Level Term Plans Sample Clauses

Level Term Plans. For level term plans having no cash values and those running 20 years or less, the reinsurance benefit shall equal the face amount reinsured, ignoring terminal reserves.
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Level Term Plans. For level term plans having no cash value and those with a duration of 20 years or less, the reinsurance benefit is the initial face amount reinsured without regard to terminal reserves.
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Level Term Plans. If the life insurance reinsured is issued as a level term plan, NALAC’s net amount at risk shall equal the face amount of life insurance reinsured.
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Level Term Plans. If the individual life insurance reinsured is issued as a level term plan, Allianz Life's net amount at risk shall equal the face amount of the insurance reinsured.
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Level Term Plans. [Redacted] Reducing Term Plans: [Redacted] Universal/Variable Life Plans: [Redacted] Universal/Variable Life Riders: [Redacted]
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Level Term Plans. (twenty years or less) - The Reinsurer's net amount at risk shall be the reinsurance face amount.
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Related to Level Term Plans

  • Long-Term Incentive Plans During the Employment Period, the Executive shall be eligible to participate in the ongoing equity and other long-term awards and programs of the Company as determined in the sole discretion of the Board or a committee thereof.

  • 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.

  • 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 Incentives The Company shall provide the Executive the opportunity to earn long-term incentive awards under the current equity and cash based plans and programs or replacements therefor at a level commensurate with the current aggregate opportunity being provided to the Executive.

  • 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.

  • Long-Term Incentive Compensation Subject to the Executive’s continued employment hereunder, the Executive shall be eligible to participate in any equity incentive plan for executives of the Firm as may be in effect from time to time, in accordance with the terms of any such plan.

  • Long-Term Compensation Including Stock Options, and Benefits, Deferred Compensation, and Expense Reimbursement.

  • Long-Term Incentive The Company shall provide Employee an opportunity to participate in the Company’s applicable long term incentive plan as it may or may not exist from time to time.

  • Long Term Incentive Plan The Executive shall be entitled to participate in the Company’s long-term incentive plan in accordance with its terms that may be in effect from time to time and subject to such other terms as the Board, in its sole discretion, may approve.

  • Bonus Plans During the term of Employee's employment hereunder, Employee shall be eligible to participate in the Company's annual Executive Incentive Compensation Plan (the "EIC Plan") in accordance with the applicable provisions of the EIC Plan. The standard bonus for Employee under the EIC Plan shall be forty percent (40%) of Employee's base salary.

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