North Dakota Insurance Agents Stock option plan

State:
Multi-State
Control #:
US-CC-18-181A
Format:
Word; 
Rich Text
Instant download

Description

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
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  • Preview Insurance Agents Stock option plan
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  • Preview Insurance Agents Stock option plan
  • Preview Insurance Agents Stock option plan
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FAQ

North Dakota Insurance Licensing State Requirements Complete an Insurance Exam Prep Course. ... Pass Your North Dakota Licensing Exam. ... Get Fingerprinted. ... Apply for North Dakota Insurance License. ... Plan to Complete Required Insurance Continuing Education (CE) Credits.

Hear this out loud PauseNorth Dakota requires that the owner of a motor vehicle carry liability, uninsured and underinsured motorist, and no-fault insurance coverages.

North Dakota state law requires that all vehicles carry the following minimum insurance coverages: Bodily injury: $25,000 per person and $50,000 per accident. Property damage: $25,000 per accident. Uninsured motorist: $25,000 per person and $50,000 per accident.

To get a life insurance license in North Dakota, you must pass the licensing exam administered at PSI test centers. Before taking the exam, a fingerprint-based criminal background check is required as part of the application process. After successfully passing the exam, you can apply for your life insurance license.

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North Dakota Insurance Agents Stock option plan