Sentences with phrase «if death or disability»

If death or disability strikes your company, key person insurance may be the difference between the company's demise and its ultimate success.

Funding vehicles such as life insurance and disability policies used to provide the liquidity needed if death or disability occurs or if an owner retires.

Not exact matches

Also, if a majority of the Board is comprised of persons other than (i) persons for whose election proxies were solicited by the Board; or (ii) persons who were appointed by the Board to fill vacancies caused by death or resignation or to fill newly - created directorships («Board Change»), unless the Committee or Board determines otherwise prior to such Board Change, then participants immediately prior to the Board Change who cease to be employees or non-employee directors within six months after such Board Change for any reason other than death or permanent disability generally have their (i) options and stock appreciation rights become immediately exercisable and to the extent not canceled or cashed out, generally have at least six months to exercise such awards; (ii) restrictions with respect to restricted stock and RSRs lapse and generally shares are delivered; and (iii) performance shares and performance units pay out pro rata based on performance through the end of the last calendar quarter before the time the participant ceased to be an employee.

«Every withdrawal will include an earnings portion, meaning that if the owner makes a nonqualified withdrawal, he or she is going to pay a penalty tax on earnings unless the withdrawal qualifies for an exemption, such as the death or disability of the beneficiary,» he said.

Generally, if termination is due to death or disability, the option will remain exercisable for twelve months.

Generally, if termination is due to death or disability, the option will remain exercisable for 12 months.

«The vesting of each executive's awards will accelerate upon termination of his employment for any reason (including a resignation for good reason) other than cause, death or disability (as such terms are defined in such executive's employment agreement) if such termination takes place upon or within two years following a change in control (as defined in such executive's employment agreement) that occurs during the term of his employment agreement and such executive signs a general waiver and release that has become effective.»

And if the House of Representatives shall not choose a President whenever the right of choice shall devolve upon them, before the fourth day of March next following, then the Vice-President shall act as President, as in the case of the death or other constitutional disability of the President.

Under the new guidelines, LDTs would be considered high risk if inaccurate results could lead to death or prolonged disabilities.

If you take any information from this website or any website at face value and go try it without medical or professional supervision, you can and very well might get what is coming to you, including death, injury, disability, loss of your birthday, or being sent out to sea.

The sedentary or inactive life style that has swept the country has led to heart attacks and coronary disease becoming the number one cause of death and disability in the United States but the sad thing is it doesn't have to happen if people would only get of their backsides and become more active.

the graduation rate cohort for each public school district shall consist of those students who first enrolled in grade 9 anywhere three school years previously or, if an ungraded student with a disability, first attained the age of 17 three school years previously, and who have spent at least five consecutive months, not including July and August, in the district since first entering grade 9 and whose last enrollment in the district did not end because of transfer to another district, death, court - ordered transfer, or leaving the United States.

The penalty is waived if the account owner is 65 or older, or due to death or disability.

footnote ** IRA distributions received before you're age 59 1/2 may not be subject to the 10 % federal penalty tax if the distribution is due to your disability or death; is distributed by a reservist who was ordered or called to active duty after September 11, 2001, for more than 179 days; or is for a first - time home purchase (lifetime maximum: $ 10,000), postsecondary education expenses, substantially equal periodic payments taken under IRS guidelines, certain unreimbursed medical expenses, an IRS levy on the IRA, or health insurance premiums (after you've received at least 12 consecutive weeks of unemployment compensation).

Terms for private loans are much more stringent and may be less forgiving if you chance upon unexpected problems or issues that may occur down the road (such as disability, death or any other disruption of your payment schedule due to unforeseen circumstances).

If the insured dies while receiving total disability benefits, the policy pays the basic monthly benefit to the owner or owner's estate for up to three months after the insured's death.

«If you had a longer amortization period left and you don't have a lot of equity in your home — especially if you're a new home buyer who was stretched to the max when you bought it — those are the people that should consider making extra payments in the case of a job loss, or the death or disability of a spouse,» he sayIf you had a longer amortization period left and you don't have a lot of equity in your home — especially if you're a new home buyer who was stretched to the max when you bought it — those are the people that should consider making extra payments in the case of a job loss, or the death or disability of a spouse,» he sayif you're a new home buyer who was stretched to the max when you bought it — those are the people that should consider making extra payments in the case of a job loss, or the death or disability of a spouse,» he says.

But you might be forced to refinance or sell your home before you break even on your points if you face an unexpected life challenge like divorce, death of a spouse, disability or a job loss or transfer.

Learn about how some people may request a religious exemption from paying SECA or FICA taxes if they are members of a religious sect opposed to receiving payments made because of disability, death, or old age / retirement.

Death and disability: The loan can be discharged if the parent borrower dies or becomes totally and permanently disabled.

If you die while receiving total disability benefits, we will pay the policy's basic monthly benefit to the owner or owner's estate for up to three months after your death.

We'll pay a survivor benefit for three months beyond the date of your death, if you die while disability or recovery benefits are payable.

A buy - sell agreement typically specifies in advance what will happen if an owner or a key person leaves the company, either through a personal decision or because of death or disability.

