Deferral Election Contract Clauses (96)

Grouped Into 1 Collection of Similar Clauses From Business Contracts

This page contains Deferral Election clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Deferral Election. Pursuant to and in accordance with this Election, Director hereby elects to defer payment of his or her Eligible Cash Compensation, in the percentages designated below, for calendar year 2017, and, except as indicated below and unless a new Election is made in a timely manner in accordance with the requirements of Section 409A, to all future calendar years (each, an "Applicable Calendar Year"). ☐ _____% of annual retainer fees payable in cash ☐ _____% of committee chairperson retainer fees payab...le in cash ☐ _____% of Board meeting fees payable in cash ☐ _____% of committee meeting fees payable in cash _____ Except to the extent that Director initials here, this Election will apply to Eligible Cash Compensation for calendar year 2017 and for all future calendar years, without the requirement that Director make a new Election, unless changed in a timely manner in accordance with the requirements of Section 409A. By completing this Election, Director hereby acknowledges that if he or she wishes to modify the Election as to any Eligible Cash Compensation with respect to future calendar years, he or she will need to make a new Election by completing another Election and submitting it to the Board on or before the Election Deadline for such Applicable Calendar Year within the time period permitted under Section 409A. View More
Found in Inland Real Estate Income Trust, Inc. contract
Deferral Election. Pursuant to and in accordance with this Election, Director hereby elects to defer payment of his or her Eligible Cash Stock Compensation, in the percentages designated below, for calendar year 2017, and, except as indicated below and unless a new Election is made in a timely manner in accordance with the requirements of Section 409A, to all future calendar years (each, an "Applicable Calendar Year"). ☐ _____% of annual retainer fees payable in cash automatic grants of Restricted Shares pursuant ...to Section 6.1 of the Restricted Share Plan ("Automatic Grants"); and ☐ _____% of committee chairperson retainer fees payable in cash ☐ _____% of Board meeting fees payable in cash ☐ _____% of committee meeting fees payable in cash any Restricted Shares awarded to Director under the Restricted Share Plan other than Automatic Grants ("Other Grants"). _____ Except to the extent that Director initials here, this Election will apply to Eligible Cash Stock Compensation for calendar year 2017 and for all future calendar years, without the requirement that Director make a new Election, unless changed in a timely manner in accordance with the requirements of Section 409A. By completing this Election, Director hereby acknowledges that if he or she wishes to modify the Election as to any Eligible Cash Stock Compensation with respect to future calendar years, he or she will need to make a new Election by completing another Election and submitting it to the Board on or before the Election Deadline for such Applicable Calendar Year within the time period permitted under Section 409A. View More
Found in Inland Real Estate Income Trust, Inc. contract
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