Pennsylvania Director stock program

State:
Multi-State
Control #:
US-CC-18-172
Format:
Word; 
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Description

18-172 18-172 . . Director Stock Program which provides that, on first day of director's term, such director will be granted option to acquire 900 shares of common stock, and on first day of each subsequent year of director's term, he or she will be granted options to acquire 300 shares of common stock. Options are at fair market value on date of grant and are exercisable in full six months after date of grant. The Director Stock Program also provides that, on first day of director's term, he or she will be awarded right to purchase 450 shares of restricted stock, and on first day of the second and third year of such director's term, he or she will be awarded right to purchase 150 shares of restricted stock. Purchase price will be equal to par value of common stock
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FAQ

Hear this out loud PauseA Pennsylvania registered agent is an individual or company that accepts service of process and other legal notifications on behalf of a Pennsylvania business. Both LLCs and corporations are legally required to have a registered agent.

Hear this out loud PauseTo operate in Pennsylvania, businesses must register their business structure ? such as an LLC, partnership, corporation, or other structure ? with the Pennsylvania Department of State.

Therefore, any individual, sole proprietorship, partnership, corporation, limited liability company, or other form of association conducting commercial activities under a name other than its/his/her real or proper name must register this name with the Pennsylvania Department of State.

The minimum educational qualification for the award of the Pennsylvania Director Credential is an Associate's degree. A candidate must have an Associate's, Bachelor's or Master's degree with a total of 18 Early Childhood Education (ECE) credits as follows: 9 ECE credits from coursework and.

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Pennsylvania Director stock program