Common use of Special BOKF Liability Account Clause in Contracts

Special BOKF Liability Account. a) Upon the exercise of an Option for which an Election has previously been made by the Executive pursuant to Section 2 and/or the deferral of vesting of Shares which are restricted shares or performance shares assigned and delivered to BOKF in accordance with Section 2(d), BOKF shall establish a special BOKF Liability Account ("Special Account").

Special BOKF Liability Account. a) Upon the exercise of an Option for which an Election has previously been made by the Executive pursuant to Section 2 and/or the deferral of or vesting of Shares which are restricted shares or performance shares assigned and delivered to BOKF in accordance with Section 2(d), BOKF shall establish a special BOKF Liability Account ("Special Account").