Deferred Right definition
Deferred Right means a Right which immediately vests but is subject to disposal restrictions, and which attach disposal restrictions to the Shares that result from the exercise of the Rights for specified periods, pursuant and subject to the Rights Plan.
Deferred Right means a right to acquire Shares pursuant to the Rules upon the payment of such consideration, if any, as may be determined by the Committee at the Date of Grant in accordance with Rule 2.2.2;
Deferred Right has the meaning ascribed thereto in Clause 2.12(a)(ii).