INCOME PROGRAM Sample Clauses

INCOME PROGRAM. REINSURANCE PREMIUM (BASIS INCOME PROGRAM PRODUCTS COVERED POINTS) -------------- ---------------- ---------------- GMIB All Products sold prior to 35 February 15, 2003 GMIB and GMIB II Plan codes 125080, 125090, 125180, 45 125190, 1250A0, 1250A1, 1250B0, 1250B1, 1250C0, 1250C1, 1250D0, 1250D1, 1250E0, 1250E1, 1250F0, 1250F1, 1250L0, 1250L1, 1250P0, 1250P1, 1251A0, 1251B0, 1251F0, and 1251P0 sold after April 30, 2003 and before May 1, 2005 if GMDB program is Annual Step or Max of Annual Step and Rollup GMIB and GMIB II All other Products sold after 50 February 14, 2003 and before May 1, 2005 and for All Products sold after April 30,2005 GMIB Plus: Forms All Products sold after April 30, 75 NEL-560-2 and NL-560-4 2005 and before February 26, 2007. GMIB Plus: Forms All Products sold on or after 80 NEL-560-2 and NL-560-4 February 26, 2007 and on or before February 20, 2009. GMIB Plus: Forms All Products sold after 100 NEL-560-2 and NL-560-4 February 20, 2009. GMIB Plus: Form All Products sold on or before 75 NL-560-5 (7/08) February 20, 2009 GMIB Plus: Form All Products sold after 95 NL-560-5 (7/08) February 20, 2009
Sample 1See All (10)
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INCOME PROGRAM. REINSURANCE PREMIUM INCOME PROGRAM PRODUCTS COVERED (BASIS POINTS) ------------------------------- ------------------------------------------------ ------------------- GMIB All Products sold prior to February 15, 35 2003 GMIB and GMIB II Plan codes BN2203, BN22M3, CS5203, 45 CS52M3, CS52R3, CS53MR, LS4203, LS4204, LS42M3, LS42R3, LS42R4, XX00XX, XX0000, XX00X0, XX00X0, XX00X0, and ST13MR sold after April 30, 2003 and before May 1, 2005 if GMDB program is Annual Step-Up or Greater of Annual Step-Up and 5% Rollup GMIB and GMIB II All other Products sold after February 50 14, 2003 and before May 1, 2005 and for All Products sold after April 30,2005 GMIB Plus All Products sold after April 30, 75 2005 and before February 26, 2007. GMIB Plus All Products, except Marquis Portfolio, 80 sold on or after February 26, 2007 and on or before February 20, 2009. GMIB Plus Marquis Portfolio sold on or after May 95 1, 2007 and on or before February 20, 2009 GMIB Plus All Products, except Marquis 100 Portfolio, sold after February 20, 2009. GMIB Plus Marquis Portfolio sold after 115 February 20, 2009
Sample 1See All (8)
INCOME PROGRAM. REINSURANCE PREMIUM INCOME PROGRAM PRODUCTS COVERED (BASIS POINTS) ----------------------------- ------------------------------------------- ------------------- GMIB All Products sold prior to May 1, 2003 35 GMIB & GMIB II Plan codes 225080, 225090, 2250A0, 2250A1, 45 2250B0, 2250B1, 2250C0, 2250C1, 2250D0, 2250D1, 2250E0, 2250E1, 2250L0, 2250L1, 225180, and 2251B0 sold after April 30, 2003 and before May 1, 2005 if GMDB program is Annual Step or Max of Annual Step and Rollup GMIB & GMIB II All other Products sold after April 30, 50 2003 and before May 1, 2005 and for All Products sold after April 30, 2005 GMIB Plus: Forms All Products sold after April 30, 2005 and 75 ML-560-2 and ML-560-4 before February 26, 2007.
Sample 1See All (7)
INCOME PROGRAM. REINSURANCE PREMIUM INCOME PROGRAM PRODUCTS COVERED (BASIS POINTS) ----------------------- ----------------------------------- -------------- GMIB All Products sold prior to 35.00 February 15, 2003 GMIB and GMIB II Plan codes BN2103, CS5103, 45.00 CS51R3, LS4103, LS41R3, LS4104, LS41R4, ST1103, ST11R3, ST11X3, ST1AG4, ST1AR4, and ST1NA4 sold after April 30, 2003 and before May 1, 2005 if GMDB program is Annual Step or Max of Annual Step and Rollup GMIB and GMIB II All other Products sold after 50.00 February 14, 2003 and before May 1, 2005 and for All Products sold after April 30, 2005 GMIB Plus All Products sold after 75.00 April 30, 2005
Sample 1See All (7)
INCOME PROGRAM. REINSURANCE PREMIUM INCOME PROGRAM PRODUCTS COVERED (BASIS POINTS) --------------- ---------------------------------------------------------- ------------------- GMIB All Products issued prior to February 15, 2003 35.00 GMIB Plan codes BN2103, BN21M3, CS5103, CS51M3, XX00X0, XX00X0, 45.00 LS4103, LS4104, LS41M3, LS41R3, XX00X0, XX00X0, ST1103, ST11M3, ST11R3, ST11X3, ST13R3, ST1AG4, ST1AR4, and ST1NA4 sold after April 30, 2003 and before May 1, 2005 if GMDB program is Annual Step or Max of Annual Step and Rollup GMIB All other Products issued after February 14, 2003 and 50.00 before May 1, 2005 and for All Products sold after April 30, 2005 GMIB Plus All Products, except Marquis Portfolio, sold on or before 75.00 February 20, 2009 GMIB Plus All Products, except Marquis Portfolio, sold after 95.00 February 20, 2009 GMIB Plus Marquis Portfolio sold on or before February 20, 2009 90.00 GMIB Plus Marquis Portfolio sold after February 20, 2009 110.00
