Sentences with phrase «plans granted immediate»

In the Vanguard study, 47 percent of plans granted immediate ownership of employer contributions, 30 percent of plans gradually granted ownership over a five - to six - year period, and 10 percent had a three - year cliff vesting waiting period.

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.

In addition, she said the president's plan to nix federal TIGER grants will produce a more immediate impact on the DL&W extension, planned for implementation within the next few years.

For immediate release Contact: Sharon Rubinstein, 212-870-3505, ext. 8, cell 703-901-7947, [email protected] Teaching Matters Awarded $ 120,000 to Begin «Early Reading Matters» Program (New York, NY)- December 9, 2013 The Brooke Astor Fund for New York City Education has awarded Teaching Matters a $ 120,000 planning grant to develop a new K - 3 early education component of its...

Lawyers for the U.S. Chamber Litigation Center filed one of several requests for an immediate stay of the final Clean Power Plan, which the Supreme Court granted in 2016.

You are not granting credit, but rather identifying poor fiscal habits such as living beyond one's means or racking up unnecessary debt with no immediate plan of repayment.