Alabama Management Incentive Plan of Ex-Cell-O Corp

State:
Multi-State
Control #:
US-CC-20-200
Format:
Word; 
Rich Text
Instant download

Description

This sample form, a detailed Management Incentive Plan document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
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FAQ

Incentives like restricted stock-based packages and cash bonuses ? awarded to employees after reaching certain long-term goals or staying on at the company for specified time frames ? are examples of long-term incentive compensation.

Incentive compensation is simply additional money, or rewards of value (i.e. stock), paid to employees based on their performance, and on top of their base salary. The performance measures companies use to structure these comp plans can vary widely.

Incentive compensation is simply additional money, or rewards of value (i.e. stock), paid to employees based on their performance, and on top of their base salary. The performance measures companies use to structure these comp plans can vary widely.

Payout Opportunity A Participant's payout target amount under the Plan is determined by pay grade as follows: The range of incentive opportunity for a Plan Participant is 0% to 200% of the Participant's total value target. This means the maximum payout that a Participant can receive from this Plan is 200%.

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Alabama Management Incentive Plan of Ex-Cell-O Corp