{"component": "definition", "props": {"groups": [{"size": 8, "snippet": "has the meaning set forth in Section 4.1(b) of this Agreement.", "snippet_links": [{"key": "this-agreement", "type": "clause", "offset": [47, 61]}], "samples": [{"hash": "icGeJ2CF6et", "uri": "/contracts/icGeJ2CF6et#first-option", "label": "Shareholder Agreement (Ralcorp Holdings Inc)", "score": 18.0, "published": true}, {"hash": "i74u5TSP1Ph", "uri": "/contracts/i74u5TSP1Ph#first-option", "label": "Shareholder Agreement (Ralcorp Holdings Inc /Mo)", "score": 18.0, "published": true}, {"hash": "bLRiFRKrEVI", "uri": "/contracts/bLRiFRKrEVI#first-option", "label": "Shareholder Agreement (Ralcorp Holdings Inc /Mo)", "score": 18.0, "published": true}], "hash": "2b1a9824f399eeff51e26b54945e14a9", "id": 1}, {"size": 8, "snippet": "INCOME FOR A SPECIFIED NUMBER OF YEARS. The Company will make equal monthly payments which will include both principal and interest. Payments will begin on the Option Date and will continue for the number of years elected, which may not be more than 30. Interest is at the rate of 3 1/2% per year compounded yearly. Additional interest paid by the Company for any year will be added to the monthly payments for that year. Guaranteed monthly payments per $1,000 of proceeds applied to the First Option are shown below: -------------------------------------------------------------------------------- Number Number Number of Years of Years of Years -------------------------------------------------------------------------------- 1 $84.65 11 $9.09 21 $5.56 2 43.05 12 8.46 22 5.39 3 29.19 13 7.94 23 5.24 4 22.27 14 7.49 24 5.09 5 18.12 15 7.10 25 4.96 6 15.35 16 6.76 26 4.84 7 13.38 17 6.47 27 4.73 8 11.90 18 6.20 28 4.63 9 10.75 19 5.97 29 4.53 10 9.83 20 5.75 30 4.45 SECOND OPTION: LIFE INCOME. The Company will make equal monthly payments. Payments will begin on the Option Date and will continue: . 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