Common use of Deferral of Delivery Clause in Contracts

Deferral of Delivery. (a) If you would like to defer delivery of Shares to a date subsequent to the date of vesting of the Restricted Stock Units, you may, provided that, no later than December 31 of the calendar year immediately prior to the year of the Date of Grant, you made a written request to the Board of Directors for deferral, including a suggested delivery date up to 10 years following the Date of Grant. This request may be made within 30 days after the Date of Grant in the year in which the Plan is first approved by stockholders of the Company and in the first year in which you are nominated for election or appointment to the Board of Directors. The Board of Directors may, in its sole discretion, determine whether to permit deferral of delivery in the manner requested. If the Board of Directors does not accept your suggested delivery date, then you will be notified of this decision in writing and your Shares will be delivered to you when the Restricted Stock Units vest. If the Board of Directors accepts your proposal, you will be bound by the deferred delivery date, unless the deferral period is extended as provided in paragraph (b) below. (b) If your deferral period expires prior to the termination of your directorship and you would like to extend your deferral period, you may, at least 13 months prior to the date on which your initial deferral period is scheduled to expire, make a written request to the Board of Directors for an extension of the deferral period, including a revised delivery date no earlier than 5 years after the delivery date applicable under your initial deferral request and no later than 20 years following the Date of Grant. The Board of Directors may, in its sole discretion, determine whether to permit deferral of delivery in the manner requested. If the Board of Directors does not accept your proposed revised delivery date, you will be notified of this decision in writing and the Shares will be delivered to you at the end of the initial deferral period. If the Board of Directors accepts your proposal, you will be bound by the revised delivery date, which may not be revoked. (c) Under no circumstances may a deferral period be extended more than once. (d) Notwithstanding the foregoing, the Board of Directors may, in its discretion, distribute Shares from your deferral account prior to the expiration of your deferral period in the event you have an unforeseeable emergency. (e) All deferral elections and distributions from your deferral account will be subject to applicable law, including changes in law affecting outstanding deferral elections. The Board of Directors has the authority to modify outstanding deferral elections to the extent necessary to comply with changes in applicable law.]***

Deferral of Delivery. (a) If you would like to defer delivery of Shares to a date subsequent to the date of vesting of the Restricted Stock Units, you may, provided that, no later than December 31 of the calendar year immediately prior to the year of the Date of Grant, you made a written request to the Board of Directors for deferral, including a suggested delivery date up to 10 years following the Date of Grant. This request may be made within 30 days after the Date of Grant in the year in which the Plan is first approved by stockholders of the Company and in the first year in which you are nominated for election or appointment to the Board of Directors. The Board of Directors may, in its sole discretion, determine whether to permit deferral of delivery in the manner requested. If the Board of Directors does not accept your suggested delivery date, then you will be notified of this decision in writing and your Shares will be delivered to you when the Restricted Stock Units vest. If the Board of Directors accepts your proposal, you will be bound by the deferred delivery date, unless the deferral period is extended as provided in paragraph (b) below. (b) If your deferral period expires prior to the termination of your directorship and you would like to extend your deferral period, you may, at least 13 months prior to the date on which your initial deferral period is scheduled to expire, make a written request to the Board of Directors for an extension of the deferral period, including a revised delivery date no earlier than 5 years after the delivery date applicable under your initial deferral request and no later than 20 years following the Date of Grant. The Board of Directors may, in its sole discretion, determine whether to permit deferral of delivery in the manner requested. If the Board of Directors does not accept your proposed revised delivery date, you will be notified of this decision in writing and the Shares will be delivered to you at the end of the initial deferral period. If the Board of Directors accepts your proposal, you will be bound by the revised delivery date, which may not be revoked. (c) Under no circumstances may a deferral period be extended more than once. (d) Notwithstanding the foregoing, the Board of Directors may, in its discretion, distribute Shares from your deferral account prior to the expiration of your deferral period in the event you have an unforeseeable emergency. (e) All deferral elections and distributions from your deferral account will be subject to applicable law, including changes in law affecting outstanding deferral elections. The Board of Directors has the authority to modify outstanding deferral elections to the extent necessary to comply with changes in applicable law.]***

