Common use of Election Options Clause in Contracts

Election Options. On the 401(k) Election Instructions Form, you should indicate whether you would like to receive, in exchange for your CH2M 401(k) Shares, the Mixed Election, the Cash Election or the Stock Election. If you mark more than one selection, specify the number of CH2M 401(k) Shares for which you would like to make such Mixed Election, Cash Election or Stock Election. As described in the Proxy Statement/Prospectus, we cannot guarantee that you will receive the exact form of Merger Consideration that you elect. Both the Stock Election and the Cash Election are subject to proration and adjustment procedures to ensure that the aggregate number of shares of Jacobs Common Stock to be issued by Jacobs in the Merger and the aggregate amount of cash to be paid in the Merger will be the same as if all applicable CH2M electing stockholders made a Mixed Election. Additional information with respect to the proration of CH2M 401(k) Shares can be found in the Proxy Statement/Prospectus.

Election Options. On page 1 of the 401(k) Election Instructions Form, you should indicate whether you would like to receive, in exchange for your CH2M 401(k) Shares, the Mixed Election, the Cash Election or the Stock Election. If you mark more than one selection, specify the number of CH2M 401(k) Shares for which you would like to make such Mixed Election, Cash Election or Stock Election. As described in the Proxy Statement/Prospectus, we cannot guarantee that you will receive the exact form of Merger Consideration that you elect. Both the Stock Election and the Cash Election are subject to proration and adjustment procedures to ensure that the aggregate number of shares of Jacobs Common Stock to be issued by Jacobs in the Merger and the aggregate amount of cash to be paid in the Merger will be the same as if all applicable CH2M electing stockholders made a Mixed Election. Additional information with respect to the proration of CH2M 401(k) Shares can be found in the Proxy Statement/Prospectus.