Standard Election definition

Standard Election means a default Program election applicable to your Contribution Rate and your Investment Option if you do not choose a Custom Election.
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Standard Election has the meaning set forth in Section 2.2(c)(ii).
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Standard Election means the default Program elections applicable to you if you do not choose Alternate Elections.
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Examples of Standard Election in a sentence

  • Promptly after the Effective Time, the Exchange Agent will send to each holder of Shares a letter of transmittal and instructions (which shall specify that the delivery shall be effected, and risk of loss and title shall pass, only upon proper delivery of the Certificates to the Exchange Agent) for use in such exchange, and to each holder of Shares an election form (the "Election Form") providing for such holders to make the Standard Election, the Cash Election or the Stock Election.

  • There are three elections to choose from: the Standard Election; the Cash Election; and the Stock Election.

  • If any Dissenting Shareholder shall fail to perfect or shall have effectively withdrawn or lost the right to dissent, the Shares held by such Dissenting Shareholder shall thereupon be treated as though such Shares had been converted into the right to receive the Standard Election Consideration pursuant to Section 2.1(b).

  • However, if the Average Stock Price is greater than or equal to $36.00 and less than or equal to $41.00, the value of the per share Merger Consideration payable to each APY Public Stockholder may vary depending on (i) the Average Stock Price, (ii) whether such holder makes a Standard Election, a Stock Election or a Cash Election, and (iii) the combination of cash and AFC Common Stock actually received by such holder as a result of the proration procedures described below.

  • See also OSCE/ODIHR, Resolving Election Disputes in the OSCE Area: Toward a Standard Election Dispute Monitoring System (2000), par A.5, <http://www.osce.org/odihr/elections/17567>.

  • As of the Election Deadline (as defined in Section 2.3(d)) all holders of Company Common Stock immediately prior to the Effective Time (excluding any shares of Company Common Stock that (i) are cancelled pursuant to Section 2.2(c) or (ii) are exchanged in the Recapitalization) that shall not have properly submitted to the Exchange Agent, or that shall have properly revoked, an effective, properly completed Election Form shall be deemed to have made a Standard Election (each a "Deemed Standard Election").

  • If other than a Standard Election is made, the effect of the proration may cause the mix of cash and AFC Common Stock actually received by an APY Public Stockholder to differ from the election made by such holder; as a result the value of consideration received would also vary accordingly.

  • As of the Election Deadline (as defined below) all holders of APY Common Stock immediately prior to the Effective Time that shall not have submitted to the Exchange Agent or shall have properly revoked an effective, properly completed Election Form shall be deemed to have made a Standard Election.

  • If the Average Stock Price is below $36.00 per share or above $41.00 per share (any such Average Stock Price being referred to herein as being "Outside the Collar"), the value of the per share consideration payable to each APY Public Stockholder will be equivalent regardless of whether such holder makes a Standard Election, a Cash Election or a Stock Election.

  • If an APY Public Stockholder makes a Standard Election or a Cash Election, the Merger Consideration received by such holder will be a minimum of $32.00 per share.


More Definitions of Standard Election

Standard Election shall have the meaning ascribed to it in Section 2.1(g)(iii)(A).
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Standard Election means an election validly made by a Target Securityholder in an Election Form to receive Standard Consideration. Subsidiary has the meaning given in the Corporations Act, but so that:
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Related to Standard Election

  • 10) Election has the meaning set forth in Section 6.05(a).

  • Mixed Election has the meaning set forth in Section 3.01(b)(iii).

