to any of your vested Units, your new election must be made at least one year prior to the then-existing Distribution Date and Date, the new Distribution Date you elect must be at least five years after the then-existing Distribution Date, and the change must otherwise satisfy the “subsequent election” rules of Section 409A(a)(4)(C) of the Code. If your election to defer your Distribution Date is not timely, it will not be valid. I elect the following Distribution Date with respect to the shares of Common Stock underlying my Units: (Specify “Vesting Date” if you desire payment of the vested Units on or as soon as administratively practical after the vesting date of the Units. Otherwise, indicate the Distribution Date you elect. In all events your election is subject to the rules stated above (including, without limitation, the 5-year deferral requirement set forth above if you are electing a change on or after [ , 200 ]the Grant Date).
Appears in 1 contract
Sources: Performance Restricted Stock Unit Agreement (Health Care Property Investors Inc)
Deferral of Distribution Date. Unless you elect otherwise, the Distribution Date for your Units that vest will be the vesting date of such Units; provided that in no event shall the Distribution Date occur earlier than the date of the Committee Determination with respect to such Units. You may elect a new Distribution Date with respect to your Units that vest some or all of the Tranches by completing the information request below. Please note that, subject to the restrictions set forth below and in the Agreement, your new Distribution Date with respect to a Tranche can take any of the following forms: • · You may elect a date certain for your Distribution Date (e.g., January 1, 20102011), • · You may elect that your Distribution Date will be the date of your death or termination of employment, or • · You may elect a Distribution Date that is the earlier of two dates/events (e.g., the earlier of January 1, 20102011, or termination of your employment). If you do not elect a Distribution Date by [ , 200 ]on or before the Grant Date, you will be deemed to have elected distribution of your vested Units on or as soon as administratively practical after the applicable vesting date of your Units. If, after [ , 200 ]the Grant Date, you want to change the Distribution Date with respect to any of your vested Units, your new election must be made at least one year prior to the then-existing Distribution Date and Date, the new Distribution Date you elect must be at least five years after the then-existing Distribution Date, and the change must otherwise satisfy the “subsequent election” rules of Section 409A(a)(4)(C) of the Code. If your election to defer your Distribution Date is not timely, it will not be valid. I elect the following Tranche Vesting Date Distribution Date* 2 2nd Anniversary of Grant Date with respect to the shares 3 3rd Anniversary of Common Stock underlying my Units: (Specify “Vesting Grant Date 4 4th Anniversary of Grant Date 5 5th Anniversary of Grant Date” if you desire payment of the vested Units on or as soon as administratively practical after the vesting date of the Units. Otherwise, indicate the Distribution Date you elect. In all events your election is subject to the rules stated above (including, without limitation, the 5-year deferral requirement set forth above if you are electing a change on or after [ , 200 ]).
Appears in 1 contract
Sources: Performance Restricted Stock Unit Agreement (Health Care Property Investors Inc)
Deferral of Distribution Date. Unless you elect otherwise, the Distribution Date for your Units that vest will be the vesting date of such Units; provided that in no event shall the Distribution Date occur earlier than the date of the Committee Determination with respect to such Units. You may elect a new Distribution Date with respect to your Units that vest some or all of the Tranches by completing the information request deferral election grid below. Please note that, subject to the restrictions set forth below and in the Agreement, your new Distribution Date with respect to a Tranche can take any of the following forms: • · You may elect a date certain for your Distribution Date (e.g., January 1, 20102011), • · You may elect that your Distribution Date will be the date of your death or termination of employment, or • · You may elect a Distribution Date that is the earlier of two dates/events (e.g., the earlier of January 1, 20102011, or termination of your employment). If you do not elect a Distribution Date by [ , 200 ]on or before the Grant Date, you will be deemed to have elected distribution of your vested Units on or as soon as administratively practical after the applicable vesting date of your Units. If, after [ , 200 ]the Grant Date, you want to change the Distribution Date with respect to any of your vested Units, your new election must be made at least one year prior to the then-existing Distribution Date and Date, the new Distribution Date you elect must be at least five years after the then-existing Distribution Date, and the change must otherwise satisfy the “subsequent election” rules of Section 409A(a)(4)(C) of the Code. If your election to defer your Distribution Date is not timely, it will not be valid. I elect the following Tranche Vesting Date Distribution Date* 2 2nd Anniversary of Grant Date with respect to the shares 3 3rd Anniversary of Common Stock underlying my Units: (Specify “Vesting Grant Date 4 4th Anniversary of Grant Date 5 5th Anniversary of Grant Date” if you desire payment of the vested Units on or as soon as administratively practical after the vesting date of the Units. Otherwise, indicate the Distribution Date you elect. In all events your election is subject to the rules stated above (including, without limitation, the 5-year deferral requirement set forth above if you are electing a change on or after [ , 200 ]).
