Common use of Deferral Election Clause in Contracts

Deferral Election. If the Holder made an election, in accordance with the terms and conditions prescribed by the Company and Section 409A of the Code and pursuant to an election form provided to the Holder by the Company, to defer the receipt of the Units that would have otherwise vested pursuant to Section 1(a), such Units shall be payable at the time and form elected by the Holder pursuant to such election.

Deferral Election. If the Holder made an election, in accordance with the terms and conditions prescribed by the Company and Section 409A of the Internal Revenue Code and pursuant to an election form provided to of 1986, as amended (the Holder by the Company“Code”), to defer the receipt of the Units that would have otherwise vested pursuant to Section 1(a)1, such Units shall be payable at the time and form elected by the Holder pursuant to such electionHolder.

Deferral Election. If the Holder made an election, in accordance with the terms and conditions prescribed by the Company and Section 409A of the Internal Revenue Code and pursuant to an election form provided to of 1986, as amended (the Holder by the Company“Code”), to defer the receipt of the Units shares of Stock that would have otherwise become vested pursuant to Section 1(a)2, such Units shares shall be payable at the time and form elected by the Holder pursuant to such electionHolder.

Deferral Election. If the Holder made an election, in accordance with the terms and conditions prescribed by the Company and Section 409A of the Internal Revenue Code and pursuant to an election form provided to of 1986, as amended (the Holder by the Company“Code”), to defer the receipt of the Units that would have otherwise vested bested pursuant to Section 1(a)1, such Units shall be payable at the time and form elected by the Holder pursuant to such electionHolder.