TABLE OF INCOME OPTIONS Sample Clauses

TABLE OF INCOME OPTIONS. The following table is for this Contract whose net proceeds are $1,000, and will apply pro rata to the amount payable under this Contract. UNDER OPTION 4 MONTHLY INSTALLMENT UNDER OPTIONS 1 OR 3 No. of Monthly Install-ments Monthly Install-ments Age of Annui-tant No. of Mos. Certain Age of Annui-tant No. of Mos. Certain Age of Annui-tant No. of Mos. Certain Age of Annui-tant No. of Mos. Certain Male Life 120 240 Male Life 120 240 Female Life 120 240 Female Life 120 240 60 16.96 40 2.64 2.64 2.61 70 5.74 5.36 4.36 40 2.48 2.48 2.47 70 5.11 4.92 4.25 72 14.24 41 2.69 2.68 2.65 71 5.97 5.53 4.41 41 2.52 2.52 2.51 71 5.32 5.09 4.31 84 12.29 42 2.73 2.73 2.70 72 6.21 5.70 4.46 42 2.56 2.56 2.54 72 5.53 5.26 4.37 96 10.84 43 2.78 2.77 2.74 73 6.48 5.87 4.50 43 2.60 2.60 2.58 73 5.77 5.44 4.42 108 9.70 44 2.83 2.82 2.78 74 6.76 6.05 4.53 44 2.65 2.64 2.62 74 6.02 5.62 4.47 120 8.80 45 2.89 2.88 2.83 75 7.06 6.22 4.57 45 2.69 2.69 2.66 75 6.30 5.82 4.52 132 8.05 46 2.94 2.93 2.88 76 7.38 6.40 4.60 46 2.74 2.73 2.71 76 6.60 6.01 4.55 144 7.44 47 3.00 2.98 2.93 77 7.73 6.58 4.62 47 2.79 2.78 2.75 77 6.92 6.21 4.59 156 6.91 48 3.06 3.04 2.98 78 8.09 6.76 4.64 48 2.84 2.83 2.80 78 7.27 6.42 4.61 168 6.47 49 3.12 3.10 3.03 79 8.49 6.94 4.66 49 2.89 2.88 2.85 79 7.65 6.62 4.64 180 6.08 50 3.19 3.17 3.09 80 8.91 7.11 4.67 50 2.95 2.94 2.90 80 8.06 6.82 4.66 192 5.74 51 3.26 3.23 3.15 81 9.37 7.27 4.69 51 3.01 3.00 2.95 81 8.51 7.02 4.67 204 5.44 52 3.33 3.30 3.21 82 9.85 7.43 4.70 52 3.07 3.06 3.01 82 8.99 7.21 4.69 216 5.18 53 3.41 3.38 3.27 83 10.37 7.59 4.70 53 3.14 3.12 3.06 83 9.51 7.40 4.70 228 4.94 54 3.49 3.46 3.33 84 10.92 7.73 4.71 54 3.21 3.19 3.12 84 10.08 7.57 4.71 240 4.72 55 3.57 3.54 3.39 85 11.51 7.86 4.72 55 3.28 3.26 3.18 85 10.69 7.73 4.71 252 4.53 56 3.66 3.62 3.46 86 12.14 7.99 4.72 56 3.36 3.34 3.25 86 11.35 7.88 4.72 264 4.36 57 3.76 3.71 3.52 87 12.81 8.10 4.72 57 3.44 3.41 3.31 87 12.06 8.01 4.72 276 4.20 58 3.86 3.80 3.59 88 13.53 8.21 4.72 58 3.53 3.50 3.38 88 12.82 8.13 4.72 288 4.05 59 3.97 3.90 3.66 89 14.28 8.30 4.72 59 3.62 3.58 3.45 89 13.62 8.24 4.72 300 3.91 60 4.08 4.01 3.73 90 15.09 8.39 4.72 60 3.71 3.67 3.52 90 14.47 8.33 4.72 312 3.79 61 4.20 4.12 3.80 91 15.95 8.46 4.72 61 3.82 3.77 3.59 91 15.36 8.41 4.72 324 3.68 62 4.33 4.23 3.86 92 16.85 8.53 4.72 62 3.93 3.87 3.67 92 16.28 8.49 4.72 336 3.57 63 4.47 4.35 3.93 93 17.82 8.59 4.72 63 4.04 3.98 3.74 93 17.25 8.55 4.72 348 3.47 64 4.62 4.48 4.00 94 18.85 8.64 4.72 64 4.17 4.09 3....
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TABLE OF INCOME OPTIONS. The following table is for this Contract whose net proceeds are $1,000, and will apply pro rata to the amount payable under this Contract. No. of Monthly Age of No. of Mos. Age of No. of Mos. Age of No. of Mos. Age of No. of Mos. Monthly Install- Xxxxx- Xxxxxxx Xxxxx- Xxxxxxx Xxxxx- Xxxxxxx Xxxxx- Xxxxxxx Install- ments tant tant tant tant ments Male Life 120 240 Male Life 120 240 Female Life 120 240 Female Life 120 240 60 17.95 40 3.55 3.54 3.51 70 6.71 6.26 5.18 40 3.39 3.38 3.37 70 6.04 5.81 5.07 72 15.18 41 3.59 3.58 3.55 71 6.95 6.42 5.23 41 3.42 3.42 3.40 71 6.25 5.97 5.13 84 13.20 42 3.64 3.63 3.59 72 7.21 6.59 5.27 42 3.46 3.46 3.43 72 6.48 6.14 5.19 96 11.71 43 3.69 3.67 3.63 73 7.48 6.76 5.31 43 3.50 3.49 3.47 73 6.72 6.32 5.24 108 10.56 44 3.74 3.72 3.67 74 7.77 6.94 5.34 44 3.54 3.54 3.51 74 6.99 6.51 5.28 120 9.64 45 3.79 3.77 3.72 75 8.09 7.11 5.38 45 3.59 3.58 3.55 75 7.27 6.70 5.33 132 8.88 46 3.85 3.83 3.76 76 8.42 7.29 5.40 46 3.63 3.62 3.59 76 7.58 6.90 5.36 144 8.26 47 3.90 3.88 3.81 77 8.78 7.47 5.43 47 3.68 3.67 3.63 77 7.92 7.10 5.39 156 7.73 48 3.96 3.94 3.86 78 9.16 7.64 5.45 48 3.73 3.72 3.68 78 8.28 7.30 5.42 168 7.28 49 4.03 4.00 3.91 79 9.57 7.82 5.46 49 3.78 3.77 3.72 79 8.67 7.50 5.44 180 6.89 50 4.09 4.06 3.96 80 10.01 7.99 5.48 50 3.84 3.83 3.77 80 9.10 7.70 5.46 192 6.54 51 4.16 4.13 4.02 81 10.48 8.15 5.49 51 3.90 3.88 3.82 81 9.56 7.90 5.48 204 6.24 52 4.24 4.20 4.07 82 10.98 8.30 5.50 52 3.96 3.94 3.88 82 10.06 8.09 5.49 216 5.98 53 4.32 4.27 4.13 83 11.52 8.45 5.51 53 4.03 4.01 3.93 83 10.61 8.27 5.50 228 5.74 54 4.40 4.35 4.19 84 12.09 8.59 5.51 54 4.10 4.07 3.99 84 11.20 8.43 5.51 240 5.53 55 4.48 4.43 4.25 85 12.70 8.72 5.52 55 4.17 4.14 4.05 85 11.83 8.59 5.51 252 5.33 56 4.57 4.51 4.31 86 13.35 8.85 5.52 56 4.25 4.22 4.11 86 12.52 8.74 5.52 264 5.16 57 4.67 4.60 4.38 87 14.04 8.96 5.52 57 4.33 4.30 4.17 87 13.25 8.87 5.52 276 5.00 58 4.77 4.70 4.44 88 14.78 9.06 5.52 58 4.42 4.38 4.23 88 14.04 8.98 5.52 288 4.85 59 4.88 4.80 4.51 89 15.56 9.15 5.52 59 4.51 4.46 4.30 89 14.87 9.09 5.52 300 4.72 60 5.00 4.90 4.57 90 16.39 9.23 5.53 60 4.61 4.56 4.37 90 15.74 9.18 5.53 61 5.13 5.01 4.64 91 17.27 9.31 5.53 61 4.71 4.65 4.44 91 16.66 9.26 5.53 62 5.26 5.13 4.71 92 18.20 9.37 5.53 62 4.82 4.75 4.51 92 17.61 9.33 5.53 63 5.40 5.25 4.77 93 19.19 9.43 5.53 63 4.94 4.86 4.58 93 18.60 9.40 5.53 64 5.55 5.38 4.84 94 20.25 9.48 5.53 64 5.07 4.98 4.66 94 19.64 9.45 5.53 65 5.72 5.51 4.90 95 21.38 9.52 5.53 65 5.20 5.10 4.73 95 ...
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Related to TABLE OF INCOME OPTIONS

  • Non-Qualified Stock Options The Options granted hereunder are not intended to be Incentive Stock Options or Qualified Stock Options.

  • Stock and Stock Options Subject to vesting, as set forth on Exhibit B, the Company will issue to Director stock and options as set forth and described on Exhibit B. Company shall issue said stock and options within sixty (60) days from the execution of this Agreement by both parties.

  • Distributions Upon Income Inclusion Under Section 409A of the Code Upon the inclusion of any portion of the benefits payable pursuant to this Agreement into the Executive’s income as a result of the failure of this non-qualified deferred compensation plan to comply with the requirements of Section 409A of the Code, to the extent such tax liability can be covered by the Executive’s vested accrued liability, a distribution shall be made as soon as is administratively practicable following the discovery of the plan failure.

  • Stock Options (a) Subsequent to the effectiveness of the Form 10, but prior to the consummation of the Distribution, and subject to the consummation of the Distribution, each option to purchase ALTISOURCE Common Stock (“ALTISOURCE Stock Options”) granted and outstanding under the 2009 Equity Incentive Plan of ALTISOURCE (“ALTISOURCE Option Plan”) shall remain granted and outstanding and shall not, and ALTISOURCE shall cause (to the maximum extent permitted under the ALTISOURCE Option Plan) the ALTISOURCE Stock Options not to, terminate, accelerate or otherwise vest as a result of the Distribution, and each holder thereof immediately prior to the Distribution will be entitled to the following, determined in a manner in accordance with, and subject to, the ALTISOURCE Option Plan, FAS123R and Section 409A of the Internal Revenue Code: (i) an option to acquire a number of shares of Residential Class B Common Stock equal to the product of (x) the number of shares of ALTISOURCE Common Stock subject to the ALTISOURCE Stock Option held by such holder on the Distribution Date and (y) the distribution ratio of one (1) share of Residential Class B Common Stock for every three (3) shares of ALTISOURCE Common Stock (the “Residential Stock Options”), with an exercise price to be determined in a manner consistent with this Section 3.04 and (ii) the adjustment of the exercise price of such holder’s ALTISOURCE Stock Option, to be determined in a manner consistent with this Section 3.04 (the “Adjusted ALTISOURCE Stock Options”) (the Residential Stock Options and the Adjusted ALTISOURCE Stock Options, together, the “Post-Distribution Stock Options”).

