18-181A 18-181A . . . Insurance Agents Stock Option Plan under which Compensation Committee may grant Non-qualified Stock Options to any insurance agent who signs agreement which commits agent to produce at least $300,000 of premiums during specific three-year period ("Qualification Period"). Number of shares covered by option is equal to agent's premium commitment divided by $100, and options become exercisable only to extent agent satisfies his or her minimum commitment for premiums during Qualification Period, and only to extent loss ratios for insurance business written meet or exceed certain performance criteria
Delaware Insurance Agents Stock option plan
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Stock Option Plan (the ?Plan?) is to assist Delaware Management Holdings, Inc., a Delaware corporation (the ?Corporation?), and its subsidiaries in attracting, retaining, and rewarding high-quality executives, investment professionals, employees, and other persons who provide services to the Corporation and/or its ...
The fee for an online application is $100, and NIPR will charge a $5.60 transaction fee for a total of $105.60.
In Delaware, insurance licenses expire every two years. The expiration will be on the last day of February of each even-numbered year. The renewal period begins on December 1st of each odd-numbered year.
For a property and casualty license in Delaware, individuals need to finish the required pre-licensing education, clear the property and casualty insurance exam, and then apply with the stipulated fee. For more information on the application process and license status, see our Delaware Insurance License article. How to Get a Delaware Insurance License | StateRequirement StateRequirement ? Insurance Licensing StateRequirement ? Insurance Licensing