Plano Texas Stock Option Plan which provides for grant of Incentive Stock Options and Nonqualified Stock Options to executive officers

State:
Multi-State
City:
Plano
Control #:
US-CC-18-210C
Format:
Word; 
Rich Text
Instant download

Description

18-210C 18-210C . . . Stock Option Plan which provides for grant of Incentive Stock Options and Non-qualified Stock Options to executive officers of corporation and (b) Non-qualified Stock Options to outside directors on following basis: an initial grant of option to purchase 10,000 shares of the stock plus annual grants of options to purchase 5,000 shares, provided outside director continues to serve as outside director. Each outside director also receives annual option grant of 2,000 shares for each committee on which he or she serves. Outside directors' options are not exercisable during first 12 months of their term. After 12 months they become exercisable as to 24% plus 2% for each complete month of continuous service in excess of 12 months until fully vested. Options may also be granted to executive officers residing in foreign jurisdictions. Board of Directors may adopt such supplements to Plan as may be necessary to comply with applicable laws of such foreign jurisdictions and to afford participants favorable treatment under such laws
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  • Preview Stock Option Plan which provides for grant of Incentive Stock Options and Nonqualified Stock Options to executive officers
  • Preview Stock Option Plan which provides for grant of Incentive Stock Options and Nonqualified Stock Options to executive officers
  • Preview Stock Option Plan which provides for grant of Incentive Stock Options and Nonqualified Stock Options to executive officers
  • Preview Stock Option Plan which provides for grant of Incentive Stock Options and Nonqualified Stock Options to executive officers
  • Preview Stock Option Plan which provides for grant of Incentive Stock Options and Nonqualified Stock Options to executive officers
  • Preview Stock Option Plan which provides for grant of Incentive Stock Options and Nonqualified Stock Options to executive officers
  • Preview Stock Option Plan which provides for grant of Incentive Stock Options and Nonqualified Stock Options to executive officers
  • Preview Stock Option Plan which provides for grant of Incentive Stock Options and Nonqualified Stock Options to executive officers
  • Preview Stock Option Plan which provides for grant of Incentive Stock Options and Nonqualified Stock Options to executive officers

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In a recent SmartAsset study, Plano ranked #9 for the wealthiest middle class. The median salary for a Plano resident is $95,002. In a SmartAsset study of the median household income in America's largest 100 cities, Plano ranked #9 for the most wealthy middle class.

Plano, considered the ?Balloon Capital of Texas,? hosts a popular hot-air balloon festival each September. Inc. 1873.

In 1994, the city was recognized as an All-America City. By 2000, the population grew to 222,030, making it one of the largest suburbs of Dallas. Plano is surrounded by other municipalities and therefore cannot expand in area, and there is little undeveloped land remaining within the city limits.

Quality medical care facilities, superior educational opportunities, and excellent recreational and cultural amenities contribute to the quality of life for Plano's citizens.

Plano Demographics White: 55.55% Asian: 22.68% Two or more races: 9.2% Black or African American: 9.02%

Plano is the headquarters of Frito-Lay, a division of Pepsico. Heritage Farmstead Museum occupies a former sheep ranch. Plano, considered the ?Balloon Capital of Texas,? hosts a popular hot-air balloon festival each September.

Plano (/?ple?no?/ PLAY-noh) is a city in the U.S. state of Texas, where it is the largest city in Collin County. Plano is also one of the principal cities of the Dallas-Fort Worth metropolitan area.

The median property value in Plano, TX was $358,100 in 2021, which is 1.46 times larger than the national average of $244,900. Between 2020 and 2021 the median property value increased from $341,800 to $358,100, a 4.77% increase.

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Plano Texas Stock Option Plan which provides for grant of Incentive Stock Options and Nonqualified Stock Options to executive officers