  • Commencement of Regular Sales of Common Stock Upon the satisfaction of the conditions set forth in Sections 7 and 8 hereof (the “Commencement” and the date of satisfaction of such conditions the “Commencement Date”) and thereafter, the Company shall have the right, but not the obligation, to direct the Investor, by its delivery to the Investor of a Regular Purchase Notice from time to time, to purchase up to Fifty Thousand (50,000) Purchase Shares, subject to adjustment as set forth below in this Section 2(a) (such maximum number of Purchase Shares, as may be adjusted from time to time (the “Regular Purchase Share Limit”), at the Purchase Price on the Purchase Date, provided that the Closing Sale Price of the Common Stock is not below the Floor Price on the Purchase Date (each such purchase, a “Regular Purchase”); provided, however, that (i) the Regular Purchase Share Limit may be increased to up to Seventy-Five Thousand (75,000) Purchase Shares, provided that the Closing Sale Price of the Common Stock is not below $6.00 on the Purchase Date, and (ii) the Regular Purchase may be increased to up to One Hundred Thousand (100,000) Purchase Shares, provided that the Closing Sale Price of the Common Stock is not below $7.50 on the Purchase Date (all of which share and dollar amounts shall be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split or other similar transaction); provided that if, after giving effect to the full proportionate adjustment to the Regular Purchase Share Limit therefor, the Fully Adjusted Regular Purchase Share Limit then in effect would preclude the Company from delivering to the Investor a Regular Purchase Notice hereunder for a Purchase Amount (calculated by multiplying (X) the number of Purchase Shares equal to the Fully Adjusted Regular Purchase Share Limit, by (Y) the Purchase Price per Purchase Share covered by such Regular Purchase Notice on the applicable Purchase Date therefor) equal to or greater than One Hundred Fifty Thousand Dollars ($150,000), the Regular Purchase Share Limit for such Regular Purchase Notice shall not be fully adjusted to equal the applicable Fully Adjusted Regular Purchase Share Limit, but rather the Regular Purchase Share Limit for such Regular Purchase Notice shall be adjusted to equal the applicable Alternate Adjusted Regular Purchase Share Limit as of the applicable Purchase Date for such Regular Purchase Notice); provided, further, however, that the Investor’s committed obligation under any single Regular Purchase shall not exceed One Million Dollars ($1,000,000). If the Company delivers any Regular Purchase Notice for a Purchase Amount in excess of the limitations contained in the immediately preceding sentence, such Regular Purchase Notice shall be void ab initio to the extent of the amount by which the amount of Purchase Shares set forth in such Regular Purchase Notice exceeds the amount of Purchase Shares which the Company is permitted to include in such Purchase Notice in accordance herewith, and the Investor shall have no obligation to purchase such excess Purchase Shares in respect of such Regular Purchase Notice; provided that the Investor shall remain obligated to purchase the amount of Purchase Shares which the Company is permitted to include in such Regular Purchase Notice. The Company may deliver Regular Purchase Notices to the Investor as often as every Business Day, so long as the Company has not failed to deliver Purchase Shares for all prior Regular Purchases, Accelerated Purchases and Additional Accelerated Purchases, including, without limitation, those that have been effected on the same Business Day as the applicable Purchase Date, have theretofore been received by the Investor as DWAC Shares in accordance with this Agreement. Notwithstanding the foregoing, the Company shall not deliver any Regular Purchase Notices during the PEA Period.

  • Effect on Company Capital Stock At the Effective Time, by virtue of the Merger and without any action on the part of Parent, Merger Sub, the Company or the Stockholders:

