Guaranteed Benefits means the Maturity Benefit and the Guaranteed Lifetime Withdrawal Benefit (Income Class only) under the Contract;
Guaranteed Benefits means guaranteed -
Guaranteed Benefits means the Class Deposit Maturity Benefits and the Death Benefit;
Examples of Guaranteed Benefits in a sentence
We will cancel all your Guaranteed Benefits unless you instruct us to do otherwise.
If you wish to choose specific Guaranteed Benefits that you would like to cancel, please specify these here: % Please specify the percentage amount of the Guaranteed Benefit(s) you wish to cancel.
We will change the allocation of all of your Guaranteed Benefits as per your request unless you instruct us to do otherwise.
When there has been a cancellation of Guaranteed Benefits, we reserve the right to make you wait 6 months before you can elect for a new Guaranteed Benefit to be applied.
Please enter your Plan number here: You can switch your investment from a Fund linked to any Guaranteed Benefit(s) to Funds not linked to any Guaranteed Benefit before, on, or after, your Guaranteed Income Start Date.
More Definitions of Guaranteed Benefits
Guaranteed Benefits means the Maturity Benefit under the Contract;
Guaranteed Benefits in the second paragraph of the Change of Control Agreement is hereby removed.
Guaranteed Benefits means any benefits to which policyholders are already individually and unconditionally entitled as at the valuation date, including extra benefits from realized profits, irrespective of how the benefits are described.
Guaranteed Benefits means any riders and guaranteed benefits, including the Guaranteed Earnings Multiplier (GEM), Guaranteed Minimum Death Benefits (GMDB), Guaranteed Minimum Income Benefits (GMIB) and Guaranteed Minimum Withdrawal Benefits (GMWB);
Guaranteed Benefits means medical, dental, life insurance and disability coverage at least as favorable as the coverage currently extended to you (“the Guaranteed Benefits”). The Company reserves the right to terminate your employment at any time with or without Cause (as defined below). Upon the first to occur of (i) termination of your employment by the Company other than for Cause, (ii) termination of your employment by the Company or its successor (but not by you) following a Change, (as defined below), or (iii) termination of your employment by the Company or by you following assignment of materially different (as defined below) employment by the Company (each an “Event”), you shall be entitled to receive severance compensation for a period of 36 months following the date of such Event, in an amount equal to (x) your Guaranteed Salary and Guaranteed Benefits minus (y) any amount of similar compensation you may receive from any other employer during such period. If after a Change the surviving entity (or one of the surviving entities in the case of a substantial structural change) continues to compensate you but at a total salary less than the Guaranteed Salary and/or provide any benefit which is a part of the Guaranteed Benefits at less than the Guaranteed Benefit level, the Company shall pay, and/or provide to you, the difference between the Guaranteed Salary and Guaranteed Benefits and such lower salary or lesser benefits. If you are terminated without Cause by the successor entity, the Company will continue to be obligated to pay, and provide, the Guaranteed Salary and Guaranteed Benefits; provided however, that you shall use your best efforts to obtain other comparable employment and further provided that, if you obtain any other employment, the amounts of Guaranteed Salary and Guaranteed Benefits shall be reduced by the amounts you receive from the new employer. For purposes hereof, employment shall be “materially different” if your job responsibilities or duties are materially less favorable than those in effect on the date hereof or if such job responsibilities are relocated more than 15 miles from Jericho, New York. The term Xx. Xxxxxx X. Stirnweis June 12, 2001 Page 2
Guaranteed Benefits means the Guaranteed Minimum Death Benefits ("GMDB"), Guaranteed Minimum Income Benefits ("GMIB"), Guaranteed Minimum Accumulation Benefits ("GMAB") and Guaranteed Minimum Withdrawal Benefits ("GMWB") occurring under the directly issued riders specified in Schedule A attached hereto and the base Annuity death benefit to the extent it exceeds Account Value For purposes of this Agreement, "General Account Liabilities" means all liabilities and obligations arising out of or relating to the Annuities that are supported by the General Account.