Common use of The Election Clause in Contracts

The Election. The Employee and the Company jointly elect that the entire liability of the Employer to pay the Employer’s Liability that arises on any Relevant Employment Income is hereby transferred to the Employee. The Employee understands that, by signing this Election (including by electronic signature process) or by accepting the Awards (including by electronic signature process if made available by the Company), as applicable, he or she will become personally liable for the Employer’s Liability covered by this Election. This Election is made in accordance with paragraph 3B(1) of Schedule 1 of the SSCBA.

The Election. The Employee and the Company jointly elect that the entire liability of the Employer to pay the Employer’s Liability that arises on any Relevant Employment Income is hereby transferred to the Employee. The Employee understands that, by signing this Election accepting the Restricted Stock Unit Award (including by electronic signature processwhether in hard copy or electronically) or by accepting the Awards this Election (including by electronic signature process if made available by the Companywhether in hard copy or electronically), as applicable, he or she Grantee will become personally liable for the Employer’s Liability covered by this Election. This Election is made in accordance with paragraph 3B(1) of Schedule 1 of the SSCBA.

The Election. The Employee and the Company jointly elect that the entire liability of the Employer to pay the Employer’s Liability that arises on any Relevant Employment Income the Taxable Event is hereby transferred to the Employee. The Employee understands that, by signing this Election (including by electronic signature process) or that by accepting the Awards (including by electronic signature process if made available by grant of the Restricted Stock Units through the Company), as applicable, ’s online acceptance procedure at E*Trade or by signing the Notice of Grant to accept the Restricted Stock Units he or she will become personally liable for the Employer’s Liability covered by this Election. This Election is made in accordance with paragraph 3B(1) of Schedule 1 of the to SSCBA.

The Election. The Employee and the Company jointly elect that the entire liability of the Employer to pay the Employer’s Liability that arises on any Relevant Employment Income the Chargeable Event is hereby transferred to the Employee. The Employee understands that, that by signing this the Joint Election (including by electronic signature process) or by accepting the Awards (including by electronic signature process if made available by Option Agreement through the Company), as applicable’s online acceptance procedures with the Company’s designated broker/third party administrator for the Plan, he or she will become personally liable for the Employer’s Liability covered by this Joint Election. This Joint Election is made in accordance with paragraph 3B(1) of Schedule 1 of the to SSCBA.