Hypothetical Example. For the purpose of the avoidance of any confusion, by way of hypothetical example only: if an executive shall terminate employment during the twenty-fourth (24th) month of a thirty-six (36) month performance-based incentive program for the permitted reasons specified in Section 2.2.3 above and is otherwise entitled to participate in the performance-based incentive program, and if the performance-based incentives are achieved and certified by the Company in full satisfaction of the incentive targets, the executive shall receive (81.94%) pro-rata vesting of the applicable awards and Stock Grants at the designated time. The formula: % of the number of complete months of employment (23 ÷ 36 = 63.88%) + 100% = 163.88% ÷ 2 = 81.94% pro-rata award.
Hypothetical Example. Subject to appropriate Congressional authorizations, construct a renewable power generating or hybrid renewable/conventional power generating facility on Indian lands closer to load centers that could produce a revenue stream that would be dedicated to reducing the costs related to tribal water supplies or supply a revenue stream to the Development Fund to offset reduced revenues from the reduced sale of excess NGS power supplies. Assumptions/Constraints/Notations – Options do not necessarily need to off-set NGS power production. o The above hypothetical example could either provide a source of power for the CAP pumping needs to offset NGS power or all the power could be sold to provide a revenue stream and NGS would continue to supply all power needs of the CAP project. – Options may be revenue generating. o If, in the above hypothetical example, power is marketed solely to provide a revenue stream, that revenue stream could be used to either buy down the cost of water for Tribes or provide a revenue stream to the Development Fund. – Options should have an energy nexus (other non-energy revenue generating initiatives may be explored under a complementary initiative) and may be inclusive of power generation or some degree of energy intensity reduction initiatives. – Final BART Rule may be a constraint to the consideration of some potential options; however, some options may be independent of BART and evaluated on a “no-regrets basis,” i.e., they would be potentially viable under any foreseeable BART outcome. – Information generated during this scope element may be of use in preparation of the NGS-KMC EIS. – Potential Non-Federal Participants o Affected CAP Tribes o CAWCD o Arizona Department of Water Resources (ADWR) o Governor of Arizona – Federal agencies’ participation may be limited to those that have applicable authority, programs or interests. – Programmatic funds may be allocated to conduct planning evaluations of potential options: for example, potential use of “programmatic” resources or existing authorized projects/studies to evaluate power-/water-related options that would produce economic benefits as an off-set to the NGS benefits currently supporting the tribes. – Some elements of the Development Fund may be able to provide funding to implement this scope element or a subsequent project. o Because this could be considered an implementation action necessary under AWSA, it may be possible to utilize funding that currently exists in the Developme...
Hypothetical Example. Assume that a student, upon enrollment in a 300 hour course, pays $2300 for tuition, including a $100 registration fee, and withdrawals after completing 50 hours. The refund to the student would be $1833.33 based on the calculation below.
Hypothetical Example. “Xxxxxxx Farm” 200 acre farm and forest preserved with the ability to maintain current residence, garage, barn, and hay barn, and build a limited number of additional agricultural structures. A buffer of 100’ of vegetation will be maintained along the river running through the property and that area will remain undisturbed. Farming, timber management, and hunting will continue. Appraised Values: Highest Best Use (Before Conservation Agreement) ($5,000 x 200) = $1,000,000 w/Conservation Agreement (After) ($3,000x200) = $ 600,000 Conservation Value (Federal Tax Deduction) $ 400,000 State Tax Credit $ 50,000 Federal Tax Deduction The Federal tax deduction is based on the appraised Conservation Value. Under current law, the total amount deductible in any one year may not exceed 50 percent of adjusted gross income (AGI), or for qualifying farmers, 100 percent of AGI. If it exceeds 50 percent, it can be carried forward for up to fifteen additional years. In the case of newly purchased property, the new owner must wait at least one year to take advantage of deductions above the purchase price of the property (purchase price vs. appraised value). This is a highly simplified example of the possible tax benefits of a conservation Agreement. The landowner should consult with his or her own attorney, financial advisor and appraiser to determine the availability and extent of any tax benefits of a particular conservation plan. In order to qualify as a tax-deductible contribution the Agreement must meet at least one conservation purpose as defined by IRC § 170(h)(4)(A). South Carolina State Tax Credit The South Carolina Conservation Incentives Act (S.C. Code Xxx. Section 12-6-3515) provides that landowners who have qualified for and claimed on their federal income tax return a charitable deduction for either a gift of land for conservation or the granting of a conservation agreement on their land may claim a state tax credit, which is a dollar-for-dollar reduction in the amount of South Carolina income tax owed. The amount of the state credit is equal to 25 percent of the total amount of the federal deduction, subject to two caps: the credit cannot exceed $250 per acre, and the total amount of the credit used in any one year cannot exceed $52,500. Any unused credit, however, can be carried forward to succeeding taxable years. There is one other notable aspect of the law: the credits can be transferred or sold. This means that a landowner who may not need the tax credit ...
Hypothetical Example. Suppose that (i) as of the Termination Date the vested portions of Gardxxx'x xxxions, after all acceleration of vesting as of the Termination Date, are for 1 million shares of the Company's common stock at a hypothetical strike price of $80 per share, and (ii) the closing price of the Company's common stock on the Termination Date was a hypothetical $92 per share. In that case, the vested portions of Gardxxx'x xxxions in the Company's stock will be deemed to have appreciated by $12 million (i.e., $92 per share minus $80 per share, times 1 million shares).
Hypothetical Example. At the end of five Train the Trainer events, of the 25 trainees, ten agree to lead Safe Routes to School activities at their schools.
Hypothetical Example. 1. If part-time status (base FTE) is determined to be 0.5 FTE and full-time prep is determined to be 0.167 then the pro-rated prep is 0.5 of 0.167, which equals 0.0835.
