Oregon Employee Stock Option Plan of Vivigen, Inc.

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US-CC-18-148
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18-148 18-148 . . . Employee Stock Option Plan which recognizes eight levels of responsibility within corporation and which provides that each eligible employee shall receive stock option to purchase that number of shares of corporation common stock that is equal to number derived by dividing option value corresponding to his or her level of responsibility by initial grant price (fair market value on date of grant) according to schedule which ranges from technical and administrative personnel levels one through four with option values from $1,250 through $5,000 to Chief Executive Officer level eight with option value of $100,000. Options are exercisable for up to (a) 50% of shares covered by option at any time after corporation's gross revenues meet or exceed a 30% increase for each of two consecutive calendar years ending following grant of option and (b) 100% of shares covered by option at any time after corporation's gross revenues meet or exceed a 40% increase for each of two consecutive calendar years following grant of stock option

The Oregon Employee Stock Option Plan (ESOP) offered by Vivien, Inc. is a valuable employee benefit program designed to reward, motivate, and retain its workforce. This comprehensive plan allows eligible employees to purchase company stock at a predetermined price, offering them an opportunity to share in the success and growth of the organization. Vivien, Inc., a renowned Oregon-based company, values its employees' commitment and recognizes the instrumental role they play in achieving company objectives. The ESOP reflects the company's dedication to fostering a collaborative work environment while providing financial incentives to its workforce. The Oregon Employee Stock Option Plan of Vivien, Inc. encompasses various types and components to cater to employees' diverse needs. Here are some key categories and features of the plan: 1. Vesting Schedule: Vivien, Inc. offers a vesting schedule, allowing employees to acquire ownership of company stock gradually over time. This encourages long-term commitment and loyalty among employees. 2. Stock Purchase Options: The plan provides employees with the flexibility to choose from various stock purchase options. This includes options to purchase stock at a discounted price, exercise stock options at predefined dates, or invest through a payroll deduction program. 3. Stock Appreciation: Vivien, Inc.'s ESOP enables employees to benefit from stock appreciation. As the company grows and prospers, participating employees have the potential to realize significant financial gains through the increased value of their stock holdings. 4. Retirement Planning: The ESOP also serves as a retirement planning tool, offering employees an additional source of income when they retire. The plan allows employees to accumulate substantial equity in the company, enhancing their financial security during their golden years. 5. Employee Ownership Culture: Vivien, Inc. fosters an employee ownership culture, encouraging employees to actively participate in the company's decision-making process and aligning their interests with overall organizational goals. This creates a sense of empowerment and a shared vision among the workforce. By offering a comprehensive Oregon Employee Stock Option Plan, Vivien, Inc. demonstrates its commitment to employee well-being, satisfaction, and financial stability. This program gives employees a chance to become partial owners of the company and aligns their interests with the organization's growth and success. In summary, the Oregon Employee Stock Option Plan of Vivien, Inc. provides employees with an opportunity to invest in the company's stock, benefit from its growth, and secure a brighter financial future. This employee-centric initiative serves as a driving force behind Vivien, Inc.'s continued success and its employees' professional and financial growth.

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  • Preview Employee Stock Option Plan of Vivigen, Inc.
  • Preview Employee Stock Option Plan of Vivigen, Inc.
  • Preview Employee Stock Option Plan of Vivigen, Inc.
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FAQ

The value of the options is typically determined using Black-Scholes or similar valuation formulas, which take into account such factors as the number of years until the option expires, prevailing interest rates, the volatility of the stock price, and the stock's dividend rate.

The standard stock option plan grants your employee a stock option that invests over four years. After the first year, there's a cliff?they don't own anything for their first 12 months, but after their first year, they invest in 25% of all the options you give them.

There are two types of stock options: incentive stock options (ISOs) and non-qualified stock options (NSOs). These mainly differ by how and when they're taxed. ISOs could qualify for special tax treatment. With NSOs, you usually have to pay taxes both when you exercise and sell.

An ESPP (employee stock purchase plan) allows employees to use after-tax wages to acquire their company's shares, usually at a discount of up to 15%. Quite commonly, companies offer a ''lookback'' feature in addition to the discount offered to make the plan more attractive.

What Is an Example of an ESOP? Consider an employee who has worked at a large tech firm for five years. Under the company's ESOP, they have the right to receive 20 shares after the first year, and 100 shares total after five years. When the employee retires, they will receive the share value in cash.

Stock options are a form of equity compensation that allows an employee to buy a specific number of shares at a pre-set price. Many startups, private companies, and corporations will include them as part of a compensation plan for prospective employees.

With stock-based compensation, employees in an early-stage business are offered stock options in addition to their salaries. The percentage of a company's shares reserved for stock options will typically vary from 5% to 15% and sometimes go up as high as 20%, depending on the development stage of the company.

Employee Stock option plan or Employee Stock Ownership Plan (ESOP) is an employee benefit scheme that enables employees to own shares in the company. These shares are purchased by employees at price below market price, or in other words, a discounted price.

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Oregon Employee Stock Option Plan of Vivigen, Inc.