Common use of Deferral/Re-Deferral Election—Retirement Clause in Contracts

Deferral/Re-Deferral Election—Retirement. If you made a Deferral Election or Re-Deferral Election, as the case may be, with respect to such shares and the Separation from Service is by reason of Retirement, the shares subject to such Deferral Election or Re-Deferral Election shall be issued to you in the form (lump sum or installments) elected by you in the Deferral Election or Re-Deferral Election, as the case may be, as of the later of (x) the Payment Date(s) specified in your Deferral Election or Re-Deferral Election, and (y) the EPS Conversion Date and/or TSR Determination Date, as the case may be.

Deferral/Re-Deferral Election—Retirement. If you made a Deferral Election or Re-Deferral Election, as the case may be, Election with respect to such shares and the Separation from Service is by reason of Retirement, such shares shall be issued to you as follows: (A) shares issuable in respect of the shares subject EPS Conversion Date shall be issued to such you as of the Payment Date(s) specified in your Deferral Election or Re-Deferral Election Election, as the case may be. (B) shares issuable in respect of the TSR Determination Date shall be issued to you in the form (lump sum or installments) elected by you in the your Deferral Election or Re-Deferral Election, as the case may be, as of the later of (x) the Payment Date(s) specified in your Deferral Election or Re-Deferral Election, Election and (y) the EPS Conversion Date and/or TSR Determination Date, as the case may be.