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Claude

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Aug 5, 2024, 12:46:14 AM8/5/24
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We have some employees that are already terminated and being paid over a five year schedule. Once payments have begun, is it too late to change the payment schedule. In other words, if we have a participant being paid over a five year schedule, can we change payment timing to delay payments until retirement / diversification?


What about non-terminated employees? If our current policy calls for payments over 5 years, can we change the policy to change payment timing to be at retirement / diversification, or do we have to stick with the policy that was in place when they accrued their benefits?


We need a lot more information. Let's start with whether this arrangement is a qualified plan, a nonqualified plan, or something else, like an annual bonus or long-term incentive plan paid on a short-term deferral basis. If the plan is a qualified plan, what does it say now?


The Plan just includes all the typical ESOP rules. The SPD says the distribution policy can change at any time and will apply to all distributions thereafter, even if the participant is already retired.


If the trustees of an ESOP have adopted a repurchase policy that is more liberal than the law requires and if the language of the repurchase policy was drafted in a manner that allows the Policy to be amended, then yes the policy can be amended. Generally a distribution policy becomes an exhibit to the SPD. The ESOP trustee(s) should take great care in analyzing the need to amend the existing policy, keep written records as to the process of their decision and the reasons why.


Your comment about delaying distributions till retirement or diversification does not make sense. ESOP distribution rules require the timing of distributions to occur over certain time periods following the triggering of certain events.


Perhaps the ESOP trustee(s) working with the board of directors of the company would determine that necessary contributions to the ESOP for funding the Repurchase could jeopardize the business operations.


Again, none of this should be done without review of all facts. I believe the facts relating to the interest of the ESOP Participants should be considered as well. Participants who are in death. disability or retirement status, perhaps the policy does not change for them. Maybe the policy is amended for only those in the "all others" category.


I am more concerned by the idea you aren't going to pay anyone until NRA, death, disability or diversification. Unless there is a loan that purchased all the shares in the plan don't you have to offer a distribution after the 5th year after termination? -vesting-distribution-diversification


That makes sense. One other practical consideration. Say we have an "all other" person (termed but not for retirement, death, or disability) who has already terminated and has received two installments beginning one year following termination. Now we have a new policy that says the "all other" people are to receive 5 installments beginning on the last day of the 6th year following the year of termination.


How does the new policy apply to that person? Since they have already received 2 installments, do we just do 3 installments beginning on the last day of the 6th year? Or do we start 3 installments two years following the last day of the 6th year, since he's already received 2 installments? Or can we not change the payment schedule once the first installment has been paid?


Those Tech pedals are very nice..I've only tried them, haven't pulled the trigger......Verstile is, as always, correct..Even a small amp with a well made line out, and / or mikeing it is best.....Out of necessity some years back,


to play live and go direct ( at some gigs ) I used the Boss GT series multi-pedals, which are their higher end multies, and with practice and experience, I achieved very good results.....I can not think of any other option.........


now that we're talking about the line out on amps I have a quick question. I have a line 6 spider III and was wondering, is the plug that says pod style out or something like that made for going out like to a pa or recording? don't want to hijack your thread here, just lookin for a quick answer


But nothing will sound quite like you think the amp sounded or should be sounding whether it's listened to in the back of a club "direct" or miked through a PA. Sound doesn't work that way. I know I'm a wet blanket on the tone thing, but... even before electricity "acoustics" were a major part of auditorium designs. In fact... the very word "auditorium" comes from a Latin root having to do with listening...


I've NEVER gotten anything out of a direct-in OR line-out that sounded anywhere near what I want my electric guitar to sound like. I've done the "direct-in" in the recording studio for isolation purposes, and 30+ years later I still think it the sound/tone sucked.


The line-out (amp or effects processor) works for "pure tone" instruments like bass/organ/piano, but the sound of an electric guitar is SO shaped by the amplifier that a line-in will just sound "sterile" and processed.


Well, I have not experienced bad tones out of going direct. I would think It depends on what you use. I run a line6 x3 live direct to the mixing/sound board and I like what I hear. And I loathe bad sounds. I always get compliments on how the guitar sounded. I even use a regular pod many times and like the tones as well. For best results, I go stereo.


