Common use of Settlement of Performance Units and Dividend Equivalents Clause in Contracts

Settlement of Performance Units and Dividend Equivalents. (a) As soon as reasonably practicable following the date on which the Committee determines the number of Performance Units, if any, to be awarded to you under this Agreement and no later than March 15th following the end of the calendar year in which the Performance Units are no longer subject to a “substantial risk of forfeiture” within the meaning of Code Section 409A, the Company shall issue to you, after withholding all applicable federal, state and local tax amounts required to be withheld in connection with such payment: (i) one share of Common Stock for each Performance Unit that vested on the last trading date of the Performance Period, and (ii) an additional number of shares of Common Stock determined by dividing the total Dividend Equivalents with respect to such awarded Performance Units by the closing share price of Common Stock on the last trading date of the Performance Period. (b) Shares of Common Stock (including any Dividend Equivalents that are settled in Common Stock) shall be credited by Wells Fargo to a separate boxx xxtry account in your name, and such vested shares shall be free of all restrictions except any that may be imposed by law. Upon the crediting of vested Common Stock to a book entry account, you may treat the Common Stock in the same manner as all other Common Stock owned by you, subject to the provisions of Section 6(c) below. All ML 1-4 Participants are considered Restricted Employees under Entergy’s Insider Trading Policy and, xx xxxx, xxx xxade in Entergy Corporation securities only during an open window period (and only if not in possession of material, non-public information). Currently, window periods begin on the second business day after the quarterly earnings release and run through the last business day of the second month of the current quarter. In addition, the Insider Trading Policy requixxx xxxx xxx xxe-clear all transactions involving Entergy securities with Entergy Corporation’s Office of the General Counsel. The customer service number for Wells Fargo Shareholder Servxxxx is 1-855-854-1360.

Settlement of Performance Units and Dividend Equivalents. (a) As soon as reasonably practicable following the date on which the Committee determines the number of Performance Units, if any, to be awarded to you under this Agreement and no later than March 15th following the end of the calendar year in which the Performance Units are no longer subject to a “substantial risk of forfeiture” within the meaning of Code Section 409A409A (i.e., March 15, 2017), the Company shall issue to you, after withholding all applicable federal, state income tax and local employment tax amounts required to be withheld in connection with such payment: (i) one share of Common Stock for each Performance Unit that vested on the last trading date of the Performance Period, and (ii) an additional number of shares of Common Stock determined by dividing the total Dividend Equivalents with respect to such awarded Performance Units by the closing share price of Common Stock on the last trading date of the Performance Period. (b) Shares of Common Stock (including any Dividend Equivalents that are settled in Common Stock) shall be credited by Wells Xxxxx Fargo to a separate boxx xxtry book entry account in your name, and such vested shares shall be free of all restrictions except any that may be imposed by law. Upon the crediting of vested Common Stock to a book entry account, you may treat the Common Stock in the same manner as all other Common Stock owned by you, subject to the provisions of Section 6(c) below. All ML System Management Level 1-4 Participants are considered Restricted Employees under Entergy’s Insider Trading Xxxxxxx xxxxxxx Policy and, xx xxxxas such, xxx xxade may trade in Entergy Corporation securities only during an open window period (and only if not in possession of material, non-public information). Currently, window periods begin on the second business day after the quarterly earnings release and run through the last business day of the second month of the current quarter. In addition, the Insider Trading Xxxxxxx Xxxxxxx Policy requixxx xxxx xxx xxerequires that you pre-clear all transactions involving Entergy securities with Entergy Corporation’s Office of the General Counsel. The customer service number for Wells Xxxxx Fargo Shareholder Servxxxx Services is 10-855000-854000-13600000.

Settlement of Performance Units and Dividend Equivalents. (a) As soon as reasonably practicable following the date on which the Committee determines the number of Performance Units, if any, to be awarded to you under this Agreement and no later than March 15th following the end of the calendar year in which the Performance Units are no longer subject to a “substantial risk of forfeiture” within the meaning of Code Section 409A, the Company shall issue to you, after withholding all applicable federal, state income tax and local employment tax amounts required to be withheld in connection with such payment: (i) one share of Common Stock for each Performance Unit that vested on the last trading date of the Performance Periodso determined to be awarded, and (ii) an additional number of shares of Common Stock determined by dividing the total Dividend Equivalents with respect to such awarded Performance Units by the closing share price of Common Stock on the last trading date of the Performance Period. (b) Shares of Common Stock (including any Dividend Equivalents that are settled in Common Stock) shall be credited by Wells Fargo Computershare to a separate boxx xxtry book entry account in your name, and such vested shares shall be free of all restrictions except any that may be imposed by law. Upon the crediting of vested Common Stock to a book entry account, you may treat the Common Stock in the same manner as all other Common Stock owned by you, subject to the provisions of Section 6(c) below. All ML 1-4 Participants are considered Restricted Employees under Entergy’s Insider Trading Ixxxxxx Xxxxxxx Policy and, xx xxxxas such, xxx xxade may trade in Entergy Corporation securities only during an open window period (and only if not in possession of material, non-public information). CurrentlyGenerally, window periods begin on the second business day after the quarterly earnings release and run through the last business day of the second month of the current quarterquarter in which such quarterly earnings release is publicly reported. In addition, if you are a Restricted Employee, the Insider Trading Ixxxxxx Xxxxxxx Policy requixxx xxxx xxx xxerequires that you pre-clear all transactions involving Entergy securities with Entergy Corporation’s Office of the General Counsel. The customer service number for Wells Fargo Shareholder Servxxxx Computershare Shareowner Services is 1-855-854-1360.1 (877) ETR (387)-6299, or they may be reached via the following Internet address hxxxx://xxx-xx.xxxxxxxxxxxxx.xxx/XxxxxxxxXxxxxx/.

