Option 1 definition

Option 1. [X] On the basis of actual hours for which an Employee is paid or entitled to payment.
Option 1. Life Income Monthly Income per $1,000 Year of Annuitization 2010 2020 2030 2040 Age Male Female Male Female Male Female Male Female 30 3.16 3.06 3.12 3.03 3.09 3.00 3.06 2.97 35 3.30 3.18 3.25 3.14 3.21 3.10 3.18 3.07 40 3.48 3.32 3.42 3.28 3.37 3.23 3.32 3.20 45 3.70 3.51 3.63 3.45 3.57 3.40 3.51 3.35 50 3.98 3.74 3.89 3.67 3.82 3.60 3.74 3.54 55 4.34 4.05 4.23 3.95 4.13 3.87 4.04 3.79 60 4.82 4.45 4.68 4.33 4.55 4.22 4.43 4.12 65 5.48 4.99 5.29 4.83 5.12 4.68 4.96 4.55 70 6.38 5.75 6.13 5.53 5.89 5.33 5.69 5.16 75 7.62 6.86 7.26 6.54 6.95 6.26 6.66 6.02 80 9.35 8.48 8.85 8.02 8.41 7.61 8.02 7.26 85 11.76 10.89 11.08 10.21 10.48 9.62 9.96 9.11

Examples of Option 1 in a sentence

  • NOTE: IF NO OPTION IS SELECTED, OPTION 1 WILL BE DEEMED TO BE SELECTED.

  • OPTION 1 - LIFE ANNUITY, LIFETIME MONTHLY PAYMENTS GUARANTEED Monthly payments payable to the Payee during the lifetime of the Annuitant.

  • PAYMENT OPTION 1: LIFE INCOME WITH PAYMENTS FOR 10 YEARS CERTAIN We will pay the proceeds in equal amounts each month, quarter, or year during the Annuitant's lifetime or for 10 years, whichever is longer.

  • The Executive and Company agree and acknowledge that any election to select a benefit payment pursuant to OPTION 1 OPTION 2, or OPTION 3 made under this EXHIBIT B EXECUTIVE DISABILITY BENEFIT ELECTION, not made within the time frame set forth in the paragraph above, shall be null and void.

  • NO CHANGE FROM DEATH BENEFIT OPTION 1 OR 2 TO OPTION 3, OR OPTION 3 TO OPTION 2 IS PERMITTED.


More Definitions of Option 1

Option 1. Any dispute concerning this guarantee shall be governed by and construed in accordance with the Belgian law and shall fall within the sole competence of the Belgian Courts.]
Option 1. [X] W-2 wages.
Option 1. [Decides][Invites the President of the COP] to convene a facilitative dialogue among Parties to take stock of the collective efforts of Parties in [2018][2019];]1 [Option 2: No such facilitative dialogue prior to 2020;]
Option 1. [X] The Employee's Compensation only from the time the Employee became a Participant in the Plan.
Option 1. [X] Pro Rata Formula. Employer Profit Sharing Contributions shall be allocated to the Individual Accounts of Qualifying Participants in the ratio that each Qualifying Participant's Compensation for the Plan Year bears to the total Compensation of all Qualifying Participants for the Plan Year.
Option 1. Upon such acceptance and recording, from and after the Effective Date, the Assignor shall act as collection agent for the Assignee hereunder, and the Administrative Agent shall pay all amounts (including payments of principal, interest, fees and other amounts) received from the Company which are allocable to the Assigned Loan and any Note evidencing such Assigned Loan directly to the Assignor without any further liability to the Assignee.] [Option 2: Upon such acceptance and recording, from and after the Effective Date, the Administrative Agent shall make all payments in respect of the Assigned Loan and any Note evidencing such Assigned Loan (including payments of principal, interest, fees and other amounts) to the Assignor for amounts which have accrued to the Effective Date and to the Assignee for amounts which have accrued subsequent to the Effective Date.]
Option 1. [Encourages] [Parties][Developed country Parties][ Parties included in Annex X to the Agreement] [to][shall][should] take steps to [improve enabling environments] [and address barriers] for technology development and transfer by: