Common use of Current Receipt or Deferral Election Clause in Contracts

Current Receipt or Deferral Election. I hereby elect to receive my compensation for services as a director of the Company as follows (the percentages for each type of compensation must total 100%): a. Annual Cash Retainer b. Retainer Paid in Form of Restricted Stock Units (“RSUs”)

Appears in 5 contracts

Samples: Non Management Director Compensation Election Agreement (Potomac Electric Power Co), Non Management Director Compensation Election Agreement (Potomac Electric Power Co), Non Management Director Compensation Election Agreement (Potomac Electric Power Co)

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