Common use of Voluntary Deferral Clause in Contracts

Voluntary Deferral. Settlement of any Unit, which otherwise would occur upon the vesting or lapse of the risk of forfeiture of such Unit, will be deferred in certain cases if and to the extent so elected by Employee in accordance with the cover page of this Agreement.

Appears in 3 contracts

Sources: u.s. Restricted Stock Units Agreement (International Flavors & Fragrances Inc), u.s. Restricted Stock Units Agreement (International Flavors & Fragrances Inc), u.s. Restricted Stock Units Agreement (International Flavors & Fragrances Inc)