Election to Defer Distribution. If the distribution is subject to U.S. tax law, you may elect to defer the distribution of all of the RSUs. Such election must be received by the Company in the form required by the Company no later than 30 days after the Award Date and is contingent upon the Company’s allowing deferrals into the Xxxx Xxx Corporation Executive Deferred Compensation Plan (the “Deferred Compensation Plan”) at that time. The deferral, if elected, will result in the transfer of the RSUs into the Deferred Compensation Plan’s Stock Equivalent Fund in effect at the time the RSUs would have otherwise been distributed. The Deferred Compensation Plan rules will govern the administration of this Award beginning on the date the RSUs are credited to the Deferred Compensation Plan.
Election to Defer Distribution. If the distribution is subject to United States tax law, an eligible Grantee may elect to defer the distribution of RSUs granted under this Award. The Grantee may make a separate deferral election with respect to RSUs vesting on each separate Vesting Date. Such election(s) shall be in accordance with such rules and within such time periods as may be established by the Committee. A deferral, if elected, will result in the transfer of the deferred RSUs into the HBI Stock Fund in the Company’s deferred compensation plan in effect, and applicable to the Grantee, at the time the deferred RSUs would have otherwise been distributed. The applicable Company deferred compensation plan rules will govern the administration of this Award beginning on the date the RSUs are credited to the applicable deferred compensation plan. Dividend equivalents that accrue with respect to RSUs granted under this Award pursuant to Paragraph 3 may not be deferred and will be paid in accordance with Paragraph 3.
Election to Defer Distribution. If the distribution is subject to U.S. tax law, an eligible Grantee may elect to defer the distribution of either all or none of the RSUs granted under this Award. Such election shall be in accordance with rules established by the Compensation Committee of the Company’s Board of Directors (“Committee”) and in general must have been received in writing by the Company no later than the business day prior to the Grant Date. The deferral, if elected, will result in the transfer of the RSUs into the Company’s deferred compensation plan Stock Equivalent Account in effect, and applicable to the Grantee at the time the RSUs would have otherwise been distributed. The applicable Company deferred compensation plan rules will govern the administration of this Award beginning on the date the RSUs are credited to the applicable deferred compensation plan.
Election to Defer Distribution. If the distribution of Shares upon lapsing of Forfeiture Restrictions applicable to the RSUs granted by this Agreement is subject to U.S. tax law, Employee may elect to defer the distribution of some or all of such Shares. Such deferral election shall be in accordance with the rules as established by the Committee and in general must be received in writing by the Company no later than the last day of the fiscal year preceding the fiscal year in which the RSU is granted.
Election to Defer Distribution. If Section 15.11(a)(2) of the Adoption Agreement is elected and this is an amended Plan, then any Participant (other than a 5% owner) who attains Age 70½ in years after 1995 may elect by April 1 of the calendar year following the calendar year in which the Participant attains Age 70½ (or by December 31, 1997 in the case of a Participant who attains Age 70½ in 1996), to defer distributions until April 1 of the calendar year following the calendar year in which the Participant retires. If no such election is made, then the Participant will begin receiving distributions by April 1 of the calendar year following the calendar year in which such Participant attains Age 70½.
Election to Defer Distribution. The Participant may elect to defer the distribution of some or all of the Share Units, Dividend Units and interest. Such election must be received in writing by the Corporation's Senior Vice President of Human Resources no later than April 29, 2003. The deferral, if elected, will result in the transfer of the Share Units and corresponding Dividend Units and interest into the Corporation's deferred compensation plan in effect at the time the restrictions lapse on this award. The deferred compensation plan rules will govern the administration of this award beginning on the date the Share Units vest.
Election to Defer Distribution. If the distribution is subject to U.S. tax law, the Participant may elect to defer the distribution of the RSUs. Such election must be received by the Company in the form required by the Company and no later than 12 months prior to the Vesting Date. The deferral, if elected, will result in the transfer of the RSUs into the Company’s Executive Deferred Compensation Plan’s Stock Equivalent Fund in effect at the time the RSUs would have otherwise been distributed. The Executive Deferred Compensation Plan rules will govern the administration of this award beginning on the date the RSUs are credited to the Executive Deferred Compensation Plan.
Election to Defer Distribution. If the distribution is subject to U.S. tax law, the Participant may elect to defer the distribution of the PSUs. Such election must be received by the Company in the form required by the Company no later than 12 months prior to the Vesting Date and is contingent upon the Company’s allowing deferrals into the Xxxx Xxx Corporation Executive Deferred Compensation Plan at that time. The deferral, if elected, will result in the transfer of the PSUs into the Company’s Executive Deferred Compensation Plan’s Stock Equivalent Fund in effect at the time the PSUs would have otherwise been distributed. The Executive Deferred Compensation Plan rules will govern the administration of this Award beginning on the date the PSUs are credited to the Executive Deferred Compensation Plan.
Election to Defer Distribution. If the distribution is subject to U.S. tax law, an eligible Awardee may be allowed to elect to defer the distribution of some or all of the Restricted Stock Units. Such election shall be in accordance with rules established by the Administrator and in general must be received in writing by the Company no later than the end of the calendar year prior to the calendar year in which the Awardee vests in that portion of the Restricted Stock Units Awardee wishes to defer. The deferral, if elected, will result in the transfer of the Restricted Stock Units into the Company’s deferred compensation plan in effect, and applicable to the Awardee at the time the Restricted Stock Units would have otherwise been distributed. The applicable Company deferred compensation plan rules will govern the administration of this Award beginning on the date the Restricted Stock Units are credited to the applicable deferred compensation plan.
Election to Defer Distribution. If the distribution is subject to U.S. tax law, an eligible Grantee may elect to defer the distribution of some or all of the RSUs. Such election shall be in accordance with rules established by the Compensation and Benefits Committee of the Company’s Board of Directors (“Committee”) and in general must be received in writing by the Company no later than the end of the calendar year prior to the calendar year in which the Participant vests in that portion of the RSUs Participant wishes to defer. The deferral, if elected, will result in the transfer of the RSUs into the Company’s deferred compensation plan Stock Equivalent Account in effect, and applicable to the Grantee at the time the RSUs would have otherwise been distributed. The applicable Company deferred compensation plan rules will govern the administration of this Award beginning on the date the RSUs are credited to the applicable deferred compensation plan.