Deferral of Delivery. (a) If you would like to defer delivery of all Shares to a date subsequent to the date of vesting of the Restricted Stock Units, you may, provided that, no later than December 31 of the calendar year immediately prior to the year of the Date of Grant, you made may make a written request to the Board of Directors Committee for deferral, including a suggested delivery date up to 10 no earlier than 6 years and no later than 15 years following the Date of Grant. This request may must be made within 30 days after the Date of Grant in the year in which the Plan is first approved by stockholders of the Company and in the first year in which you are nominated for election or appointment to the Board of Directorsox Xxxnt. The Board of Directors Committee may, in its sole discretion, determine whether to whetxxx xo permit deferral of delivery in the manner requested. If the Board of Directors Committee does not accept your suggested delivery date, then you will be notified of this decision in writing and your Shares will be delivered to you when the as your Restricted Stock Units vest. If the Board of Directors Committee accepts your proposal, subject to Section 7 hereof, you will be bound by the deferred delivery date, unless the deferral period is extended as provided in paragraph (b) below). (b) If your deferral period expires prior to the termination of your directorship employment with the Company and you would like to extend your deferral period, you may, at least 13 months prior to the date on which your initial deferral period is scheduled to expire, make a written request to the Board of Directors Committee for an extension of the deferral period, including a revised delivery date no earlier than 5 years after the delivery date applicable under your initial deferral request and no later than 20 30 years following the Date of Grant. The Board of Directors Committee may, in its sole discretion, determine whether to permit deferral of delivery in the manner requested. If the Board of Directors Committee does not accept your proposed revised delivery date, you will be notified of this decision in writing and the Shares will be delivered to you at the end of the initial deferral period. If the Board of Directors Committee accepts your proposal, subject to Section 7 hereof, you will be bound by the revised delivery date, which may not be revoked. (c) Under no circumstances may a deferral period be extended more than once. (d) Notwithstanding the foregoing, the Board of Directors Committee may, in its discretion, distribute Shares from your deferral account prior to the expiration of your deferral period in the event you have an unforeseeable emergency. An "unforeseeable emergency" for this purpose is an unanticipated emergency caused by an event beyond your control that would result in severe financial hardship if the distribution were not permitted. Emergency distributions will be limited to the amount necessary to satisfy the financial hardship. (e) Except as otherwise determined by the Committee, in its sole discretion, you will be paid a Dividend Equivalent in an amount equal to any cash dividends paid by the Company upon one Share of common stock for each vested Restricted Stock Unit credited to your deferral account. Dividend Equivalents will be paid to you in cash as soon as practicable after dividends are distributed to stockholders. (f) All deferral elections and distributions from your deferral account will be subject to applicable law, including changes in law affecting outstanding deferral elections. The Board of Directors Committee has the authority to modify outstanding deferral elections to the extent necessary to comply with changes in applicable law.]***

Deferral of Delivery. (a) If you would like to defer delivery of all Shares to a date subsequent to the date of vesting of the Restricted Stock Units, you may, provided that, no later than December 31 of the calendar year immediately prior to the year of the Date of Grant, you made may make a written request to the Board of Directors Company for deferral, including a suggested delivery date up to no earlier than 5 years and no later than 10 years following the Date of Grant. This request may must be made within 30 days after the Date of Grant in the year in which the Plan is first approved by stockholders of the Company and in the first year in which you are nominated for election or appointment to the Board of DirectorsXxxxx. The Board of Directors Company may, in its sole discretion, determine whether to permit deferral of delivery in the manner requested. If the Board of Directors Company does not accept your suggested delivery date, then you will be notified of this decision in writing and your Shares will be delivered to you when the as your Restricted Stock Units vest. If the Board of Directors Company accepts your proposal, subject to Section 8 hereof, you will be bound by the deferred delivery date, unless the deferral period is extended as provided in paragraph (b) below). (b) If your deferral period expires prior to the termination of your directorship employment with the Company and you would like to extend your deferral period, you may, at least 13 months prior to the date on which your initial deferral period is scheduled to expire, make a written request to the Board of Directors Company for an extension of the deferral period, including a revised delivery date no earlier than 5 years after the delivery date applicable under your initial deferral request and no later than 20 30 years following the Date of Grant. The Board of Directors Company may, in