If you choose not to offer the Personal Income Benefit investment option, participants can still elect one of the available distribution
options under the plan.
There are two death benefit
options under the plan.
Being an ULIP investor, you are allowed to change the investment
options under your plan.
The death benefit
option under the plan is flexible and can be taken in lump sum, as monthly instalments or in a combination of both.
Nevertheless, it is important for both you and your spouse to know
your options under the plan subject to division, so that the alternate payee spouse can be privy to the benefits that he / she is entitled to upon the plan's division.
Not exact matches
Consists of (i) 9,809,637 shares of Class C capital stock to be issued upon exercise of outstanding stock
options and vesting of outstanding GSUs that were distributed as a dividend to the issued and outstanding Class A stock
options and GSUs in April 2014 in connection with the Stock Split; and (ii) 11,913,110 shares of Class C capital stock to be issued upon conversion of GSUs that were granted
under our 2012 Stock
Plan during 2014.
Awards granted
under the 2007 Equity Incentive
Plan may consist of incentive stock
options, non-qualified stock
options, stock appreciation rights (SAR), restricted stock grants, and restricted stock units (RSU).
Shares that are exchanged by a participant or withheld by Apple to pay the exercise price of an
option or stock appreciation right granted
under the 2014
Plan, as well as any shares exchanged or withheld to satisfy the tax withholding obligations related to any
option or stock appreciation right, will not be available for subsequent awards
under the 2014
Plan.
This number is calculated using the share counting rules described in Sections 5 (a) and 5 (b) of the 2014
Plan and includes the number of shares available for new award grants
under the 2014
Plan out of the 385 million shares authorized by shareholders upon adoption of the 2014
Plan; the number of shares available for new award grants
under the 2003 Employee Stock
Plan (the «2003
Plan») on the date that shareholders approved the 2014
Plan; the number of shares subject to outstanding stock
options under the 2003
Plan and 2014
Plan as of November 17, 2015; and two times the number of shares subject to outstanding RSUs
under the 2003
Plan and 2014
Plan as of November 17, 2015 (all adjusted for the 7 - for - 1 stock split).
Except as described below, awards
under the 2014
Plan generally are not transferable by the recipient other than by will or the laws of descent and distribution, and stock
options and stock appreciation rights are generally exercisable, during the recipient's lifetime, only by the recipient.
In no case, except due to an adjustment to reflect a stock split or other event referred to
under «Adjustments» below, and except for any repricing that may be approved by shareholders, will the
plan administrator (1) amend an outstanding stock
option or stock appreciation right to reduce the exercise price or base price of the award, (2) cancel, exchange, or surrender an outstanding stock
option or stock appreciation right in exchange for cash or other awards for the purpose of repricing the award, (3) cancel, exchange, or surrender an outstanding stock
option or stock appreciation right in exchange for an
option or stock appreciation right with an exercise or base price that is less than the exercise or base price of the original award, or (4) take any other action that is treated as a repricing
under U.S. generally accepted accounting principles.
«
Option» means an ISO or NSO granted
under the
Plan entitling the Participant to purchase Shares upon satisfaction of the conditions contained in the
Plan and the applicable Award Agreement.
Consists of shares of Class C capital stock to be issued upon exercise of outstanding stock
options and vesting of outstanding GSUs that were distributed as a dividend to the issued and outstanding Class A stock
options and GSUs in April 2014 in connection with the Stock Split
under the following
plans which have been assumed by us in connection with certain of our acquisition transactions: the 2005 Stock Incentive
Plan assumed by us in connection with our acquisition of DoubleClick Inc. in March 2008; the 2006 Stock
Plan assumed by us in connection with our acquisition of AdMob, Inc. in May 2010; and the Motorola Mobility Holdings, Inc. 2011 Incentive Compensation
Plan assumed by us in connection with our acquisition of Motorola Mobility Holdings, Inc. in May 2012.
Consists of shares of Class A common stock to be issued upon exercise of outstanding stock
options and vesting of outstanding restricted stock units
under the following
plans which have been assumed by us in connection with certain of our acquisition transactions: the 2005 Stock Incentive
Plan assumed by us in connection with our acquisition of DoubleClick Inc. in March 2008; the 2006 Stock
Plan assumed by us in connection with our acquisition of AdMob, Inc. in May 2010; and the Motorola Mobility Holdings, Inc. 2011 Incentive Compensation
Plan assumed by us in connection with our acquisition of Motorola Mobility Holdings, Inc. in May 2012.
Shares issued with respect to awards granted
under the 2014
Plan other than stock
options or stock appreciation rights are counted against the 2014
Plan's aggregate share limit as two shares for every one share actually issued in connection with the award.
