Dividend Option definition

Dividend Option means the option available to the Customer to choose between the Dividend Payout, Dividend Reinvestment or Dividend Transfer facility as may be available in the Schemes as defined in their respective Scheme Information Documents and addenda to such document.
View Source

Examples of Dividend Option in a sentence

  • Account Maintenance Process all written and telephone (Address Changes, Dividend Option maintenance.

  • Check one: [_] Option A [_] Option B [_] Option C (Face amount [_] Option D (Face amount times Option (Level) (Increasing) plus premiums less the death benefit factor) distributions) ------------------------------------------------------------------------------------------------------------------------------------ Dividend Option 5.

  • For address (Address Option Changes, Name Changes, Changes, Dividend Option changes, prepare Broker or Dealer Changes, etc.) and mail a notice of the address change to the former address.

  • For address (Address Changes, Dividend Option changes, prepare and mail a notice of the address change to Changes, Name Changes, Broker or the former address.

Related to Dividend Option

  • Dividend Equivalent Unit means the right to receive a payment, in cash or Shares, equal to the cash dividends or other cash distributions paid with respect to a Share.

  • Phantom Share means a right, pursuant to the Plan, of the Grantee to payment of the Phantom Share Value.

  • Share Appreciation Right means the right pursuant to an Award granted under Section 8 below to receive an amount equal to the excess, if any, of (i) the aggregate Fair Market Value, as of the date such Award or portion thereof is surrendered, of the Shares covered by such Award or such portion thereof, over (ii) the aggregate Exercise Price of such Award or such portion thereof.

  • Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.

  • Phantom Stock means a right granted to an Eligible Individual under Section 12 representing a number of hypothetical Shares.