its sole discretion, determine whether to permit deferral of delivery in the manner requested. If the Board of Directors Company does not accept your proposed revised delivery date, you will be notified of this _________________________ * Include as applicable if grant is performance-based. *** Include for all grants of Restricted Stock Units except grants that vest all at once on one date. **** Include for grants of Restricted Stock Units that vest all at once on one date. *****Include if dividend equivalents are applicable. decision in writing and the Shares will be delivered to you at the end of the initial deferral period. If the Board of Directors Company accepts your proposal, subject to Section 8 hereof, you will be bound by the revised delivery date, which may not be revoked. (c) Under no circumstances may a deferral period be extended more than once. (d) Notwithstanding the foregoing, the Board of Directors Committee may, in its discretion, distribute Shares from your deferral account prior to the expiration of your deferral period in the event you have an unforeseeable emergency. An “unforeseeable emergency” for this purpose is an unanticipated emergency caused by an event beyond your control that would result in severe financial hardship if the distribution were not permitted. Emergency distributions will be limited to the amount necessary to satisfy the financial hardship. (e) Except as otherwise determined by the Committee, in its sole discretion, you will be paid a Dividend Equivalent in an amount equal to any cash dividends paid by the Company upon one Share of common stock for each vested Restricted Stock Unit credited to your deferral account. Dividend Equivalents will be paid to you in cash as soon as practicable after dividends are distributed to stockholders. (f) All deferral elections and distributions from your deferral account will be subject to applicable law, including changes in law affecting outstanding deferral elections. The Board of Directors Committee has the authority to modify outstanding deferral elections to the extent necessary to comply with changes in applicable law.]******

Deferral of Delivery. (a) If you would like to defer delivery of Shares to a date subsequent to the date of vesting of the Restricted Stock Units, you may, provided that, no later than December 31 of the calendar year immediately prior to the year of the Date of Grant, you made a written request to the Board of Directors for deferral, including a suggested delivery date up to 10 years following the Date of Grant. This request may be made within 30 days after the Date of Grant in the year in which the Plan is first approved by stockholders of the Company and in the first year in which you are nominated for election or appointment to the Board of Directors. The Board of Directors may, in its sole discretion, determine whether to permit deferral of delivery in the manner requested. If the Board of Directors does not accept your suggested delivery date, then you will be notified of this decision in writing and your Shares will be delivered to you when the Restricted Stock Units vest. If the Board of Directors accepts your proposal, you will be bound by the deferred delivery date, unless the deferral period is extended as provided in paragraph (b) below. (b) If your deferral period expires prior to the termination of your directorship and you would like to extend your deferral period, you may, at least 13 months prior to the date on which your initial deferral period is scheduled to expire, make a written request to the Board of Directors for an extension of the deferral period, including a revised delivery date no earlier than 5 years after the delivery date applicable under your initial deferral request and no later than 20 years following the Date of Grant. The Board of Directors may, in its sole discretion, determine whether to permit deferral of delivery in the manner requested. If the Board of Directors does not accept your proposed revised delivery date, you will be notified of this decision in writing and the Shares will be delivered to you at the end of the initial deferral period. If the Board of Directors accepts your proposal, you will be bound by the revised delivery date, which may not be revoked. (c) Under no circumstances may a deferral period be extended more than once. (d) Notwithstanding the foregoing, the Board of Directors may, in its discretion, distribute Shares from your deferral account prior to the expiration of your deferral period in the event you have an unforeseeable emergency. (e) You will be paid a Dividend Equivalent in an amount equal to any cash dividends paid by the Company upon one Share of common stock for each vested Restricted Stock Unit credited to your deferral account. Dividend Equivalents will be paid to you in cash as soon as practicable after dividends are distributed to stockholders. ______________________ ** Include if dividend equivalents is applicable. *** Include if deferral is applicable. (f) All deferral elections and distributions from your deferral account will be subject to applicable law, including changes in law affecting outstanding deferral elections. The Board of Directors has the authority to modify outstanding deferral elections to the extent necessary to comply with changes in applicable law.]***

