Election to Defer. (a) A Participant shall elect to defer the Special Retention Amount in accordance with Section 3.03 of the Plan, except that 100% of the Special Retention Amount shall be treated as if invested in cash, or such other hypothetical investment vehicle as the Plan Administrator may allow in its discretion.
Appears in 4 contracts
Samples: Grant Stock Option Agreement (Verizon Communications Inc), Grant Stock Option Agreement (Verizon Communications Inc), Grant Stock Option Agreement (Verizon Communications Inc)