Common use of DSU Award Clause in Contracts

DSU Award. Pursuant to the terms of the DSU Award Agreement, twenty percent (20%) of the Deferred Stock Units subject to the DSU Award are settled on each anniversary of November 5, 2013, subject to the Executive’s continued service to the Company. The following shall apply to the settlement of the Deferred Stock Units subject to the DSU Award: (i) Forty percent (40%) of the Deferred Stock Units subject to the DSU Award have been settled as of the date hereof. (ii) Until the Section 409A Separation Date, an additional twenty percent (20%) of the Deferred Stock Units subject to the DSU Award will be settled on each remaining scheduled settlement date under the DSU Award Agreement (i.e., November 5, 2016, November 5, 2017 and November 5, 2018). (iii) On the fifth (5th) anniversary of Section 409A Separation Date, all Deferred Stock Units not previously settled in accordance with the DSU Agreement and this Agreement will be settled.

DSU Award. Pursuant to the terms of the DSU Award Agreement, twenty percent (20%) of the Deferred Stock Units subject to the DSU Award are settled on each anniversary of November 5, 2013, subject to the Executive’s continued service to the Company. The following shall apply to the settlement of the Deferred Stock Units subject to the DSU Award: (i) Forty Eighty percent (4080%) of the Deferred Stock Units subject to the DSU Award have been settled as of the date hereof. (ii) Until the As long as a Section 409A 409 A Separation DateDate has not taken place, an additional twenty percent (20%) of the Deferred Stock Units subject to the DSU Award will be settled on each the remaining scheduled settlement date under the DSU Award Agreement (i.e., November 5, 2016, November 5, 2017 and November 5, 2018). (iii) On the fifth (5th) anniversary of Section 409A Separation Date, all Deferred Stock Units not previously settled in accordance with the DSU Agreement and this Agreement will be settled.

DSU Award. Pursuant to the terms of the DSU Award Agreement, twenty percent (20%) of the Deferred Stock Units subject to the DSU Award are settled on each anniversary of November 5, 2013, subject to the Executive’s continued service to the Company. The following shall apply to the settlement of the Deferred Stock Units subject to the DSU Award: (i) Forty Sixty percent (4060%) of the Deferred Stock Units subject to the DSU Award have been settled as of the date hereof. (ii) Until the Section 409A Separation Date, an additional twenty percent (20%) of the Deferred Stock Units subject to the DSU Award will be settled on each remaining scheduled settlement date under the DSU Award Agreement (i.e., November 5, 2016, November 5, 2017 and November 5, 2018). (iii) On the fifth (5th) anniversary of Section 409A Separation Date, all Deferred Stock Units not previously settled in accordance with the DSU Agreement and this Agreement will be settled.