/sys$common/syshlp/helplib.hlb RUN, Process, Qualifiers, /DELAY  *Conan The Librarian (sorry for the slow response - running on an old VAX)

       /DELAY=delta-time

    Places the created process in hibernation and awakens it after a
    specified time interval.

    Specify the delta time according to the rules for entering delta
    times given in the OpenVMS User's Manual or the online help topic
    DCL_Tips (subtopic Date_Time).

    If you specify both the /DELAY and /INTERVAL qualifiers, the
    first wakeup request occurs at the time specified by the /DELAY
    qualifier. All subsequent wakeup requests occur at the interval
    specified by the /INTERVAL qualifier.