FP definition

FP means Farm Programs.

FP is either (i) the percentage of the TIO with respect to the Officer which is to be determined by the financial performance of the Company as established by the Compensation Committee of the Board of Directors of the Bank pursuant to the Bank's Annual Incentive Plan for Select Executives for the year in which the employment of the Officer by the Bank terminates or, (ii) if no target incentive opportunity has been established with respect to the Officer by the Compensation Committee of the Board of Directors of the Bank for the year in which the employment of the Officer by the Bank terminates, then a percentage equal to 100% minus the IP;

Examples of FP in a sentence

The Registration Statement covers an indefinite number of units of interest (“Units”) in Separate Account FP.
Net premiums received under the Policy may be allocated to Separate Account FP as described in the Prospectus included in the Registration Statement.
The Form of Proposal (Form FP, ITP Appendix E) and the Price Proposal Cover Sheet (Form PP, ITP Appendix E) shall be signed by all parties making up the Proposer, (i.e., all joint venture members or general partners, if the Proposer is a joint venture or partnership).
Net premiums under other AXA Equitable variable life insurance policies will also be allocated to Separate Account FP.
CR TOs are suitable for use only when uncertainties involved in contract performance do not permit costs to be estimated with sufficient accuracy to use any type of FP TO.