Common use of Extended Issuance Delays Clause in Contracts

Extended Issuance Delays. The period from the Grant Date to a Vesting Date is the "Original Delay Period." In circumstances allowed by the Rules and where a valid and timely Section 409A deferral election has been made (an "Extended Issuance Delay"), Shares that Company would otherwise issue after the Original Delay Period may be issued on the Extended Issuance Date timely elected by Employee. The period from the Vesting Date to the Extended Issuance Date is the "Extended Delay Period."

Extended Issuance Delays. The period from the Grant Date to a Vesting Date is the "“Original Delay Period." ” In circumstances allowed by the Rules and where a valid and timely Section 409A deferral election has been made (an "“Extended Issuance Delay"”), Shares that Company would otherwise issue after the Original Delay Period may be issued on the Extended Issuance Date timely elected by Employee. The period from the Vesting Date to the Extended Issuance Date is the "“Extended Delay Period."”