Plan Option definition

Plan Option means a medical scheme Plan Option which provides a specific set of benefits, terms and conditions for a defined contribution;

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Plan Option means the Career Endowment Option or the Wedding Endowment Option selected by the Policyholder in the application form and as indicated in Schedule of this policy. Plan Option once chosen at the time of inception of the Policy cannot be changed subsequently during the Policy Term.

Plan Option means the investment option available to Participants under the Plan for which this Contract serves as the funding vehicle.

Examples of Plan Option in a sentence

• Withdrawal of the present value of any unpaid income payments may be elected at any time by the beneficiary, except that withdrawal may not be elected under a Life Income Plan (Option C or E) until the death of all individuals upon whose lives income payments depend.

• This Agreement, together with the Option Plan, Option Agreement and the Confidential Information Agreement represents the entire agreement and understanding between the parties as to the subject matter herein and supersedes all prior or contemporaneous agreements whether written or oral.

• Life Income Plan (Option C or E) rates are based on the sex and adjusted age of any individual upon whose life payments depend.

• A beneficiary receiving payments under a variable payment plan may transfer from an Installment Income Plan (Option B) to either form of the Life Income Plan (Option C or E).

• The withdrawal value under the Installment Income Plan (Option B) will be the present value of any unpaid payments.

More Definitions of Plan Option

Plan Option. : means the level cover option or the reducing cover option which the Member can choose from provided the same is opted by the Policyholder

Plan Option or "Options") to purchase shares of ATSI Common granted under the UAC Holdings Corporation 1995 Stock Option Plan (the "ATSI Stock Option Plan") shall be converted into and become an option to purchase the ATSI Option Conversion Number of shares of AGI Common at the ATSI Option Conversion Price and otherwise upon the same terms and subject to the same conditions as set forth in the ATSI Stock Option Plan. A sufficient number of shares of AGI Common shall be reserved for purposes of the ATSI Stock Option Plan as of the ATSI Effective Time. As of the ATSI Effective Time, AGI hereby assumes all obligations of ATSI under the ATSI Stock Option Plan, the outstanding Plan Options or portions thereof granted pursuant to the ATSI Stock Option Plan. The ATSI Option Conversion Number shall mean (a) the ATSI Equity Value Per Share multiplied by the total number of shares for which the option in question may be exercised as of the Determination Time (whether or not such option is vested and whether or not such option is immediately exercisable), divided by (b)

Plan Option. A: Employees Electing Medical Coverage Medical - MESSA Dental - Delta Dental of Michigan Vision - Vision Service Plan (VSP3) Life - MESSA Long-Term Disability – MESSA Plan Option B: Employees Declining Medical Coverage Dental - Delta Dental of Michigan Vision - Vision Service Plan (VSP) Life - MESSA Long Term Disability - MESSA Cash-in-Lieu of Medical Payment Non-Medical Plan Employees Annual Amount Monthly Amount

Plan Option means an outstanding option to purchase Company Common Stock granted under the Company Option Plan.

Plan Option means a right, other than a Performance Right, to subscribe for or otherwise acquire a Plan Share under the Plan.

Plan Option means the Plan coverage and Benefit options A or B described

Plan Option means the plan option(s) of benefit(s) selected by the Policyholder as identified in the Policy Schedule.