20-270 20-270 . . . Executive Incentive Plan under which corporation can award restricted stock and units. Restricted stock consists of common stock of corporation which contains restrictions on transfer and forfeiture in event of termination of employment prior to expiration of time period specified in grant. units are equivalent of corporation's book value per share and are issued and credited on corporation's books to employees on condition that said units must be resold to corporation. Corporation must purchase units at end of 5 year incentive period or upon termination of employment (whichever comes first) for amount equivalent to book value at that time plus dividends declared during incentive period and less book value on date of grant
Alaska Executive Incentive Plan
State:
Multi-State
Control #:
US-CC-20-270
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Executive Incentive Plan?
Choosing the right legal document web template might be a battle. Of course, there are plenty of templates available on the net, but how do you obtain the legal kind you will need? Take advantage of the US Legal Forms site. The support offers thousands of templates, such as the Alaska Executive Incentive Plan, which can be used for organization and personal needs. Each of the forms are inspected by pros and meet federal and state requirements.
When you are currently authorized, log in to your profile and click on the Down load key to get the Alaska Executive Incentive Plan. Use your profile to check from the legal forms you may have purchased in the past. Go to the My Forms tab of your respective profile and get an additional version of the document you will need.
When you are a fresh end user of US Legal Forms, listed below are basic recommendations that you should stick to:
- Very first, make sure you have chosen the right kind for your city/state. It is possible to look over the form while using Review key and browse the form description to make certain it will be the best for you.
- In the event the kind is not going to meet your needs, make use of the Seach discipline to get the right kind.
- When you are certain that the form is suitable, click the Purchase now key to get the kind.
- Pick the pricing program you would like and type in the required details. Make your profile and purchase the transaction making use of your PayPal profile or bank card.
- Select the document file format and acquire the legal document web template to your gadget.
- Complete, edit and produce and signal the attained Alaska Executive Incentive Plan.
US Legal Forms is the greatest library of legal forms where you can find different document templates. Take advantage of the company to acquire professionally-produced files that stick to condition requirements.
Form popularity
FAQ
Under Alaska law, if an employee works more than eight hours in one day or more than 40 hours in a week, then they are entitled to 1.5 times their normal hourly pay rate for all time worked over those limits. For all other aspects of overtime law, Alaska follows the federal Fair Labor Standards Act (FLSA).
Employment Status Permanent Full-time: Work hours per week. For health insurance and retirement benefits purposes only, 30 hours is considered full-time. Supervisory (SU) and Labor, Trades and Crafts (LTC) employees are regularly scheduled to work 40 hours per week.
Alaska Minimum Wage Exemptions Exemptions to the Alaska Wage and Hour Act include individuals employed: in agriculture. in the taking of aquatic life or in the hand-picking of shrimp. in domestic service (including babysitting) in or about a private home.
Effective Jan. 1, 2023, Alaska's minimum wage is $10.85 per hour. This is calculated by multiplying all hours worked in the pay period by $10.85.
Whenever the employee's job in excess of one hundred (100) miles is completed or the employee is transferred by his Employer to another job, the employee shall be paid at the rate of Fifty-Four Cents ($0.54) a mile to the point at which the employee entered the Employer's service or the next contract, together with ...