Non-Qualified. Withdrawal Any withdrawal from an Account that is not a Qualified Withdrawal or an Outgoing Rollover. Outgoing Rollover Withdrawals from an Account contributed to another ABLE account, provided that certain conditions are satisfied. Program Manager TIAA-CREF Tuition Financing, Inc. or TFI. Proposed Tax Regulations Proposed regulations issued by the U.S. Department of the Treasury under Section 529A included in the Federal Register dated June 22, 2015. Qualified Disability Expenses Any expenses incurred at a time when the Beneficiary is an Eligible Individual that relate to the blindness or disability of the Beneficiary, and are for the benefit of the Beneficiary in maintaining or improving his or her health, independence, or quality of life. Such expenses include, but are not limited to, expenses for education, housing, transportation, employment training and support, assistive technology and personal support services, health, prevention and wellness, financial management and administrative services, legal fees, expenses for oversight and monitoring, funeral and burial expenses, and other expenses that may be identified from time to time in future guidance published by the IRS. Qualified Withdrawal Any withdrawal from an Account used to pay for the Qualified Disability Expenses of the Beneficiary. Target Risk Investment Options Investment options with investment objectives and strategies based on a targeted risk level. Each Target Risk Investment Option invests in underlying mutual funds. Sibling A brother, sister, stepbrother, stepsister, half-brother, or half-sister of the Beneficiary, whether by blood or adoption. Section 529A Section 529A of the Internal Revenue Code. SSI Supplemental Security Income. Unit An interest in an Investment Option. Unit Value The value of a Unit in an Investment Option. You Except when referring to an Authorized Legal Representative as the context requires, “you” refers to a Beneficiary/Account Owner. INTRODUCTION TO CalABLE Rehabilitation, and Chairperson of the State Independent Living Council, or their designees. The California State Treasurer serves as Chair of the Board. Assets in CalABLE are held in the CalABLE ABLE Program Trust (the “Trust”), for which the Board serves as the trustee. To contact the Board: Visit: xxx.xxxxxxxxx.xx.xxx Email: XxxXXXX@xxxxxxxxx.xx.xxx Call: 000-000-0000 CalABLE is offered on a national basis. Each Account is governed by the terms of this Program Disclosure Statement, the Participation A...
Non-Qualified. Owner means any person who does not meet the definition of Qualified Owner including persons who originally qualified as a Qualified Owner but whose circumstances change and who no longer meet the definition of Qualified Owner.
Non-Qualified. Stock Option means a stock option which is not an Incentive Stock Option. D/EPM/762545.9
Non-Qualified. Annuity Contract - An annuity Contract which is not intended to satisfy the requirements of Section 408(b) (IRAs) or Section 408A (Roth XXXx) of the Code. This Contract may be issued as a Non- Qualified Annuity Contract. Owner - The person or persons named on the Contract Data Page and Rider Data Page, if applicable. The Owner must be age 85 or younger at the time the contract is issued. The Owner is entitled to exercise all rights and privileges under the Contract while the Annuitant is living. Joint Owners must be one another’s Spouse as of the Effective Date and must both be natural persons. The Annuitant will be the Owner unless otherwise indicated in the application. The Owner must be either a natural person, an IRA custodian or trustee, or a Grantor Trust. If the Owner is a Grantor Trust, all references in the Contract and Rider to the life, age or death of the Owner shall pertain to the life, age or death of the Grantor(s). If the Owner is an IRA custodian or trustee, all references to the life, age, or death of the Owner pertain to the life, age, or death of the Underlying IRA Hxxxxx. Xxyout Election Date - The date on which Investment Strategy annuity payouts or periodic withdrawals begin. Payout Election Date must occur before the Annuitant’s 99th birthday. Portfolio - A registered management investment company, or portfolio or series thereof, in which the assets of the Series Account may be invested. Premium Tax - The amount of tax, if any, charged by a state or other governmental authority. Qualified Annuity Contract - An annuity contract that is intended to qualify under Section 408(b) (IRAs) or Section 408A (Roth XXXx) of the Code. This Contract may be issued as a Qualified Annuity Contract. Request - Any written, telephoned, electronic or computerized instruction in a form satisfactory to the Company and received at the Retirement Resource Operations Center from the Owner or the Owner’s designee (as specified in a form acceptable to the Company), or the Beneficiary (as applicable), as required by any provision of this Contract. The Request is subject to any action taken or payout made by the Company before it is processed. A written Request will be deemed to include electronic mail transmissions only if such transmissions include PDF or other facsimile transmissions clearly reproducing the manual signature.
Non-Qualified. Stock Option Agreement between Executive and Holdings executed in connection with an option grant made on March 30, 1999.
