Bronx New York Opción de compra de acciones y plan de adjudicación - Stock Option and Award Plan

• Category: Sociedades Anónimas - Valores
• State: Multi-State
• County: Bronx
• Control #: US-C-18-323
• Format: Word

Description

This form is a Stock Option and Award Plan. The purpose of the plan is to secure for the stockholders the benefits of the incentive in stock ownership. The transactions are intended to comply with all applicable conditions of Rule 16b-3. The Bronx New York Stock Option and Award Plan is a comprehensive program designed to incentivize and reward employees in the Bronx, New York with stock options and various types of awards. This plan is implemented by companies and organizations operating in the Bronx to attract and retain talented individuals by providing them with financial benefits tied to the company's performance and growth. Stock options are a key component of this plan, offering employees the right to purchase a specific number of company shares at a predetermined price, known as the exercise price. By granting stock options, employers give employees the opportunity to share in the company's success as the stock price appreciates over time. This encourages employees to contribute to the organization's long-term growth and aligns their interests with those of the company and shareholders. In addition to stock options, the Bronx New York Stock Option and Award Plan may include different types of awards to recognize and reward employees' dedication and exceptional performance. Some common types of awards under this plan include: 1. Restricted Stock Units (RSS): RSS are awards that grant employees a specified number of company shares, typically subject to a vesting period. Once the vesting requirements are satisfied, employees receive the shares as outright ownership, providing them with the opportunity to benefit from the company's success. 2. Performance Shares: Performance shares are granted based on predefined performance metrics and goals. Employees receive shares if they achieve these targets, often requiring specific financial or operational milestones to be met. Performance shares align employees' efforts with the company's objectives, fostering a high-performance culture. 3. Stock Appreciation Rights (SARS): SARS grant employees the right to receive the appreciation in the stock value between the grant date and exercise date. Employees can choose to exercise SARS and receive the excess value in cash, additional shares, or a combination of both. 4. Cash Bonuses: Alongside equity-based awards, the plan may also incorporate cash bonuses as a form of recognition. These bonuses can be tied to individual, team, or company-wide performance, providing immediate financial rewards for outstanding work. Companies implementing the Bronx New York Stock Option and Award Plan understand the importance of attracting and retaining top talent in a competitive environment. By offering a mix of stock options and awards, this plan allows employees to share in the company's success, contribute to its growth, and feel valued for their commitment and achievements.

The Bronx New York Stock Option and Award Plan is a comprehensive program designed to incentivize and reward employees in the Bronx, New York with stock options and various types of awards. This plan is implemented by companies and organizations operating in the Bronx to attract and retain talented individuals by providing them with financial benefits tied to the company's performance and growth. Stock options are a key component of this plan, offering employees the right to purchase a specific number of company shares at a predetermined price, known as the exercise price. By granting stock options, employers give employees the opportunity to share in the company's success as the stock price appreciates over time. This encourages employees to contribute to the organization's long-term growth and aligns their interests with those of the company and shareholders. In addition to stock options, the Bronx New York Stock Option and Award Plan may include different types of awards to recognize and reward employees' dedication and exceptional performance. Some common types of awards under this plan include: 1. Restricted Stock Units (RSS): RSS are awards that grant employees a specified number of company shares, typically subject to a vesting period. Once the vesting requirements are satisfied, employees receive the shares as outright ownership, providing them with the opportunity to benefit from the company's success. 2. Performance Shares: Performance shares are granted based on predefined performance metrics and goals. Employees receive shares if they achieve these targets, often requiring specific financial or operational milestones to be met. Performance shares align employees' efforts with the company's objectives, fostering a high-performance culture. 3. Stock Appreciation Rights (SARS): SARS grant employees the right to receive the appreciation in the stock value between the grant date and exercise date. Employees can choose to exercise SARS and receive the excess value in cash, additional shares, or a combination of both. 4. Cash Bonuses: Alongside equity-based awards, the plan may also incorporate cash bonuses as a form of recognition. These bonuses can be tied to individual, team, or company-wide performance, providing immediate financial rewards for outstanding work. Companies implementing the Bronx New York Stock Option and Award Plan understand the importance of attracting and retaining top talent in a competitive environment. By offering a mix of stock options and awards, this plan allows employees to share in the company's success, contribute to its growth, and feel valued for their commitment and achievements.

Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.