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Common use of No Deferral Clause in Contracts

No Deferral. You may not defer payment of proceeds as a result of the exercise of your Stock Option Award.

Appears in 6 contracts

Sources: Non Qualified Stock Option Award Agreement (Chevron Corp), Non Qualified Stock Option Award Agreement (Chevron Corp), Non Qualified Stock Option Award Agreement (Chevron Corp)

Related Clauses

  • Deferrals
  • Deferral
  • Deferral Election
  • Matching Contributions
  • Employer Contribution

Parent Clauses

  • Miscellaneous
  • Entire Agreement
  • Terms and Conditions of Stock Option Award
  • Definitions
  • Terms and Conditions of Stock Appreciation Rights Award

Sub-Clauses

  • Restrictive Legends
  • Amendment
  • Binding Effect
  • Severability
  • No Rights to Employment
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