Initial Deferral Election. Prior to the Grant Date, the Holder may elect to defer the receipt of 100% of the shares of Stock that become vested pursuant to Section 3 until the earlier to occur of (i) the fifth (5th) anniversary of the vesting date and (ii) the date of the Holder’s separation from service.
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Samples: Director Restricted Stock Unit Award Agreement (CDW Corp), Director Restricted Stock Unit Award Agreement (CDW Corp), Director Restricted Stock Unit Award Agreement (CDW Corp)
Initial Deferral Election. Prior to the Grant Date, the Holder may elect to defer the receipt of 100% of the shares of Common Stock that become vested pursuant to Section 3 until the earlier to occur of (i) the fifth (5th) anniversary of the vesting date and (ii) the date of the Holder’s separation from service.
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