Common use of Deferred Delivery Clause in Contracts

Deferred Delivery. Director may elect to defer the timing of the payment of Shares payable with respect to vested RSUs until June 21, 2021. To be effective, such election must be made no later than June 19, 2015. Notwithstanding the foregoing, in the event of Director’s death, the Shares relating to any and all vested RSUs that have been deferred in accordance with this Section 4(b) will be issued within 90 days after Director’s death in the name of Director’s Beneficiary.

Deferred Delivery. Director may elect to defer the timing of the payment of Shares payable with respect to vested RSUs until June 2122, 20212020. To be effective, such election must be made no later than June 1920, 20152014. Notwithstanding the foregoing, in the event of Director’s death, the Shares relating to any and all vested RSUs that have been deferred in accordance with this Section 4(b) will be issued within 90 days after Director’s death in the name of Director’s Beneficiary.

Deferred Delivery. Director may elect to defer the timing of the payment of Shares shares of Common Stock payable with respect to vested RSUs until June 2123, 20212019. To be effective, such election must be made no later than June 1921, 20152013. Notwithstanding the foregoing, in the event of Director’s death, the Shares shares of Common Stock relating to any and all vested RSUs that have been deferred in accordance with this Section 4(b) will be issued within 90 days after Director’s death in the name of Director’s Beneficiary.

Deferred Delivery. Director may elect to defer the timing of the payment of Shares shares of Common Stock payable with respect to vested RSUs until June 2124, 20212018. To be effective, such election must be made no later than June 1924, 20152012. Notwithstanding the foregoing, in the event of Director’s death, the Shares shares of Common Stock relating to any and all vested RSUs that have been deferred in accordance with this Section 4(b) will be issued within 90 days after Director’s death in the name of Director’s Beneficiary.

Deferred Delivery. Director may elect to defer the timing of the payment of Shares payable with respect to vested RSUs until June 2119, 20212022. To be effective, such election must be made no later than June 1917, 20152016. Notwithstanding the foregoing, in the event of Director’s death, the Shares relating to any and all vested RSUs that have been deferred in accordance with this Section 4(b) will be issued within 90 days after Director’s death in the name of Director’s Beneficiary.