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Executive and Employee Benefits
Executive Benefits means all health, dental, disability, life insurance, retirement and fringe benefits or programs now or hereafter established by the Company which cover the Company's executives or its employees, and applicable family members and which are in effect on the date on which a Change in Control occurs.
Tax-Efficient Business Exits
The way you exit the business can have some important tax implications, which may affect the money you get back from the sale. So, it’s worth planning early ahead of the disposal to optimise the value and achieve a tax efficient sale.
Private Key Person
A private key, also known as a secret key, is a variable in cryptography that is used with an algorithm to encrypt and decrypt data. Secret keys should only be shared with the key's generator or parties authorized to decrypt the data.
Business Valuation
What Is a Business Valuation? A business valuation, also known as a company valuation, is the process of determining the economic value of a business. During the valuation process, all areas of a business are analyzed to determine its worth and the worth of its departments or units.
Long-Term Disability
Long Term Disability (LTD) provides a monthly benefit if you are unable to perform your regular job (during the first two years of your disability) or any reasonable job (after two years of disability) due to illness or injury.
Guaranteed Issue Life Insurance
Guaranteed issue life insurance is a type of whole life insurance policy that allows you to skip health questions and or undergo a medical exam. In some spaces, you may hear it referred to as guaranteed life insurance or guaranteed acceptance life insurance.
Efficient Frontier Life Management
The efficient frontier is the set of optimal portfolios that offer the highest expected return for a defined level of risk or the lowest risk for a given level of expected return. Portfolios that lie below the efficient frontier are sub-optimal because they do not provide enough return for the level of risk.
Foreign Nationals
The Designated Foreign Nationals Regime allows the Minister of Public Safety to deem irregular arrivals of groups to be 'Designated Foreign Nationals', a label that brings serious consequences for their treatment in Canada's refugee system.