Common use of DERs Clause in Contracts

DERs. As soon as administratively practicable after the end of the Performance Period (but no later than 2½ months following the end of the Plan year in which the Performance Period terminates), the Company shall pay you in cash, with respect to each SPU that became Vested at the end of the Performance Period, an amount equal to the DERs credited to your DER account during the Performance Period with respect to such Vested SPUs, less any taxes the Company is required to withhold from such payment.

DERs. As soon as administratively practicable after the end of the Performance Period (but no later than 2½ months following the end of the Plan calendar year in which the Performance Period terminates), the Company shall pay you in cash, with respect to each SPU that became Vested at the end of the Performance Period, an amount equal to the DERs credited to your DER account during the Performance Period with respect to such Vested SPUs, less any taxes the Company is required to withhold from such payment.

DERs. As soon as administratively practicable after the end of the Performance Period (but no later than 2½ months following the end of the Plan year in which the Performance Period terminatesEnd Date), the Company shall pay you in cash, with respect to each SPU that became Vested at the end of the Performance Period, an amount equal to the DERs credited to your DER account during the Performance Period with respect to such Vested SPUs, less any taxes the Company is required to withhold from such payment.