18-276 18-276 . . . Director Incentive Compensation Plan under which eligible directors are granted automatic, nondiscretionary annual awards of 100 shares of common stock to each eligible director at no cost to director upon election or re-election by stockholders. The Board may amend award formula to no greater than 500 shares per year per director
Maryland Director Incentive Compensation Plan
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US-CC-18-276
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FAQ
Director Incentives means such compensation payable to a Director, other than Director Fees, as the Committee, in its sole discretion, may designate as eligible for deferral in ance with this Plan.
Directors Compensation means fees and other compensation payable for services as a Director. Directors Compensation means all or part of any board and committee retainer, and board and committee meeting fees payable to a Director in his or her capacity as a Director.
Incentive pay plans are a great way to keep employees motivated and increase both morale and job satisfaction. Better employee performance and retention.
Incentive compensation is a form of variable compensation in which a salesperson's (or other employee's) earnings are directly tied to the amount of product they sell, the success of their team, or the organization's success.
The objective of incentive compensation is to incentivise individual and/or collective performance, and to recognise and reward this performance.
An incentive compensation structure is a broad framework that guides an incentive management program. For instance, your structure might state the exact sales amount reps must achieve to earn a certain percent commission.
Take a look at some incentive pay examples. Cash incentives. Cash incentives include a variety of payments to employees based on their job performance, including commissions and bonuses. ... Profit sharing. ... Stock options. ... Career development incentives. ... Non-cash incentives.
Incentive compensation is a form of variable compensation in which a salesperson's (or other employee's) earnings are directly tied to the amount of product they sell, the success of their team, or the organization's success.
An incentive compensation plan offers employees cash or non-cash compensation on top of their base salary. This type of plan is formulated to motivate employee performance or the accomplishment of a targeted achievement.
An annual incentive plan outlines compensation to be paid to employees when they achieve certain performance-related goals over 12 months. This compensation is in addition to their regular salary ? it may be an employee gift, cash incentive, or another type of bonus or reward.
