Common use of The Election Clause in Contracts

The Election. The Employee and the Company jointly elect that the entire liability of the Employer to pay the Employer’s Liability on the Chargeable Event is hereby transferred to the Employee. The Employee understands that by signing the Joint Election or by accepting the Option Agreement through the Company’s online acceptance procedures with the Company’s designated broker/third party administrator for the Plan, he or she will become personally liable for the Employer’s Liability covered by this Joint Election. This Joint Election is made in accordance with paragraph 3B(1) of Schedule 1 to SSCBA.

The Election. The Employee and the Company jointly elect that the entire liability of the Employer to pay the Employer’s Liability that arises on the Chargeable Event any Relevant Employment Income is hereby transferred to the Employee. The Employee understands that that, by signing the Joint this Election (including by electronic signature process) or by accepting the Option Agreement through Awards (including by electronic signature process if made available by the Company’s online acceptance procedures with the Company’s designated broker/third party administrator for the Plan), as applicable, he or she will become personally liable for the Employer’s Liability covered by this Joint Election. This Joint Election is made in accordance with paragraph 3B(1) of Schedule 1 to of the SSCBA.

The Election. The Employee and the Company jointly elect that the entire liability of the Employer to pay the Employer’s Liability that arises on the Chargeable Event any Relevant Employment Income is hereby transferred to the Employee. The Employee understands that that, by signing accepting the Joint Election Restricted Stock Unit Award (whether in hard copy or electronically) or by accepting the Option Agreement through the Company’s online acceptance procedures with the Company’s designated broker/third party administrator for the Planthis Election (whether in hard copy or electronically), he or she Grantee will become personally liable for the Employer’s Liability covered by this Joint Election. This Joint Election is made in accordance with paragraph 3B(1) of Schedule 1 to of the SSCBA.

The Election. The Employee and the Company jointly elect that the entire liability of the Employer to pay the Employer’s Liability on the Chargeable Taxable Event is hereby transferred to the Employee. The Employee understands that by signing the Joint Election or by accepting the Option Agreement grant of the Restricted Stock Units through the Company’s online acceptance procedures with procedure at E*Trade or by signing the Company’s designated broker/third party administrator for Notice of Grant to accept the Plan, Restricted Stock Units he or she will become personally liable for the Employer’s Liability covered by this Joint Election. This Joint Election is made in accordance with paragraph 3B(1) of Schedule 1 to SSCBA.