Oregon Proposals to Approve Employees' Stock Deferral Plan and Directors' Stock Deferral Plan involve different types of equity compensation programs designed for employees and directors of companies in Oregon. These plans allow participants to defer a portion of their compensation or bonuses and convert it into company stock or other investment vehicles. This detailed description will provide an overview of these two plans and discuss their benefits and key features. 1. Employees' Stock Deferral Plan: The Employees' Stock Deferral Plan is a type of equity compensation program offered to employees of Oregon-based companies. This plan allows eligible employees to defer a portion of their salary, bonuses, or other compensation, and instead receive company stock or other investment options at a later date. By participating in this plan, employees can potentially benefit from the growth in the company's stock value over time. Key Features of the Employees' Stock Deferral Plan: — Eligibility: This plan is typically offered to key employees or executives within the organization. — Deferral Options: Participants can choose to defer a specific percentage or a fixed amount of their compensation, which is then converted into company stock or other investment vehicles. — Vesting Schedule: The plan may include a vesting schedule which determines when the deferred stock or investments become fully owned by the employee. — Tax Deferral: Participants may enjoy tax advantages as the income is deferred until a later date. — Investment Options: Participants may have the flexibility to select how their deferred contributions are invested, allowing them to tailor their investment strategy to their preferences. — Retirement Planning: The Employees' Stock Deferral Plan can offer a valuable tool for retirement planning, as the accumulated stock or investments can generate potential long-term growth. 2. Directors' Stock Deferral Plan: The Directors' Stock Deferral Plan is a similar equity compensation program designed specifically for the directors of Oregon-based companies. This plan allows eligible directors to defer a portion of their board fees, retainers, or other compensation and convert it into company stock or other investment options at a later date. The Directors' Stock Deferral Plan aims to align the interests of the directors with the company's long-term success. Key Features of the Directors' Stock Deferral Plan: — Eligibility: This plan is offered to directors serving on the board of Oregon-based companies. — Deferral Options: Directors can choose to defer a specific percentage or a fixed amount of their compensation, which is converted into company stock or other investment vehicles. — Vesting Schedule: Similar to the Employees' Stock Deferral Plan, the Directors' plan may include a vesting schedule determining when the deferred stock or investments become fully owned by the director. — Tax Benefits: Directors can benefit from potential tax deferrals until the time of distribution, which aligns with their individual tax planning strategies. — Alignment of Interests: The plan aligns directors with company shareholders by incentivizing them to work towards long-term growth and success. — Flexibility: Directors may have options to select investment vehicles and potentially diversify their deferred compensation. In conclusion, Oregon Proposals to Approve Employees' Stock Deferral Plan and Directors' Stock Deferral Plan offer employees and directors of Oregon-based companies the opportunity to defer a portion of their compensation and convert it into company stock or other investment options. These plans serve as a valuable tool for long-term growth, retirement planning, tax advantages, and aligning the interests of employees or directors with the company's success.