Common use of Timing of Election Clause in Contracts

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. 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 abovescheduled settlement date of the Award pursuant to my Deferral Election.