18-323 18-323 . . . Stock Option and Award Plan under which Committee can grant (a) Incentive Stock Options and Non-qualified Stock Options to persons other that outside directors, (b) Non-qualified Stock Options to outside directors (15,000 shares on his or her date of election or appointment and 15,000 shares every three years upon his or her re-election), (c) Restricted Stock, and (d) Performance Shares which have value equal to fair market value of share of stock on date Performance Share is earned. Committee sets performance goals which, depending on extent to which they are met, will determine number of Performance Shares that will be earned by Participants. Committee uses one or more of following performance measures for purposes of grants of Performance Shares: total stockholder return, return on assets, return on equity, earnings per share, and ratio of operating overhead to operating revenues
Puerto Rico Stock Option and Award Plan of Amresco, Inc.
Category:
State:
Multi-State
Control #:
US-CC-18-323
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Stock Option And Award Plan Of Amresco, Inc.?
Finding the right legitimate file template might be a have a problem. Obviously, there are tons of themes accessible on the Internet, but how do you obtain the legitimate kind you need? Take advantage of the US Legal Forms internet site. The service provides thousands of themes, including the Puerto Rico Stock Option and Award Plan of Amresco, Inc., that you can use for enterprise and private demands. Every one of the types are examined by experts and satisfy federal and state requirements.
If you are currently authorized, log in for your bank account and click on the Download switch to find the Puerto Rico Stock Option and Award Plan of Amresco, Inc.. Make use of your bank account to search from the legitimate types you may have bought formerly. Proceed to the My Forms tab of your own bank account and obtain yet another copy of your file you need.
If you are a new customer of US Legal Forms, here are basic recommendations that you can comply with:
- Very first, ensure you have selected the proper kind for your personal area/region. You may check out the form utilizing the Review switch and browse the form explanation to make sure this is the right one for you.
- If the kind will not satisfy your needs, utilize the Seach discipline to obtain the proper kind.
- Once you are positive that the form is proper, click the Acquire now switch to find the kind.
- Pick the costs prepare you need and enter in the required details. Create your bank account and pay for your order using your PayPal bank account or bank card.
- Choose the data file formatting and download the legitimate file template for your gadget.
- Comprehensive, edit and produce and indication the attained Puerto Rico Stock Option and Award Plan of Amresco, Inc..
US Legal Forms may be the largest collection of legitimate types where you will find different file themes. Take advantage of the service to download professionally-produced paperwork that comply with state requirements.
Form popularity
FAQ
Restricted stock awards represent actual ownership of stock and come with conditions on the timing of their sale. An employee benefits from stock options when they buy the stock at the exercise price and then sell it at a higher price.
A stock grant provides the recipient with value?the corporate stock. By contrast, stock options only offer employees the opportunity to purchase something of value. They can acquire the corporate stock at a set price, but the employees receiving stock options still have to pay for those stocks if they want them.
A stock option plan is a mechanism for affording selected employees and executives or managers of a company the opportunity to acquire stock in their company at a price determined at the time the options are granted and fixed for the term of the options.
A stock option award is a type of compensation contract that companies use to incentivize employees. This contract is an agreement between the company and employee that gives them the right, but not the obligation, to purchase shares of company stock at a set price in the future (usually for pennies on the dollar).
Restricted stock awards (RSAs) and restricted stock units (RSUs) are two alternatives to stock options (such as ISOs and NSOs) that companies can use to compensate their employees. While stock options offer employees the ?option? to buy shares at a fixed price, RSAs and RSUs are grants of stock.
Stock awards provide corporations a way to pay their executives based on company performance so their compensation aligns with the expectations of the shareholders. Companies may also grant stock awards to lower-level employees to incentivize them to take ownership of the company's performance and retain their loyalty.
A restricted stock award is when a company grants someone stock as a form of compensation. The stock awarded has additional conditions on it, including a vesting schedule, so is called restricted stock. Restricted stock awards may also be called simply stock awards or stock grants.
Stock options give employees the option to buy a certain number of shares at a predetermined price within a specified period. Equity, on the other hand, gives employees actual shares of the company, either outright or subject to vesting conditions.