  • Qualified Election means a Participant's waiver of a Qualified Joint and Survivor Annuity or a Qualified Pre-Retirement Survivor Annuity. Any such waiver must be consented to in writing by the Participant's Spouse. The Spouse's consent must: designate a specific Beneficiary (including any class of Beneficiaries or any contingent Beneficiaries, which may not be changed without spousal consent) or expressly permits designations by the Participant without any further spousal consent; acknowledge the effect of the election; and be witnessed by a member of the Committee or a Notary Public. Additionally, a Participant's waiver of the Qualified Joint and Survivor Annuity shall not be effective unless the election designates a form of benefit payment which may not be changed without spousal consent (or the Spouse expressly permits designations by the Participant without any further spousal consent). Notwithstanding this consent requirement, if the Participant establishes to the satisfaction of a member of the Committee that there is no Spouse or the Spouse cannot be located, a waiver will be deemed a Qualified Election. Any spousal consent (or deemed spousal consent) obtained under this provision will be valid only with respect to such Spouse. A consent that permits designations by the Participant without further consent by such Spouse must acknowledge that the Spouse has the right to limit consent to a specific Beneficiary and, where applicable, a specific form of benefit, and that the Spouse voluntarily elects to relinquish either or both of such rights. A revocation of a prior waiver may be made by a Participant without the consent of the Spouse at any time before the commencement of benefits. The number of revocations shall not be limited. No consent obtained under this provision shall be valid unless the Participant has received notice as provided in paragraph (b) below.

  • Primary election means any regular primary election held under the election

  • Bond election means an election held for the purpose of approving or rejecting

  • LCA Election has the meaning specified in Section 1.09(a).

  • Voice Initiated Election means any election concerning dividend options available to Investment Company shareholders or subscribers which is requested by voice over the telephone.

  • Distribution Election With respect to any Series, as specified in the related Supplement.

  • Regular primary election means the election on the fourth Tuesday of June of

  • Form of Election has the meaning assigned in Section 3.3(b).

  • Qualified Election Period means the six Plan Year period beginning with the Plan Year in which the Participant first becomes a Qualified Participant.

  • Distribution Election Form means the form established from time to time by the Plan Administrator that the Director completes, signs and returns to the Plan Administrator to designate the time and form of distribution.

  • Contested Election means any election of Directors in which the number of persons nominated for election as Directors in accordance with Section 7 of Article I exceeds the number of Directors to be elected, with the determination that any election of Directors is a Contested Election to be made by the Secretary or other officer of the Fund prior to the time the Fund mails its initial proxy statement in connection with such election of Directors. If, prior to the time the Fund mails its initial proxy statement in connection with such election of Directors, one or more persons nominated for election as a Director are withdrawn such that the number of persons nominated for election as Director no longer exceeds the number of Directors to be elected, such election shall not be considered a Contested Election.

  • Deferral Election means the Participant’s election under Section 3.1 to defer all or a portion of his or her Compensation.

  • Regular election means an election held on a regular election date to elect an individual to, or nominate an individual for, elective office in the regular course of the terms of that elective office.

  • LCT Election has the meaning assigned to such term in Section 1.06.

  • Section 336(e) Election has the meaning set forth in Section 7.06.

  • Deferral Election Form means each form established from time to time by the Administrator that the Executive completes, signs and returns to the Administrator to designate the amount of Deferrals.

  • Election cycle means the period beginning on the first day persons are eligible to

  • Election Form means the form established from time to time by the Committee that a Participant completes, signs and returns to the Committee to make an election under the Plan.

  • Settlement Method Election Date With respect to any Settlement of any Transaction, the 2nd Scheduled Trading Day immediately preceding (x) the Valuation Date for such Transaction, in the case of Physical Settlement, or (y) the First Unwind Date for such Transaction, in the case of Cash Settlement or Net Share Settlement.

  • Qualified elector means an individual at least 18 years of age who is a citizen of the United States, a permanent resident of this state, and a resident of the district who registers with the supervisor of elections of a county within which the district lands are located when the registration books are open.

  • by-election means an election other than a general election;

  • Payment Election means an election pursuant to Section 5.1.

  • Special election means an election held as authorized by Section 20A-1-203.

  • Non-Elective Contribution means the Employer contributions to the Plan excluding, however, contributions made pursuant to the Participant's deferral election provided for in Section 4.2 and any Qualified Non-Elective Contribution used in the "Actual Deferral Percentage" tests.