Contract surrender option

Option Surrender Agreement means an Option Surrender Agreement in the form attached hereto as Exhibit C-2. Sample 1 Option Surrender Agreement means an agreement or certificate duly executed by an optionholder prior to the Effective Time acknowledging cancellation of all options to acquire any Shares held by such optionholder, substantially in the form attached hereto as Exhibit C.

Surrender. To give up, return, or yield. The word surrender presupposes the possession or ownership of the thing that is to be returned or given up. It indicates a transfer of title as well as possession, but it does not express or in any way suggest the transaction of a sale and delivery. The valuation of the embedded guarantees with a surrender option can be formulated as a free boundary problem, and we can obtain a corresponding non-homogeneous partial differential equation (PDE). THIS SURRENDER AGREEMENT, made the 18th day of January, 2005, between 300 CRA, LLC, having an office at 2 Research Way, Princeton, NJ 08540 (“Landlord”), and Orchid BioSciences, Inc., successor in interest to Orchid Biocomputer, Inc., having an office at 4390 US Route 1, Princeton, N.J. Available as an option at contract issue only. If elected, a Market Value Adjustment (MVA) is applied when surrender charges apply. In no event will the cash surrender value, after adjustment made for MVA, be less than the minimum guaranteed contract value or greater than the accumulation value. The definition of Cash Surrender Value is the cash value of the accumulated investment portion of a whole life insurance or universal life insurance policy payable to the policyholder upon cancellation of the policy. Penalty-Free Withdrawals: After the first contract anniversary, a penalty-free withdrawal (also known as a Penalty-Free Partial Surrender), of up to 10% of the Accumulation Value may be taken each year. After the Surrender Charge period, Surrender Charges, Premium Bonus Recapture, and a Market Value Adjustment no longer apply to any withdrawals. Every annuity contract is different, but some of the typical surrender schedules I’ve seen with a seven-year annuity product are as follows: 7,7,7,7,6,5,4. That means if you were to liquidate or cash out the annuity in the first, second, third, and fourth year, you’d be paying a 7% surrender charge on your principal.

Option Surrender Agreements means the agreements to be entered into by the Company and each of the holders of Company Stock Options, pursuant to which such holders have agreed or shall agree to surrender such Company Stock Options held by them in accordance with the provisions of Section 2.7; Sample 1

Agreement for the surrender of an option by  Practical Law Share Schemes & Incentives This document can be used for the surrender of an EMI, CSOP or non tax-advantaged option, where the option is to be cancelled for cash or for no consideration. To access this resource and thousands more, register for a free, no-obligation trial of Practical Law. Surrender option ; The Assignor shall have an option to surrender the assignment of the Debt, which may be exercised against the Assignee in accordance with the terms and conditions set out in this Article, in return for paying the Assignee the total all-in consideration of one euro (€ 1) (the “ Surrender Option ”). Surrender. To give up, return, or yield. The word surrender presupposes the possession or ownership of the thing that is to be returned or given up. It indicates a transfer of title as well as possession, but it does not express or in any way suggest the transaction of a sale and delivery. The valuation of the embedded guarantees with a surrender option can be formulated as a free boundary problem, and we can obtain a corresponding non-homogeneous partial differential equation (PDE). THIS SURRENDER AGREEMENT, made the 18th day of January, 2005, between 300 CRA, LLC, having an office at 2 Research Way, Princeton, NJ 08540 (“Landlord”), and Orchid BioSciences, Inc., successor in interest to Orchid Biocomputer, Inc., having an office at 4390 US Route 1, Princeton, N.J. Available as an option at contract issue only. If elected, a Market Value Adjustment (MVA) is applied when surrender charges apply. In no event will the cash surrender value, after adjustment made for MVA, be less than the minimum guaranteed contract value or greater than the accumulation value.

contract.1 By reducing the fee paid when the value of the financial guarantee is low, it is possible to reduce the value of the real option to surrender embedded in  

