Sentences with phrase «months in equal installments»

The payment may be spread over 10 months in equal installments.

Not exact matches

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.

The executives, who joined the company six and three months ago respectively, have been granted bundles of Tronc common shares, scheduled to vest in three equal installments on Aug. 2, 2017, 2018 and 2019.

Last month, Local 28 of the Sheet Metal Workers, began paying the first installments of $ 12.7 million in back pay to hundreds of black and Hispanic members in a partial settlement of a bias lawsuit decades old — the oldest such case in the hands of the Equal Employment Opportunity Commission.

In the accompanying example, you can see that Dan purchases 10 shares of a stock for a lump sum of $ 5,000, while Kathy invests her $ 5,000 over a five - month period in equal installments of $ 1,000 per montIn the accompanying example, you can see that Dan purchases 10 shares of a stock for a lump sum of $ 5,000, while Kathy invests her $ 5,000 over a five - month period in equal installments of $ 1,000 per montin equal installments of $ 1,000 per month.

Each month thereafter, you pay back the lender in 12 equal installments.

The calculator assumes that the loan is disbursed, or paid, to the school in two equal installments, six months apart.

Similar to an equity loan, you can receive the loan amount in a single lump sum or in equal monthly installments paid to you from the creditor, which is why it is a reverse mortgage — you receive payments rather than make them each month.

The calculator assumes that the amount of the financial need is disbursed to the school in two equal installments six (6) months apart.

Of that sum, # 45,000 is payable in equal monthly installments in the first six months, and the balance in equal monthly installments in the second six months.

In this case, you can pay 25 % of the entire annual premium as a deposit, and then pay the remainder in 5 equal monthly installments that end 6 months after your policy's «effective» datIn this case, you can pay 25 % of the entire annual premium as a deposit, and then pay the remainder in 5 equal monthly installments that end 6 months after your policy's «effective» datin 5 equal monthly installments that end 6 months after your policy's «effective» date.

Say the Sum assured is Rs 50 lacs the policy holder premium will get stop plus he will get Rs 50 Lacs in equal installments in 120 months i.e. 41000 every monthly.

Family Income Benefit: If you choose option B, 60 % of Guaranteed Death Benefit is payable in equal installments for a period of 60 months.

If you choose option B, 60 % of Guaranteed Death Benefit (as Family Income Benefit) is payable in equal installments for a period of 60 months.

Sum Assured on Death will be paid in equal monthly installments starting immediately from the next monthly anniversary following the date of death and will be payable for 72 months (for policy term 12 years), 96 months (for policy term 16 years) or 144 months (for a policy term of 24 years).