Income - Based Repayment Plan (IBR Plan): This plan is for you if you are Direct Loan Program and FFEL Program borrower and your payment
amount under this plan is less than what you would pay under the 10 - year Standard Repayment Plan.
Generally speaking, your payment
amount under this plan will be 10 percent of your after - tax (discretionary) income, but will never exceed the monthly payment amount under the standard repayment plan.
If you were a new borrower on or after July 1, 2014, then your payment
amount under this plan will be 10 percent of your after - tax (discretionary) income, but will never exceed the monthly payment amount under the standard repayment plan.
Generally speaking, your payment
amount under this plan will be 10 percent of your after - tax (discretionary) income.
Your payment
amount under this plan is the lesser of these two options: 20 percent of your after - tax (discretionary) income, or what you would pay on a repayment plan with a fixed payment over the course of 12 years (adjusted according to your income).
If your loans originated before then, the payment
amount under this plan will be 15 percent of your after - tax (discretionary) income, but will never exceed the monthly payment amount under the standard repayment plan.
Not exact matches
The federal government limits tax - deductible contributions to retirement
plans; for most
plans, such as 401 (k) programs, the maximum
amount you can receive in contributions in 2016 is $ 53,000 if you're
under the age of 50, and $ 59,000 if you're eligible to make «catch - up» contributions.
Under the CRTC's draft code, wireless companies would have to suspend some services when a customer reaches either $ 50 in additional charges over and above what they pay for their monthly
plan — though roaming fees, for example — or an
amount each consumer would set.
Under current law, taxpayers can put a specified
amount in 401 (k) retirement savings
plans without paying taxes upfront.
Under variable rate loan
plans, the lender and borrower negotiate the
amount of the spread to be added to the base interest rate.
Under the
plan, as described by the D.C. - based broker - dealer Height Securities LLC, Puerto Rico will hold off some payment to these creditors, meaning the unpaid
amount comes to about $ 270 million in GDB debt.
Covers: What leading - edge boomers and seniors buy and why they buy it: the diversity and
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While it's unclear what the insurance marketplaces will look like next year,
under the proposed CMS rule, the
amount of guaranteed coverage in a Silver
plan would drop from about 70 percent to as little as 66 percent.
For purposes of calculating the matching contributions
under the IBM 401 (k) Plus
Plan, the participant's eligible pay excludes the
amounts the participant elects to defer
under the Excess 401 (k) Plus
Plan.
· The matching contributions equal the percentage of the sum of (i) the
amount the participant elects to defer
under the Excess 401 (k) Plus
Plan, and (ii) the participant's eligible compensation after reaching the Internal Revenue Code compensation limits.
Bonus
amounts under our bonus
plan are tied to overall corporate and individual performance, and the bonus pool for executive officers is based on our performance during the fiscal year compared to pre-established target levels for three equally - weighted measures: revenue, operating cash flow and non-GAAP income from operations.
«Non-GAAP Income from Operations» is defined as our non-GAAP income from operations (revenues less cost of revenues and operating expenses, excluding the impact of stock - based compensation expense and amortization of acquisition - related intangible assets), as adjusted to exclude certain acquisitions and not including the impact of
amounts payable
under the Kokua Bonus
Plan.
The Compensation Committee administers the Kokua Bonus
Plan with respect to our executive officers and determines the amounts of any awards under this plan to our executive offic
Plan with respect to our executive officers and determines the
amounts of any awards
under this
plan to our executive offic
plan to our executive officers.
·
Under IBM's Excess 401 (k) Plus Plan, IBM makes matching contributions equal to a percentage of the sum of (i) the amount the participant elects to defer under the Excess 401 (k) Plus Plan, and (ii) the participant's eligible compensation after reaching the Internal Revenue Code compensation li
Under IBM's Excess 401 (k) Plus
Plan, IBM makes matching contributions equal to a percentage of the sum of (i) the
amount the participant elects to defer
under the Excess 401 (k) Plus Plan, and (ii) the participant's eligible compensation after reaching the Internal Revenue Code compensation li
under the Excess 401 (k) Plus
Plan, and (ii) the participant's eligible compensation after reaching the Internal Revenue Code compensation limits.
Effective January 1, 2016, the matching contributions equal the sum of (i) a participant's match rate times the
amount the participant elects to defer
under the Excess 401 (k) Plus
Plan, and (ii) the participant's match rate times the eligible compensation after reaching the Internal Revenue Code compensation limits.
Under an income - contingent repayment program, borrowers with Direct Stafford loans of any kind, PLUS loans made to students, and consolidation loans have their monthly payment based on the lesser of 20 percent of discretionary income or the
amount due on a repayment
plan with a fixed payment over 12 years, adjusted for income.
