Common use of The Election Clause in Contracts

The Election. The Employee and the Company jointly elect that the entire liability of the Employer to pay the Employer’s Liability on the Taxable Event is hereby transferred to the Employee. The Employee understands that by accepting the grant of the Restricted Stock Units through the Company’s online acceptance procedure at E*Trade or by signing the Notice of Grant to accept the Restricted Stock Units he or she will become personally liable for the Employer’s Liability covered by this Election. This Election is made in accordance with paragraph 3B(1) of Schedule 1 to SSCBA.

The Election. The Employee and the Company jointly elect that the entire liability of the Employer to pay the Employer’s Liability that arises on the Taxable Event any Relevant Employment Income is hereby transferred to the Employee. The Employee understands that that, by signing this Election (including by electronic signature process) or by accepting the grant of the Restricted Stock Units through Awards (including by electronic signature process if made available by the Company’s online acceptance procedure at E*Trade or by signing the Notice of Grant to accept the Restricted Stock Units ), as applicable, he or she will become personally liable for the Employer’s Liability covered by this Election. This Election is made in accordance with paragraph 3B(1) of Schedule 1 to of the SSCBA.

The Election. The Employee and the Company jointly elect that the entire liability of the Employer to pay the Employer’s Liability on the Taxable Chargeable Event is hereby transferred to the Employee. The Employee understands that by signing the Joint Election or by accepting the grant of the Restricted Stock Units Option Agreement through the Company’s online acceptance procedure at E*Trade or by signing procedures with the Notice of Grant to accept Company’s designated broker/third party administrator for the Restricted Stock Units Plan, he or she will become personally liable for the Employer’s Liability covered by this Joint Election. This Joint Election is made in accordance with paragraph 3B(1) of Schedule 1 to SSCBA.

The Election. The Employee and the Company jointly elect that the entire liability of the Employer to pay the Employer’s Liability on the Taxable Chargeable Event is hereby transferred to the Employee. The Employee understands that by signing the Joint Election or by accepting the grant of the Restricted Stock Units Unit Award Agreement through the Company’s online acceptance procedure at E*Trade or by signing procedures with the Notice of Grant to accept Company’s designated broker/third party administrator for the Restricted Stock Units Plan, he or she will become personally liable for the Employer’s Liability covered by this Joint Election. This Joint Election is made in accordance with paragraph 3B(1) of Schedule 1 to SSCBA.