Appears in 1 contract
Sources: Performance Restricted Stock Unit Agreement (Health Care Property Investors Inc)
Deferral of Distribution Date. Unless you elect otherwise, the Distribution Date for your Units that vest will be the vesting date of such Units; provided that in no event shall the Distribution Date occur earlier than the date of the Committee Determination with respect to such Units. You may elect a new Distribution Date with respect to your Units that vest some or all of the Tranches by completing the information request below. Please note that, subject to the restrictions set forth below and in the Agreement, your new Distribution Date with respect to a Tranche can take any of the following forms: • You may elect a date certain for your Distribution Date (e.g., January 1, 2010), • You may elect that your Distribution Date will be the date of your death or termination of employment, or • You may elect a Distribution Date that is the earlier of two dates/events (e.g., the earlier of January 1, 2010, or termination of your employment). If you do not elect a Distribution Date by [ , 200 ]on or before the Grant Date, you will be deemed to have elected distribution of your vested Units on or as soon as administratively practical after the applicable vesting date of your Units. If, after [ , 200 ]the Grant Date, you want to change the Distribution Date with respect to any of your vested Units, your new election must be made at least one year prior to the then-existing Distribution Date and Date, the new Distribution Date you elect must be at least five years after the then-existing Distribution Date, and the change must otherwise satisfy the “subsequent election” rules of Section 409A(a)(4)(C) of the Code. If your election to defer your Distribution Date is not timely, it will not be valid. I elect the following Distribution 2 2nd Anniversary of Grant Date with respect to the shares 3 3rd Anniversary of Common Stock underlying my Units: (Specify “Vesting Grant Date 4 4th Anniversary of Grant Date 5 5th Anniversary of Grant Date” if you desire payment of the vested Units on or as soon as administratively practical after the vesting date of the Units. Otherwise, indicate the Distribution Date you elect. In all events your election is subject to the rules stated above (including, without limitation, the 5-year deferral requirement set forth above if you are electing a change on or after [ , 200 ]).
Appears in 1 contract
Sources: Performance Restricted Stock Unit Agreement (Health Care Property Investors Inc)
Deferral of Distribution Date. Unless you elect otherwise, the Distribution Date for your Units that vest will be the vesting date of such Units; provided that in no event shall the Distribution Date occur earlier than the date of the Committee Determination with respect to such Units. You may elect a new Distribution Date with respect to your Units that vest some or all of the Tranches by completing the information request deferral election grid below. Please note that, subject to the restrictions set forth below and in the Agreement, your new Distribution Date with respect to a Tranche can take any of the following forms: • You may elect a date certain for your Distribution Date (e.g., January 1, 2010), • You may elect that your Distribution Date will be the date of your death or termination of employment, or • You may elect a Distribution Date that is the earlier of two dates/events (e.g., the earlier of January 1, 2010, or termination of your employment). If you do not elect a Distribution Date by [ , 200 ]on or before the Grant Date, you will be deemed to have elected distribution of your vested Units on or as soon as administratively practical after the applicable vesting date of your Units. If, after [ , 200 ]the Grant Date, you want to change the Distribution Date with respect to any of your vested Units, your new election must be made at least one year prior to the then-existing Distribution Date and Date, the new Distribution Date you elect must be at least five years after the then-existing Distribution Date, and the change must otherwise satisfy the “subsequent election” rules of Section 409A(a)(4)(C) of the Code. If your election to defer your Distribution Date is not timely, it will not be valid. I elect the following Distribution 2 2nd Anniversary of Grant Date with respect to the shares 3 3rd Anniversary of Common Stock underlying my Units: (Specify “Vesting Grant Date 4 4th Anniversary of Grant Date 5 5th Anniversary of Grant Date” if you desire payment of the vested Units on or as soon as administratively practical after the vesting date of the Units. Otherwise, indicate the Distribution Date you elect. In all events your election is subject to the rules stated above (including, without limitation, the 5-year deferral requirement set forth above if you are electing a change on or after [ , 200 ]).
