20-181 20-181 . . . Long Term Incentive Compensation Plan under which Human Resources Committee designates employees who will be participants in Plan and establishes Maximum Award Percentage with respect to each participant for each three year performance cycle. Each participant is entitled to a Performance Award if annual compounded total return (based upon stock appreciation and deemed reinvestment of dividends) on corporation common stock for that performance cycle equals or exceeds 1.5% plus annual compounded total return on common stock of Standard & Poor's 500 Industrials for such period. A participant's Performance Award for a performance cycle is amount equal to product of (a) participant's base salary multiplied by (b) his Maximum Award Percentage multiplied by (c) applicable Attainment Percentage for that performance cycle
New York Long Term Incentive Compensation Plan of A.M. Castle and Co.
State:
Multi-State
Control #:
US-CC-20-181
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Long Term Incentive Compensation Plan Of A.M. Castle And Co.?
If you want to full, obtain, or print out legal file web templates, use US Legal Forms, the biggest collection of legal varieties, that can be found on the web. Use the site`s basic and practical research to get the documents you want. A variety of web templates for enterprise and person reasons are sorted by groups and suggests, or keywords. Use US Legal Forms to get the New York Long Term Incentive Compensation Plan of A.M. Castle and Co. within a couple of click throughs.
If you are currently a US Legal Forms buyer, log in in your bank account and click the Acquire key to get the New York Long Term Incentive Compensation Plan of A.M. Castle and Co.. You can even accessibility varieties you formerly saved in the My Forms tab of your own bank account.
Should you use US Legal Forms the first time, refer to the instructions below:
- Step 1. Ensure you have selected the form to the correct city/nation.
- Step 2. Take advantage of the Review option to look over the form`s articles. Don`t forget about to read the explanation.
- Step 3. If you are not happy with the form, use the Research field at the top of the monitor to locate other models of the legal form template.
- Step 4. Once you have discovered the form you want, select the Get now key. Choose the pricing prepare you prefer and add your accreditations to register for the bank account.
- Step 5. Method the deal. You may use your credit card or PayPal bank account to complete the deal.
- Step 6. Select the format of the legal form and obtain it in your gadget.
- Step 7. Comprehensive, edit and print out or sign the New York Long Term Incentive Compensation Plan of A.M. Castle and Co..
Every legal file template you acquire is yours for a long time. You possess acces to every single form you saved with your acccount. Go through the My Forms section and decide on a form to print out or obtain yet again.
Compete and obtain, and print out the New York Long Term Incentive Compensation Plan of A.M. Castle and Co. with US Legal Forms. There are many specialist and state-certain varieties you may use to your enterprise or person demands.
Form popularity
FAQ
Usually, employees receive them if they meet specific criteria, such as completing a project on time and within budget. For example, a manager agrees to give everyone working on a certain marketing account a $500 bonus if they can complete all deliverables and get client approval by the end of the week.
These plans are discussed below: Premium Bonus Plan. Under premium bonus plans, the time taken to complete a job is fixed based on a careful time analysis. ... Profit-Sharing and Co-ownership. ... Group Incentives. ... Indirect Incentive Plans.
Short-Term Incentive Plan. The objective of an STIP is to reward key employees for their individual contribution for achieving the company's short-term business strategies and goals set by the compensation committee to increase the company's profitability.
Short-term incentives, also known as STI, are one of the crucial parts of the total rewards package delivered to an employee. For HR professionals who design total rewards packages, finding the right balance between STI, long-term incentives (LTI), and salary is important when attracting and retaining the best talent.
Long-term incentives, or LTI as they're often called, are a valuable part of a total compensation package both for delivering rewards and focusing employees on desired future outcomes and objectives.
Some examples of short-term incentives include: Annual cash bonuses. Overtime pay. Holiday, weekend and shift work.