Spouses of service members may also apply if they are the not remarried spouse of a veteran who died in the line of duty, or due to a service connected disability; OR the spouse of a service member who is a prisoner of war or missing in action; OR the surviving spouse of a totally disabled veteran whose disability may or may not have been the cause of deator due to a service connected disability; OR the spouse of a service member who is a prisoner of war or missing in action; OR the surviving spouse of a totally disabled veteran whose disability may or may not have been the cause of deatOR the spouse of a service member who is a prisoner of war or missing in action; OR the surviving spouse of a totally disabled veteran whose disability may or may not have been the cause of deator missing in action; OR the surviving spouse of a totally disabled veteran whose disability may or may not have been the cause of deatOR the surviving spouse of a totally disabled veteran whose disability may or may not have been the cause of deator may not have been the cause of death.

Loan forgiveness granted for death or permanent disability of the borrower or if the student on whose behalf a parent obtained the loan dies

We'll pay a survivor benefit for three months beyond the date of the insured's death, if the insured dies while disability or recovery benefits are payable.

Distributions from regular 401 (k) plans are taxed as ordinary income and may be subject to a 10 % federal income tax penalty if withdrawn before age 59 1/2, except in special circumstances such as disability or death, or separation from service after age 55.

Other benefits include accidental death, which provides benefits when death occurs as a result of an accident, family plan for insured spouse and children, disability waiver of premium, which waives the premium payments if the insured becomes disabled for more than 6 months and mortgage payment disability benefit which offers money to continue making payments if the insured individuals becomes disabled for 60 days or longer.

Once the five - year requirement is met, distributions will be free from federal income taxes if taken: (1) after age 59 1/2 (2) on account of disability or death, or (3) to pay up to $ 10,000 of the expenses of purchasing a first home.

Distributions for non-medical expenses are taxable and subject to a 20 % penalty if withdrawn before age 65 (except in the cases of death or disability).

This provision pays a survivor benefit for three months beyond the date of your death, if you die while disability or recovery benefits are payable.

If something happens to the primary borrower — including death, disability, unemployment, or simple financial irresponsibility — then the cosigner will be required to pay back the loan.

The cosigner agrees to pay the loan if the borrower can not do so, regardless of the reason (including unemployment, death, or disability).

Perhaps the most important decision you can make is choosing who will take care of your pet if you're unable to do so as a result of injury, disability or even death.

They are neither — at least not if you're determined to make our cities safe places where people can go for a walk without fear of sudden death or disability.

If your loved one was fatally injured at work, you may also be able to recover permanent total disability as death benefits for a period of time or in a lump sum amount.

• Requires a BAIID, as a condition of a RDP, if the offender is convicted of DUI involving death, great bodily harm or permanent disability or disfigurement to another.

Our attorneys will help you with your claim for medical benefits, income benefits, permanent disability, or, if you have lost a spouse or parent, survivor's death benefits for toxic exposure.

If you, or a loved one, has suffered unnecessary death or disability as a result of poor diabetes care, we would be happy to discuss the treatment and care you have received and advise you as to whether you may have a claim for compensation.

Most lawyers and law firms and malpractice insurers think of backup attorneys in cases of disaster, like death or disability, but, if you're intent on ramping up your vacation time, you should think of backup attorneys in terms of convenience.

You may also recall the options if the employee leaves the company for any reason barring retirement, death, or disability.

If you have reason to believe that an emergency room error resulted in injury, long - term disability or wrongful death of someone you love, contact Breslin & Breslin in Hackensack to discuss your options in a free initial consultation.

If you believe an attorney is no longer able to perform his or her duties due to death or disability, and has no one else to manage client files, contact us to ask about appointment of Inventory Counsel.

In any such case, if the person entitled to bring the action was at the time the personal injury, death, or property damage occurred under the age of 18 years, under legal disability, or imprisoned on criminal charges and the claim is not against the Illinois Department of Corrections or any past or present employee, the limitation period does not begin to run until the person reaches the age of 18, the disability is removed, or the person ceases to be imprisoned.

If anesthesia is not administered correctly, the victim can suffer brain damage, disabilities, a stroke, or even death.

If Participant's employment with Micro or any Affiliate is terminated for any reason other than death, disability... or retirement... prior to the time when all Shares have become Unrestricted Shares..., Restricted Shares... shall be repurchased by Micro at the lower of (x) the Purchase Price and (y) the Fair Market Value of such Shares on the Repurchase Date.

Covering the risk of death or disability, kidnap or illness, we'll cover the extra costs of delay; the lost costs of abandonment or the law firms WIP if the key individual is unable to continue as part of the case.

In return, an injured worker (or family member) can file a claim to help with medical costs, disability benefits, lost wages and death benefits, if applicable.

Prenuptial agreements spell out in advance the future consequences of a separation, divorce, disability or death, and they can reduce the stress and expense incurred if any of those come to pass, giving you peace of mind in your marriage.

And if the House of Representatives shall not choose a President whenever the right of choice shall devolve upon them, before the fourth day of March next following, then the Vice-President shall act as President, as in the case of the death or other constitutional disability of the President.