Settlement of DSUs. The Company agrees to settle my DSUs through issuing unrestricted Shares (with cash being paid in lieu of fractional Shares) in accordance with the earliest to occur of the events determined pursuant to my elections in the following schedule: o My Death o One lump sum distribution. o Substantially equal annual payments over a period of years (up to 10). o As soon as practicable. o The next January 1st. o Other: . o My Disability o One lump sum distribution. o Substantially equal annual payments over a period of years (up to 10). o As soon as practicable. o The next January 1st. o Other: . o My Other Separation from Service o One lump sum distribution. o Substantially equal annual payments over a period of years (up to 10). o As soon as practicable. o The next January 1st. o Other: . o Change in Control o One lump sum distribution. o Substantially equal annual payments over a period of years (up to 10). o As soon as practicable. o The next January 1st. o Other: . o Specified Date o One lump sum distribution. o Substantially equal annual payments over a period of years (up to 10). Date: , .
Appears in 2 contracts
Sources: Restricted Stock Unit Award Agreement (MxEnergy Holdings Inc), Restricted Stock Unit Award Agreement (MxEnergy Holdings Inc)