Accelerated Option

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Accelerated Option

A clause in some insurance contracts allowing a policyholder to access some of the benefits of the policy before he/she otherwise would be able to do so. Very often, the accelerated option allows the holder of a whole life insurance policy to use the savings portion to pay off the remainder of the premiums in a single, lump sum.
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The RACC is helping to strengthened relationships between apprenticeship programs and post-secondary institutions, while also providing apprentices with accelerated options for the attainment of an associate or bachelor degree and the flexibility to pursue higher education wherever life takes them.
The accelerated options built into the Fast Start Programs in PMT certificate are designed for students that have at least one year of industry experience.
4 million came from accelerated options, and he received $56,000 in consideration for signing the termination agreement.
All of the accelerated options are held by FAA-licensed and certain salaried employees.
States should encourage all students to pursue accelerated options for earning postsecondary credit while in high school.
What types of accelerated options facilitate movement through the program?
In the two cases where the stock options were "in-the-money," the value of the accelerated options ranged from $600,000 to $1.
As for the holders of the accelerated options, options on approximately 201,000 shares are held by the pilots, with the remainder held by the airline's officers and management employees.
Of the accelerated options, 328,408 options are held by executive officers (of which 228,408 are "in-the-money"), 246,774 options are held by non-employee directors (all of which are "in-the-money"), and 182,514 options are held by other employees (of which 162,514 are "in-the-money").
In connection with the declaration of the special cash dividend, the Board of Directors, upon the approval and recommendation of the Compensation Committee of the Board, accelerated the vesting of all remaining unvested employee and director options to purchase 104,008 shares of the Company's Class A Common Stock, subject to the requirement that any shares acquired upon exercise of such options may not be sold by the optionee until the earlier of the original vesting date of the accelerated options or the sale of the Company.
The accelerated options have exercise prices ranging from $9.
The primary purpose of the acceleration is to eliminate future non-cash, compensation expenses associated with the accelerated options that the Company would otherwise recognize.

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