Sentences with phrase «immediate cash payment of»

Not exact matches

Ordinarily, cash payments made in lieu of unvested stock awards would trigger an immediate income - tax liability for the recipient.

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.

In an immediate annuity, the purchaser gives an insurance company a lump sum of cash and receives payments until they die.

Because of the deferred payment plan, a reverse mortgage is helpful for an older homeowner in need of immediate cash.

Your company receives an immediate cash payment that it can use as it wishes, and the factoring company receives payment of the invoice from the customer.

The Bonus Army was the popular name of an assemblage of some 43,000 marchers — 17,000 World War I veterans, their families, and affiliated groups — who gathered in Washington, D.C., in the spring and summer of 1932 to demand immediate cash - payment redemption of their service certificates.

Selling loans isn't a good way to boost your revenue (since the value of the future payments is hopefully larger than the amount loaned due to interest), but it would provide immediate cash to pay down a deficit.

· First, all stockholders who desire liquidity will have the immediate ability to cash out of their investment in Avigen and receive a payment of $ 1.00 per share by tendering their shares into the BVF tender.

An immediate annuity is a contract between you and an annuity issuer (an insurance company) to which you pay a single lump sum of cash in exchange for the issuer's promise to make payments to you (or the annuitant) for a fixed period of time or for the life of the annuitant.

You also can choose from any combination of immediate cash advance, credit line and monthly term payment.

So in terms of cash flow by not making the $ 800 x 12 payments of $ 9,600 you are giving yourself an immediate return $ 9,600 on your $ 125,000 loan which equals.

It depends on a lot of factors but I'd consider paying off the debt right away if its high interest consumer debt as you'd see an immediate improvement in your monthly cash flows (your monthly debt payments would be eliminated / decreased).

A personal checking account allows consumers to make payment for goods and services without the immediate use of cash, raccoon pelts or seashells.

Your adviser could then compare that strategy to other options, such as devoting not all but a portion of your nest egg to an immediate annuity, a type of annuity that in return for a lump sum of cash guarantees monthly payments for the rest of your life.

Written By: Larry Klein in Walnut Creek, CA There are 2 types of annuity buyers that end up with annuities they would like to sell (and you could be the buyer): Those people who buy immediate annuities and then later decide they desire the cash rather than monthly or annual payments over time Those people who get legal settlements in the form of an annuity and they prefer to have a lump sum of cash You can be the buyer of such «secondary annuities» and...

For court users who wish to make immediate payment, by way of cash, credit card, check, and NETs, upon the conclusion of any case in state courts, the real - time interface with the back - end workflow would make the intelligent service kiosk a reality by 2016.

In a life settlement transaction, the policy's owner transfers ownership of the policy to the buyer in exchange for an immediate cash payment and, in some instances, a reduced interest in the death benefit for the policy's beneficiaries.

Due to the single premium payment the policy will have an immediate cash value and loan value which could be significant depending on the amount of the single premium payment.

Dash allows users to make immediate payments due to the new system of distributed transaction confirmation by the Masternode network while maintaining the same financial anonymity as cash payments, the official website says.

It allows them to access their home equity in the form of monthly income, a line of credit or immediate cash, tax - free, to use for any reason, without ever having to make a mortgage payment on the loan, as long as they live in their home and meet some required criteria.