Common use of Election to Defer Payment Clause in Contracts

Election to Defer Payment. I hereby elect to have % (enter a whole percentage between 1% and 100%; if less than 100% the number of Shares deferred will be rounded up to the next whole Share) of any Shares (and any related dividend equivalents) otherwise payable to me in 20___ paid to me at the following time: On [the earli[er][est] of]:

Election to Defer Payment. I hereby elect to have % (enter a whole percentage between 1% and 100%; if less than 100% %, the number of Shares deferred will be rounded up to the next whole Share) of any Shares (and any related dividend equivalents) otherwise payable to me in 20___ 20 paid to me at the following time: On [the earli[er][est] of]:

Election to Defer Payment. I hereby elect to have % (enter a whole percentage between 1% and 100%; if less than 100% the number of Shares deferred will be rounded up to the next whole Share) of any Shares (and any related dividend equivalents) otherwise payable to me in 20___ 20 paid to me at the following time: On [the earli[er][est] of]:

Election to Defer Payment. I hereby elect to have % (enter a whole percentage between 1% and 100%; if less than 100% %, the number of Shares deferred will be rounded up to the next whole Share) of any Shares (and any related dividend equivalents) otherwise payable to me in 20___ paid to me at the following time: On [the earli[er][est] of]: