TABLE OF INCOME OPTIONS Sample Clauses

TABLE OF INCOME OPTIONS. The following table is for this Contract whose net proceeds are $1,000, and will apply pro rata to the amount payable under this Contract. UNDER OPTION 4 MONTHLY INSTALLMENT UNDER OPTIONS 1 OR 3 No. of Monthly Install-ments Monthly Install-ments Age of Annui-tant No. of Mos. Certain Age of Annui-tant No. of Mos. Certain Age of Annui-tant No. of Mos. Certain Age of Annui-tant No. of Mos. Certain Male Life 120 240 Male Life 120 240 Female Life 120 240 Female Life 120 240 60 16.96 40 2.64 2.64 2.61 70 5.74 5.36 4.36 40 2.48 2.48 2.47 70 5.11 4.92 4.25 72 14.24 41 2.69 2.68 2.65 71 5.97 5.53 4.41 41 2.52 2.52 2.51 71 5.32 5.09 4.31 84 12.29 42 2.73 2.73 2.70 72 6.21 5.70 4.46 42 2.56 2.56 2.54 72 5.53 5.26 4.37 96 10.84 43 2.78 2.77 2.74 73 6.48 5.87 4.50 43 2.60 2.60 2.58 73 5.77 5.44 4.42 108 9.70 44 2.83 2.82 2.78 74 6.76 6.05 4.53 44 2.65 2.64 2.62 74 6.02 5.62 4.47 120 8.80 45 2.89 2.88 2.83 75 7.06 6.22 4.57 45 2.69 2.69 2.66 75 6.30 5.82 4.52 132 8.05 46 2.94 2.93 2.88 76 7.38 6.40 4.60 46 2.74 2.73 2.71 76 6.60 6.01 4.55 144 7.44 47 3.00 2.98 2.93 77 7.73 6.58 4.62 47 2.79 2.78 2.75 77 6.92 6.21 4.59 156 6.91 48 3.06 3.04 2.98 78 8.09 6.76 4.64 48 2.84 2.83 2.80 78 7.27 6.42 4.61 168 6.47 49 3.12 3.10 3.03 79 8.49 6.94 4.66 49 2.89 2.88 2.85 79 7.65 6.62 4.64 180 6.08 50 3.19 3.17 3.09 80 8.91 7.11 4.67 50 2.95 2.94 2.90 80 8.06 6.82 4.66 192 5.74 51 3.26 3.23 3.15 81 9.37 7.27 4.69 51 3.01 3.00 2.95 81 8.51 7.02 4.67 204 5.44 52 3.33 3.30 3.21 82 9.85 7.43 4.70 52 3.07 3.06 3.01 82 8.99 7.21 4.69 216 5.18 53 3.41 3.38 3.27 83 10.37 7.59 4.70 53 3.14 3.12 3.06 83 9.51 7.40 4.70 228 4.94 54 3.49 3.46 3.33 84 10.92 7.73 4.71 54 3.21 3.19 3.12 84 10.08 7.57 4.71 240 4.72 55 3.57 3.54 3.39 85 11.51 7.86 4.72 55 3.28 3.26 3.18 85 10.69 7.73 4.71 252 4.53 56 3.66 3.62 3.46 86 12.14 7.99 4.72 56 3.36 3.34 3.25 86 11.35 7.88 4.72 264 4.36 57 3.76 3.71 3.52 87 12.81 8.10 4.72 57 3.44 3.41 3.31 87 12.06 8.01 4.72 276 4.20 58 3.86 3.80 3.59 88 13.53 8.21 4.72 58 3.53 3.50 3.38 88 12.82 8.13 4.72 288 4.05 59 3.97 3.90 3.66 89 14.28 8.30 4.72 59 3.62 3.58 3.45 89 13.62 8.24 4.72 300 3.91 60 4.08 4.01 3.73 90 15.09 8.39 4.72 60 3.71 3.67 3.52 90 14.47 8.33 4.72 312 3.79 61 4.20 4.12 3.80 91 15.95 8.46 4.72 61 3.82 3.77 3.59 91 15.36 8.41 4.72 324 3.68 62 4.33 4.23 3.86 92 16.85 8.53 4.72 62 3.93 3.87 3.67 92 16.28 8.49 4.72 336 3.57 63 4.47 4.35 3.93 93 17.82 8.59 4.72 63 4.04 3.98 3.74 93 17.25 8.55 4.72 348 3.47 64 4.62 4.48 4.00 94 18.85 8.64 4.72 64 4.17 4.09 3....
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TABLE OF INCOME OPTIONS. The following table is for this Contract whose net proceeds are $1,000, and will apply pro rata to the amount payable under this Contract. No. of Monthly Age of No. of Mos. Age of No. of Mos. Age of No. of Mos. Age of No. of Mos. Monthly Install- Xxxxx- Xxxxxxx Xxxxx- Xxxxxxx Xxxxx- Xxxxxxx Xxxxx- Xxxxxxx Install- ments tant tant tant tant ments Male Life 120 240 Male Life 120 240 Female Life 120 240 Female Life 120 240 60 17.95 40 3.55 3.54 3.51 70 6.71 6.26 5.18 40 3.39 3.38 3.37 70 6.04 5.81 5.07 72 15.18 41 3.59 3.58 3.55 71 6.95 6.42 5.23 41 3.42 3.42 3.40 71 6.25 5.97 5.13 84 13.20 42 3.64 3.63 3.59 72 7.21 6.59 5.27 42 3.46 3.46 3.43 72 6.48 6.14 5.19 96 11.71 43 3.69 3.67 3.63 73 7.48 6.76 5.31 43 3.50 3.49 3.47 73 6.72 6.32 5.24 108 10.56 44 3.74 3.72 3.67 74 7.77 6.94 5.34 44 3.54 3.54 3.51 74 6.99 6.51 5.28 120 9.64 45 3.79 3.77 3.72 75 8.09 7.11 5.38 45 3.59 3.58 3.55 75 7.27 6.70 5.33 132 8.88 46 3.85 3.83 3.76 76 8.42 7.29 5.40 46 3.63 3.62 3.59 76 7.58 6.90 5.36 144 8.26 47 3.90 3.88 3.81 77 8.78 7.47 5.43 47 3.68 3.67 3.63 77 7.92 7.10 5.39 156 7.73 48 3.96 3.94 3.86 78 9.16 7.64 5.45 48 3.73 3.72 3.68 78 8.28 7.30 5.42 168 7.28 49 4.03 4.00 3.91 79 9.57 7.82 5.46 49 3.78 3.77 3.72 79 8.67 7.50 5.44 180 6.89 50 4.09 4.06 3.96 80 10.01 7.99 5.48 50 3.84 3.83 3.77 80 9.10 7.70 5.46 192 6.54 51 4.16 4.13 4.02 81 10.48 8.15 5.49 51 3.90 3.88 3.82 81 9.56 7.90 5.48 204 6.24 52 4.24 4.20 4.07 82 10.98 8.30 5.50 52 3.96 3.94 3.88 82 10.06 8.09 5.49 216 5.98 53 4.32 4.27 4.13 83 11.52 8.45 5.51 53 4.03 4.01 3.93 83 10.61 8.27 5.50 228 5.74 54 4.40 4.35 4.19 84 12.09 8.59 5.51 54 4.10 4.07 3.99 84 11.20 8.43 5.51 240 5.53 55 4.48 4.43 4.25 85 12.70 8.72 5.52 55 4.17 4.14 4.05 85 11.83 8.59 5.51 252 5.33 56 4.57 4.51 4.31 86 13.35 8.85 5.52 56 4.25 4.22 4.11 86 12.52 8.74 5.52 264 5.16 57 4.67 4.60 4.38 87 14.04 8.96 5.52 57 4.33 4.30 4.17 87 13.25 8.87 5.52 276 5.00 58 4.77 4.70 4.44 88 14.78 9.06 5.52 58 4.42 4.38 4.23 88 14.04 8.98 5.52 288 4.85 59 4.88 4.80 4.51 89 15.56 9.15 5.52 59 4.51 4.46 4.30 89 14.87 9.09 5.52 300 4.72 60 5.00 4.90 4.57 90 16.39 9.23 5.53 60 4.61 4.56 4.37 90 15.74 9.18 5.53 61 5.13 5.01 4.64 91 17.27 9.31 5.53 61 4.71 4.65 4.44 91 16.66 9.26 5.53 62 5.26 5.13 4.71 92 18.20 9.37 5.53 62 4.82 4.75 4.51 92 17.61 9.33 5.53 63 5.40 5.25 4.77 93 19.19 9.43 5.53 63 4.94 4.86 4.58 93 18.60 9.40 5.53 64 5.55 5.38 4.84 94 20.25 9.48 5.53 64 5.07 4.98 4.66 94 19.64 9.45 5.53 65 5.72 5.51 4.90 95 21.38 9.52 5.53 65 5.20 5.10 4.73 95 ...
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Related to TABLE OF INCOME OPTIONS

  • Non-Qualified Stock Options The Options granted hereunder are not intended to be Incentive Stock Options or Qualified Stock Options.

  • Stock Options With respect to the stock options (the “Stock Options”) granted pursuant to the stock-based compensation plans of the Company and its subsidiaries (the “Company Stock Plans”), (i) each Stock Option intended to qualify as an “incentive stock option” under Section 422 of the Code so qualifies, (ii) each grant of a Stock Option was duly authorized no later than the date on which the grant of such Stock Option was by its terms to be effective (the “Grant Date”) by all necessary corporate action, including, as applicable, approval by the board of directors of the Company (or a duly constituted and authorized committee thereof) and any required stockholder approval by the necessary number of votes or written consents, and the award agreement governing such grant (if any) was duly executed and delivered by each party thereto, (iii) each such grant was made in accordance with the terms of the Company Stock Plans, the Exchange Act and all other applicable laws and regulatory rules or requirements, including the rules of the New York Stock Exchange and any other exchange on which Company securities are traded, and (iv) each such grant was properly accounted for in accordance with GAAP in the financial statements (including the related notes) of the Company and disclosed in the Company’s filings with the Commission in accordance with the Exchange Act and all other applicable laws. The Company has not knowingly granted, and there is no and has been no policy or practice of the Company of granting, Stock Options prior to, or otherwise coordinating the grant of Stock Options with, the release or other public announcement of material information regarding the Company or its subsidiaries or their results of operations or prospects.

  • Company Stock Options (a) At the Effective Time, each outstanding stock option (each a "Company Stock Option" and, collectively, the "Company Stock Options") granted pursuant to the terms and conditions of the Company's stock option plans and arrangements (collectively, the "Company Stock Option Plans"), whether or not exercisable, shall be converted into and become rights with respect to Parent Common Stock, and the Parent shall assume the Company's obligations with respect to each Company Stock Option and the related Company Stock Option Plan, in accordance with its terms, except that from and after the Effective Time (i) Parent and its compensation committee shall be substituted for the Company and the committee of the Company's Board of Directors (including, if applicable, the entire Company Board) administering the Company Stock Option Plan, if any, under which such Company Stock Option was granted or otherwise governed, (ii) each Company Stock Option assumed by Parent may be exercised solely for shares of Parent Common Stock, (iii) the number of shares of Parent Common Stock subject to such Company Stock Option shall be equal to the number of whole shares (rounded to the nearest whole share) of Company Common Stock subject to such Company Stock Option immediately prior to the Effective Time multiplied by the Exchange Ratio, (iv) the per share exercise price under each such Company Stock Option shall be adjusted by dividing the per share exercise price under each such Company Stock Option by the Exchange Ratio and rounding to the nearest whole cent, and (v) all references in the Company Stock Option Plans and the stock option certificates and agreements to the Company (or its predecessors) shall be deemed to refer to Parent. Notwithstanding the provisions of clauses (iii) and (iv) of the first sentence of this Section 2.04(a), each Company Stock Option which is an "incentive stock option" shall be adjusted as required by Section 424 of the Code, and the regulations promulgated thereunder, so as not to constitute a modification, extension or renewal of such Company Stock Option, within the meaning of Section 424(h) of the Code.

  • Coverage Options Eligible employees may select coverage under any one of the dental plans offered by the Employer, including health maintenance organization plans, the State Dental Plan, or other dental plans. Coverage offered through health maintenance organization plans is subject to change during the life of this Agreement upon action of the health maintenance organization and approval of the Employer after consultation with the Joint Labor/Management Committee on Health Plans. However, actuarial reductions in the level of HMO coverages effective during the term of this Agreement, including increases in copayments, require approval of the Joint Labor/Management Committee on Health Plans. Coverage offered through the State Dental Plan is determined by Section 7A2.

  • Limitation on Preferred Stock of Restricted Subsidiaries The Company will not permit any of its Restricted Subsidiaries to issue any Preferred Stock (other than to the Company or to a Wholly Owned Restricted Subsidiary of the Company) or permit any Person (other than the Company or a Wholly Owned Restricted Subsidiary of the Company) to own any Preferred Stock of any Restricted Subsidiary of the Company.

  • Treatment of Expired Options and Unexercised Convertible Securities If, in any case, the total number of shares of Common Stock issuable upon exercise of any Option or upon conversion or exchange of any Convertible Securities is not, in fact, issued and the rights to exercise such Option or to convert or exchange such Convertible Securities shall have expired or terminated, the Exercise Price then in effect will be readjusted to the Exercise Price which would have been in effect at the time of such expiration or termination had such Option or Convertible Securities, to the extent outstanding immediately prior to such expiration or termination (other than in respect of the actual number of shares of Common Stock issued upon exercise or conversion thereof), never been issued.

