Common use of Deferral of Awards Clause in Contracts

Deferral of Awards. If an Optionee so elects in accordance with the terms of an Agreement, the Optionee may defer any or all of the amount otherwise payable on the exercise of Performance Units in accordance with the provisions of a deferred compensation plan maintained by the Corporation or a Subsidiary, provided:

Appears in 6 contracts

Samples: PNC Financial Services Group Inc, PNC Financial Services Group Inc, PNC Bank Corp

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