Deferral of Delivery. (a) If you would like to defer delivery of all Shares to a date subsequent to the date of vesting of the Restricted Stock Units, you may, provided that, no later than December 31 of the calendar year immediately prior to the year of the Date of Grant, you made may make a written request to the Board of Directors Committee for deferral, including a suggested delivery date up to 10 no earlier than 6 years and no later than 15 years following the Date of Grant. This request may must be made xxxx within 30 days after the Date of Grant in the year in which the Plan is first approved by stockholders of the Company and in the first year in which you are nominated for election or appointment to the Board of DirectorsGrant. The Board of Directors Committee may, in its sole xxx xole discretion, determine whether to permit deferral of delivery in the manner requested. If the Board of Directors Committee does not accept your suggested delivery date, then you will be notified of this decision in writing and your Shares will be delivered to you when the as your Restricted Stock Units vest. If the Board of Directors Committee accepts your proposal, subject to Section 8 hereof, you will be bound by the deferred delivery date, unless the deferral period is extended as provided in paragraph (b) below). (b) If your deferral period expires prior to the termination of your directorship employment with the Company and you would like to extend your deferral period, you may, at least 13 months prior to the date on which your initial deferral period is scheduled to expire, make a written request to the Board of Directors Committee for an extension of the deferral period, including a revised delivery date no earlier than 5 years after the delivery date applicable under your initial deferral request and no later than 20 30 years following the Date of Grant. The Board of Directors Committee may, in its sole discretion, determine whether to permit deferral of delivery in the manner requested. If the Board of Directors Committee does not accept your proposed revised delivery date, you will be notified of this decision in writing and the Shares will be delivered to you at the end of the initial deferral period. If the Board of Directors Committee accepts your proposal, subject to Section 8 hereof, you will be bound by the revised delivery date, which may not be revoked. (c) Under no circumstances may a deferral period be extended more than once. (d) Notwithstanding the foregoing, the Board of Directors Committee may, in its discretion, distribute Shares from your deferral account prior to the expiration of your deferral period in the event you have an unforeseeable emergency. An "unforeseeable emergency" for this purpose is an unanticipated emergency caused by an event beyond your control that would result in severe financial hardship if the distribution were not permitted. Emergency distributions will be limited to the amount necessary to satisfy the financial hardship. (e) Except as otherwise determined by the Committee, in its sole discretion, you will be paid a Dividend Equivalent in an amount equal to any cash dividends paid by the Company upon one Share of common stock for each vested Restricted Stock Unit credited to your deferral account. Dividend Equivalents will be paid to you in cash as soon as practicable after dividends are distributed to stockholders. (f) All deferral elections and distributions from your deferral account will be subject to applicable law, including changes in law affecting outstanding deferral elections. The Board of Directors Committee has the authority to modify outstanding deferral elections to the extent necessary to comply with changes in applicable law.]****

Deferral of Delivery. (a) If you would like to defer delivery of all Shares to a date subsequent to the date of vesting of the Restricted Stock Units, you may, provided that, no later than December 31 of the calendar year immediately prior to the year of the Date of Grant, you made a written request to the Board of Directors Company for deferral, including a suggested delivery date up to no earlier than 5 years and no later than 10 years following the Date of Grant. This request may be made within 30 days after the Date of Grant in the year in which the Plan is first approved by stockholders of the Company and in the first year in which you are nominated for election or appointment to the Board of DirectorsXxxxx. The Board of Directors Company may, in its sole discretion, determine whether to permit deferral of delivery in the manner requested. If the Board of Directors Company does not accept your suggested delivery date, then you will be notified of this decision in writing and your Shares will be delivered to you when as the Restricted Stock Units vest. If the Board of Directors Company accepts your proposal, subject to Section 8 hereof, you will be bound by the deferred delivery date, unless the deferral period is extended as provided in paragraph (b) below). (b) If your deferral period expires prior to the termination of your directorship employment with the Company and you would like to extend your deferral period, you may, at least 13 months prior to the date on which your initial deferral period is scheduled to expire, make a written request to the Board of Directors Company for an extension of the deferral period, including a revised delivery date no earlier than 5 years after the delivery date applicable under your initial deferral request and no later than 20 years following the Date of Grant. The Board of Directors Company may, in its sole discretion, determine whether to permit deferral of delivery in the manner requested. If the Board of Directors Company does not accept your proposed revised delivery date, you will be notified of this decision in writing and the Shares will be delivered