Sample 1See All (6)
INCOME PROGRAM. REINSURANCE PREMIUM INCOME PROGRAM PRODUCTS COVERED (BASIS POINTS) ------------------------------ ------------------------------------------ -------------------- GMIB All Products sold prior to 35 February 15, 2003 GMIB and GMIB II Plan codes BN2103, CS5103, CS51R3, 45 LS4103, LS41R3, LS4104, LS41R4, ST1103, ST11R3, ST11X3, ST1AG4, ST1AR4, and ST1NA4 sold after April 30, 2003 and before May 1, 2005 if GMDB program is Annual Step or Max of Annual Step and Rollup GMIB and GMIB II All other Products sold after February 14, 50 2003 and before May 1, 2005 and for All Products sold after April 30,2005 GMIB Plus I All Products sold after April 30, 2005 and 75 before February 26, 2007, for which the contract's Income Base is not increased due to an Annual Step-Up on a contract anniversary occurring on July 1, 2012 or later. GMIB Plus I All Products sold after April 30, 2005 and 100 before February 26, 2007, for which the contract's Income Base is increased due to an Annual Step-Up on a contract anniversary occurring on July 1, 2012 or later. GMIB Plus I and All Products sold on or after February 26, 80 GMIB Plus II 2007 and on or before February 20, 2009, for which the contract's Income Base is not increased due to an Annual Step-Up on a contract anniversary occurring on July 1, 2012 or later. GMIB Plus I and All Products sold on or after February 26, 120 GMIB Plus II 2007 and on or before February 20, 2009, for which the contract's Income Base is increased due to an Annual Step-Up on a contract anniversary occurring on July 1, 2012 or later. GMIB Plus I and All Products sold on or after February 20, 100 GMIB Plus II 2009 and before May 4, 2009, for which the contract's Income Base is not increased due to an Annual Step-Up on a contract anniversary occurring on July 1, 2012 or later. GMIB Plus I and All Products sold on or after February 20, 120 GMIB Plus II 2009 and before May 4, 2009, for which the contract's Income Base is increased due to an Annual Step-Up on a contract anniversary occurring on July 1, 2012 or later. GMIB Plus II and All Products sold on or after May 4, 2009. 100 GMIB Plus III
Sample 1See All (4)
INCOME PROGRAM. INCOME PROGRAM PRODUCTS COVERED ISSUE AGES REINSURANCE PREMIUM (BASIS POINTS) ----------------------------------------------------------------------------------------------------- Income Program Rider All Products 0 - 75 xx.xx
Sample 1
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INCOME PROGRAM. REINSURANCE PREMIUM INCOME PROGRAM PRODUCTS COVERED (BASIS POINTS) -------------- ------------------------------ ------------------- Income Program Rider All Products sold prior to 35.00 February 15, 2003 Income Program Rider All Products sold after May 1, 45.00 2003 if GMDB program is Annual Step or Max of Annual Step and Rollup Income Program Rider All other Products sold after 50.00 February 14, 2003
Sample 1
INCOME PROGRAM. REINSURANCE PREMIUM (BASIS INCOME PROGRAM PRODUCTS COVERED POINTS) -------------- ---------------- -------------- GMIB All Products sold prior to February 15, 2003 35 GMIB and GMIB II Plan codes 125080, 125090, 125180, 125190, 45 1250A0, 1250A1, 1250B0, 1250B1, 1250C0, 1250C1, 1250D0, 1250D1, 1250E0, 1250E1, 1250F0, 1250F1, 1250L0, 1250L1, 1250P0, 1250P1, 1251A0, 1251B0, 1251F0, and 1251P0 sold after April 30, 2003 and before May 1, 2005 if GMDB program is Annual Step or Max of Annual Step and Rollup GMIB and GMIB II All other Products sold after February 14, 2003 50 and before May 1, 2005 and for All Products sold after April 30,2005 GMIB Plus: Forms All Products sold after April 30, 2005 and 75 NEL-560-2 and NL-560-4 before February 26, 2007. GMIB Plus: Forms All Products sold on or after February 26, 2007. 80 NEL-560-2 and NL-560-4 GMIB Plus: Form All Products 75 NL-560-5 (7/08) C. WITHDRAWAL PROGRAM REINSURANCE PREMIUM (BASIS WITHDRAWAL PROGRAM PRODUCTS COVERED POINTS) ------------------ ---------------- -------------- Guaranteed Withdrawal Benefit All Products sold before July 16, 2007 50.00 Guaranteed Withdrawal Benefit All Products sold on or after July 16, 2007 55.00 Lifetime GWB - Single Life All Products 50.00 Version Lifetime GWB - Joint Life All Products 70.00 Version Lifetime GWB (2008 Version) - All Products 65.00 Single Life Version Lifetime GWB (2008 Version) - All Products 85.00 Joint Life Version
Sample 1

