The vested RSUs will be “settled” and become payable (“Settlement Date”) as of the earliest of the following dates: (a) the Director’s service as a director terminates; (b) the date specified pursuant to a proper election in accordance with Section 4 of this Agreement; or (c) such other date as provided in Section 5. Payment for the RSUs shall be made as soon as administratively practicable after the Settlement Date, but in no event more than thirty (30) days thereafter (or up to ninety (90) days in the event of the Director’s death). Neither the Director (nor the beneficiary in the event of the Director’s death) shall be entitled to choose, directly or indirectly, the taxable year in which payment occurs.