Wake North Carolina Stock Option and Incentive Plan of Hurco Companies, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• County: Wake
• Control #: US-CC-18-341
• Format: Word; Rich Text

Description

18-341 18-341 . . . Stock Option and Incentive Plan under which Compensation Committee can grant (a) Incentive Stock Options, (b) Non-qualified Stock Options, (c) Restricted Shares, (d) Performance Shares (which are converted into cash upon satisfaction of specified performance goals established on one or more of following business criteria: earnings per share, return on equity, return on assets, operating income, or market value per share), and (e) Affiliated, Freestanding and Tandem Stock Appreciation Rights. Committee has discretion to establish special rules applicable to awards to grantees outside of United States in order to comply with foreign law or practice The Wake North Carolina Stock Option and Incentive Plan of Church Companies, Inc. is a comprehensive program designed to reward and incentivize employees in the Wake North Carolina region of the company. This plan offers various types of stock options and incentives to attract and retain talented individuals in the organization. One type of stock option offered under this plan is the non-qualified stock option. A non-qualified stock option grants employees the right to purchase a specified number of shares at a predetermined price within a specific time frame. These stock options provide employees with the opportunity to share in the company's success and potentially benefit from future stock price appreciation. Another type of stock option provided by this plan is the incentive stock option. Incentive stock options are granted to employees with certain tax advantages. If certain holding period and other requirements are met, the gains from exercising these options may be taxed at a lower rate compared to non-qualified stock options. In addition to stock options, the Wake North Carolina Stock Option and Incentive Plan may also include other forms of incentives. These could include performance-based bonuses, cash awards, restricted stock units (RSS), or performance shares. These incentives aim to motivate employees to strive for excellence and achieve predetermined goals set by the company. The plan is carefully designed to align the interests of employees with those of the company's shareholders. By offering employees the opportunity to participate in the company's growth and success, the plan helps create a sense of ownership and pride among the workforce. To be eligible for the Wake North Carolina Stock Option and Incentive Plan, employees must meet certain criteria set by the company. These criteria may include job performance, tenure, and other terms outlined in the plan documents. The number of stock options or incentives granted may vary depending on factors such as position, level of responsibility, and overall contribution to the company's success. In summary, the Wake North Carolina Stock Option and Incentive Plan of Church Companies, Inc. is a comprehensive program that provides employees in the Wake North Carolina region with various types of stock options and incentives. These rewards aim to attract, retain, and motivate talented individuals, aligning their interests with the company's long-term success.

The Wake North Carolina Stock Option and Incentive Plan of Church Companies, Inc. is a comprehensive program designed to reward and incentivize employees in the Wake North Carolina region of the company. This plan offers various types of stock options and incentives to attract and retain talented individuals in the organization. One type of stock option offered under this plan is the non-qualified stock option. A non-qualified stock option grants employees the right to purchase a specified number of shares at a predetermined price within a specific time frame. These stock options provide employees with the opportunity to share in the company's success and potentially benefit from future stock price appreciation. Another type of stock option provided by this plan is the incentive stock option. Incentive stock options are granted to employees with certain tax advantages. If certain holding period and other requirements are met, the gains from exercising these options may be taxed at a lower rate compared to non-qualified stock options. In addition to stock options, the Wake North Carolina Stock Option and Incentive Plan may also include other forms of incentives. These could include performance-based bonuses, cash awards, restricted stock units (RSS), or performance shares. These incentives aim to motivate employees to strive for excellence and achieve predetermined goals set by the company. The plan is carefully designed to align the interests of employees with those of the company's shareholders. By offering employees the opportunity to participate in the company's growth and success, the plan helps create a sense of ownership and pride among the workforce. To be eligible for the Wake North Carolina Stock Option and Incentive Plan, employees must meet certain criteria set by the company. These criteria may include job performance, tenure, and other terms outlined in the plan documents. The number of stock options or incentives granted may vary depending on factors such as position, level of responsibility, and overall contribution to the company's success. In summary, the Wake North Carolina Stock Option and Incentive Plan of Church Companies, Inc. is a comprehensive program that provides employees in the Wake North Carolina region with various types of stock options and incentives. These rewards aim to attract, retain, and motivate talented individuals, aligning their interests with the company's long-term success.