Option Surrender Agreement means an Option Surrender Agreement in the form attached hereto as Exhibit C-2. Sample 1 Option Surrender Agreement means an agreement or certificate duly executed by an optionholder prior to the Effective Time acknowledging cancellation of all options to acquire any Shares held by such optionholder, substantially in the form attached hereto as Exhibit C. surrender of options The undersigned holder of non-qualified stock options (the “ Company Options ”) to acquire shares of common stock of the Company, par value $0.0001, granted pursuant to the 2004 Stock Option, Restricted Stock and Deferred Stock Unit Plan (the “ Plan ”), agrees to surrender each Company Option set forth on Exhibit A hereto (the “ Surrendered Options ”). As set forth below, in January 2007, five of the Company’s senior officers entered into option surrender agreements to surrender vested in-the-money options to purchase an aggregate of 23,269 shares, thereby surrendering an aggregate excess benefit of approximately $0.6 million (net of approximately $0.4 million in taxes paid by such individuals). Surrender option in a pure endowment contract A pure endowment contract of duration n provides for payment of the sum insured only if the policy holder survives to the end of the contract period. The options are Partial Surrender or Full Surrender. If you are transferring to a traditional IRA to a Roth IRA, check the "Full Surrender" option along with the "Traditional IRA Transfer to Roth IRA" option. There are 4 options for partial surrenders: Maximum available partial, Maximum "penalty free" amount, interest only or a specific amount. In consideration of the surrender of these options, the Company hereby agrees to grant to me on the date six months plus one day from the date hereof: (1) an option to purchase 111,585 shares of common stock at an exercise price that is not less than the fair market value on the date of grant and (2) an option to purchase 111,585 shares of common stock at an exercise price that is not less than fair market value on the date of grant, each to vest in equal annual installments on the second Most contracts allow you the option to turn your deferred annuity into a lifetime income stream. This is called annuitizing. You essentially turn your contract over to the insurance company and they agree to make payments to you for life, or for a certain period of time. The payments will depend on your age and the payment option that you choose.

25 Mar 2015 Wrap fees can include investment management fees, surrender charges, mortality and buried in an annuity contract between the sponsor and the insurance company. No longer the only choice for small retirement plans.

us find the best placement option for your pet. Pet Surrender Contract: Surrendering your pet is a difficult and emotional decision. At the Worcester Animal  17 Mar 2019 regulation of participating life insurance contracts, allowing for can optimally terminate their contract, the surrender option carries the interpre-. 11 Feb 2011 Under the terms of a Transaction Proposal Agreement (TPA) entered into Both the accelerated vesting and the exercise/surrender of options  A sovereign state may surrender following defeat in a war, usually by signing a peace treaty or capitulation agreement. A battlefield surrender, either by  14 Jan 2020 Here are your options. time frame, then you can simply cancel the contract without incurring a surrender charge from the insurance company. Viele übersetzte Beispielsätze mit "surrender option" – Deutsch-Englisch Wörterbuch und case of contracts with a surrender option is generally at least [. ..]. Viele übersetzte Beispielsätze mit "surrender contract" – Deutsch-Englisch shall include the intrinsic value of an option to surrender the contract, but need not 

For Fixed Indexed products, the surrender will be taken from the Fixed Account first and will only be taken from the Indexed Account when the accumulated value in the Fixed Account is not sufficient. For variable or Multi-Year Guarantee products, indicate account(s) from which payout should be made. If no amounts are

The liability of BPI-Philam which issued this contract is fixed and limited to such -You have several options to consider aside from surrendering your policy:. Cache Humane Society provides a non-judgmental place to surrender a pet. We will very occasionally euthanasia may be the most humane option for a very aggressive animal. We will require that you complete a Surrender Contract. Cancellation, surrender and similar endings: CGT event C2. (1) CGT event C2 (e) if the asset is an option--being exercised; or. (f) if the asset is a (a) when you enter into the contract that results in the asset ending; or. (b) if there is no  Full Surrender• Contracts with a Designated Period annuity option will be completely surrendered and closed.• The period certain portion of the Life Annuity with  Nine-Year Surrender Period With Flexible Withdrawal Options. There is a nine- year surrender-charge period and each contract offers a variety of ways for your  14 Feb 2014 Your insurer may be trying to persuade you to sell your contract back. into more -conservative investment options—unless the owners opt out.

The AssetShield offers innovative fixed and index allocation options designed to A feature that allows you to elect to surrender the contract penalty-free, if the  The value required to cover a short put option contracts held in a cash account. The Cash Surrender Value is the current contract value less any surrender  A surrender fee is a charge levied against an investor for the early withdrawal of funds from an insurance or annuity contract, or for the cancellation of the agreement. Surrender fees can apply for various time periods, ranging from 30 days to as many as 15 years on some annuity and insurance products. Option Surrender Agreement means an Option Surrender Agreement in the form attached hereto as Exhibit C-2. Sample 1 Option Surrender Agreement means an agreement or certificate duly executed by an optionholder prior to the Effective Time acknowledging cancellation of all options to acquire any Shares held by such optionholder, substantially in the form attached hereto as Exhibit C. surrender of options The undersigned holder of non-qualified stock options (the “ Company Options ”) to acquire shares of common stock of the Company, par value $0.0001, granted pursuant to the 2004 Stock Option, Restricted Stock and Deferred Stock Unit Plan (the “ Plan ”), agrees to surrender each Company Option set forth on Exhibit A hereto (the “ Surrendered Options ”). As set forth below, in January 2007, five of the Company’s senior officers entered into option surrender agreements to surrender vested in-the-money options to purchase an aggregate of 23,269 shares, thereby surrendering an aggregate excess benefit of approximately $0.6 million (net of approximately $0.4 million in taxes paid by such individuals). Surrender option in a pure endowment contract A pure endowment contract of duration n provides for payment of the sum insured only if the policy holder survives to the end of the contract period.