Form of Payment definition

Form of Payment means payment in one lump sum or in substantially equal monthly, quarterly or annual installments not to exceed 15 years.
Form of Payment means the applicable form of payment of a pension provided for in Section 10-11-117 NMSA 1978;
Form of Payment. Cash: ________ Check: ________ Other: ________

Examples of Form of Payment in a sentence

  • Form of Payment When you submit your notice of exercise, you must include payment of the option price for the shares you are purchasing.

  • Form of Payment When you submit your notice of exercise, you must include payment of the option price for the Shares you are purchasing.

  • Form of Payment When you exercise your Option, you must include payment of the option price indicated on the cover sheet for the shares of Stock you are purchasing.

  • Form of Payment When you submit your notice of exercise, you must include payment of the Exercise Price for the Shares you are purchasing.

  • Form of Payment When you exercise your Option, you must include payment of the Option Price indicated on the cover sheet for the shares of Stock you are purchasing.


More Definitions of Form of Payment

Form of Payment means cash, a check, a debit card, a prepaid card, or any other means by which Customers pay for goods or services, and includes particular brands (e.g., Star, NYCE) or types (e.g., PIN debit) of debit cards or other means of payment.
Form of Payment. All retirement benefits payable hereunder shall be paid as non-elective employer contributions into a 403(b) account established by the employee. Such contributions shall be made in accordance with the terms of this agreement, except that no employer contributions, when combined with the employee’s own 403(b) deferrals, if any, shall exceed the contribution limits of Section 415(c)(1) of the Internal Revenue Code. If the amount due under this agreement exceeds the applicable contribution limit for any year, the unpaid amount shall be contributed into the employee’s 403(b) account in the next calendar year to the extent permitted under the applicable limitations, and shall continue in each succeeding calendar year until the entire amount due hereunder has been contributed into the employee’s 403(b) account. Any amount not contributed into the employee’s 403(b) account at the end of the fifth year following the year in which the employee retired shall be paid in cash to the employee, or to his/her heirs if his/her death occurs before then. The employee shall have no option to receive any supplemental retirement benefit as a cash benefit, except to the extent benefits are still unpaid at the end of the fifth year following the year of the employee’s retirement, or in the event of his/her death. Employees who have taken a sabbatical leave in the year of retirement, except for medical reasons, are not eligible for this retirement payment unless granted a waiver by the Board of School Directors.
Form of Payment means cash, a check, a debit card, a prepaid card, or any other
Form of Payment means payment in a lump sum or annual installments not to exceed 10 years as set forth in Section 7.01(b).
Form of Payment. The Participant's election shall indicate the form of distribution of the entire vested portion of his Participant Account in a lump sum or monthly installments over 5, [or] 10, 20 OR 30 years.
Form of Payment. Choose one of the following: [ ] Lump Sum Distribution [ ] Annual Installments (if you choose this option, indicate below the number of annual installments desired, which may not exceed 10): No. of Annual Installments: ______
Form of Payment. [CHECK ONE OR MORE BOXES] Payment of the Exercise Price may be made in the following form(s): [ ] Your personal check, a cashier's check or a money order. [ ] In shares of Company Stock which have been owned by you or your representative for more than twelve (12) months and which are surrendered to the Company in good form for transfer. [ ] By delivering a Committee-approved form of irrevocable direction to a securities broker approved by the Company to sell all or part of the Shares subject to the Option and to deliver to the Company from the sale proceeds an amount sufficient to pay the Exercise Price and any withholding taxes. The balance of the sale proceeds, if any, will be delivered to you.