Right to Defer. The Plan Administrator shall furnish to the Member a written explanation of the right of the Member to defer distribution until the benefit is no longer immediately distributable. The Plan Administrator shall furnish the written explanation by a method reasonably calculated to reach the attention of the Member no less than 30 days, and no more than 90 days, before the Annuity Starting Date. However, distribution may begin less than 30 days after the notice described in this subparagraph is given, provided the Plan Administrator clearly informs the Member that he has a right to a period of at least 30 days after receiving the notice to consider the decision of whether or not to elect a distribution, and the Member, after receiving the notice, affirmatively elects a distribution.
Right to Defer. (a) No later than the date of grant, the Participant may elect to defer distribution of the Shares relating only to his or her vested Restricted Stock Units. If the Participant so elects to defer, the election to defer shall provide that the distribution of the Shares relating to the Participant’s vested Restricted Stock Units shall be distributed on either:
(i) a date specified by the Participant in the election form referred to in Section 4(c), which date shall not be earlier than , 201 1, provided, however, that in the event that the Participant’s Termination occurs prior to the date specified by the Participant, such Shares shall be distributed within 30 days following such Termination; or
(ii) within 30 days following the Participant’s Termination.
(b) If so elected, the Participant may not extend or otherwise change the deferral period elected under Section 4(a).
(c) An election to defer distribution of the Shares relating to a Participant’s vested Restricted Stock Units under Section 4(a) shall be in writing on a form prescribed by the Company and shall be delivered to the Committee. In the absence of a written election to defer filed by the Participant with the Committee, any vested Restricted Stock Units shall be distributed in accordance with Section 3.
Right to Defer. If under Section 1.3 Biogen provides Ionis a notice (each, a “Deferral Notice”) electing to defer selecting a High Interest Target as a Collaboration Target or a Biogen Alternate Modality Target (each, a “Deferred Target”), and there is at least [***] at the time of Deferral Notice, then Biogen may defer selecting such High Interest Target as a Collaboration Target or a Biogen Alternate Modality Target for a period of up to the shorter of (i) (A) with respect to any High Interest Target for which the best therapeutic modality was determined to be an ASO, [***] or (B) with respect to any High Interest Target for which the best therapeutic modality was determined to be an Alternate Modality, [***], or (ii) the end of the Research Term (the “Deferral Period”); provided, however, Biogen may only defer up to [***] High Interest Targets under this Section 1.8.1 at any given time. For the avoidance of doubt, the limitation in the preceding proviso will not apply with respect to any Collaboration Target that is treated the same as a Deferred Target pursuant to Section 1.6.
Right to Defer. Each member of the Joint Management Team may, at their option, defer a vote on a given issue to the next meeting of the Joint Management Committee where it is necessary for said member to obtain additional approvals from the Board of the Venturer they represent.
Right to Defer. A Director may become a Participant by electing, on a Participation Agreement, to defer the receipt of all or a portion of the Fees he or she would otherwise receive with respect to a Plan Year as a Director of a Company.
Right to Defer. If at the time of any request to register Registrable Securities by holders of Registrable Securities pursuant to this Agreement, the Company provides a certificate signed by the Chief Executive Officer of the Company stating the Company is engaged or has plans to engage in a registered public offering or is engaged in any other activity which, in the good faith determination of the Company’s Board of Directors, would be adversely affected by the requested registration, then the Company may at its option direct that such request be delayed for a period not in excess of 30 days from the date of such request, such right to delay a request to be exercised by the Company not more than once in any 12-month period.
Right to Defer. Mr. Xxxxxxxxxx xxx elect to defer some or all of his bonus compensation and up to fifty percent (50%) of his base salary payable to him pursuant to this Employment Agreement. Any deferral of bonus compensation shall be irrevocable and must be requested by Mr. Xxxxxxxxxx xx writing prior to the start of the fiscal year to which such bonus relates. Any deferral of base salary shall be irrevocable and must be requested by Mr. Xxxxxxxxxx xx writing prior to the start of the fiscal year to which such salary relates. Any deferral of base compensation or bonus compensation for fiscal year 2000 shall be made in accordance with procedures established by the Company. An election for a given fiscal year shall be deemed a continuing election for each subsequent fiscal year, unless a subsequent written election to defer (or not to defer) is provided to the Company by Mr. Xxxxxxxxxx xxxor to the start of such fiscal year.
Right to Defer. Xx. XxXxxxxxx may elect to defer some or all of his bonus compensation and up to fifty percent (50%) of his base salary payable to him pursuant to this Employment Agreement. Any deferral of bonus compensation shall be irrevocable and must be requested by Xx. XxXxxxxxx in writing prior to the start of the fiscal year to which such bonus relates. Any deferral of base salary shall be irrevocable and must be requested by Xx. XxXxxxxxx in writing prior to the start of the fiscal year to which such salary relates. Any deferral of base compensation or bonus compensation for fiscal year 1999 shall be made in accordance with procedures established by the Company. An election for a given fiscal year shall be deemed a continuing election for each subsequent fiscal year, unless a subsequent written election to defer (or not to defer) is provided to the Company by Xx. XxXxxxxxx prior to the start of such fiscal year.
Right to Defer. Notwithstanding anything set forth in this Agreement to the contrary, no more frequently than once in any calendar year, the Company shall have the right to delay the filing of a registration statement pursuant to this Section 4(a) and to suspend the effectiveness of any such registration statement for a reasonable period of time (not exceeding ninety (90) days) if the Company furnishes to JWC and AWS a certificate signed by the Chairman of the Board or the President of the Company stating that the Company has determined in good faith that effecting such registration at such time would adversely affect a material financing, acquisition, disposition of assets or stock, merger or other comparable transaction or would require the Company to make public disclosure of information the public disclosure of which would have a material adverse effect upon the Company.
Right to Defer. Xx. XxXxxxxxx may elect to defer some or all of his bonus compensation and up to fifty percent (50%) of his base salary payable to him pursuant to this Employment Agreement. Any deferral of bonus compensation shall be irrevocable and must be requested by Xx. XxXxxxxxx in writing prior to the start of the fiscal year to which such bonus relates (except that any deferral election for the fiscal year 1997 may be made within thirty (30) days following the effective date of this Employment Agreement). Any deferral of base salary shall be irrevocable and must be requested by Xx. XxXxxxxxx in writing prior to the start of the fiscal year to which such salary relates (except that the deferral election for the 1997 fiscal year may be made within thirty (30) days following the Effective Date, but will relate only to amounts payable after the election is received by the Company). An election for a given fiscal year shall be deemed a continuing election for each subsequent fiscal year, unless a subsequent written election to defer (or not to defer) is provided to the Company by Xx. XxXxxxxxx prior to the start of such fiscal year.