Related to INCOME PROGRAM

  • Incentive Programs During the Term of Employment, the ------------------ Executive shall be entitled to participate in any annual and long-term incentive programs adopted by the Company and which cover employees in positions comparable to that of the Executive.

  • Program This agreement (the “Agreement”) sets forth the understandings between the Issuer and the Dealer, each named on the cover page hereof, in connection with the issuance and sale by the Issuer of its short-term promissory notes (the “Notes”) through the Dealer. Certain terms used in this Agreement are defined in Section 6 hereof. The Addendum to this Agreement, and any Annexes or Exhibits described in this Agreement or such Addendum, are hereby incorporated into this Agreement and made fully a part hereof.

  • Profit Sharing Plan Under the Northrim BanCorp, Inc. Profit Sharing Plan (the “Plan”), Executive shall be eligible to receive an annual profit share based on performance as defined by the Board of Directors. Executive will be classified in the Executive tier under the Plan’s Responsibility Factors. If Employer is required to prepare an accounting restatement due to “material noncompliance of the Employer,” the Employer will recover from the Executive any incentive compensation during the three (3) years prior to the date of the restatement, in excess of what would have been paid under the restatement. Executive’s signature on this Agreement authorizes Employer to offset or deduct from any compensation Employer may owe Executive, any excess payments (in whole or in part) that Executive may owe Employer due to such restatement(s).

  • Long-Term Incentive Programs The Executive shall be eligible to participate in the Company's long-term incentive compensation programs (including stock options and stock grants).

  • Long-Term Incentive Program During the Term, the Employee shall participate in all long-term incentive plans and programs of the Group that are applicable to its senior executives in accordance with their terms and in a manner consistent with his position with the Company.

