Individual Entitlement definition

Individual Entitlement. In relation to an Eligible Employee means (subject to the proviso hereinafter contained) an equal share of the amount made available for the purposes of the Scheme for the relevant year. Provided always that notwithstanding the amount determined in accordance with the above, Individual Share Allocation shall not in any case exceed the amount specified in paragraph 1(4) of Part I of the Third Schedule to the Act.
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Individual Entitlement means in relation to an Eligible Employee means a share of the amount made available for the purposes of the Scheme for the relevant year which amount shall be distributed by the Company amongst the Eligible Employees in proportion to their annual Basic Salary.
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Examples of Individual Entitlement in a sentence

  • Vouchers and ♦ Plan de Ampliación de Cobertura de la Educación Secundaria (Colombia) Voucher-like ♦ School Funding System (The Netherlands)Programs ♦ Targeted Individual Entitlement and Independent School Subsidies (New Zealand)♦ Milwaukee Parental Choice Program (Milwaukee, USA)♦ Urban Girls’ Fellowship Program and Rural Girls’ Fellowship Program (Baluchistan, Pakistan)♦ Education Voucher Scheme (Punjab, Pakistan)v.

  • Individual Entitlement ........................................................

  • Each Under-Compensated Class Member or Additional Class Member who has a claim to the Residue will be entitled to receive compensation by Interac e-Transfer, with the compensation being the lesser of: (a) the total of their outstanding Individual Entitlement; or (b) the amount calculated by taking their Individual Entitlement, dividing by all Residue claims and multiplying that fraction by the amount of the Residue, so long as the amount to which they are entitled exceeds $10.00.

  • Most of the movement happened by moving to adjacent areas and schools that served a higher decile (Fancy, 2000; Thrupp, 2007).Ninth, a Targeted Individual Entitlement (TIE) voucher scheme of subsidies for low- income students to attend private schools (introduced in 1996) was abolished in year 2000.

  • Individual Entitlement is displayed in more detail within the careers section of the web page.

  • Social policy is a counter weight to themarket’s distribution of resources Nature of Individual Entitlement individual responsibility or needs test Citizenship Rights Role of the State Marginal role of the state.

  • Targeted Individual Entitlement and Independent School Subsidies (New Zealand) d.

  • In response the National Party established the Targeted Individual Entitlement (TIE) in 1998—a voucher scheme for low income families—but this was abolished by the incoming Labour government in 2000.49 III.

  • The application must be stabilised.• Development installation, test, integration and initial service desk/troubleshooting of missing functionalities for Individual Entitlement review tool developed by EASA.

  • Monitor the progress of LA carried out by Special Tahsildar Co-ordinate the implementation of R&R activities through resettlement officer, field staff, highway, forest, agricultural department, horticulture department and revenue officials Approval of Individual Entitlement Plan (micro plan) prepared for implementing RP.

Related to Individual Entitlement

  • M2M Entitlement means a Non-Monitoring RTO’s share of a M2M Flowgate’s total capability to be used for settlement purposes that is calculated pursuant to Section 6 of Schedule D to this Agreement.

  • Entitlement means the entitlement specified as such in the definition of the relevant Series, subject to any adjustment in accordance with Product Condition 4;

  • Partial Entitlement ADR(s) “Partial Entitlement ADS(s)” and “Partial Entitlement Share(s)” shall have the respective meanings set forth in Section 2.12.

  • Partial Entitlement Share(s) shall have the respective meanings set forth in Section 2.12.

  • Full Entitlement ADR(s) “Full Entitlement ADS(s)” and “Full Entitlement Share(s)” shall have the respective meanings set forth in Section 2.12.

  • Entitlements means, with respect to any Offering, the license and use types, limits, volume, or other measurement or conditions of permitted use for such Offering as set forth in the applicable Order or Supplemental Terms, including but not limited to any limits or restrictions on the number and categories of users authorized to use such Offering, permitted geographic areas, available storage space, computing power, or other attributes and metrics.

  • Entitlement Holder means, with respect to any financial asset, a Person identified in the records of the Securities Intermediary as the Person having a Security Entitlement against the Securities Intermediary with respect to such financial asset.

  • Securities Entitlement means the rights and property interests of an Entitlement Holder with respect to a Financial Asset as set forth in Part 5 of Article 8 of the Uniform Commercial Code of the State of New York, as the same may be amended from time to time.

  • Indirect Ownership Interest means an ownership interest in an entity that has an ownership interest in another entity. Indirect ownership interest includes an ownership interest in an entity that has an indirect ownership interest in another entity.