IMHO, Line6 amps are not the greatest for high level use. I might add that I've been using Bose towers for speakers and that might add to the sound quality I'm satisfied with. But even without them, I haven't experienced crappy tones.


I have a GT-6, and have often used the amp/cab models straight into a PA. In my opinion, it's easy to get a better sound that way in a small venue than it is to mic an amp. Too much goes on with the mic positioning, bleed from the amp out into the main venue, etc.


One that has incorrect data in it is a string that is address %MW60200.

If I set the ignition tag to HR60200 (or HR60201 to adjust for skew), is that only looking at a single 16 bit word?

If it is, how do I address it in ignition to read all of the string data?


Panels and rough sketch first. I am a very visual person and it helps organize my thoughts better. I have tried scripting and I found it awkward, I tend to just make an outline with storybeats instead.


Usually I would have a very, very rough panel sitting in my sketch book

that I know the dialogue of in advanced that I would work on concurrently but on most cases writing the dialogue helps with just knowing what the characters will say and are doing at every moment of each chapter. The art process comes right after


My comic is usually pretty dialogue-heavy so like a lot of the "Dialogue first" answers I do something similar where I write the script out for a good chunk of story, but since I try to end every episode with a joke or punchline I try to frame the script itself on an episode-by-episode and panel-by-panel basis. That way I have a basic understanding of how long the episode itself will probably be and where word balloons will go, but during the creation of each episode I usually end up shifting stuff around so it fits better, or to give myself room to actually draw the characters. Once I have a basic idea of where all the words go that's when I sketch out the panels as I saw them in my head as I was writing the dialogue, and that's when I make even more changes to word placement. From time to time I'll have a specific splash panel or scene in mind but for the most part I do like to work Dialogue First.


I've always been panel first, but story beats/storyboard first-er. My panels have to hit each storybeat in some way and unless a scene is specific about dialogue, I won't worry about it till the very end. I'll make notes on what I want a character/characters to say, but never their entire dialogue. Even if the words I use can't be understood (language barrier, inability to read or just skimming through), the panels and visuals should still convey the story. Plus, it takes me 5x longer to draw out the panels, so naturally I want to get this stage done first. Dialogue is one of the last things I work/settle on in my production.


Applications for the neuroendoscope include a wide range of procedures. Of these, endoscopic third ventriculostomy (ETV) is the most frequently performed. ETV has become a standard treatment for selected patients with symptomatic obstructive hydrocephalus.

Hydrocephalus is caused by disturbance of formation, flow, or absorption of cerebrospinal fluid (CSF), which leads to a buildup of fluid in the central nervous system (CNS). Incidence of congenital hydrocephalus (ICD-9 742.3x; or, with spina bifida, 741.0x) is three per 1,000 live births. To divert excess CSF, the surgeon places an intracranial shunt. A ventricular catheter in the brain is routed subcutaneously to another body area (for instance, the abdominal cavity) to allow the fluid to drain and be absorbed. A one-way, pressure-controlled valve regulates the flow of CSF through the catheter.

Primary coding for intracranial shunt placement is reported using CPT codes 62220-62230, depending on the precise location of the shunt/drain and method of insertion. Primary coding for ETV, specifically, is reported using 62200 Ventriculocisternostomy, third ventricle or 62201 Ventriculocisternostomy, third ventricle; stereotactic, neuroendoscopic method if using stereotactic (navigational) guidance.

When any of the above procedures are performed using the neuroendoscope, report +62160 Neuroendoscopy, intracranial, for placement or replacement of ventricular catheter and attachment to shunt system or external drainage (List separately in addition to code for primary procedure) in addition to the primary code.

Per CPT instruction, add-on code 62160 also may be reported with 61107 Twist drill hole(s) for subdural, intracerebral, or ventricular puncture; for implanting ventricular catheter, pressure recording device, or other intracerebral monitoring device and 61210 Burr hole(s); for implanting ventricular catheter, reservoir, EEG electrode(s), pressure recording device, or other cerebral monitoring device (separate procedure), as well as 62258 Removal of complete cerebrospinal fluid shunt system; with replacement by similar or other shunt at same operation for shunt removal and replacement.

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