Sentences with phrase «option under term plan»
If you have financial plans which can only be fulfilled with a continuous monthly income like education of your child, then always go for a staggered payment option under term plan.
https://www.comparepolicy.com/ Not exact matches
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.
Long - term compensation, generally in the form of stock option grants under our Long - Term Incentive Compensation Plan (LTICP), to reward named executives for contributions to growth in stockholder value over the long tterm compensation, generally in the form of stock option grants under our Long - Term Incentive Compensation Plan (LTICP), to reward named executives for contributions to growth in stockholder value over the long tTerm Incentive Compensation Plan (LTICP), to reward named executives for contributions to growth in stockholder value over the long termterm;
All options and restricted shares awarded under our equity plans are also subject to a double - trigger accelerated vesting condition under the terms of our equity award letters, which provides for an acceleration of the vesting schedule if the associate is terminated without cause or resigns for good reason (as defined by the applicable equity plan) within the one - year period following a change in control (as defined by the applicable equity plan).
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.
Notwithstanding the authority of the committee under the Plan, except in connection with any corporate transaction involving Walmart, the terms of outstanding plan awards may not be amended to reduce the exercise price of outstanding stock options or stock appreciation rights or cancel outstanding stock options or stock appreciation rights in exchange for cash, other plan awards or stock options or stock appreciation rights with an exercise price that is less than the exercise price of the original stock options or stock appreciation rights without the prior approval of Walmart stockholdPlan, except in connection with any corporate transaction involving Walmart, the terms of outstanding plan awards may not be amended to reduce the exercise price of outstanding stock options or stock appreciation rights or cancel outstanding stock options or stock appreciation rights in exchange for cash, other plan awards or stock options or stock appreciation rights with an exercise price that is less than the exercise price of the original stock options or stock appreciation rights without the prior approval of Walmart stockholdplan awards may not be amended to reduce the exercise price of outstanding stock options or stock appreciation rights or cancel outstanding stock options or stock appreciation rights in exchange for cash, other plan awards or stock options or stock appreciation rights with an exercise price that is less than the exercise price of the original stock options or stock appreciation rights without the prior approval of Walmart stockholdplan awards or stock options or stock appreciation rights with an exercise price that is less than the exercise price of the original stock options or stock appreciation rights without the prior approval of Walmart stockholders.
And while federal loans come with their own set of challenges and risks, all 1.37 million private loan borrowers are often subject to fewer protections and less flexible repayment plans than those offered under federal loan agreements.Less accommodating repayment options and more rigid terms can quickly lead to private student loan defaults, which is a dangerous financial place to be.
However, any outstanding stock options and RSUs granted under the 2007 Plan will remain outstanding, subject to the terms of our 2007 Plan and applicable award agreements, until such shares are issued under those awards (by exercise of stock options or settlement of RSUs) or until the awards terminate or expire by their terms.
Stock options and RSUs granted under the 2007 Plan generally have terms similar to those described below with respect to stock options and RSUs granted under our 2015 Plan.
Incentives in the form of shares are provided to employees under a share option plan, long term incentive plan and deferred share bonus plan.
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.
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 PractiPlan 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 Practiplan; (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 Practiplan, program or arrangement sponsored by HP or its affiliates that are consistent with Company Practices.
The following table provides information on awards granted under the PfR Plan for fiscal 2011 and awards of stock options, performance - contingent stock options («PCSOs»), restricted stock awards, PRUs, RSUs, SIPRUs and SRRSUs granted as part of fiscal 2011 long - term incentive compensation:
The vesting of all outstanding stock options under the Long - Term Equity Incentive Plan, including those held by our named executive officers, will accelerate if:
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
Under the terms of the agreement struck when plans were first drawn up, the club have until the end of this month to take up the option of the 999 - year lease they agreed with the city council for land in Stanley Park.
If you are having a short - term problem making debt payments and you can afford the monthly payment under a debt management plan, credit counseling may be a better option for you.
