Common use of Commencement of Distribution Clause in Contracts

Commencement of Distribution. Except as otherwise set forth in Section 2C, below, I irrevocably elect to receive payment of my Deferred Stock at the following time (check one): o January 2, 20__ or, if earlier, the date I cease being a Director for any reason; or o The date I cease being a Director for any reason.

Appears in 2 contracts

Samples: Deferred Stock Award Agreement (Compass Minerals International Inc), Independent Director Deferred Stock Award Agreement (Compass Minerals International Inc)

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Commencement of Distribution. Except as otherwise set forth in Section 2C, below, I irrevocably elect to receive payment of my Deferred Stock at the following time (check one): o January 2, 20__ 2015 or, if earlier, the date I cease being a Director for any reason; or o The date I cease being a Director for any reason.

Appears in 1 contract

Samples: Director Deferred Stock Award Agreement (Compass Minerals International Inc)

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Commencement of Distribution. Except as otherwise set forth in Section 2C, below, I irrevocably elect to receive payment of my Deferred Stock at the following time (check one): o January 2, 20__ or, if earlier, ☐ ☐ ☐ ☐ ☐ The earlier of: [Insert Date] or the date I cease being a Director for any reason; or o The date I cease being a Director for any reason.

Appears in 1 contract

Samples: Non Management Director Deferred Stock Award Agreement (Kansas City Southern)

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