Common use of Application of Payment Timing Rules Clause in Contracts

Application of Payment Timing Rules. Dividend Equivalents that are “deferred compensation” as described in subsection 2(b)(i) shall be subject to the payment timing rules set forth in subsection 3(b).

Application of Payment Timing Rules. Dividend Equivalents that are “deferred compensation” as described in subsection 2(b)(i) and shall be subject to the payment timing rules set forth in subsection 3(b).