Arkansas Stock Option and Dividend Equivalent Plan with exhibits of UGI Corp.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• Control #: US-CC-18-305
• Format: Word; Rich Text

Description

18-305 18-305 . . . Stock Option and Dividend Equivalent Plan which provides for issuance of Non-qualified Stock Options and Dividend Equivalents. From date of grant of option until earlier of (a) end of period selected by Committee over which total return realizable by stockholder of corporation on a share of stock is compared to that realizable by stockholders of companies in a Comparison Group ("Performance Period") or (b) date of participant's disability, death or termination of employment, corporation shall keep records for such participant ("Account") and shall credit Account with an amount equal to Dividend Equivalent associated with such option. Committee will determine measurable criteria pursuant to which total return realizable by stockholder on share of stock over applicable Performance Period can be compared to that realizable over same Performance Period by stockholders of Comparison Group. Extent to which participant receives payment of Dividend Equivalents will be determined by comparing such total return realizable by stockholder of the corporation to that realizable by stockholders of Comparison Group The Arkansas Stock Option and Dividend Equivalent Plan is a benefit offered to employees of UGI Corp., a leading energy company. This plan provides eligible employees with the opportunity to purchase company stock at a predetermined price or receive cash equivalent to the dividends paid on company stock. There are multiple types of Arkansas Stock Option and Dividend Equivalent Plans available to UGI Corp. employees. These plans aim to offer various benefits and flexibility based on the individual's preferences. Here are some key types of plans offered: 1. Employee Stock Option Plan (ESOP): UGI Corp.'s ESOP allows eligible employees to purchase company stock at a discount from the market price. This plan encourages long-term commitment and provides an opportunity to benefit from the company's growth. 2. Restricted Stock Units (RSS): RSS are another form of stock-based compensation offered by UGI Corp. Under this plan, eligible employees receive a specific number of units that convert into company shares at a predetermined vesting period. RSS provide employees with ownership in the company while also aligning their interests with shareholders. 3. Performance Stock Units (Plus): UGI Corp.'s Plus are granted based on predetermined performance metrics and goals. Employees who meet or exceed these targets are awarded additional company stock. Plus motivate and reward employees based on their performance and key contributions towards the company's success. 4. Dividend Equivalent Plan (DEP): The DEP offered by UGI Corp. allows eligible employees who do not choose stock options to receive cash equivalents to the dividends paid on company stock. This plan enables employees to share in the company's success even if they do not own company shares directly. Exhibit A: Sample Employee Stock Option Plan (ESOP) Agreement — This exhibit provides a detailed example of an ESOP agreement, including the terms and conditions, exercise price, vesting schedule, and tax implications. Exhibit B: Restricted Stock Units (RSS) Grant Agreement — This exhibit showcases the terms and conditions of RSS, such as the number of units granted, vesting schedule, and the conversion ratio to company shares. Exhibit C: Performance Stock Units (Plus) Performance Metrics — This exhibit highlights the performance metrics and goals set by UGI Corp. for awarding Plus. It explains how each metric is calculated and how it impacts the number of Plus allocated to employees. Exhibit D: Dividend Equivalent Plan (DEP) Cash Distribution Policy — This exhibit outlines the policy and process for calculating and distributing cash equivalents to eligible employees who participate in the DEP. It covers the timing of distributions, tax treatment, and any restrictions or limitations. Overall, UGI Corp.'s Arkansas Stock Option and Dividend Equivalent Plans provide employees with various avenues to participate in the company's growth and success while aligning their interests with shareholder value. The exhibit examples enhance transparency and elucidate the specific terms and processes associated with each plan.

The Arkansas Stock Option and Dividend Equivalent Plan is a benefit offered to employees of UGI Corp., a leading energy company. This plan provides eligible employees with the opportunity to purchase company stock at a predetermined price or receive cash equivalent to the dividends paid on company stock. There are multiple types of Arkansas Stock Option and Dividend Equivalent Plans available to UGI Corp. employees. These plans aim to offer various benefits and flexibility based on the individual's preferences. Here are some key types of plans offered: 1. Employee Stock Option Plan (ESOP): UGI Corp.'s ESOP allows eligible employees to purchase company stock at a discount from the market price. This plan encourages long-term commitment and provides an opportunity to benefit from the company's growth. 2. Restricted Stock Units (RSS): RSS are another form of stock-based compensation offered by UGI Corp. Under this plan, eligible employees receive a specific number of units that convert into company shares at a predetermined vesting period. RSS provide employees with ownership in the company while also aligning their interests with shareholders. 3. Performance Stock Units (Plus): UGI Corp.'s Plus are granted based on predetermined performance metrics and goals. Employees who meet or exceed these targets are awarded additional company stock. Plus motivate and reward employees based on their performance and key contributions towards the company's success. 4. Dividend Equivalent Plan (DEP): The DEP offered by UGI Corp. allows eligible employees who do not choose stock options to receive cash equivalents to the dividends paid on company stock. This plan enables employees to share in the company's success even if they do not own company shares directly. Exhibit A: Sample Employee Stock Option Plan (ESOP) Agreement — This exhibit provides a detailed example of an ESOP agreement, including the terms and conditions, exercise price, vesting schedule, and tax implications. Exhibit B: Restricted Stock Units (RSS) Grant Agreement — This exhibit showcases the terms and conditions of RSS, such as the number of units granted, vesting schedule, and the conversion ratio to company shares. Exhibit C: Performance Stock Units (Plus) Performance Metrics — This exhibit highlights the performance metrics and goals set by UGI Corp. for awarding Plus. It explains how each metric is calculated and how it impacts the number of Plus allocated to employees. Exhibit D: Dividend Equivalent Plan (DEP) Cash Distribution Policy — This exhibit outlines the policy and process for calculating and distributing cash equivalents to eligible employees who participate in the DEP. It covers the timing of distributions, tax treatment, and any restrictions or limitations. Overall, UGI Corp.'s Arkansas Stock Option and Dividend Equivalent Plans provide employees with various avenues to participate in the company's growth and success while aligning their interests with shareholder value. The exhibit examples enhance transparency and elucidate the specific terms and processes associated with each plan.