Virginia Sustained Profit Growth Plan

State:
Multi-State
Control #:
US-CC-20-160H
Format:
Word; 
Rich Text
Instant download

Description

20-160H 20-160H . . . Sustained Profit Growth Plan under which (a) each officer of the level of Senior vice President and above receives a contingent cash award equal to a specified percentage of his or her annual base salary and (b) actual awards are determined by measuring the corporation's performance of previously selected business measures and attainment of specific objective numeric goals relating to those measures over a three year performance period. The measures may include return on average or year-end equity, return on average or year-end assets, earnings per share, growth in earnings per share, increase in the corporation's common stock price, total return to stockholders, growth in net income per employee, growth in non-interest income, control of net overhead expense, control of non-performing loans, capital adequacy, and adequacy of loan loss reserves
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The Rail Industrial Access (RIA) program provides funds to construct railroad tracks for new or substantially expanded industrial and commercial projects having a positive impact on economic development in Virginia. Rail Industrial Access Program | Virginia Economic Development ... vedp.org ? incentive ? rail-industrial-access-... vedp.org ? incentive ? rail-industrial-access-...

Created in 1995, VEDP collaborates with local, regional, and state partners to encourage the expansion and diversification of Virginia's economy. About VEDP | Virginia Economic Development Partnership vedp.org ? about-vedp vedp.org ? about-vedp

The Economic Development Access (EDA) program is a state-funded incentive to assist localities in providing adequate road access to new and expanding manufacturing and processing companies, research and development facilities, distribution centers, regional service centers, corporate headquarters, and other basic ...

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Virginia Sustained Profit Growth Plan