Settlement of Performance Units and Dividend Equivalents. (a) As soon as reasonably practicable following the date on which the Committee determines the number of Performance Units, if any, to be awarded to you under this Agreement and no later than March 15th following the end of the calendar year in which the Performance Units are no longer subject to a “substantial risk of forfeiture” within the meaning of Code Section 409A409A (i.e., March 15, 2016), the Company shall issue to you, after withholding all applicable federal, state income tax and local employment tax amounts required to be withheld in connection with such payment: (i) one share of Common Stock for each Performance Unit that vested on the last trading date of the Performance Period, and (ii) an additional number of shares of Common Stock determined by dividing the total Dividend Equivalents with respect to such awarded Performance Units by the closing share price of Common Stock on the last trading date of the Performance Period. (b) Shares of Common Stock (including any Dividend Equivalents that are settled in Common Stock) shall be credited by Wells Xxxxx Fargo to a separate boxx xxtry book entry account in your name, and such vested shares shall be free of all restrictions except any that may be imposed by law. Upon the crediting of vested Common Stock to a book entry account, you may treat the Common Stock in the same manner as all other Common Stock owned by you, subject to the provisions of Section 6(c) below. All ML System Management Level 1-4 Participants are considered Restricted Employees under Entergy’s Insider Trading Policy restricted individuals and, xx xxxxas such, xxx xxade may trade in Entergy Corporation securities only during an open window period (and only if not in possession of material, non-public information). Currently, window periods begin on the second business day after the quarterly earnings release and run through the last business day of the second month of the current quarter. In addition, the Insider Trading Xxxxxxx Xxxxxxx Policy requixxx xxxx xxx xxemay require that you pre-clear all transactions involving Entergy securities with Entergy Corporation’s Office of the General Counsel. The customer service number for Wells Xxxxx Fargo Shareholder Servxxxx Services is 10-855000-854000-13600000.

Settlement of Performance Units and Dividend Equivalents. (a) As soon as reasonably practicable following the date on which the Committee determines the number of Performance Units, if any, to be awarded to you under this Agreement and no later than March 15th following the end of the calendar year in which the Performance Units are no longer subject to a “substantial risk of forfeiture” within the meaning of Code Section 409A, the Company shall issue to you, after withholding all applicable federal, state income tax and local employment tax amounts required to be withheld in connection with such payment: (i) one share of Common Stock for each Performance Unit that vested on the last trading date of the Performance Period, and (ii) an additional number of shares of Common Stock determined by dividing the total Dividend Equivalents with respect to such awarded Performance Units by the closing share price of Common Stock on the last trading date of the Performance Period. (b) Shares of Common Stock (including any Dividend Equivalents that are settled in Common Stock) shall be credited by Wells Fargo Computershare to a separate boxx xxtry book entry account in your name, and such vested shares shall be free of all restrictions except any that may be imposed by law. Upon the crediting of vested Common Stock to a book entry account, you may treat the Common Stock in the same manner as all other Common Stock owned by you, subject to the provisions of Section 6(c) below. All ML 1-4 Participants are considered Restricted Employees under Entergy’s Insider Trading Xxxxxxx Xxxxxxx Policy and, xx xxxxas such, xxx xxade may trade in Entergy Corporation securities only during an open window period (and only if not in possession of material, non-public information). Currently, window periods begin on the second business day after the quarterly earnings release and run through the last business day of the second month of the current quarter. In addition, if you are a Restricted Employee, the Insider Trading Xxxxxxx Xxxxxxx Policy requixxx xxxx xxx xxerequires that you pre-clear all transactions involving Entergy securities with Entergy Corporation’s Office of the General Counsel. The customer service number for Wells Fargo Shareholder Servxxxx Computershare Shareowner Services is 1-855877-854-1360.ETR-6299, or they may be reached via the Internet address xxxxx://xxx-xx.xxxxxxxxxxxxx.xxx/EmployeePortal/