Sentences with phrase «of ownership of a policy»

The transfer of all incidents of ownership of a policy to a separate entity.
Vesting means transfer of ownership of the policy.
Assignment is transfer of ownership of the policy with the Life Assured remaining the same.

Not exact matches

Canada has a different environment — a more stable and regulated banking sector, less of a policy push toward home ownership and recourse laws that allow wider latitude for mortgage lenders to go after delinquents.
«Why would we as Canadians be embarrassed about adopting a policy that says these assets are important to our sense of nationhood, and we want there to be significant ownership by Canadians?»
Most of the CEOs believe Canada's foreign ownership policies are uncoordinated and need to be re-examined, although 29 % of the respondents say the country's rules tend to work well in their current form.
Private companies are viewed more favourably than state - owned firms, and the CEOs were lukewarm about the idea of using ownership policy to promote democracy, such as limiting the ability of companies based in undemocratic countries to buy Canadian assets.
This can start with implementing a companywide policy that addresses acceptable and unacceptable device use and provides details of excluded apps, data ownership and scheduled IT access to the device for updates.
Those policies include giving access to free land to select businesses (there is no land ownership in China), offering below - market loans, the near total lack of environmental standards, and policies that suppress wage growth.
Canada has a long history of embracing property ownership (it was once a requirement to vote), and government policy continues to support it.
While privacy policies were originally intended to be a protection mechanism for consumers, they have turned into «ownership policies,» said Nico Sell, CEO of the Wickr Foundation, the non-profit arm of a company that bills itself as the world's most trusted messenger site.
But what I liked best about the book is how it engages with what I see as one of the most important and difficult social - policy questions of our time: How do we unstack the deck and, at the same time, get people to take ownership over improving their own lives and communities even when they reasonably believe that the deck is stacked against them?
On the legislative and policy front, Bill C - 11 has passed the committee stage and seems likely to race toward royal assent by the summer, last week's unveiling of the telecom policy (including policies on the forthcoming spectrum auction and foreign ownership) puts to rest a major issue associated with the digital economy strategy, the CRTC recently published its final anti-spam regulations with Industry Canada expected to follow with theirs shortly, the open government initiative has been making considerable progress, and Government House Leader Peter Van Loan told the House of Commons on Thursday that Bill C - 12 (the PIPEDA reform bill) may finally move forward next week.
December 2002 (769 kb PDF file): Research summaries on IMF conditionality and country ownership of reforms and on public policies and the Millennium Development Goals; country / area study: Hong Kong SAR; summaries of conferences on challenges to central banking from globalized financial systems and on globalization in historical perspective; agenda of Third Annual IMF Research Conference; summary of September 2002 World Economic Outlook; visiting scholars at the IMF; contents of latest issue of IMF Staff Papers, other IMF research publications.
The Board's stock ownership policy provides that each non-employee director is required to attain, by the fifth anniversary of such director's initial election to the Board, a minimum share ownership position of the lesser of (i) 7,500 shares of common
We maintain a stock ownership policy for our non-employee directors, as described earlier in «Directors and Corporate Governance — Compensation of Directors» and as set forth in our Corporate Governance Guidelines (the «Guidelines»).
These meetings are designed to further integrate Canada into the United States and have us adopt even more American standards, values and policies, and to give Americans even more guaranteed access to our resources and the unimpeded ability to buy up the ownership and control of even more of our country.
Tesla has an insider trading policy that prohibits all of our directors, officers and employees from, among other things, engaging in short sales, hedging of stock ownership positions, and transactions involving derivative securities relating to Tesla's common stock.
Our Board, upon the recommendation of our Corporate Governance and Nominating Committee, has a stock ownership policy that requires each independent director to beneficially own at least 5,000 shares of Common Stock or vested RSUs within two years of becoming a director; all of our independent directors are in compliance with this policy.
Should there be regulation of foreign ownership in residential real estate or should we avoid regulation in this area and if the answer is to regulate what should the policies look like if enacted?
monitoring workforce management programs; establishing compensation policies and practices for service on the Board and its committees, including annually reviewing the appropriate level of director compensation and recommending to the Board any changes to that compensation; developing stock ownership guidelines for directors and executive officers and monitoring compliance with such guidelines; and annually evaluating its performance and its charter.
based in part on their business line performance, and thus presented the potential for excessive risk taking, the HRC concluded that the emphasis on overall Company performance in compensation decisions, the existence of robust compliance, internal control, disclosure review and reporting programs and clawback policies, the Code of Ethics prohibition on, and right to discipline employees for manipulating business goals for compensation purposes and its prohibitions on derivative and hedging transactions in Company common stock, and the Company's stock ownership guidelines provided adequate safeguards that would either prevent or discourage excessive risk taking.
Promises to solve this foreign ownership data vacuum are welcomed by industry and policy stakeholders and if championed by the new Liberal government, will provide an essential step in the creation of appropriate policy responses.
In addition, pursuant to our outside director equity compensation policy, in the event of the termination of a non-employee director's service to the Board as a result of death, disability or retirement, all of the non-employee director's equity compensation awards will become fully vested, provided that the non-employee director served as a member of the Board for at least three years prior to the date of termination and the non-employee director satisfied our equity ownership guidelines during his or her service as a Board member.