  • Treatment of Options and Convertible Securities In case the Company at any time or from time to time after the date hereof shall issue, sell, grant or assume, or shall fix a record date for the determination of holders of any class of securities entitled to receive, any Options or Convertible Securities, then, and in each such case, the maximum number of Additional Shares of Common Stock (as set forth in the instrument relating thereto, without regard to any provisions contained therein for a subsequent adjustment of such number) issuable upon the exercise of such Options or, in the case of Convertible Securities and Options therefor, the conversion or exchange of such Convertible Securities, shall be deemed to be Additional Shares of Common Stock issued as of the time of such issue, sale, grant or assumption or, in case such a record date shall have been fixed, as of the close of business on such record date (or, if the Common Stock trades on an ex-dividend basis, on the date prior to the commencement of ex-dividend trading), provided that such Additional Shares of Common Stock shall not be deemed to have been issued unless the consideration per share (determined pursuant to Section 2.5) of such shares would be less than the Current Market Price immediately prior to such issue, sale, grant or assumption or immediately prior to the close of business on such record date (or, if the Common Stock trades on an ex-dividend basis, on the date prior to the commencement of ex-dividend trading), as the case may be, and provided, further, that in any such case in which Additional Shares of Common Stock are deemed to be issued

  • Stock Options and Warrants At the Effective Time of the Merger, each outstanding option to purchase Company Common Stock (each, a "Company Stock Option"), whether or not granted under the Company Option Plan, and all outstanding warrants to purchase Company Common Stock the outstanding whether or not vested, shall by virtue of the Merger be assumed by Parent. Each Company Stock Option and Warrant so assumed by Parent under this Agreement will continue to have, and be subject to, the same terms and conditions of such options immediately prior to the Effective Time of the Merger (including, without limitation, any repurchase rights or vesting provisions and provisions regarding the acceleration of vesting on certain transactions), except that (i) each Company Stock Option and Warrant will be exercisable (or will become exercisable in accordance with its terms) for that number of whole shares of Parent Common Stock equal to the product of the number of Company Shares that were issuable upon exercise of such Company Stock Option or Warrant immediately prior to the Effective Time of the Merger multiplied by the Exchange Ratio, rounded down to the nearest whole number of shares of Parent Common Stock if the said product is equal to or less than the fraction of one-half (.5) of one Parent Common Stock or rounded up to the nearest whole number of shares of Parent Common Stock if the said product is greater than the fraction of one-half (.5) of one Parent Common Stock, and (ii) the per share exercise price for the shares of Parent Common Stock issuable upon exercise of such assumed Company Stock Option and Warrant will be equal to the quotient determined by dividing the exercise price per Company Share at which such Company Stock Option and Warrant was exercisable immediately prior to the Effective Time of the Merger by the Exchange Ratio, rounded up to the nearest whole cent. Parent shall comply with the terms of all such Company Stock Options and Warrants and use its best efforts to ensure, to the extent required by, and subject to the provisions of, the Company Option Plan and permitted under the Code or other relevant laws and regulations that any Company Stock Option that qualified for tax treatment under Section 424(b) of the Code prior to the Effective Time of the Merger continue to so qualify after the Effective Time of the Merger. Parent shall take all corporate actions necessary to reserve for issuance a sufficient number of shares of Parent Common Stock for delivery upon exercise of all Company Stock Options and Warrants on the terms set forth in this Section 2.03(b).

  • Options and Convertible Securities The consideration per share received by the Company for Additional Shares of Common Stock issued pursuant to Section 3.3(2), relating to Options and Convertible Securities, shall be determined by dividing:

  • Capital Stock and Related Matters The authorized Equity Interests as of the Agreement Date of each Borrower Party and each Subsidiary of a Borrower Party that is a corporation and the number of shares of such Equity Interests that are issued and outstanding as of the Agreement Date are as set forth on Schedule 5.1(d). All of the shares of such Equity Interests in Domestic Subsidiaries that are issued and outstanding as of the Agreement Date have been duly authorized and validly issued and are fully paid and non-assessable. None of such Equity Interests in Domestic Subsidiaries have been issued in violation of the Securities Act, or the securities, “Blue Sky” or other Applicable Laws of any applicable jurisdiction. As of the Agreement Date, the Equity Interests of each such Borrower Party (other than Parent) and each such Subsidiary of a Borrower Party are owned by the parties listed on Schedule 5.1(d) in the amounts set forth on such schedule and a description of the Equity Interests of each such party is listed on Schedule 5.1(d). As of the Agreement Date, except as described on Schedule 5.1(d), no Borrower Party (other than Parent) or any Subsidiary of a Borrower Party has outstanding any stock or securities convertible into or exchangeable for any shares of its Equity Interests, nor are there any preemptive or similar rights to subscribe for or to purchase, or any other rights to subscribe for or to purchase, or any options for the purchase of, or any agreements providing for the issuance (contingent or otherwise) of, or any calls, commitments, or claims of any character relating to, any Equity Interests or any stock or securities convertible into or exchangeable for any Equity Interests. Except as set forth on Schedule 5.1(d), as of the Agreement Date, no Borrower Party or any Subsidiary of any Borrower Party is subject to any obligation (contingent or otherwise) to repurchase or otherwise acquire or retire any shares of its Equity Interests or to register any shares of its Equity Interests, and there are no agreements restricting the transfer of any shares of such Borrower Party’s or such Subsidiary’s Equity Interests.

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