Common use of Deferred Delivery Clause in Contracts

Deferred Delivery. Recipient may elect to defer the receipt of Deferred Shares beyond the vesting date upon such terms as may be established by the Committee. Any such election must be made at such time and in accordance with such procedures as are established by the Committee, but in no event shall such an election be made after the beginning of the calendar year in which such Deferred Shares become vested.

Deferred Delivery. Recipient may elect to defer the receipt of Deferred Shares beyond the vesting date upon such terms as may be established by the Committee. Any such election must be made at such time and in accordance with such procedures as are established by the Committee, but in no event shall such an election be made after the beginning of the calendar year in which such Deferred Shares become vested. ** Confidential portions omitted and filed separately with the Commission.

Deferred Delivery. Recipient may elect to defer the receipt of Deferred Shares beyond the vesting date upon such terms as may be established by the Committee. Any such election must be made at such time and in accordance with such procedures as are established by the Committee, but in no event shall such an election be made after the beginning of the calendar year in which such Deferred Shares become vested. * Confidential portions omitted and filed separately with the Commission.