Retirement Benefits Due to either investment or employment during the marriage, either the Husband or Wife: (check one) ☐ - DO NOT have retirement plans. ☐ - HAVE retirement plans. The Couple has the following retirement plans: (“Retirement Plans”). Upon signing this Agreement, the Retirement Plans shall be owned by: (check one) ☐ - Husband ☐ - Wife ☐ - Both Spouses ☐ - Other. .
Settlement Benefits WHAT YOU GET
Retirement Benefit Should the Director still be in the Directorship ------------------ of the Association upon attainment of his 70th birthday, the Association will commence to pay him $590 per month for a continuous period of 120 months. In the event that the Director should die after becoming entitled to receive said monthly installments but before any or all of said installments have been paid, the Association will pay or will continue to pay said installments to such beneficiary or beneficiaries as the Director has directed by filing with the Association a notice in writing. In the event of the death of the last named beneficiary before all the unpaid payments have been made, the balance of any amount which remains unpaid at said death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the estate of the last named beneficiary to die. In the absence of any such beneficiary designation, any amount remaining unpaid at the Director's death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the Director's estate.
Benefit Payments Benefit Payments, as referred to in this Agreement, means the sum of (i) Claims, as described in Xxxxxxxxx 0 xxxxx, (xx) Cash Surrender Values, as described in Paragraph 3 below, and (iii) Annuity Payments, as described in Paragraph 7 below.
Employment Benefits In addition to the Salary payable to the Executive hereunder, the Executive shall be entitled to the following benefits:
REASONS FOR AND BENEFITS OF THE TRANSACTION Based on the information and confirmation provided by APL, the APL Directors expect that based on the long-term growth prospect of the PRC economy and the recent economic development, property development in the PRC, particularly, major cities such as Chengdu will continue to enjoy growth. The APL Directors also expect that domestic demands for commercial and residential properties in the PRC will remain strong. As such, the APL Directors consider that it is now opportune to diversify the property investment portfolio of APL by diversifying into the PRC property market as an investor in a property project in the PRC with potential to yield favourable returns to its shareholders. The APL Directors consider that participating in the Co-operation Project, being a transaction contemplated under the Investment Co-operation Agreement, is in line with such direction and a good opportunity to establish APL’s presence in the PRC, which is now considered strategically important to the long-term development of APL. The APL Directors also consider that the Transaction is on normal commercial terms and the terms of the Investment Co-operation Agreement are fair and reasonable, and the Transaction is in the interests of APL and its shareholders taken as a whole. Based on the information and confirmation provided by APL, the Directors have accepted the confirmation provided by APL and therefore concur with the view of the APL Directors and consider that the Transaction is in the interests of AGL and its shareholders taken as a whole. INFORMATION ABOUT THE COMPANY, APL, SHUANGLIU GOVERNMENT, APCV, JIYOU AND CHINA CENTURY The Company The Company is a company incorporated in Hong Kong with limited liability, the shares of which are listed on the Main Board of the Stock Exchange. The principal business activity of the Company is investment holding. The principal business activities of its major subsidiaries are property investment and development, hospitality related activities, health administration, medical scheme administration, the provision of healthcare services, the provision of financial services, and investments in listed and unlisted securities.
Explanation of Benefits Contractor shall send each Enrollee an Explanation of Benefits to Enrollees in Plans that issue Explanation of Benefits or similar documents as required by Federal and State laws, rules, and regulations. The Explanation of Benefits and other documents shall be in a form that is consistent with industry standards.