The
amounts reported in the column entitled «Non-Equity Incentive
Plan Compensation» include
amounts earned and paid in fiscal 2011 by all the NEOs
under the PfR
Plan for fiscal 2010.
The following benefits are not subject to the HP Severance Policy, either because they have been previously earned or accrued by the employee or because they are consistent with Company Practices: (i) compensation and benefits earned, accrued, deferred or otherwise provided for employment services rendered on or prior to the date of termination of employment pursuant to bonus, retirement, deferred compensation or other benefit
plans, e.g., 401 (k)
plan distributions, payments pursuant to retirement
plans, distributions
under deferred compensation
plans or payments for accrued benefits such as unused vacation days, and any
amounts earned with respect to such compensation and benefits in accordance with the terms of the applicable
plan; (ii) payments of prorated portions of bonuses or prorated long - term incentive payments that are consistent with Company Practices; (iii) acceleration of the vesting of stock options, stock appreciation rights, restricted stock, restricted stock units or long - term cash incentives that is consistent with Company Practices; (iv) payments or benefits required to be provided by law; and (v) benefits and perquisites provided in accordance with the terms of any benefit
plan, program or arrangement sponsored by HP or its affiliates that are consistent with Company Practices.
«A prudent, independent nonbiased entity» managing the retirement
plan... There is a huge
amount of
plans under $ 5 million or $ 10 million [in assets] that need someone to take on that responsibility.»
The
amounts in this column represent above - market interest earned on director compensation deferred to an interest - credited account
under the Director Compensation Deferral
Plan, as elected by the director.
If we terminate Mr. Drexler's employment without cause or he terminates his employment with good reason, Mr. Drexler will be entitled to receive (i) a payment of his earned but unpaid annual base salary through the termination date, any accrued vacation pay and any un-reimbursed expenses, and (ii) subject to Mr. Drexler's execution of a valid general release and waiver of claims against us, as well as his compliance with the non-competition, non-solicitation and confidential information restrictions described below, (a) a payment equal to his annual base salary and target cash incentive award, one - half of such payment to be paid on the first business day that is six (6) months and one (1) day following the termination date and the remaining one - half of such payment to be paid in six equal monthly installments commencing on the first business day of the seventh calendar month following the termination date, (b) a payment equal to the product of (x) the last annual cash incentive award Mr. Drexler received prior to the termination date and (y) a fraction, the numerator of which is the number of days of service completed by Mr. Drexler in the year of termination and the denominator of which is 365, such
amount to be paid on the first business day that is six (6) months and one (1) day following the termination date, and (c) the immediate vesting of such portion of unvested restricted shares and stock options as provided and pursuant to the terms of the relevant grant agreements
under our 2003 Equity Incentive
Plan.
Failure to recertify on time can result in your monthly payment reverting to the
amount you would pay
under the Standard 10 - year repayment
plan, which may be significantly higher than your monthly payment on an IDR
plan.
This
amount also includes 4,829,841 Shares available
under equity compensation
plans in which Associates of ASDA Group Limited («ASDA»), our company's subsidiary in the United Kingdom, participate.
The
amounts in this column represent participation incentive payments
under the Officer Deferred Compensation
Plan («ODCP»), matching contributions to the Deferred Compensation Matching
Plan («DCMP»), and contributions to the SERP, as follows:
Under the Deferred Compensation Matching
Plan, which took effect on February 1, 2012, officers may elect to defer base salary and cash incentive
amounts until separation of employment from our company or until a specified payment date.
Some mortgage underwriters base decisions on the percentage of your total student loan balance rather than using your monthly payment
amounts under an income - driven repayment
plan.
in the case of our directors, officers, and security holders, (i) the receipt by the locked - up party from us of shares of Class A common stock or Class B common stock upon (A) the exercise or settlement of stock options or RSUs granted
under a stock incentive
plan or other equity award
plan described in this prospectus or (B) the exercise of warrants outstanding and which are described in this prospectus, or (ii) the transfer of shares of Class A common stock, Class B common stock, or any securities convertible into Class A common stock or Class B common stock upon a vesting or settlement event of our securities or upon the exercise of options or warrants to purchase our securities on a «cashless» or «net exercise» basis to the extent permitted by the instruments representing such options or warrants (and any transfer to us necessary to generate such
amount of cash needed for the payment of taxes, including estimated taxes, due as a result of such vesting or exercise whether by means of a «net settlement» or otherwise) so long as such «cashless exercise» or «net exercise» is effected solely by the surrender of outstanding stock options or warrants (or the Class A common stock or Class B common stock issuable upon the exercise thereof) to us and our cancellation of all or a portion thereof to pay the exercise price or withholding tax and remittance obligations, provided that in the case of (i), the shares received upon such exercise or settlement are subject to the restrictions set forth above, and provided further that in the case of (ii), any filings
under Section 16 (a) of the Exchange Act, or any other public filing or disclosure of such transfer by or on behalf of the locked - up party, shall clearly indicate in the footnotes thereto that such transfer of shares or securities was solely to us pursuant to the circumstances described in this bullet point;
If you miss the filing deadline, your payments may jump up to the
amount they were
under a Standard Repayment
Plan.
