vested


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vested

Property law having a present right to the immediate or future possession and enjoyment of property
References in periodicals archive ?
The benefits of electing to be taxed in the year of receipt are twofold: (1) the recipient avoids recognizing subsequent appreciation in the partnership interest as compensation income when the interest becomes vested and (2) any amounts received as partnership distributions are not recharacterized as compensation--the service partner is treated as a partner for purposes of allocating partnership income and loss.
Furthermore, each restricted stock unit vests over four years with about 25% vesting on 15 September 2011 with the remainder vesting over the next three years until fully vested, in quarterly instalments.
1.83-3(a) stems from the fact that the benefited employee is receiving a vested and secured economic benefit from the arrangement.
The union contended that the benefits were lifetime benefits vested under the Employee Retirement Income Security Act of 1974 (ERISA).
In addition, the stock was not transferable until vested. The company proposed to lengthen the period for which the employee would have to remain employed before the shares would vest and commensurably defer the lapsing of the restrictions on transferability.
25.2503-3(a), "[n]o part of the value of a gift of a future interest may be excluded in determining the total amount of gifts made during the |calendar period'." "Future interest" includes reversions, remainders and other interests, whether vested or contingent, that are limited to begin in use, possession or enjoyment at some future date or time.
The deferred compensation and the additional amount vested immediately and were payable on retirement or termination of employment.
Generally, plan loans secured by a participant's account balance in a defined contribution plan are limited to 50% of the participant's total vested account balance (disregarding the $50,000 ceiling and the $10,000 floor restriction under Sec.
On July 1, 1991, Gary's partnership interest became fully vested. At that time, Eagle's net worth was $500,000.
One-fourth of the shares underlying each employee's option will vest on the one year anniversary of his or her date of hire and thereafter 1/48th of the shares underlying each employee's option will vest monthly, such that the shares underlying the option granted to each employee will be fully vested on the fourth anniversary of his or her date of hire, in each case, subject to each such employee's continued employment with Audentes on such vesting dates.
Matas A/S (CPH:MATAS), a wholesaler of cosmetics and consumer health care products, reported on Friday that under the company's Remuneration Policy, a total of 52,217 Performance Share Units (PSUs) related to the company's long-term incentive programme (LTIP) for 2016 have vested, effective 14 June 2019.
A Lake County police dog has received a bullet and stab protective vest donated by Vested Interest in K9s, Inc., authorities said.