Non-Qualified. Withdrawal Any withdrawal from an Account that does not meet the requirements of being: (1) a Qualified Withdrawal; (2) a Taxable Withdrawal; or (3) a Qualified Rollover. Qualified Higher Education Expenses Generally, tuition, fees, books, supplies, and equipment required for the enrollment or attendance of a Beneficiary at an Eligible Educational Institution; certain room and board expenses; the cost of computer or peripheral equipment, certain software, and internet access and related services if used primarily by the Beneficiary during any of the years the Beneficiary is enrolled at an Eligible Educational Institution; and certain expenses for special needs services. Except where otherwise noticed, any reference to Qualified Higher Education Expenses also includes a reference to tuition in connection with enrollment or attendance at a primary (i.e., elementary school) or secondary (i.e., Qualified Rollover A transfer of funds from an Account: (1) to an account in another state’s 529 plan for the same Beneficiary, provided that it has been at least 12 months from the date of a previous transfer to a 529 Plan for that Beneficiary; (2) to an account in another state’s 529 plan (or an Account in the Direct Plan for a new Beneficiary), provided that the new Beneficiary is a Member of the Family of the previous Beneficiary; or (3) to a Section 529A Qualified ABLE Program (“ABLE”) account for the same Beneficiary, or a Member of the Family thereof, subject to certain restrictions. Qualified Withdrawal Any withdrawal from an Account used to pay for the Qualified Higher Education Expenses of the Beneficiary. Taxable Withdrawal Any withdrawal from an Account that is: (1) paid to a beneficiary of, or the estate of, the Beneficiary on or after the Beneficiary’s death; (2) attributable to the permanent disability of the Beneficiary; (3) made on account of the receipt by the Beneficiary of a scholarship award or veterans’ or other nontaxable educational assistance (other than gifts or inheritances), but only to the extent of such scholarship or assistance; (4) made on account of the Beneficiary’s attendance at a military academy, but only to the extent of the costs of education attributable to such attendance; or (5) equal to the amount of the Beneficiary’s relevant Qualified Higher Education Expenses that is taken into account in determining the Beneficiary’s American Opportunity Credit or Lifetime Learning Credit. Unit An ownership interest in an Investment Option ...
Non-Qualified. Withdrawal Any withdrawal from an Account that is not: (1) a Qualified Withdrawal; (2) a Taxable Withdrawal; or (3) a Qualified Rollover. Qualified Higher Education Expenses Generally, tuition, fees, the cost of books, supplies and equipment required for the enrollment or attendance of a Beneficiary at an Eligible Educational Institution, certain room and board expenses, the cost of computer or peripheral equipment, certain software, and Internet access and related services if used primarily by the Beneficiary during any of the years the Beneficiary is enrolled at any Eligible Educational Institution, as well as certain additional enrollment and attendance costs of Beneficiaries with special needs. For both federal and Georgia tax purposes, any reference to Qualified Higher Education Expenses also includes a reference to tuition in connection with enrollment or attendance at a primary (i.e., elementary school) or secondary (i.e., middle school or high school) public, private, or religious school up to a maximum of $10,000 of distributions for such tuition expenses per taxable year per Beneficiary from all 529 Plans. For federal tax purposes, any reference to Qualified Higher Education Expenses also includes: (i) expenses for fees, books, supplies, and equipment required for the participation of a Beneficiary in an apprenticeship program registered and certified with the Secretary of Labor under the National Apprenticeship Act; and (ii) amounts paid as principal or interest on any qualified education loan of either the Beneficiary, or a sibling of the Beneficiary up to a lifetime limit of $10,000 per individual. Distributions treated as Qualified Higher Education Expenses with respect to the loans of a sibling of a Beneficiary will count towards the limit of the sibling, not the Beneficiary. Such loan repayments may impact student loan interest deductibility. State tax treatment of withdrawals for K-12 tuition expenses, apprenticeship expenses, and payment of qualified education loans is determined by the state where you file state income tax. Please consult with a tax advisor before withdrawing funds for any such expenses. Qualified Rollover A transfer of funds from an Account: (1) to an account in another state’s 529 Plan for the same Beneficiary, provided that it has been at least 12 months from the date of a previous transfer to a 529 Plan for that Beneficiary; (2) to an account in another state’s 529 Plan (or an Account in the Plan for a new beneficiar...
Non-Qualified. Transferee(s) shall not: (1) occupy the Lot; (2) rent all or any part of the Lot, except in strict compliance with Section 5 hereof; (3) engage in any other business activity on or in the Lot; (4) sell, convey or otherwise transfer the Lot except in accordance with this Agreement and the Affordable Housing Requirements; or (5) sell or otherwise transfer the Lot for use in a trade or business.
Non-Qualified. Stock Option Agreement for Executive Officers under the Imation Corp. 2008 Stock Incentive Plan.
Non-Qualified. Stock Options (“NSOs”). Subject to the approval of the Board, Executive shall receive an option grant of Four Hundred Thousand (400,000) Non-Qualified Stock Options (“NSOs”), which shall vest over four (4) years, with one fourth of the NSOs vesting on the one-year anniversary of the date of grant, and the remaining NSOs vesting in six (6) equal installments, commencing six (6) months after the one-year anniversary of the date of grant and every six (6) months thereafter until fully vested, provided that Executive is still employed by the Company on each vesting date. For purposes of this Agreement, the following terms shall have the meanings given:
