Common use of Initial Deferral Election Clause in Contracts

Initial Deferral Election. Prior to the Grant Date, the Holder may elect to defer the receipt of 100% of the shares of Stock that become vested pursuant to Section 3 until the earlier to occur of (i) the fifth (5th) anniversary of the vesting date and (ii) the date of the Holder’s separation from service.

Appears in 3 contracts

Samples: Non Employee Director Restricted Stock Unit Award Agreement (CDW Corp), Restricted Stock Unit Award Agreement (CDW Corp), Restricted Stock Unit Award Agreement (CDW Corp)

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Initial Deferral Election. Prior to the Grant Date, the Holder may elect to defer the receipt of 100% of the shares of Common Stock that become vested pursuant to Section 3 until the earlier to occur of (i) the fifth (5th) anniversary of the vesting date and (ii) the date of the Holder’s separation from service.

Appears in 1 contract

Samples: Non Employee Director Restricted Stock Unit Award Agreement (CDW Corp)

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