And while federal loans come with their own set of challenges and risks, all 1.37 million private loan borrowers are often subject to fewer protections and less flexible repayment plans than those offered under federal loan agreements.Less accommodating repayment options and more rigid terms can quickly lead to private student loan defaults, which is a dangerous financial place to be.
If deferment or forbearance is an option under the terms of your private student loans, you will need to talk directly to your student loan servicer — not the lender — to discuss applying for these plans.
We currently have a long - term equity incentive plan: the 2012 Stock Purchase and Option Plan of Blue Buffalo Pet Products, Inc., or the 2012 Plan, which is described below under the heading «-- Equity Compensation and Stock Purchase Plans.&raplan: the 2012 Stock Purchase and Option Plan of Blue Buffalo Pet Products, Inc., or the 2012 Plan, which is described below under the heading «-- Equity Compensation and Stock Purchase Plans.&raPlan of Blue Buffalo Pet Products, Inc., or the 2012 Plan, which is described below under the heading «-- Equity Compensation and Stock Purchase Plans.&raPlan, which is described below under the heading «-- Equity Compensation and Stock Purchase Plans.»
The submission of this Lease by Landlord, its broker, agent or representative, for examination or execution by Tenant, does not constitute an option or offer to lease the Premises upon the terms and conditions contained herein or a reservation of the Premises in favor of Tenant; it being intended hereby that notwithstanding the preparation of space plans and / or tenant improvements plans, etc., and / or the expenditure by Tenant of time and / or money while engaged in negotiations in anticipation of it becoming the Tenant under this Lease, or Tenants forbearing pursuit of other leasing opportunities, or even Tenants execution of this Lease and submission of same to Landlord, that this Lease shall become effective and binding upon Landlord only upon the execution hereof by Landlord and its delivery of a fully executed counterpart hereof to Tenant.
Income Plus Option — under this HDFC term insurance plan, the entire death benefit which is the chosen Sum Assured is paid out in case of death of the life insured.
Premiums can be paid either in a lump sum at the commencement of this HDFC term insurance plan under the Single Premium plan option or regularly for the entire duration of the term under the Regular Premium plan options.
Moreover, the facility of paying premiums for a limited term which is lower than the entire term of the plan is also available under the Limited Premium Plan optplan is also available under the Limited Premium Plan optPlan options
Premiums can either be paid in lump sum at commencement under the single premium plan option or regularly for the entire duration of the term under the regular premium plan option in this HDFC term plan.
Life option — under this HDFC term insurance plan, the death benefit is paid in lump sum in case of unfortunate death of the life insured
Income Option — under this HDFC term insurance plan, 10 % of the Sum Assured is paid in lump sum immediately on death of the life insured.
In the cash payout option, each year after the premium payment term the declared bonus is paid to the policyholder under the plan.
The insured has an option to opt for both basic cover as well the income protection cover under this Future Generali Life Insurance term plan.
The facility to pay premiums for a limited term, lower than the overall term is also available under limited premium plan option
For consumers in the Medicaid gap, term insurance is a much less expensive option than Obamacare, even though term insurance is not considered to be a qualified health plan under the Affordable Care Act.
There are 2 plan option of Plan A and Plan B where 100 % of the premiums paid are returned under Plan A and 110 % to 150 % of premiums returned is paid under Plan B depending on the term chplan option of Plan A and Plan B where 100 % of the premiums paid are returned under Plan A and 110 % to 150 % of premiums returned is paid under Plan B depending on the term chPlan A and Plan B where 100 % of the premiums paid are returned under Plan A and 110 % to 150 % of premiums returned is paid under Plan B depending on the term chPlan B where 100 % of the premiums paid are returned under Plan A and 110 % to 150 % of premiums returned is paid under Plan B depending on the term chPlan A and 110 % to 150 % of premiums returned is paid under Plan B depending on the term chPlan B depending on the term chosen
Life insurance offers a range of options to choose from - investments under a unit - linked plan, funds for child's education / marriage under a child plan, regular income under a pension plan, death benefits under a term plan, etc..
