Timing of Election. The election to defer the delivery of any Plan Shares must be made no later than the last day of the calendar year preceding the calendar year in which the Recipient would otherwise have an unrestricted right to receive such Shares. Deferrals of eligible Plan Shares shall only be allowed for Plan Share Awards for which all applicable restrictions lapse while the Recipient is in active service with the Corporation or one of the Subsidiary Companies. Any election to defer the proceeds from an eligible Plan Share Award shall be irrevocable as long as the Recipient remains an Employee or a Non-Employee Director.
Timing of Election. In order for this Election Form to be timely and effective, the completed and signed Election Form must be received by the stock plan administration department in the Company’s office in Houston (1) during an “Open Window” pursuant to the Company’s Xxxxxxx Xxxxxxx Policy that is (2) no earlier than ninety (90) days and no later than thirty (30) days (the “Election Deadline”) prior to the Vesting Date identified in Part I above.
Timing of Election. Executive may elect, to any period of service for which compensation is payable, to defer a different Deferred Amount which will be payable for the subsequent period(s) of service.
Timing of Election. The Sponsor shall make the elections under this Section within two years of the date of the damage or destruction of the Project.
Timing of Election. The election to defer the receipt of any Plan Shares must be made no later than the last day of the calendar year preceding the calendar year in which the Recipient would otherwise have an unrestricted right to receive such Plan Shares, provided that a Recipient may not elect to defer Shares subject to a Performance Share Award. Deferrals of eligible Plan Shares shall only be allowed for those Plan Shares scheduled to vest while the Recipient is in active service with the Corporation or one of its Subsidiary Companies. Any election to defer the receipt of eligible Plan Shares shall be irrevocable as long as the Recipient remains an Employee or a Non-Employee Director of the Corporation or one of its Subsidiary Companies.
Timing of Election. JHMSC shall make its election under Article VI, Section C within thirty (30) days after most favored rates or market rates, as applicable, are determined pursuant to the procedures set forth in Article VI, Sections C, D, E and F above.
Timing of Election. Such tax withholding election shall be ------------------ made before the date on which the amount of tax to be withheld is determined by the Corporation, and such election shall be irrevocable.
Timing of Election. A Participant may elect, prior to the first day of a Plan Year, that the sub-account(s) established for the following Plan Year be paid at one or more specified dates (as permitted by the Company) prior to the Participant’s Separation from Service. If the Participant Separates from Service prior to the date so specified, then the Participant’s Account will be paid upon such Separation from Service in accordance with Section 8.1, and if applicable, Section 8.2. All elections must be made in accordance with the procedures (including any deadlines) established by the Company. A Participant’s election to have the Participant’s sub-account(s) paid at one or more specified dates shall be effective only for the calendar year to which the election relates, and shall not carry over from year to year, unless the election form specifies otherwise.
Timing of Election. Deferral Elections shall be made in accordance with the following provisions:
Timing of Election. Participants shall have an opportunity to make a preretirement death benefit election at such time as the Committee prescribes. After the “409A transition period” described in Section 5.5, a Participant’s initial preretirement death benefit election shall be made before the Participant’s date of hire or, to the extent permitted by Section 409A and the regulations thereunder, within a limited period of time following the Participant’s initial eligibility under the Plan. At any time before the end of the 409A transition period, Participants shall have an opportunity to make a new preretirement death benefit election that will be treated as their initial preretirement death benefit election for Section 409A of the Code purposes; provided, however, that the election shall be made in accordance with such rules as the IRS shall prescribe. Any change to the Participant’s initial preretirement death benefit election (or deemed election) shall be subject to the restrictions in Section 5.6.
