Common use of Ability to Defer Clause in Contracts

Ability to Defer. The Grantee may elect to defer receipt of all or any portion of the earned performance shares, which will be credited to a bookkeeping account in the Grantee’s name.

Appears in 3 contracts

Samples: Long Term Incentive Plan Performance Shares Agreement (DPL Inc), Long Term Incentive Plan Performance Shares Agreement (Dayton Power & Light Co), Performance Shares Agreement (Dayton Power & Light Co)

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Ability to Defer. The Grantee may elect to defer receipt of all or any portion of the earned performance shares or restricted shares, which will be credited to a bookkeeping account in the Grantee’s name.

Appears in 1 contract

Samples: Long Term Incentive Plan — Performance/Restricted Shares Agreement (DPL Inc)

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