Where plan option is «Savings Plus», if the Life Assured is diagnosed to be suffering from any of the 35 Critical Illnesses, all future premiums that would otherwise have been payable under the base policy shall be waived for the remainder of the premium payment term
In some cases of pure term plan, if you decide to pay all the premiums under one single pay premium or limited premium payment option, you will be eligible for a surrender value.
Mahesh, aged 30 years, opts for Reliance Nippon Life Smart Savings Insurance Plan with annual premium of Rs. 1,00,000 under regular pay option with a policy term of 30 years along with a life insurance cover of Rs 15,00,000 (For entry age less than 45 years, calculated as higher of (i) 10 times of annualised premium or (ii)(Policy term divided by 2) times the annualised premium.
Under MetLife Mera Term Plan (MMTP), one can get various benefits as per options selected.
Under the regular pay option you can pay for the entire duration of the term plan.
The different plans offered under LIC Senior Citizen Pension Scheme precisely work for the favor of pensioner and efficiently provides them long term saving option.
You have the option to change your premium paying term at any time subject to the minimum and maximum premium paying term allowed under the plan, provided all due regular and limited premium till the date of such request are paid
Under the single life option of the plan, the Sum Assured is paid to the nominee in case of death of the policyholder during the term of the plan
Free Look Period: If the policyholder feels that he is not happy with the insurance coverage and the benefits provided under it or the policy terms and conditions, then he has the option to cancel his plan within 15 days of receiving the policy documents, given that no claims have been done yet.
Increasing Term Assurance — an option under which the Sum Assured chosen at the time of inception of the SBI term insurance policy increases every year @ 5 % and on death of the insured during the SBI term insurance plan tenure, the Sum Assured as on the date of death is paid to the nomTerm Assurance — an option under which the Sum Assured chosen at the time of inception of the SBI term insurance policy increases every year @ 5 % and on death of the insured during the SBI term insurance plan tenure, the Sum Assured as on the date of death is paid to the nomterm insurance policy increases every year @ 5 % and on death of the insured during the SBI term insurance plan tenure, the Sum Assured as on the date of death is paid to the nomterm insurance plan tenure, the Sum Assured as on the date of death is paid to the nominee
Premiums under the plan are payable for a limited term under the Limited Pay option of premium payment
Affording a good coverage under other types of insurance plans is an expensive affair and so term plans prove useful by granting a sufficient cover option at very low premium rates, something which can be easily afforded by the customer.
Under Option A which is Life Protection, the nominee gets the Sum Assured in case of pre-mature death of the insured during the term of the plan.
The spouse can also be covered under the plan under joint life option either since inception or during the term under the Life Partner Benefit
Decreasing Term Assurance (Family Income Protection)-- an option under which the Sum Assured decreases every year and on the death of the insured during the SBI term insurance plan tenure, the applicable Sum Assured as on the date of death is paid to the nomTerm Assurance (Family Income Protection)-- an option under which the Sum Assured decreases every year and on the death of the insured during the SBI term insurance plan tenure, the applicable Sum Assured as on the date of death is paid to the nomterm insurance plan tenure, the applicable Sum Assured as on the date of death is paid to the nominee
Policy term options of 20 years and 25 years and premium payment term options of 10 years and 15 years are offered under the plan
Life Option: This is an online term plan option under Click 2 Protect 3D Plus, wherein if the life assured dies during the policy term or he / she is diagnosed with any of the mentioned Terminal Illness, the nominee receives the death beOption: This is an online term plan option under Click 2 Protect 3D Plus, wherein if the life assured dies during the policy term or he / she is diagnosed with any of the mentioned Terminal Illness, the nominee receives the death beoption under Click 2 Protect 3D Plus, wherein if the life assured dies during the policy term or he / she is diagnosed with any of the mentioned Terminal Illness, the nominee receives the death benefit.