Harris Texas Opción de compra de acciones y plan de adjudicación - Stock Option and Award Plan

• Category: Sociedades Anónimas - Valores
• State: Multi-State
• County: Harris
• 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 Harris Texas Stock Option and Award Plan is a valuable employee compensation program designed to incentivize and reward employees of Harris Corporation in Texas. This plan provides employees with the opportunity to acquire company stock options and other awards as a means of encouraging long-term commitment, performance excellence, and alignment with shareholder interests. One of the main components of this plan is the stock option, which grants employees the right to purchase a specified number of company shares at a predetermined price within a specified time frame. This stock option allows employees to benefit from potential stock price appreciation over time, providing a potential financial gain. In addition to stock options, the Harris Texas Stock Option and Award Plan may also include other types of awards such as stock appreciation rights, which entitle employees to receive an amount equal to the appreciation in the company's stock value over a specified period. These awards provide employees with the opportunity to share in the success of the company and directly benefit from its growth. Furthermore, the plan may offer restricted stock units (RSS) to employees, which represent a promise to deliver a specific number of company shares in the future, subject to certain vesting conditions. RSS serve as a retention tool, encouraging employees to remain with the company for a specified period to fully realize the value of their awarded shares. The Harris Texas Stock Option and Award Plan are structured to balance the interests of employees and shareholders alike. By linking compensation to the company's stock performance, employees have a vested interest in the company's long-term success. Furthermore, the plan's vesting schedules and performance criteria ensure that employees are rewarded based on their individual and the company's overall performance. It is worth noting that the specific terms and conditions of the Harris Texas Stock Option and Award Plan may vary depending on an employee's position, level of seniority, and contribution to the company. The plan may also be subject to periodic review and modifications to remain competitive and aligned with market standards. Overall, the Harris Texas Stock Option and Award Plan serves as a comprehensive compensation tool, providing eligible employees with various forms of equity-based awards. These incentives foster a culture of performance, loyalty, and shared success within Harris Corporation in Texas.

The Harris Texas Stock Option and Award Plan is a valuable employee compensation program designed to incentivize and reward employees of Harris Corporation in Texas. This plan provides employees with the opportunity to acquire company stock options and other awards as a means of encouraging long-term commitment, performance excellence, and alignment with shareholder interests. One of the main components of this plan is the stock option, which grants employees the right to purchase a specified number of company shares at a predetermined price within a specified time frame. This stock option allows employees to benefit from potential stock price appreciation over time, providing a potential financial gain. In addition to stock options, the Harris Texas Stock Option and Award Plan may also include other types of awards such as stock appreciation rights, which entitle employees to receive an amount equal to the appreciation in the company's stock value over a specified period. These awards provide employees with the opportunity to share in the success of the company and directly benefit from its growth. Furthermore, the plan may offer restricted stock units (RSS) to employees, which represent a promise to deliver a specific number of company shares in the future, subject to certain vesting conditions. RSS serve as a retention tool, encouraging employees to remain with the company for a specified period to fully realize the value of their awarded shares. The Harris Texas Stock Option and Award Plan are structured to balance the interests of employees and shareholders alike. By linking compensation to the company's stock performance, employees have a vested interest in the company's long-term success. Furthermore, the plan's vesting schedules and performance criteria ensure that employees are rewarded based on their individual and the company's overall performance. It is worth noting that the specific terms and conditions of the Harris Texas Stock Option and Award Plan may vary depending on an employee's position, level of seniority, and contribution to the company. The plan may also be subject to periodic review and modifications to remain competitive and aligned with market standards. Overall, the Harris Texas Stock Option and Award Plan serves as a comprehensive compensation tool, providing eligible employees with various forms of equity-based awards. These incentives foster a culture of performance, loyalty, and shared success within Harris Corporation in Texas.

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.