A Director or Employee Who Holds an Unvested Stock Award in the Form of Restricted Stock (“Restricted Stock Award Sample Clauses

A Director or Employee who holds an unvested Stock Award in the form of Restricted Stock (“Restricted Stock Award that was granted under the Equity Incentive Plan may elect to participate in the Plan by filing a written election with the Company, on such form as may be prescribed by the Board, to defer the receipt of up to 100% of Participant’s outstanding unvested Restricted Stock Awards granted in any calendar year.