English to Spanish Bus/Financial Finance (general) Stock Scheme

"I believe that as XXX has been paid 100% (instead of 90%) that the correction should be made in the next payroll run. This is due to the fact that the (Company) stock scheme ***is rolling*** and therefore the 10% deferred amount will be received in stock (pleas check with XXX) that this has been received).

Should XXX wish to cancel the stock element, then in accordance with the (Company) rules, he should write to (Company) (by 31st December 08) to cancel this element. From 2009 10% of STIP will be paid in cash.