Common use of DEFERRAL OF RECEIPT OF SHARES Clause in Contracts

DEFERRAL OF RECEIPT OF SHARES. At any time prior to the date which is at least six (6) months prior to any Vesting Date (and with respect to the first Vesting Date of September 30, 2002, at any time prior to June 30, 2002), you may deliver written notice to the Company (in the form attached as Exhibit III or such other form as approved by the Committee) setting forth your election to defer the distribution of all or any portion of the Restricted Stock that may vest on such Vesting Date (if any); in such event, no certificates representing shares of Common Stock will be delivered to you until the date of the event specified in such written notice. Your decision to defer the distribution of stock certificates is irrevocable. Notwithstanding a deferral of the distribution of the Common Stock hereunder, all Common Stock that is vested Restricted Stock will be distributed promptly after a public announcement of a Change in Control or after termination of your employment for any reason. Until shares of Common Stock that is vested Restricted Stock are distributed to you, you will not have any voting rights or rights to cash dividends with respect to such shares.

DEFERRAL OF RECEIPT OF SHARES. At any time prior to the date which is at least six (6) months prior to any Vesting Date (and with respect to for example, for the first Vesting Date of September 30February 25, 20022003, at any time prior to June 30you must deliver your notice on or before August 25, 20022003), you may deliver written notice to the Company (in the form attached as Exhibit III or such other form as approved by the Committee) setting forth your election to defer the distribution of all or any portion of the Restricted Stock that may vest on such Vesting Date (if any); in such event, no certificates representing shares of Common Stock will be delivered to you until the date of the event specified in such written notice. Your decision to defer the distribution of stock certificates is irrevocable. Notwithstanding a deferral of the distribution of the Common Stock hereunder, all Common Stock that is vested Restricted Stock will be distributed promptly after a an official public announcement of a Change in Control or after termination of your employment for any reason. Until shares of Common Stock that is are vested Restricted Stock are distributed to you, you will not have any voting rights or rights to cash dividends with respect to such shares.

DEFERRAL OF RECEIPT OF SHARES. At any time prior to the date which is at least six (6) months prior to any Vesting Date (and with respect to the first Vesting Date of September 30, 2002, at any time prior to June 30, 2002), you may deliver written notice to the Company (in the form attached as Exhibit III or such other form as approved by the Committee) setting forth your election to defer the distribution of all or any portion of the Restricted Stock that may vest on such Vesting Date (if any); in such event, no certificates representing shares of Common Stock will be delivered to you until the date of the event specified in such written notice. Your decision to defer the distribution of stock certificates is irrevocable. Notwithstanding a deferral of the distribution of the Common Stock hereunder, all Common Stock that is vested Restricted Stock will be distributed promptly after a an official public announcement of a Change in Control or after termination of your employment for any reason. Until shares of Common Stock that is are vested Restricted Stock are distributed to you, you will not have any voting rights or rights to cash dividends with respect to such shares.

DEFERRAL OF RECEIPT OF SHARES. At any time prior to the date which is at least six (6) months prior to any Vesting Date (and with respect to the first Vesting Date of September 30, 2002, at any time prior to June 30, 2002), you may deliver written notice to the Company (in the form attached as Exhibit III or such other form as approved by the Committee) setting forth your election to defer the distribution of all or any portion of the Restricted Stock that may vest on such Vesting Date (if any); in such event, no certificates representing shares of Common Stock will be delivered to you until the date of the event specified in such written notice. Your decision to defer the distribution of stock certificates is irrevocable. Notwithstanding a deferral of the distribution of the Common Stock hereunder, all Common Stock that is vested Restricted Stock will be distributed promptly after a an official public announcement of a Change in Control or after termination of your employment [employment] [directorship] for any reason. Until shares of Common Stock that is are vested Restricted Stock are distributed to you, you will not have any voting rights or rights to cash dividends with respect to such shares.

DEFERRAL OF RECEIPT OF SHARES. At any time prior to the date which is at least six (6) months prior to any Vesting Date (and with respect to the first Vesting Date of September 30, 2002, at any time prior to June 30, 2002), you may deliver written notice to the Company (in the form attached as Exhibit III or such other form as approved by the Committee) setting forth your election to defer the distribution of all or any portion of the Restricted Stock that may vest on such Vesting Date (if any); in such event, no certificates representing shares of Common Stock will be delivered to you until the date of the event specified in such written notice. Your decision to defer the distribution of stock certificates is irrevocable. Notwithstanding a deferral of the distribution of the Common Stock hereunder, all Common Stock that is vested Restricted Stock will be distributed promptly after a an official public announcement of a Change in Control or after termination of your employment directorship for any reason. Until shares of Common Stock that is are vested Restricted Stock are distributed to you, you will not have any voting rights or rights to cash dividends with respect to such shares.