to you * Include as applicable if grant is performance-based. *** Include for all grants of Restricted Stock Units except grants that vest all at the end once on one date. **** Include for grants of the initial deferral periodRestricted Stock Units that vest all at once on one date. If the Board of Directors accepts your proposal, you will be bound by the revised delivery date, which may not be revoked***** Include if dividend equivalents are applicable. (c) Under no circumstances may a deferral period be extended more than once. (d) Notwithstanding the foregoing, the Board of Directors Committee may, in its discretion, distribute Shares from your deferral account prior to the expiration of your deferral period in the event you have an unforeseeable emergency. (e) All deferral elections and . An “unforeseeable emergency” for this purpose is an unanticipated emergency caused by an event beyond your control that would result in severe financial hardship if the distribution were not permitted. Emergency distributions from your deferral account will be subject to applicable law, including changes in law affecting outstanding deferral elections. The Board of Directors has the authority to modify outstanding deferral elections limited to the extent amount necessary to comply with changes in applicable lawsatisfy the financial hardship.]***

Deferral of Delivery. (a) If you would like to defer delivery of Shares to a date subsequent to the date of vesting of the Restricted Stock Units, you may, provided that, no later than December 31 the day before the annual meeting of stockholders of the calendar year Company immediately prior to the year of the Date of Grant, you made a written request to the Board of Directors for deferral, including a suggested delivery date up to 10 years following the Date of Grant. This request may be made within 30 days after the Date of Grant in Grxxx xn the year in which the Plan is first approved by stockholders of the Company and in the first any other year in which you are nominated for election or appointment reelection to the Board of Directors. The Board of Directors may, in its sole discretion, determine whether to permit deferral of delivery in the manner requested. If the Board of Directors does not accept your suggested delivery date, then you will be notified of this decision in writing and your Shares will be delivered to you when the Restricted Stock Units vest. If the Board of Directors accepts your proposalyourproposal, you will be bound by the deferred delivery date, unless the deferral period is extended as provided in paragraph (b) below). (b) If your deferral period expires prior to the termination of your directorship and you would like to extend your deferral period, you may, at least 13 months prior to the date on which your initial deferral period is scheduled to expire, make a written request to the Board of Directors for an extension of the deferral period, including a revised delivery date no earlier than 5 years after the delivery date applicable under your initial deferral request and no later than 20 years following the Date of Grant. The Board of Directors may, in its sole discretion, determine whether to permit deferral of delivery in the manner requested. If the Board of Directors does not accept your proposed revised delivery date, you will be notified of this decision in writing and the Shares will be delivered to you at the end of the initial deferral period. If the Board of Directors accepts your proposal, you will be bound by the revised delivery date, which may not be revoked. (c) Under no circumstances may a deferral period be extended more than once. (d) Notwithstanding the foregoing, the Board of Directors may, in its discretion, distribute Shares from your deferral account prior to the expiration of your deferral period in the event you have an unforeseeable emergency. (e) All deferral elections and distributions from your deferral deferal account will be subject to applicable law, including changes in law affecting outstanding deferral elections. The Board of Directors has the authority to modify outstanding deferral elections to the extent necessary to comply with changes in applicable law.]***

Deferral of Delivery. (a) If you would like to defer delivery of Shares to a date subsequent to the date of vesting of the Restricted Stock Units, you may, provided that, no later than December 31 of the calendar year immediately prior to the year of the Date of Grant, you made a written request to the Board of Directors for deferral, including a suggested delivery date up to 10 years following the Date of Grant. This request may be made within 30 days after the Date of Grant in the year in which the Plan is first approved by stockholders of the Company and in the first year in which you are nominated for election or appointment to the Board of Directors. The Board of Directors may, in its sole discretion, determine whether to permit deferral of delivery in the manner requested. If the Board of Directors does not accept your suggested delivery date, then you will be notified of this decision in writing and your Shares will be delivered to you when the Restricted Stock Units vest. If the Board of Directors accepts your proposal, you will be bound by the deferred delivery date, unless the deferral period is extended as provided in paragraph (b) below. (b) If your deferral period expires prior to the termination of your directorship and you would like to extend your deferral period, you may, at least 13 months prior to the date on which your initial deferral period