Annuity for Specified Number of Years Sample Clauses

Annuity for Specified Number of Years. Payments will be made for a specified number of years, which may not be less than 5 or more than 30 (must not exceed the maximum period certain permitted under federal law). If the Annuitant dies prior to the end of the guaranteed period, payments will continue to be paid to the designated beneficiary(ies) until the end of the guaranteed period.
Sample 1Sample 2
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Annuity for Specified Number of Years. Variable Life Annuity and Option 3 - Variable Life Annuity with Payments Guaranteed for 10 or 20 Years ------------------------------------------------------------------------------------------------------------------------------------ Life 10 Years 20 Years Age Annuity Guaranteed Guaranteed ------------------------------------------------------------------------------------------------------------------------------------ 50 4.68 4.64 4.53 51 4.75 4.71 4.58 52 4.82 4.78 4.64 53 4.90 4.85 4.69 54 4.98 4.92 4.75 55 5.06 5.00 4.81 56 5.15 5.08 4.87 57 5.25 5.17 4.93 58 5.35 5.27 4.99 59 5.46 5.36 5.06 60 5.58 5.47 5.12 61 5.71 5.58 5.19 62 5.84 5.69 5.25 63 5.98 5.81 5.31 64 6.14 5.94 5.38 65 6.30 6.07 5.44 66 6.48 6.21 5.50 67 6.66 6.36 5.56 68 6.86 6.51 5.61 69 7.08 6.67 5.66 70 7.31 6.83 5.71 71 7.56 7.00 5.75 72 7.83 7.17 5.79 73 8.12 7.35 5.83 74 8.43 7.53 5.86 75 8.77 7.72 5.89 76 9.13 7.90 5.91 77 9.52 8.08 5.93 78 9.94 8.26 5.95 79 10.40 8.44 5.96 80 10.88 8.61 5.97 81 11.41 8.77 5.98 82 11.98 8.93 5.99 83 12.58 9.07 5.99 84 13.23 9.20 5.99 85 13.92 9.33 6.00 Option 4 - Variable Joint and Survivor Life Annuity -------------------------------------------------------------------------------- Age 50 55 60 65 70 75 80 85 Age 50 4.21 4.31 4.41 4.49 4.55 4.60 4.63 4.65 50 55 4.31 4.47 4.61 4.74 4.84 4.92 4.98 5.01 55 60 4.41 4.61 4.82 5.02 5.19 5.32 5.42 5.49 60 65 4.49 4.74 5.02 5.30 5.58 5.81 5.99 6.12 65 70 4.55 4.84 5.19 5.58 5.98 6.37 6.69 6.93 70 75 4.60 4.92 5.32 5.81 6.37 6.95 7.50 7.95 75 80 4.63 4.98 5.42 5.99 6.69 7.50 8.36 9.14 80 85 4.65 5.01 5.49 6.12 6.93 7.95 9.14 10.37 85 s Section 6 - Fixed Account Provisions A002760P
Sample 1

Related to Annuity for Specified Number of Years

  • Six Month Delay for Specified Employees If any payment, compensation or other benefit provided to the Executive in connection with his employment termination is determined, in whole or in part, to constitute “nonqualified deferred compensation” within the meaning of Section 409A and the Executive is a “specified employee” as defined in Section 409A, no part of such payments shall be paid before the day that is six months plus one day after the Executive’s date of termination or, if earlier, the Executive’s death (the “New Payment Date”). The aggregate of any payments that otherwise would have been paid to the Executive during the period between the date of termination and the New Payment Date shall be paid to the Executive in a lump sum on such New Payment Date. Thereafter, any payments that remain outstanding as of the day immediately following the New Payment Date shall be paid without delay over the time period originally scheduled, in accordance with the terms of this Agreement.