Shares issued in respect of awards other than stock
options and stock appreciation rights granted
under the 2014
Plan and the Director Plan count against the shares available for grant under the applicable plan as two shares for every share gran
Plan and the Director
Plan count against the shares available for grant under the applicable plan as two shares for every share gran
Plan count against the shares available for grant
under the applicable
plan as two shares for every share gran
plan as two shares for every share granted.
Any such shares subject to awards other than stock
options and stock appreciation rights granted
under either such
Plan will become available taking into account the 2:1 premium share counting rule applicable at the time of granting these types of awards.
Awards may be granted
under the
Plan in substitution for or in connection with an assumption of employee, director and / or consultant stock
options, stock appreciation rights, restricted stock or other stock - based awards granted by other entities to persons who are or who will become Employees or Consultants in respect of the Company or one of its Subsidiaries in connection with a
However, Shares used to pay the exercise price or purchase price of an
option or stock appreciation right or to satisfy tax withholding obligations relating to such awards do not become available for future issuance
under the 2013
Plan.
Any Shares subject to Awards granted
under the
Plan other than
Options or Stock Appreciation Rights shall be counted against the numerical limits of this Section 3 as two and fifteen - one hundredths (2.15) Shares for every one (1) Share subject thereto and shall be counted as two and fifteen - one hundredths (2.15) Shares for every one (1) Share returned to or deemed not issued from the
Plan pursuant to this Section 3.
You must make the repayment
plan under one of the following
options:
From January 1, 2008 through December 31, 2010, the Registrant granted to its employees, consultants and other service providers
options to purchase an aggregate of 12,566,833 shares of common stock
under the Registrant's Amended and Restated 2003 Stock Incentive
Plan, or the 2003
Plan, at exercise prices ranging from $ 1.50 to $ 14.46 per share, which includes
options to purchase shares of common stock that were repriced on a one - for - one basis to $ 2.32 per share in February 2009.
As of March 31, 2018, equity awards outstanding
under Salesforce equity
plans were approximately: 24,905,926 stock
options, no unvested restricted shares, 23,871,234 restricted stock units and 806,427 performance - based restricted stock units.
From January 1, 2008 through December 31, 2010, the Registrant granted to certain executive officers, directors and other investors
options and rights to purchase an aggregate of 8,196,662 shares of common stock
under the 2003
Plan at exercise prices ranging from $ 2.00 to $ 6.20 per share, which includes
options to purchase shares of common stock that were repriced on a one - for - one basis to $ 2.32 per share in February 2009.
(a) Schedule 2.7 (a) of the Disclosure Schedule contains a list setting forth each employee benefit
plan, program, policy or arrangement (including any «employee benefit plan» as defined in Section 3 (3) of the Employee Retirement Income Security Act of 1974, as amended («ERISA»)(«ERISA Plan»)-RRB-, including, without limitation, employee pension benefit plans, as defined in Section 3 (2) of ERISA, multi-employer plans, as defined in Section 3 (37) of ERISA, employee welfare benefit plans, as defined in Section 3 (1) of ERISA, deferred compensation plans, stock option plans, bonus plans, stock purchase plans, fringe benefit plans, life, hospitalization, disability and other insurance plans, severance or termination pay plans and policies, sick pay plans and vacation plans or arrangements, whether or not an ERISA Plan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obligat
plan, program, policy or arrangement (including any «employee benefit
plan» as defined in Section 3 (3) of the Employee Retirement Income Security Act of 1974, as amended («ERISA»)(«ERISA Plan»)-RRB-, including, without limitation, employee pension benefit plans, as defined in Section 3 (2) of ERISA, multi-employer plans, as defined in Section 3 (37) of ERISA, employee welfare benefit plans, as defined in Section 3 (1) of ERISA, deferred compensation plans, stock option plans, bonus plans, stock purchase plans, fringe benefit plans, life, hospitalization, disability and other insurance plans, severance or termination pay plans and policies, sick pay plans and vacation plans or arrangements, whether or not an ERISA Plan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obligat
plan» as defined in Section 3 (3) of the Employee Retirement Income Security Act of 1974, as amended («ERISA»)(«ERISA
Plan»)-RRB-, including, without limitation, employee pension benefit plans, as defined in Section 3 (2) of ERISA, multi-employer plans, as defined in Section 3 (37) of ERISA, employee welfare benefit plans, as defined in Section 3 (1) of ERISA, deferred compensation plans, stock option plans, bonus plans, stock purchase plans, fringe benefit plans, life, hospitalization, disability and other insurance plans, severance or termination pay plans and policies, sick pay plans and vacation plans or arrangements, whether or not an ERISA Plan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obligat
Plan»)-RRB-, including, without limitation, employee pension benefit
plans, as defined in Section 3 (2) of ERISA, multi-employer
plans, as defined in Section 3 (37) of ERISA, employee welfare benefit
plans, as defined in Section 3 (1) of ERISA, deferred compensation
plans, stock
option plans, bonus
plans, stock purchase
plans, fringe benefit
plans, life, hospitalization, disability and other insurance
plans, severance or termination pay
plans and policies, sick pay
plans and vacation
plans or arrangements, whether or not an ERISA
Plan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obligat
Plan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written,
under which (i) any current or former employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obligation.