  • Security Entitlement The meaning specified in Section 8-102(a)(17) of the UCC.

  • Residual Ownership Interest Any record or beneficial interest in the Class R Certificates.

  • Potential Beneficial Owner means a customer of a Broker-Dealer or a Broker-Dealer that is not a Beneficial Owner of shares of AMPS but that wishes to purchase such shares, or that is a Beneficial Owner that wishes to purchase additional shares of AMPS.

  • Entitlement Order shall have the meaning specified in Section 8-102 of the UCC.

  • Voting Participant Notification is defined in Section 11.10(i) hereof.

  • Non-U.S. Beneficial Ownership Certification As defined in Section 5.03(f) of this Agreement.

  • Individual retirement account means an individual retirement account under Section 408 of the Code, a Roth IRA under Section 408A of the Code, a simplified employee pension under Section 408(k) of the Code or a simple retirement account for employees under Section 408(p) of the Code.

  • Security Entitlements means the rights and property interests of an Entitlement Holder with respect to a Financial Asset.

  • Full Entitlement Share(s) shall have the respective meanings set forth in Section 2.12.

  • Certificate of Beneficial Ownership means, for each Borrower, a certificate in form and substance acceptable to Agent (as amended or modified by Agent from time to time in its sole discretion), certifying, among other things, the Beneficial Owner of such Borrower.

  • Beneficial Ownership Regulation means 31 C.F.R. § 1010.230.

  • Beneficial Ownership Rule means 31 C.F.R. § 1010.230.

  • Beneficial Ownership Interest means the right to receive payments and notices with respect to the Bonds held in a Book Entry System.

  • Percentage Stock Ownership means the percentage Stock Ownership interest of any Person or group (as the context may require) for purposes of Section 382 of the Code as determined in accordance with the Treasury Regulation § 1.382-2T(g), (h), (j) and (k) or any successor provision.

  • Defined Contribution Fraction means a fraction the numerator of which is the sum of the Annual Additions to the Participant's account under all the defined contribution plans (whether or not terminated) maintained by the Employer for the current and all prior Limitation years (including the Annual Additions attributable to the Participant's nondeductible voluntary contributions to this and all the defined benefit plans (whether or not terminated) maintained by the Employer and the Annual Additions attributable to all welfare benefit funds, as defined in section 419(e) of the Code or individual medical accounts, as defined in section 415(1)(2) of the Code, or a simplified employee pension, as defined in section 408(k) of the Code, maintained by the Employer), and the denominator of which is the sum of the Maximum Aggregate Amounts for the current and all prior Limitation Years of Service with the Employer (regardless of whether a defined contribution plan was maintained by the Employer). The Maximum Aggregate Amount in any Limitation Year is the lesser of one hundred twenty-five percent (125%) of the dollar limitation determined under Sections 415(b) and (d) of the Code in effect under section 415(c)(1)(A) of the Code or thirty-five percent (35%) of the Participant's Compensation for such year. If the Employee was a Participant as of the first day of the first Limitation Year beginning after December 31, 1986, in one or more defined contribution plans maintained by the Employer which were in existence on May 6, 1986, the numerator of this fraction will be adjusted if the sum of this fraction and the Defined Benefit Fraction would otherwise exceed one (1.0) times under the terms of this Plan. Under the adjustment, an amount equal to the product of (a) the excess of the sum of the fractions over 1.0 times (b) the denominator of this fraction will be permanently subtracted from the numerator of this fraction. The adjustment is calculated using the fractions as they would be computed as of the end of the last Limitation Year beginning before January 1, 1987, and disregarding any changes in the terms and condition of the Plans made after May 5, 1986, but using the limitation of section 415 of the Code applicable to the first Limitation Year beginning on or after January 1, 1987. The Annual Additions for any Limitation Year beginning before January 1, 1987 shall not be recomputed to treat all Employee contributions as Annual Additions.

  • Defined Benefit Plan Fraction means a fraction, the numerator of which is the projected annual benefit (determined as of the close of the relevant Plan Year) of the Participant under all Defined Benefit Plans maintained by one or more Related Companies, and the denominator of which is the lesser of (i) the product of 1.25 multiplied by the dollar limitation in effect under Section 415(b)(1)(A) of the Code for the Plan Year, or (ii) the product of 1.4 multiplied by the amount which may be taken into account under Section 415(b)(1)(B) of the Code with respect to the Participant for the Plan Year.

  • Per Certificate Entitlement means the per Certificate entitlement to the underlying Precious Metal specified in the Final Terms (the "Initial Per Certificate Entitlement") which is thereafter reduced by the Reduction Percentage.