  • Automatic Renewal Limitation for TIPS Sales No TIPS Sale may incorporate an automatic renewal clause that exceeds month to month terms with which the TIPS Member must comply. All renewal terms incorporated into a TIPS Sale Supplemental Agreement shall only be valid and enforceable when Vendor received written confirmation of acceptance of the renewal term from the TIPS Member for the specific renewal term. The purpose of this clause is to avoid a TIPS Member inadvertently renewing an Agreement during a period in which the governing body of the TIPS Member has not properly appropriated and budgeted the funds to satisfy the Agreement renewal. Any TIPS Sale Supplemental Agreement containing an “Automatic Renewal” clause that conflicts with these terms is rendered void and unenforceable.

  • Venue Limitation for TIPS Sales Vendor agrees that if any "Venue" provision is included in any TIPS Sale Agreement/contract between Vendor and a TIPS Member, that clause must provide that the "Venue" for any litigation or alternative dispute resolution shall be in the state and county where the TIPS Member operates unless the TIPS Member expressly agrees otherwise. Any TIPS Sale Supplemental Agreement containing a “Venue” clause that conflicts with these terms is rendered void and unenforceable.

  • Termination for Market Change (a) In the event of delay or interruption under B8.33, exceeding 90 days, and Contract has not been modified to include replacement timber, this contract may be terminated upon election and written notice by Purchaser, if (i) a rate redetermination for market change under B3.33 shows that the appraised weighted average Indicated Advertised Rate of all Included Timber remaining immediately prior to the delay or interruption has been reduced through a market change by an amount equal to or more than the the weighted average Current Contract Rate, or (ii) the appraised value of the remaining timber is insufficient to cover the adjusted base rates as determined under B3.33.

  • Increment Date for Salary Grid Placement Upon achieving one (1) year of experience, an increment shall be awarded on the first of the month following the month in which the experience accumulation is earned.

  • Adjustment of Minimum Quarterly Distribution and Target Distribution Levels (a) The Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution, Third Target Distribution, Common Unit Arrearages and Cumulative Common Unit Arrearages shall be proportionately adjusted in the event of any distribution, combination or subdivision (whether effected by a distribution payable in Units or otherwise) of Units or other Partnership Securities in accordance with Section 5.10. In the event of a distribution of Available Cash that is deemed to be from Capital Surplus, the then applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall be adjusted proportionately downward to equal the product obtained by multiplying the otherwise applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, as the case may be, by a fraction of which the numerator is the Unrecovered Capital of the Common Units immediately after giving effect to such distribution and of which the denominator is the Unrecovered Capital of the Common Units immediately prior to giving effect to such distribution. (b) The Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall also be subject to adjustment pursuant to Section 6.9.

  • Dollar Limits Per Service Agreement Cost to diagnose, repair and/or replace - Per covered appliance $3,000

  • Certificate of Adjusted Exercise Price or Number of Shares Whenever an adjustment is made as provided in Sections 11 and 13 hereof, the Company shall promptly (a) prepare a certificate setting forth such adjustment and a brief statement of the facts accounting for such adjustment, (b) file with the Rights Agent and with each transfer agent for the Preferred Shares a copy of such certificate and (c) mail a brief summary thereof to each holder of a Rights Certificate in accordance with Section 26 hereof. Notwithstanding the foregoing sentence, the failure of the Company to make such certification or give such notice shall not affect the validity of such adjustment or the force or effect of the requirement for such adjustment. The Rights Agent shall be fully protected in relying on any such certificate and on any adjustment contained therein and shall not be deemed to have knowledge of such adjustment unless and until it shall have received such certificate.

  • Are There Penalties for Early Distribution from a Xxxx XXX As indicated above, earnings on your contributions, as well as amounts contributed to a Xxxx XXX as a rollover from a Traditional IRA, that are distributed before certain events are subject to various taxes. Please see IRS Publication 590 for further information about Xxxx XXX rules and restrictions.

  • Adjustments to Number of Shares The number of shares of Common Stock subject to this Option shall be adjusted to take into account any stock splits, stock dividends, recapitalization of the Common Stock as provided in the Stock Option Plan.

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