  • Company Stock Options At the Effective Time, each Company Stock --------------------- Option shall be deemed to have been assumed by Evergreen, without further action by Evergreen, and shall thereafter be deemed an option to acquire, on the same terms and conditions as were applicable under such Company Stock Option, that number of shares of Surviving Corporation Common Stock that would have been received in respect of such Company Stock Option if it had been exercised immediately prior to the Effective Time (such Company Stock Options assumed by Evergreen, the "Assumed Chancellor Stock Options"); provided, however, that, for -------- ------- each optionholder, (i) the aggregate fair market value of Surviving Corporation Common Stock subject to Assumed Chancellor Stock Options immediately after the Effective Time shall not exceed the aggregate exercise price thereof by more than the excess of the aggregate fair market value of Company Common Stock subject to Company Stock Options immediately before the Effective Time over the aggregate exercise price thereof and (ii) on a share-by-share comparison, the ratio of the exercise price of the Assumed Chancellor Stock Option to the fair market value of the Surviving Corporation Common Stock immediately after the Effective Time is no more favorable to the optionholder than the ratio of the exercise price of the Company Stock Option to the fair market value of the Company Common Stock immediately before the Effective Time; and provided, -------- further, that no fractional shares shall be issued on the exercise of such ------- Assumed Chancellor Stock Option and, in lieu thereof, the holder of such Assumed Chancellor Stock Option shall only be entitled to a cash payment in the amount of such fraction multiplied by the closing price per share of Surviving Corporation Common Stock on the Nasdaq National Market on the business day immediately prior to the date of such exercise.

  • CONDITIONS TO THE COMPANY’S RIGHT TO COMMENCE SALES OF SHARES OF COMMON STOCK The right of the Company hereunder to commence sales of the Purchase Shares on the Commencement Date is subject to the satisfaction or, where legally permissible, the waiver of each of the following conditions:

  • Stock Options; Warrants (a) At the Effective Time and without any action on the part of the parties hereto, (i) the 1996 Stock Incentive Plan, the 1993 Incentive Stock Option, Nonqualified Stock Option and Restricted Stock Purchase Plan (together, the “Company Stock Plans”) and (ii) each unexercised and unexpired stock option that is then outstanding under the Company Stock Plans or any other plan or arrangement under which the Company or its subsidiaries grants stock options, whether or not exercisable and whether or not vested (the “Company Options”), shall be assumed by Parent and such Company Options shall be converted into options to purchase Parent Common Stock (individually an “Assumed Option” and collectively the “Assumed Options”). Each Assumed Option shall continue to have, and be subject to, the same terms and conditions as set forth in the applicable Company Stock Plan and any agreement evidencing the grant of such Assumed Option, as in effect immediately prior to the Effective Time, except that, as of the Effective Time, (i) the Assumed Options shall be exercisable for whole shares of Parent Common Stock, and the number of such shares shall be equal to the product of the number of shares of Company Common Stock that were issuable upon exercise of such Assumed Option, whether or not exercisable, immediately prior to the Effective Time multiplied by the Exchange Ratio, rounded down to the nearest whole number of shares of Parent Common Stock, (ii) the per share exercise price for the shares of Parent Common Stock issuable upon exercise of such Assumed Option shall be equal to the quotient determined by dividing the exercise price per share of Company Common Stock at which such Assumed Option was exercisable immediately prior to the Effective Time by the Exchange Ratio, rounded up to the nearest whole cent, (iii) all references in the Company Stock Plan and the agreement evidencing the Assumed Option to the Company shall be deemed to be references to Parent and (iv) all references in the Company Stock Plan and the agreement evidencing the Company Option to Company Common Stock shall be deemed to be references to Parent Common Stock. Notwithstanding anything to the contrary in this Section 2.2, the conversion of any Assumed Options (regardless of whether such options qualify as “incentive stock options” within the meaning of Section 422 of the Code) into options to purchase Parent Common Stock shall be made in such a manner as would not constitute a “modification” of such Assumed Options within the meaning of Section 424 of the Code.

  • Limitation on Preferred Stock of Restricted Subsidiaries The Company will not permit any of its Restricted Subsidiaries to issue any Preferred Stock (other than to the Company or to a Wholly Owned Restricted Subsidiary of the Company) or permit any Person (other than the Company or a Wholly Owned Restricted Subsidiary of the Company) to own any Preferred Stock of any Restricted Subsidiary of the Company.

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