Present Value. All present value calculations under this Agreement shall be based on the following discount rate: Discount Rate: The discount rate as used in the APB 12 calculations for this Agreement. The initial rate shall be six percent (6%).
Appears in 3 contracts
Samples: Executive Salary Continuation Agreement (Central Valley Community Bancorp), Second Executive Salary Continuation Agreement (Central Valley Community Bancorp), Second Executive Salary Continuation Agreement (Central Valley Community Bancorp)
Present Value. All present value calculations under this Agreement shall be based on the following discount rate: Discount Rate: The discount rate as used in the APB 12 calculations for this AgreementAgreement shall comply with the accounting standards contained in ASC 715. The initial rate shall be six two and 71/100 percent (62.71%)) and shall be adjusted quarterly.
Appears in 3 contracts
Samples: Executive Salary Continuation Agreement (Central Valley Community Bancorp), Executive Salary Continuation Agreement (Central Valley Community Bancorp), Executive Salary Continuation Agreement (Central Valley Community Bancorp)
Present Value. All present value calculations under this Agreement shall be based on the following discount rate: Discount Rate: The discount rate as used in the APB 12 FASB 87 calculations for this Agreement. The initial rate shall be six percent (6%).
Appears in 2 contracts
Samples: Executive Salary Continuation Agreement (Central Valley Community Bancorp), Executive Salary Continuation Agreement (Central Valley Community Bancorp)
Present Value. All present value calculations under this Agreement shall be based on the following discount rate: Discount Rate: The discount rate as used in the APB 12 calculations for this AgreementAgreement shall comply with the accounting standards contained in ASC 715. The initial rate shall be six four and 42/100 percent (64.05%)) and shall be adjusted quarterly.
Appears in 1 contract
Samples: Executive Salary Continuation Agreement (Central Valley Community Bancorp)
Present Value. All present value calculations under this Agreement shall be based on the following discount rate: Discount Rate: The discount rate as used in the APB 12 calculations for this AgreementAgreement shall comply with the accounting standards contained in ASC 715. The initial rate shall be six four and 42/100 percent (64.42%)) and shall be adjusted quarterly.
Appears in 1 contract
Samples: Executive Salary Continuation Agreement (Central Valley Community Bancorp)
Present Value. All present value calculations under this Agreement shall be based on the following discount rate: Discount Rate: The discount rate as used in the APB 12 calculations for this Agreement. The initial rate shall be six four and 55/100 percent (64.55%).
Appears in 1 contract
Samples: Executive Salary Continuation Agreement (Central Valley Community Bancorp)
