Hawaii Director stock program

State:
Multi-State
Control #:
US-CC-18-172
Format:
Word; 
Rich Text
Instant download

Description

18-172 18-172 . . Director Stock Program which provides that, on first day of director's term, such director will be granted option to acquire 900 shares of common stock, and on first day of each subsequent year of director's term, he or she will be granted options to acquire 300 shares of common stock. Options are at fair market value on date of grant and are exercisable in full six months after date of grant. The Director Stock Program also provides that, on first day of director's term, he or she will be awarded right to purchase 450 shares of restricted stock, and on first day of the second and third year of such director's term, he or she will be awarded right to purchase 150 shares of restricted stock. Purchase price will be equal to par value of common stock
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FAQ

If you wish to change the name of your LLC, use the Articles of Amendment to Change Limited Liability Company Name. You can file the proper form by mail, fax, or in person. Hawaii requires businesses to use black ink on the forms. Be sure to include at least $25 for the filing fee.

Setting up a DBA in Hawaii You can search for conflicting business name on the department's Search for Business Entity & Documents page. The site is also where DBA registration forms will be found. After you've determined if your name is available, you can move on with registering the name with the state government.

It will cost you $50 to register your LLC in Hawaii with the Hawaii Department of Commerce and Consumer Affairs Business Registration Division, plus an additional $1 State Archives fee. Filing online is the fastest way to complete the paperwork.

The cost of a DBA in Hawaii is $50. After five years in Hawaii, a DBA expires and is $50 to renew. You can pay your Hawaii DBA filing fees by cash or credit card.

Even a sole proprietor is required to obtain a General Excise Tax License in Hawaii. Any business engaged in commercial activities must get one.

Sole proprietors are in complete control, and within the parameters of the law, may make decisions as they see fit. Business registration with the State of Hawaii Department of Commerce & Consumer Affairs is not required, unless public notice of trade name is desired.

Submitting Your Hawaii Articles of Incorporation Submit online using Hawaii Business Express (HBE). Online submission is immediate, and you can print a receipt. Or, download a paper form from the BREG website. Type your responses before printing or write in black ink.

Step 1: Name Your Hawaii LLC. ... Step 2: Choose a Registered Agent. ... Step 3: File the Hawaii Articles of Organization. ... Step 4: Create an Operating Agreement. ... Step 5: File Form 2553 to Elect Hawaii S Corp Tax Designation.

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Hawaii Director stock program