is scheduled to expire, make a written request to the Board of Directors for an extension of the deferral period, including a revised delivery date no earlier than 5 years after the delivery date applicable under your initial deferral request and no later than 20 years following the Date of Grant. The Board of Directors may, in its sole discretion, determine whether to permit deferral of delivery in the manner requested. If the Board of Directors does not accept your proposed revised delivery date, you will be notified of this decision in writing and the Shares will be delivered to you at the end of the initial deferral period. If the Board of Directors accepts your proposal, you will be bound by the revised delivery date, which may not be revoked. (c) Under no circumstances may a deferral period be extended more than once. (d) Notwithstanding the foregoing, the Board of Directors may, in its discretion, distribute Shares from your deferral account prior to the expiration of your deferral period in the event you have an unforeseeable emergency. (e) All deferral elections and distributions from You will be paid a Dividend Equivalent in an amount equal to any cash dividends paid by the Company upon one Share of common stock for each vested Restricted Stock Unit credited to your deferral account account. Dividend Equivalents will be subject paid to applicable law, including changes you in law affecting outstanding deferral electionscash as soon as practicable after dividends are distributed to stockholders. The Board of Directors has the authority to modify outstanding deferral elections to the extent necessary to comply with changes in applicable law.]______________________ ** Include if dividend equivalents is applicable. **** Include if deferral is applicable.

Deferral of Delivery. (a) If you would like to defer delivery of all Shares to a date subsequent to the date of vesting of the Restricted Stock Units, you may, provided that, no later than December 31 of the calendar year immediately prior to the year of the Date of Grant, you made may make a written request to the Board of Directors Committee for deferral, including a suggested delivery date up to 10 no earlier than 6 years and no later than 15 years following the Date of GrantXxxxx. This request may must be made within 30 days after the Date of Grant in the year in which the Plan is first approved by stockholders of the Company and in the first year in which you are nominated for election or appointment to the Board of DirectorsXxxxx. The Board of Directors Committee may, in its sole discretion, determine whether to permit deferral of delivery in the manner requested. If the Board of Directors Committee does not accept your suggested delivery date, then you will be notified of this decision in writing and your Shares will be delivered to you when the as your Restricted Stock Units vest. If the Board of Directors Committee accepts your proposal, subject to Section 8 hereof, you will be bound by the deferred delivery date, unless the deferral period is extended as provided in paragraph (b) below). (b) If your deferral period expires prior to the termination of your directorship employment with the Company and you would like to extend your deferral period, you may, at least 13 months prior to the date on which your initial deferral period is scheduled to expire, make a written request to the Board of Directors Committee for an extension of the deferral period, including a revised delivery date no earlier than 5 years after the delivery date applicable under your initial deferral request and no later than 20 30 years following the Date of Grant. The Board of Directors Committee may, in its sole discretion, determine whether to permit deferral of delivery in the manner requested. If the Board of Directors Committee does not accept your proposed revised delivery date, you will be notified of this decision in writing and the Shares will be delivered to you at the end of the initial deferral period. If the Board of Directors Committee accepts your proposal, subject to Section 8 hereof, you will be bound by the revised delivery date, which may not be revoked. (c) Under no circumstances may a deferral period be extended more than once. (d) Notwithstanding the foregoing, the Board of Directors Committee may, in its discretion, distribute Shares from your deferral account prior to the expiration of your deferral period in the event you have an unforeseeable emergency. An “unforeseeable emergency” for this purpose is an unanticipated emergency caused by an event beyond your control that would result in severe financial hardship if the distribution were not permitted. Emergency distributions will be limited to the amount necessary to satisfy the financial hardship. **Include applicable vesting provisions. ***Include if dividend equivalents is applicable. (e) Except as otherwise determined by the Committee, in its sole discretion, you will be paid a Dividend Equivalent in an amount equal to any cash dividends paid by the Company upon one Share of common stock for each vested Restricted Stock Unit credited to your deferral account. Dividend Equivalents will be paid to you in cash as soon as practicable after dividends are distributed to stockholders. (f) All deferral elections and distributions from your deferral account will be subject to applicable law, including changes in law affecting outstanding deferral elections. The Board of Directors Committee has the authority to modify outstanding deferral elections to the extent necessary to comply with changes in applicable law.]****