No participant will have the right to purchase shares of our Class A common stock in an
amount, when aggregated with purchase rights
under all our employee stock purchase
plans that are also in effect in the same calendar year, that have a fair market value of more than $ 25,000, determined as of the first day of the applicable purchase period, for each calendar year in which that right is outstanding.
Examples of forward - looking statements include, but are not limited to, statements we make regarding the Company's
plans, assumptions, expectations, beliefs and objectives with respect to store openings and closings; product introductions; sales; sales growth; sales trends; store traffic; retail prices; gross margin; operating margin; expenses; interest and other expenses, net; effective income tax rate; net earnings and net earnings per share; share count; inventories; capital expenditures; cash flow; liquidity; currency translation; growth opportunities; litigation outcomes and recovery related thereto; the collectability of
amounts due
under financing arrangements with diamond mining and exploration companies; and certain ongoing or
planned product, marketing, retail, manufacturing, information systems development, upgrades and replacement, and other operational and strategic initiatives.
Under this
plan, payments are set at a fixed
amount with a fixed interest rate, and the repayment term is 10 years.
and to calculate your monthly payment
amount under all income - driven repayment
plans.
bonus
amounts of up to 95 % of the annual incentive bonus payable
under the PfR
Plan.
Amounts payable
under the annual cash incentive bonus
plan are generally calculated as a percentage of the applicable executive's base salary.
Specifically, benefits subject to the HP Severance Policy include: (a) separation payments based on a multiplier of salary plus target bonus, or cash
amounts payable for the uncompleted portion of employment agreements; (b) any gross - up payments made in connection with severance, retirement or similar payments, including any gross - up payments with respect to excess parachute payments
under Section 280G of the Code; (c) the value of any service period credited to a Section 16 officer in excess of the period of service actually provided by such Section 16 officer for purposes of any employee benefit
plan; (d) the value of benefits and perquisites that are inconsistent with HP Co.'s practices applicable to one or more groups of HP Co. employees in addition to, or other than, the Section 16 officers («Company Practices»); and (e) the value of any accelerated vesting of any stock options, stock appreciation rights, restricted stock or long - term cash incentives that is inconsistent with Company Practices.
Qualifying payments include reduced payments
under IDR
plans, so you can save a significant
amount of money.
Under these plans, your monthly payment amount will be based on your income and family size when you first begin making payments, and at any time when your income is low enough that your calculated monthly payment amount would be less than the amount you would have to pay under the 10 - year Standard Repayment
Under these
plans, your monthly payment
amount will be based on your income and family size when you first begin making payments, and at any time when your income is low enough that your calculated monthly payment
amount would be less than the
amount you would have to pay
under the 10 - year Standard Repayment
under the 10 - year Standard Repayment
Plan.
Instead, your payment will be the
amount necessary to repay your loan in full by the earlier of (a) 10 years from the date you begin repaying
under the alternative repayment
plan, or (b) the ending date of your 20 - or 25 - year REPAYE Plan repayment per
plan, or (b) the ending date of your 20 - or 25 - year REPAYE
Plan repayment per
Plan repayment period.
When you apply, you'll be asked to provide income information that will be used to determine your eligibility for the PAYE or IBR
plans and to calculate your monthly payment
amount under all income - driven repayment
plans.
The chart below shows how payment
amounts are determined
under each income - driven
plan.
Worse, the merger price was even below the
amount that shareholders would have received in the company's
planned phased liquidation, which the company was considering
under pressure from Elliott Management, an activist hedge fund and holder of approximate 15 % of American Capital stock.
There are also restrictions on how and when employees can withdraw these assets, and penalties may apply if the
amount is withdrawn while an employee is
under the retirement age as defined by the
plan.
If you still have a balance on your loans after making payments
under an ICR
plan for 25 years, the government will discharge the remaining
amount.
Under any income - driven repayment
plan, it is possible for monthly payments to be less than the
amount of monthly interest that is accruing.
Under the ICR
plan, outstanding interest is capitalized annually, but the
amount of interest that is capitalized can never exceed 10 % of the original principal balance of your loan at the time that it entered the ICR
plan.