Common use of Deferral Election Clause in Contracts

Deferral Election. Pursuant to Section 10 of the Award Agreement, I hereby irrevocably elect to defer the receipt of _____% of the Shares that would otherwise be issued to me at any time or from time to time pursuant to the Award Agreement. I recognize and agree that the Company will establish an Account for me under the Plan, and will credit that account with Deferred Share Units pursuant to Section 9 of the Plan.

Appears in 6 contracts

Samples: Performance Enhancement Award Agreement (UTi WORLDWIDE INC), Long Term Award Agreement (UTi WORLDWIDE INC), Performance Enhancement Award Agreement (UTi WORLDWIDE INC)

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Deferral Election. Pursuant to Section 10 6 of the Award Agreement, I hereby irrevocably elect to defer the receipt of _____% of the Shares that would otherwise be issued to me at any time or and from time to time pursuant to the Award Agreement. I recognize and agree that the Company will establish an Account for me under the Plan, and will credit that account pursuant to Section 7 of the Plan with Deferred Share Units pursuant to Section 9 of the PlanUnits, on a one-to-one basis with my Restricted Share Units, as my interest in them vests.

Appears in 1 contract

Samples: Agreement (UTi WORLDWIDE INC)

Deferral Election. Pursuant to Section 10 10(d) of the Award Agreement, I hereby irrevocably elect to defer the receipt of _____% of the Shares that would otherwise be issued to me at any time or from time to time pursuant to the Award Agreement. I recognize and agree that the Company will establish an Account for me under the Plan, and will credit that account with Deferred Share Units pursuant to Section 9 of the Plan.

Appears in 1 contract

Samples: Performance Enhancement Award Agreement (UTi WORLDWIDE INC)

Deferral Election. Pursuant to Section 10 11 of the Award Agreement, I hereby irrevocably elect to defer the receipt of ______% of the Shares that would otherwise be issued to me at any time or from time to time pursuant to the Award Agreement. I recognize and agree that the Company will establish an Account for me under the Plan, and will credit that account Account with Deferred Share Units pursuant to Section 9 of the Plan.

Appears in 1 contract

Samples: Non Solicitation Agreement (UTi WORLDWIDE INC)

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Deferral Election. Pursuant to Section 10 of the Award Agreement, I hereby irrevocably elect to defer the receipt of _____% of the Shares that would otherwise be issued to me at any time or from time to time pursuant to the Award Agreement. I recognize and agree that the Company will establish an Account for me under the Plan, and will credit that account Account with Deferred Share Units pursuant to Section 9 of the Plan.

Appears in 1 contract

Samples: Agreement (UTi WORLDWIDE INC)

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