New York Proposal to approve Management Incentive Plan for The Geon Co.

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US-CC-20-232-NE
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This sample form, a detailed Proposal to Approve Management Incentive Plan document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
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FAQ

The Management Incentive Plan (?MIP? or ?the Plan?) is an annual incentive plan designed to reward and incent eligible employees for their role in driving Deluxe's strategy and business results.

Incentive management is the practice of offering incentives like pay, extra time off, or a gift to employees that meet certain benchmarks or perform specific behaviors. A classic example of an incentive program is a system where a sales rep gets extra pay for closing a certain number of deals in a quarter.

Management Incentive Plan (MIP) is a term most commonly used to refer to the scheme over which the ?sweet equity? pool is allocated to senior management in a privately owned business. The company using a MIP will often be owned by a private equity house.

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New York Proposal to approve Management Incentive Plan for The Geon Co.