Actuarial Equivalent. The equivalence of a benefit, as determined by an actuary appointed by the Committee (“Actuary”), in terms of another benefit utilizing such assumptions as in the aggregate represent the Actuary’s best estimate of equivalent value for the purpose for which the determination is being made.

Committee shall mean the Pension Retirement Committee appointed by the Board to administer the Plan (also known as the Pension Committee or the Retirement Committee).

Actuarial Equivalent or Actuarially Equivalent: An amount that is the actuarial equivalent (within the meaning of [Section 1.409A-2(b)(2)(ii)])] of the Regulations) of a value using the actuarial assumptions specified for the relevant purpose under the Consolidated Plan.

the Actuarial Equivalent of the sum of # the Member’s Supplemental Account, plus # the Actuarial Equivalent present value of the Pension payable at Normal Retirement Date, or

No Actuarial Report. As of the Closing Date, there has been no actuarial reports prepared by external actuaries with respect to the Reinsured Policies or any reports by internal actuaries prepared specifically in respect of the Reinsured Policies constituting the In-Force Block considered in its entirety. For the avoidance of doubt, no document, report or other information listed on [Schedule X] shall be deemed an “actuarial report” for purposes of this [Section 16.01(n)].

For purposes of this Section 5, actuarial equivalence is determined using the same actuarial assumptions used to determine actuarially equivalent options in the Retirement Plan.

“Actuarial Equivalent” means the equivalent actuarial value of a Participant’s Supplemental Retirement Benefit provided in Section 3.2.1, determined based upon # the annual rate of interest on 30-year Treasury securities as of any determination date, and # the 1983 Group Annuity Mortality Table for males.

In any case, if the Actuarial Equivalent of the Retirement Benefit payable to or on behalf of a Member, determined as of the Member's Annuity Starting Date, is $5,000 or less, such Actuarial Equivalent amount shall be payable only in the form of a single lump sum, subject to the Member’s right to elect to have all or any portion of such Actuarial Equivalent amount transferred by direct rollover to an eligible retirement plan, in accordance with the provisions of [Section 6.07].

Dividend Equivalent. If ​ declares and pays a dividend in respect of its Stock and, on the record date for such dividend, you hold Restricted Stock Units granted pursuant to this Agreement, ​ shall grant you an unvested right to receive an amount (the “Dividend Equivalent”) equal to the cash dividends you would have received if you were the holder of record, as of such record date, of the number of Shares related to the Restricted Stock Units that you hold as of such record date. Your Dividend Equivalent will vest if, when and to the extent that the related Restricted Stock Units vest and will be paid to you within the Settlement Period (as defined below). No interest will be paid with respect to Dividend Equivalents. If any portion of the Restricted Stock Units are forfeited, your Dividend Equivalent shall also be forfeited in the same proportion.

Which is the actuarial equivalent of a single annuity for the life of the Participant.