Valero 2015 Annual Report Download - page 161
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Exhibit 10.08
2016 DISTRIBUTION ELECTION FORM
Valero Energy Corporation Deferred Compensation Plan
Fifteen annual installments commencing at date of retirement
I elect that, upon retirement, the value of my Plan account related to deferrals made for the will be paid at the time and
in the manner elected below:
(choose one):
¨ As soon as administratively possible following retirement
(this is the default if no election is made)
¨ January 1 after the year of retirement
(choose one):
¨ Lump sum payment
¨ Annual installments for _______ years (choose 2 - 15 years)
Immediate lump sum payable upon separation
I elect that, upon my separation from employment for a reason other than retirement, the value of my Plan account related to deferrals
made for the will be paid at the time and in the manner elected below:
(choose one):
¨ As soon as administratively possible following separation
(this is the default if no election is made)
¨ January 1 after the year of separation
(choose one):
¨ Lump sum (this is the default payment if no election is made)
¨ Five annual installments