following, but no later than 60 days after, the date the underlying RSU vests. For purposes of
clarity, if any of the RSUs are forfeited by the Participant pursuant to the terms of this
Agreement, then the Participant shall also forfeit the Dividend Equivalent Rights, if any, accrued
with respect to such forfeited RSUs. No interest will accrue on the Dividend Equivalent Rights
between the declaration and payment of the applicable dividends and the settlement of the
Dividend Equivalent Rights.
4.Settlement of RSUs. As soon as administratively practicable following the
vesting of RSUs pursuant to Section 2, but in no event later than 60 days after such vesting date,
the Company shall deliver to the Participant a number of Shares equal to the number of RSUs
subject to this Award. All Shares issued hereunder shall be delivered either by delivering one or
more certificates for such Shares to the Participant or by entering such Shares in book-entry
form, as determined by the Committee in its sole discretion. The value of Shares shall not bear
any interest owing to the passage of time. Neither this Section 4 nor any action taken pursuant to
or in accordance with this Agreement shall be construed to create a trust or a funded or secured
obligation of any kind.
5.Tax Withholding. To the extent that the receipt, vesting or settlement of this
Award results in compensation income or wages (including via Dividend Equivalent Rights) to
the Participant for federal, state, local and/or foreign tax purposes, the Company shall have the
authority to deduct or withhold, or require the Participant to remit to the Company, an amount
sufficient to satisfy all applicable federal, state, local and foreign taxes (including the employee
portion of any Federal Insurance Contributions Act obligation) required by Applicable Law to be
withheld with respect to any taxable event arising in connection with this Award. In furtherance
of the foregoing, the Participant may make arrangements satisfactory to the Company regarding
the payment of any income tax, social insurance contribution or other applicable taxes that are
required to be withheld in respect of this Award, which arrangements include (if and to the
extent permitted by the Company) the delivery of cash or cash equivalents, Shares (including
previously owned Shares (which are not subject to any pledge or other security interest), net
settlement, a broker-assisted sale, or other cashless withholding or reduction of the amount of
shares otherwise issuable or delivered pursuant to this Award), other property, or any other legal
consideration the Committee deems appropriate. If such tax obligations are satisfied through net
settlement or the surrender of previously owned Shares, the maximum number of Shares that
may be so withheld (or surrendered) shall be the number of Shares that have an aggregate Fair
Market Value on the date of withholding or surrender equal to the aggregate amount of such tax
liabilities determined based on the greatest withholding rates for federal, state, local and/or
foreign tax purposes, including payroll taxes, that may be utilized without creating adverse
accounting treatment for the Company with respect to this Award, as determined by the
Committee. Any fraction of a Share required to satisfy such tax obligations shall be disregarded
and the amount due shall be paid instead in cash to the Participant. The Participant
acknowledges that there may be adverse tax consequences upon the receipt, vesting or settlement
of this Award or disposition of the underlying Shares and that the Participant has been advised,
and hereby is advised, to consult a tax advisor. The Participant represents that the Participant is
in no manner relying on the Board, the Committee, the Company or an Affiliate or any of their
respective managers, directors, officers, employees or authorized representatives (including