Appears in 1 contract
Sources: Performance Restricted Stock Unit Agreement (Health Care Property Investors Inc)
Deferral of Distribution Date. Unless you elect otherwise, the Distribution Date for your Units that vest will be the vesting date of such Units; provided that in no event shall the Distribution Date occur earlier than the date of the Committee Determination with respect to such Units. You may elect a new Distribution Date with respect to your Units that vest some or all of the Tranches by completing the information request deferral election grid below. Please note that, subject to the restrictions set forth below and in the Agreement, your new Distribution Date with respect to a Tranche can take any of the following forms: • You may elect a date certain for your Distribution Date (e.g., January 1, 20102011), • You may elect that your Distribution Date will be the date of your death or termination of employmentemployment (that is a "separation from service" within the meaning of Section 409A of the Code), or • You may elect a Distribution Date that is the earlier of two dates/events (e.g., the earlier of January 1, 20102011, or termination of your employmentemployment (that is a "separation from service" within the meaning of Section 409A of the Code)). If you do not elect a Distribution Date by [ , 200 ]on or before the Grant Date and in all cases at a time that complies with the initial deferral election requirements of Section 409A of the Code, you will be deemed to have elected distribution of your vested Units on or as soon as administratively practical after the applicable vesting date of your Units, but in no event later than two and one-half (21/2) months after the year in which such Units became vested. If, after [ , 200 ]the Grant Date, you want to change the Distribution Date with respect to any of your vested Units, your new election will not be effective until at least one year after the date on which it is made, your new election must be made at least one year prior to the then-existing Distribution Date and Date, the new Distribution Date you elect must be at least five years after the then-existing Distribution Date, and the change must otherwise satisfy the "subsequent election" rules of Section 409A(a)(4)(C) of the Code. If your election to defer your Distribution Date is not timely, it will not be valid. I elect the following Distribution Date with respect to the shares of Common Stock underlying my Units: (Specify “Vesting Date” if you desire payment of the vested Units on or as soon as administratively practical after the vesting date of the Units. Otherwise, indicate the Distribution Date you elect. In all events your election is subject to the rules stated above (including, without limitation, the 5-year deferral requirement set forth above if you are electing a change on or after [ , 200 ]).
Appears in 1 contract
Sources: Performance Restricted Stock Unit Agreement (Hcp, Inc.)
Deferral of Distribution Date. Unless you elect otherwise, the Distribution Date for your Units that vest will be the vesting date of such Units; provided that in no event shall the Distribution Date occur earlier than the date of the Committee Determination with respect to such Units. You may elect a new Distribution Date with respect to your Units that vest by completing the information request below. Please note that, subject to the restrictions set forth below and in the Agreement, your new Distribution Date can take any of the following forms: • · You may elect a date certain for your Distribution Date (e.g., January 1, 20102011), • · You may elect that your Distribution Date will be the date of your death or termination of employment, or • · You may elect a Distribution Date that is the earlier of two dates/events (e.g., the earlier of January 1, 20102011, or termination of your employment). If you do not elect a Distribution Date by [ , 200 ]on or before the Grant Date, you will be deemed to have elected distribution of your vested Units on or as soon as administratively practical after the vesting date of your Units, but in no event later than two and one-half (2 ½) months after the year in which such Units became vested. If, after [ , 200 ]the Grant Date, you want to change the Distribution Date with respect to any of your vested Units, your new election must be made at least one year prior to the then-existing Distribution Date and Date, the new Distribution Date you elect must be at least five years after the then-existing Distribution Date, and the change must otherwise satisfy the “subsequent election” rules of Section 409A(a)(4)(C) of the Code. If your election to defer your Distribution Date is not timely, it will not be valid. I elect the following Distribution Date with respect to the shares of Common Stock underlying my Units: (Specify “Vesting Date” if you desire payment of the vested Units on or as soon as administratively practical after the vesting date of the Units. Otherwise, indicate the Distribution Date you elect. In all events your election is subject to the rules stated above (including, without limitation, the 5-year deferral requirement set forth above if you are electing a change on or after [ , 200 ]the Grant Date).
Appears in 1 contract
Sources: Performance Restricted Stock Unit Agreement (Hcp, Inc.)
Deferral of Distribution Date. Unless you elect otherwise, the Distribution Date for your Units that vest will be the vesting date of such Units; provided that in no event shall the Distribution Date occur earlier than the date of the Committee Determination with respect to such Units. You may elect a new Distribution Date with respect to your Units that vest by completing the information request below. Please note that, subject to the restrictions set forth below and in the Agreement, your new Distribution Date can take any of the following forms: • You may elect a date certain for your Distribution Date (e.g., January 1, 2010), • You may elect that your Distribution Date will be the date of your death or termination of employment, or • You may elect a Distribution Date that is the earlier of two dates/events (e.g., the earlier of January 1, 2010, or termination of your employment). If you do not elect a Distribution Date by [ , 200 ]on or before the Grant Date, you will be deemed to have elected distribution of your vested Units on or as soon as administratively practical after the vesting date of your Units. If, after [ , 200 ]the Grant Date, you want to change the Distribution Date with respect to any of your vested Units, your new election must be made at least one year prior to the then-existing Distribution Date and Date, the new Distribution Date you elect must be at least five years after the then-existing Distribution Date, and the change must otherwise satisfy the “subsequent election” rules of Section 409A(a)(4)(C) of the Code. If your election to defer your Distribution Date is not timely, it will not be valid. I elect the following Distribution Date with respect to the shares of Common Stock underlying my Units: (Specify “Vesting Date” if you desire payment of the vested Units on or as soon as administratively practical after the vesting date of the Units. Otherwise, indicate the Distribution Date you elect. In all events your election is subject to the rules stated above (including, without limitation, the 5-year deferral requirement set forth above if you are electing a change on or after [ , 200 ]the Grant Date).
Appears in 1 contract
Sources: Performance Restricted Stock Unit Agreement (Health Care Property Investors Inc)