Common use of Election to Defer Payment Clause in Contracts

Election to Defer Payment. The Participant shall have the right to elect a deferral of the timing of payment to be made with respect to the Participant’s RSUs. Any such election shall be made not later than the date hereof an shall be irrevocable when made. The terms of such deferral shall be in accordance with the elections of the Participant set forth on the “RSU Deferral Election Form” attached as Exhibit A to this Award Agreement. In the event that the RSUs become payable as a result of an accelerated vesting and payment date under Section 3 hereof, the terms thereof shall apply and the RSUs shall become payable in accordance therewith in lieu of any deferral payment election.

Election to Defer Payment. The Participant shall have the right to elect a deferral of the timing of payment to be made with respect to the Participant’s RSUs. Any such election shall be made not later than the date hereof an and shall be irrevocable when made. The terms of such deferral shall be in accordance with the elections of the Participant set forth on the “RSU Deferral Election Form” attached as Exhibit A to this Award Agreement. In the event that the RSUs become payable as a result of an accelerated vesting and payment date under Section 3 hereof, the terms thereof shall apply and the RSUs shall become payable in accordance therewith in lieu of any deferral payment election.

Election to Defer Payment. The Participant shall have the right to elect a deferral of the timing of payment to be made with respect to the Participant’s RSUs. Any such election shall be made not later than the date hereof an and shall be irrevocable when made. The terms of such deferral shall be in accordance with the elections of the Participant set forth on the “RSU Deferral Election Form” attached hereto as Exhibit A to this Award Agreement. Appendix B. In the event that the RSUs become payable as a result of an accelerated vesting and payment date under Section Sections 3 and 5 hereof, the terms thereof shall apply and the RSUs shall become payable in accordance therewith in lieu of any deferral payment election.