Kentucky Proposals to Approve Employees' Stock Deferral Plan and Directors' Stock Deferral Plan with Copy of Plans

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FAQ

: stock on which no dividend is payable until the happening of some contingent event (as the paying of a dividend on preferred stock)

Deferred compensation is an addition to an employee's regular compensation that is set aside to be paid at a later date. In most cases, taxes on this income are deferred until it is paid out. There are many forms of deferred compensation, including retirement plans, pension plans, and stock-option plans. What Is Deferred Compensation? - Investopedia investopedia.com ? terms ? deferred-compe... investopedia.com ? terms ? deferred-compe...

DSUs represent a form of future compensation whereby the employer promises to issue shares in the company or cash equivalents ? typically upon retirement, termination, or death. The value of DSUs will fluctuate in ance with the underlying company stock. Valuing Deferred Stock Units - Davis Martindale Blog davismartindale.com ? valuing-deferred-stoc... davismartindale.com ? valuing-deferred-stoc...

A DSU, in the traditional sense, is a combination of deferred compensation and full value phantom shares. With a DSU highly compensated employees are offered the opportunity to voluntarily defer a portion of their cash income (salary and/or bonus) to a future date (as with any other deferred compensation plan). What is a Deferred Stock Unit (DSU) Plan? - Phantom Stock phantomstockonline.com ? blog ? what-is-a-... phantomstockonline.com ? blog ? what-is-a-...

While both deferred and restricted stocks may be subject to vesting requirements, resulting in a delay before the employee takes full ownership of the associated shares, restricted stocks are immediately converted to unrestricted shares once the period has ended, while deferred shares do not convert until a selected ... Deferred Share Definition and How It Works - Investopedia investopedia.com ? terms ? deferredshare investopedia.com ? terms ? deferredshare

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Kentucky Proposals to Approve Employees' Stock Deferral Plan and Directors' Stock Deferral Plan with Copy of Plans