20-162L 20-162L . . . Long Term Incentive Program For Senior Management under which Compensation Committee may award (a) stock appreciation rights and (b) performance share units. Performance share units entitle holder to receive cash payment equal to (i) average market price of one share of corporation common stock during December ("Measuring Month") in third calendar year following year in which award is made, plus (ii) aggregate dividends with respect to one share of corporation common stock from January 1 of year in which award is made until last day of Measuring Month. At maturity, number of units initially awarded shall be (i) multiplied by fraction that corresponds to average annual percentage increase or decrease in book value per share of corporation common stock over four year period prior to maturity, and (ii) then further adjusted based on ratio of market value of corporation common stock to its book value as compared to that of comparable electric utility companies
Detroit Michigan Long Term Incentive Program for Senior Management
State:
Multi-State
City:
Detroit
Control #:
US-CC-20-162L
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Word;
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Introduction. On July 24, 1701, Antoine de La Mothe Cadillac, accompanied by approximately one hundred fellow Frenchmen and an additional one hundred Algonquian Indians, established Fort Pontchartrain du Detroit on a site that is today in downtown Detroit.
The Metro Detroit area, home to 4.3 million people, is the second-largest in the Midwest after the Chicago metropolitan area and the 14th-largest in the United States.
Long known as the automobile capital of the world, Detroit is also famous for its distinctive Motown music sound from the 1960s. Detroit is home to a rich mix of people from various ethnic backgrounds, including citizens of Italian, English, German, Polish, Irish, Mexican, Middle Eastern, African, and Greek descent.
Long known as the automobile capital of the world, Detroit is also famous for its distinctive Motown music sound from the 1960s. Detroit is home to a rich mix of people from various ethnic backgrounds, including citizens of Italian, English, German, Polish, Irish, Mexican, Middle Eastern, African, and Greek descent. Detroit History detroitmi.gov ? departments ? detroit-history detroitmi.gov ? departments ? detroit-history
Introduction. On July 24, 1701, Antoine de La Mothe Cadillac, accompanied by approximately one hundred fellow Frenchmen and an additional one hundred Algonquian Indians, established Fort Pontchartrain du Detroit on a site that is today in downtown Detroit.
Rich in Culture Having played a significant role in the country's automobile industry, sports scene, the arts community, and more, Detroit's story is rich and one worth exploring.
Detroit, Michigan's largest city, had seen an exodus of people since the 1950s. Yet the estimates released Thursday show the population of Michigan's largest city rose by just 1,852 people from 631,366 in 2022 to 633,218 last year.
Detroit is home to some of the most unique and fascinating cultural attractions in the country. The Detroit Institute of Arts, for example, boasts an impressive collection of over 65,000 works of art, including masterpieces by Van Gogh, Matisse, and Rivera.
Detroit is best known as the center of the U.S. automotive industry, and the "Big Three" auto manufacturers?General Motors, Ford, and Stellantis North America (Chrysler)?are all headquartered in Metro Detroit. The Detroit Metropolitan Airport is among the most important hub airports in the United States.