  • Investment Program The Subadviser is hereby authorized and directed and hereby agrees, subject to the stated investment objective and policies of the Fund as set forth in the Trust’s current Registration Statement and subject to the supervision of the Adviser and the Board of Trustees of the Trust, to (i) develop and furnish continuously an investment program and strategy for the Fund in compliance with the Fund’s investment objective and policies as set forth in the Trust’s current Registration Statement, (ii) provide research and analysis relative to the investment program and investments of the Fund, (iii) determine (subject to the overall supervision of the Board of Trustees of the Trust) what investments shall be purchased, held, sold or exchanged by the Fund and what portion, if any, of the assets of the Fund shall be held in cash or cash equivalents, and (iv) make changes on behalf of the Trust in the investments of the Fund. In accordance with paragraph 2(ii)(b), the Subadviser shall arrange for the placing of all orders for the purchase and sale of securities and other investments for the Fund’s account and will exercise full discretion and act for the Trust in the same manner and with the same force and effect as the Trust might or could do with respect to such purchases, sales or other transactions, as well as with respect to all other things necessary or incidental to the furtherance or conduct of such purchases, sales or transactions. The Subadviser will make its officers and employees available to meet with the Adviser’s officers and directors on due notice at reasonable times to review the investments and investment program of the Fund in light of current and prospective economic and market conditions. The Subadviser is authorized on behalf of the Fund to enter into agreements and execute any documents required to make investments pursuant to the Prospectus as may be amended from time to time. The Subadviser’s responsibility for providing portfolio management services hereunder shall be limited to only those assets of the Fund which the Adviser determines to allocate to the Subadviser (those assets being referred to as the “Fund Account”), and the Subadviser agrees that it shall not consult with any investment advisor(s) (within the meaning of the 0000 Xxx) to the Fund or any other registered investment company or portfolio series thereof under common control with the Fund concerning transactions for the Fund Account in securities or other assets such that the exemptions under Rule 10f-3, Rule 12d-3 and/or Rule 17a-10 under the 1940 Act would not be available with respect to the Fund. The Subadviser shall exercise voting authority with respect to proxies that the Fund is entitled to vote by virtue of the ownership of assets attributable to that portion of the Fund for which the Subadviser has investment management responsibility; provided that the exercise of such authority shall be subject to periodic review by the Adviser and the Trustees of the Trust; provided, further that such authority may be revoked in whole or in part by the Adviser if required by applicable law. The Subadviser shall exercise its proxy voting authority hereunder in accordance with such proxy voting policies and procedures as the Trust may designate from time to time. The Subadviser shall provide such information relating to its exercise of proxy voting authority hereunder (including the manner in which it has voted proxies and its resolution of conflicts of interest) as reasonably requested by the Adviser from time to time. In the performance of its duties hereunder, the Subadviser is and shall be an independent contractor and except as expressly provided for herein or otherwise expressly provided or authorized shall have no authority to act for or represent the Fund or the Trust in any way or otherwise be deemed to be an agent of the Fund, the Trust or of the Adviser. If any occasion should arise in which the Subadviser gives any advice to its clients concerning the shares of a Fund, the Subadviser will act solely as investment counsel for such clients and not in any way on behalf of the Trust or the Fund.

  • Long-term Incentive Compensation Programs During the Employment Period, the Executive shall participate in all long-term incentive compensation programs (including, without limitation, programs providing for the grant of stock options and other equity-based awards) for key executives at a level that is commensurate with the Executive's participation in such plans immediately prior to the Effective Date, or, if more favorable to the Executive, at the level made available to the Executive or other similarly situated officers at any time thereafter.

  • Incentive, Savings and Retirement Plans During the Employment Period, the Executive shall be entitled to participate in all incentive, savings and retirement plans, practices, policies and programs applicable generally to other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs provide the Executive with incentive opportunities (measured with respect to both regular and special incentive opportunities, to the extent, if any, that such distinction is applicable), savings opportunities and retirement benefit opportunities, in each case, less favorable, in the aggregate, than the most favorable of those provided by the Company and its affiliated companies for the Executive under such plans, practices, policies and programs as in effect at any time during the 120-day period immediately preceding the Effective Date or if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company and its affiliated companies.

  • 401(k) Plan The Company presently offers its employees a 401k plan with a Company match to be determined annually by the Compensation Committee of the Board of Directors. You may elect to contribute pre-tax deferrals through payroll deduction pursuant to the terms of the 401k plan.

  • Compensation Plan As compensation for the Executive's services under this Agreement, Executive shall be entitled to receive during his employment the base salary and fringe benefits in accordance with this Section 3 and in accordance with the compensation plan fixed for each fiscal year of the Company, commencing with the current fiscal year, and bonuses in accordance with Section 4 and stock options in accordance with Section 5.

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