We have adopted robust stock ownership guidelines and other governance policies to ensure that our CEO, Executive Officers, and certain other officers are focused on Walmart's long - term success and that their interests are aligned with those of our shareholders.
stock ownership policy under which all executive officers are required to retain 50 % of their after - tax profit shares acquired upon exercise of options or vesting of stock awards for a period of one year following retirement, and all other employees are expected to retain that number of shares while employed by the Company.
In addition to the non-employee director compensation policy, in connection with this offering, we adopted a director stock ownership policy encouraging non-employee directors to hold shares of our Class A common stock with a value equal to at least one times the fair value of the director's annual equity award.
In addition, in connection with this offering, we adopted an executive stock ownership policy encouraging Mr. Garutti and Mr. Uttz to hold shares of our common stock with a value equal to two and one times each of their annual base salaries, respectively.
There are certain policy options that are beyond the pale for Canadians, such as getting rid of foreign - ownership restrictions.
In addition, we intend to adopt an executive stock ownership policy encouraging Mr. Garutti and Mr. Uttz to hold shares of our common stock with a value equal to two and one times each of their annual base salaries, respectively.
In addition to the non-employee director compensation policy, we intend to adopt a director stock ownership policy encouraging non-employee directors to hold shares of our Class A common stock with a value equal to at least one times the fair value of the director's annual equity award.
That was the prerequisite needed to pave the way for the Reagan - Bush policy of having... an employee stock ownership plan (ESOP).
It also examined policies that would enable Canadians to exercise greater control over their own economic development and to retain and increase Canadian ownership of business where feasible or desirable for economic, social, cultural or other reasons.
However, the largest national research survey, using recent data on hundreds of companies that employ 6 million workers, gives encouraging news on this score, showing that managers in companies with more employee share ownership, appear to implement a greater number of these supportive involvement policies.30
Profit sharing provides employees a percent of annual profits in cash or in a deferred profit - sharing trust.2 Businesses of all sizes in every part of the country and in every industry have policies that provide opportunities for employee stock ownership, profit sharing, or both with most, if not all, workers.
take us through this history, it becomes clear that although the U.S. Federal government supported the notion of employee ownership throughout most of its history, recent decades have seen a gradual but undeniable roll back in federal policies supporting these forms of corporations.
(Berlin: IZA World of Labor Policy Brief, forthcoming 2016) and Douglas L.Kruse and Joseph Blasi, «Employee Ownership, Employee Attitudes, and Firm Performance: A Review of the Evidence,» in ed.
We believe that our pledging policy effectively mitigates the risk that forced sales of pledged shares could prompt a broader sell - off or further depress a declining stock price, while providing our officers and directors with reasonable flexibility to use their FedEx shares as collateral for loans for needed liquidity and encouraging them to retain substantial ownership of their shares.
The Republican Speaker of the House of Representatives, Pennsylvania's Rep. Galusha Grow, managed the Act through Congress and echoed a point made years earlier by former President James Madison that population growth would eventually make obsolete a broad - based property ownership policy limited only to the ownership of land.
Current facts on inequality and economic growth make as strong a case for public policy to increase a variety of employee share ownership and profit - sharing formats as in the early days of the Republic.
Given that spreading ownership of capital and increasing employees» share in economic rewards has bipartisan appeal, 37 the only valid answer to the question by Washington, Adams, Jefferson, Madison, or other time travelers is that, after four decades of neglecting policies to stimulate broad - based profit sharing and employee share ownership, we have changed course and are now placing them in the policy portfolio, if not at the center of economic policymaking that they occupied from the days of Washington to Lincoln.
They go on to argue that we should adopt «policies that encourage firms and workers to broaden capital ownership and access to capital income, consistent within the long American tradition of encouraging broad - based private property ownership, should be part of any effort to address today's economic inequality.»
Congress or the President creating an Office of Broad - based Employee Share Ownership and Profit Sharing in the White House to coordinate policies across the government to assure that there is sufficient data, research, and analysis to encourage responsible policies and avoid unintended consequences as the many policy disasters of the past noted above.
In the George W. Bush administration, changes in accounting regulations and Federal policies made granting of broad - based stock options and restricted and other stock grants to employees in high technology and other companies less attractive, which led to a huge drop in employee share ownership among the middle class in those companies and industries.
Our high level of foreign ownership may limit our opportunity to participate in U.S. government travel contracts and the Civilian Reserve Air Fleet program, however, if we are unable to satisfy policies and procedures of the U.S. Department of Defense for the mitigation of foreign ownership, control or influence required of cleared U.S. contractors.
With the experience of the past to draw upon and a large and growing set of studies on how different forms of employee share ownership and profit sharing work in modern settings, it is time to examine how ownership and profit - sharing policies can help make U.S. capitalism more efficient and equitable in the current economic environment.
If you prefer to retain ownership of your policy and name the Foundation as beneficiary, your estate will receive a tax receipt for the proceeds after your passing.
Because you have chosen to name the Foundation as the beneficiary of a policy, there are no disputes about ownership of the policy proceeds.
For example, retirees or vacationers with summer homes, cabins or short - term rental units in parts of B.C.'s Okanagan Valley or Vancouver Island are still implicitly portrayed by these policies as speculators, despite intentions of long - term ownership (rather than speculative activity such as pre-construction flipping) and despite their contribution to B.C.'s economy in many ways.
U.S. Ownership of Firms in Canada: Issues and Policy Approaches, Canada-U.S. Prospects 3, by Steven Globerman.
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