Common use of Voluntary Deferral Clause in Contracts

Voluntary Deferral. Notwithstanding the provisions of Section 2(a), the Participant may elect, by election filed with the Corporation under its Key Employee Deferred Compensation Plan (2005) (or any successor plan or program) (the “Deferred Compensation Plan”), and on a form acceptable to the Committee, not later than June 30, [ ] and subject to such terms and conditions as the Committee may specify, to have any payment that may become due in respect of Performance Units covered by the Award deferred until such later time as shall be specified in such election.

Voluntary Deferral. Notwithstanding the provisions of Section 2(a), the Participant may elect, by election filed with the Corporation under its Key Employee Deferred Compensation Plan (2005) (or any successor plan or program) (the “"Deferred Compensation Plan”"), and on a form acceptable to the Committee, not later than June 30, [ ] 2008 and subject to such terms and conditions as the Committee may specify, to have any payment that may become due in respect of Performance Units Shares covered by the Award deferred until such later time as shall be specified in such electionelection (or, if applicable, the date determined pursuant to Section 2(c)).

Voluntary Deferral. Notwithstanding the provisions of Section 2(a), the Participant may elect, by election filed with the Corporation under its Key Employee Deferred Compensation Plan (2005) (or any successor plan or program) (the “Deferred Compensation Plan”), and on a form acceptable to the Committee, not later than June 30, [ ] 2007 and subject to such terms and conditions as the Committee may specify, to have any payment that may become due in respect of Performance Units Shares covered by the Award deferred until such later time as shall be specified in such electionelection (or, if applicable, the date determined pursuant to Section 2(c)).

Voluntary Deferral. Notwithstanding the provisions of Section 2(a), the Participant may elect, by election filed with the Corporation under its Key Employee Deferred Compensation Plan (2005) (or any successor plan or program) (the “Deferred Compensation Plan”), and on a form acceptable to the Committee, not later than June 30, [ ] 2008 and subject to such terms and conditions as the Committee may specify, to have any payment that may become due in respect of Performance Units Shares covered by the Award deferred until such later time as shall be specified in such electionelection (or, if applicable, the date determined pursuant to Section 2(c)).

Voluntary Deferral. Notwithstanding the provisions of Section 2(a), the Participant may elect, by election filed with the Corporation under its Key Employee Deferred Compensation Plan (2005) (or any successor plan or program) (the “Deferred Compensation Plan”), and on a form acceptable to the Committee, not later than June 30, [ ] 2009 and subject to such terms and conditions as the Committee may specify, to have any payment that may become due in respect of Performance Units Shares covered by the Award deferred until such later time as shall be specified in such election.

Voluntary Deferral. Notwithstanding the provisions of Section 2(a), the Participant may elect, by election filed with the Corporation under its Key Employee Deferred Compensation Plan (2005) (or any successor plan or program) (the “Deferred Compensation Plan”), and on a form acceptable to the Committee, not later than June 30, [ ] 2007 and subject to such terms and conditions as the Committee may specify, to have any payment that may become due in respect of Performance Units Shares covered by the Award deferred until such later time as shall be specified in such election.

Voluntary Deferral. Notwithstanding the provisions of Section 2(a), the Participant may elect, by election filed with the Corporation under its Key Employee Deferred Compensation Plan (2005) (or any successor plan or program) (the “Deferred Compensation Plan”), and on a form acceptable to the Committee, ) not later than June 30, [ ] 2009 and subject to such terms and conditions as the Committee may specify, to have any payment that may become due in respect of Performance Units Shares covered by the Award deferred until such later time as shall be specified in such election.

Voluntary Deferral. Notwithstanding the provisions of Section 2(a), the Participant may elect, by election filed with the Corporation under its Key Employee Deferred Compensation Plan (2005) (or any successor plan or program) (the “Deferred Compensation Plan”), and on a form acceptable to the Committee, ) not later than June 30, [ ] 2007 and subject to such terms and conditions as the Committee may specify, to have any payment that may become due in respect of Performance Units Shares covered by the Award deferred until such later time as shall be specified in such electionelection (or, if applicable, the date determined pursuant to Section 2(c)).

Voluntary Deferral. Notwithstanding the provisions of Section 2(a), the Participant may elect, by election filed with the Corporation under its Key Employee Deferred Compensation Plan (2005) (or any successor plan or program) (the “Deferred Compensation Plan”), and on a form acceptable to the Committee, not later than June 30, [ ] 2012 and subject to such terms and conditions as the Committee may specify, to have any payment that may become due in respect of Performance Units covered by the Award deferred until such later time as shall be specified in such election.

Voluntary Deferral. Notwithstanding the provisions of Section 2(a), the Participant may elect, by election filed with the Corporation under its Key Employee Deferred Compensation Plan (2005) (or any successor plan or program) (the “Deferred Compensation Plan”), and on a form acceptable to the Committee, ) not later than June 30, [ ] 2008 and subject to such terms and conditions as the Committee may specify, to have any payment that may become due in respect of Performance Units Shares covered by the Award deferred until such later time as shall be specified in such electionelection (or, if applicable, the date determined pursuant to Section 2(c)).