Plan Payment definition

Plan Payment means a Payment paid or payable pursuant to this Plan (disregarding this Section 13.2);
Plan Payment means a Payment paid or payable pursuant to the Plan (disregarding this Section 8(d));
Plan Payment is a cash payment, calculated as follows: A. [the number of 2013 PRS Units (whether or not the 2013 PRS Units have expired or vested), such amount being 250,000] B. [the highest performance multiplier applicable to the 2013 PRS Units, such amount being 2.5] C. [the Fair Market Value (as defined in the Amended and Restated Equity Incentive Plan)] D. [the gross amount of cash, if any, paid by the Corporation, or cash value of shares provided by the Corporation, to the Executive prior to such date in respect of the 2013 PRS Units], such ETR Plan Payment shall be less required withholdings.

Examples of Plan Payment in a sentence

  • This amount includes your current statement New Balance, minus your Installment Plan Remaining Balance and any eligible Promotional Balances (if applicable), plus your monthly Installment Plan Payment amount due.

  • Upon request by ARPA-E, the Prime Recipient is required to provide ARPA-E with additional supporting documentation for its Budget Plan Payment request.

  • The Income Plan Payment Tables contain guaranteed monthly income payment factors per $1,000 applied, which were calculated using the Annuity 2000 Mortality Tables and an annualized effective interest rate of 2%.

  • Consistent with Clause 25(a), all Budget Plan Payment requests must be submitted by the Prime Recipient.

  • The “Income Plan Payment Tables” shown below apply to the Optional Income Plans.


More Definitions of Plan Payment

Plan Payment means disbursements contemplated in the Plan.
Plan Payment means for a Participant the product of (a) 125% of the Participant's base salary as of December 31, 1998, as set forth on Exhibit A hereto opposite such Participant's name under the heading "Base Award Amount" multiplied by (b)such Participant's Vested Percentage as of the Payment Date.
Plan Payment means the payment by the Settling Insurers to the Estate of a sum equal to fifty percent (50%) of their respective portion of the Insurance Settlement Amount for the releases contained in the Insurance Settlement Agreements.
Plan Payment shall have the meaning set forth in § 8.1.2.
Plan Payment means the payments certain employees may become entitled to receive under the Ingeus Transaction Bonus Plan in force as of the date of this Agreement; “Plan Payment Schedule” has the meaning given in clause 6.5; “Polish Entity” means Ingeus Sp z.o.o (▇▇▇▇▇▇▇▇▇▇); “Pre-Completion means the reorganisation of the Target Group and Reorganisation” the Retained Group to be undertaken prior to Completion including in respect of: (i) the repayment of loans between the Target Group and the Retained Group (including by way of capitalisation, forgiveness, distribution or transfer); (ii) the payment of cash from the Target Group to the Retained Group (as permitted by this Agreement); (iii) the transfer of certain subsidiaries from IIL to IEL; (iv) the sale of IIL to Providence or to one of its subsidiaries; (v) the transfer of Ingeus Australia Pty Limited to Ingeus Pty Limited; and
Plan Payment means a Payment paid or payable pursuant to this Plan (disregarding this Section 5); (iv) "Net After Tax Receipt" shall mean the Present Value of a Payment net of all taxes imposed on a Designated Employee with respect thereto under Sections 1 and 4999 of the Code, determined by applying the highest marginal rate under Section 1 of the Code which applied to the Designated Employee's taxable income for the immediately preceding taxable year; (v) "Present Value" shall mean such value determined in accordance with Section 280G(d)(4) of the Code; (vi) "Reduced Amount" shall mean the greatest aggregate amount of Plan Payments which (A) is less than the sum of all Plan Payments and (B) results in aggregate Net After Tax Receipts which are equal to or greater than the Net After Tax Receipts which would result if the Designated Employee were paid the sum of all Plan Payments; (vii) "Accounting Firm" shall mean KPMG Peat Marwick LLP or such other certified public accounting firm as may be designated by a Designated Employee; and (viii) "Excise Tax" means the excise tax imposed by Section 4999 of the Code and any interest or penalties with respect to such excise tax.
Plan Payment means a Payment paid or payable pursuant to this Plan (disregarding Section 11(D)).