(d) «Award» means, individually or collectively, a grant
under the
Plan of
Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Performance Bonus Awards, Performance Units or Performance Shares.
We award cash compensation to our NEOs in the form of base salaries and annual cash incentives
under our Kokua Bonus
Plan, and we award equity compensation in the form of stock
options, restricted stock units («RSUs») and PRSUs.
Shares used to pay the purchase price or satisfy tax withholding obligations of awards other than stock
options or stock appreciation rights become available for future issuance
under the 2013
Plan.
forfeited to or repurchased due to failure to vest, the unpurchased shares (or for awards other than stock
options or stock appreciation rights, the forfeited or repurchased shares) will become available for future grant or sale
under the 2015
Plan.
Participants have no direct interest in any of the earnings
options and are general unsecured creditors of Wells Fargo with respect to their deferred compensation benefits
under the
plan.
repurchased by us due to failure to vest, the unissued shares (or for awards other than stock
options or stock appreciation rights, the forfeited or repurchased shares) will become available for future grant or sale
under the 2015
Plan.
The company considers any stock held without restrictions, unvested restricted stock units and PRSUs, vested but unexercised in - the - money stock
options, deferred compensation that will settle in common stock and common stock held
under the company's 401 (k)
plan in determining whether the stock ownership guidelines have been met.
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.
2,816,100 shares of our Class A common stock issuable upon the exercise of
options to purchase shares of our Class A common stock granted after September 30, 2015
under our 2015 Equity Incentive
Plan, with an exercise price per share equal to the public offering price set forth on the cover page of the final prospectus for this offering;
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 term;
In order to be eligible for this
option, you must make payments
under an income - driven
plan or make three consecutive payments on the loan before you apply for consolidation.
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).
Awards granted
under the
Plan may be Nonstatutory Stock
Options (NSOs), Incentive Stock
Options (ISOs), Stock Appreciation Rights (SARs), Restricted Stock, or Restricted Stock Units (RSUs), as determined by the Administrator at the time of grant.
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.
While
options and stock appreciation rights are not currently being granted
under the Stock Incentive
Plan, the 2015 Stock Incentive
Plan allows the committee to grant both non-qualified and incentive stock
options, as well as stock appreciation rights.
exercise price of $ 3.70 per share (which excludes 5,187,290 restricted shares issued
under the 2011 Stock
Option and Grant
Plan);
In such event, the committee may adjust the number and type of Shares available
under the 2015
Plan or subject to outstanding grants and, subject to various limits in the 2015 Stock Incentive
Plan, the exercise price of outstanding stock
options and other awards.
As of March 31, 2015,
options to purchase 1,353,659 Shares were outstanding
under the 2010 Stock Incentive
Plan and predecessor
plans, with an average exercise price of $ 47.87 per Share, all of which expire no later than April 1, 2024.
Under the 2004
Plan, the Committee may grant nonstatutory and incentive stock
options.
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 stockhold
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 stockhold
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 stockhold
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 stockholders.
Stock
options and stock appreciation rights with respect to no more than 8,000,000 shares of our common stock may be granted to any one individual in any one calendar year and the maximum «performance - based award» payable to any one individual
under the 2014
Plan is 8,000,000 shares of stock or $ 5 million in the case of cash - based awards.
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.
As a result, we will not grant any additional stock
options under the 2007
Plan following that date, and the 2007
Plan will terminate at that time.
shares by which the share reserve may increase automatically each year, (3) the class and maximum number of shares that may be issued on the exercise of incentive stock
options, (4) the class and maximum number of shares subject to stock awards that can be granted in a calendar year (as established
under the 2017
Plan under Section 162 (m) of the Code), and (5) the class and number of shares and exercise price, strike price, or purchase price, if applicable, of all outstanding stock awards.
If an Award expires or becomes unexercisable without having been exercised in full, is surrendered pursuant to an Exchange Program, or, with respect to Restricted Stock, Restricted Stock Units, Performance Units or Performance Shares, is forfeited to or repurchased by the Company due to failure to vest, the unpurchased Shares (or for Awards other than
Options or Stock Appreciation Rights the forfeited or repurchased Shares), which were subject thereto will become available for future grant or sale
under the
Plan (unless the
Plan has terminated).