Arkansas Stock Option and Award Plan of Amresco, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• Control #: US-CC-18-323
• Format: Word; Rich Text

Description

18-323 18-323 . . . Stock Option and Award Plan under which Committee can grant (a) Incentive Stock Options and Non-qualified Stock Options to persons other that outside directors, (b) Non-qualified Stock Options to outside directors (15,000 shares on his or her date of election or appointment and 15,000 shares every three years upon his or her re-election), (c) Restricted Stock, and (d) Performance Shares which have value equal to fair market value of share of stock on date Performance Share is earned. Committee sets performance goals which, depending on extent to which they are met, will determine number of Performance Shares that will be earned by Participants. Committee uses one or more of following performance measures for purposes of grants of Performance Shares: total stockholder return, return on assets, return on equity, earnings per share, and ratio of operating overhead to operating revenues Arkansas Stock Option and Award Plan of Fresco, Inc., is a comprehensive employee compensation program offered by the company based in Arkansas. This plan aims to incentivize and reward employees for their contributions towards the growth and success of Fresco, Inc. It serves as a tool to attract, retain, motivate, and align the interests of employees with the company's long-term objectives. The Arkansas Stock Option and Award Plan provides employees with various types of stock-based awards and options, granting them the opportunity to purchase company stock at a predetermined price within a specified timeframe. By granting stock options, employees are granted the right to purchase a specified number of shares at a future date, usually at a discounted price. This allows employees to share in the company's success through stock ownership, aligning their interests with stakeholders and promoting a sense of ownership and commitment. There are several types of stock-based awards and options available under the Arkansas Stock Option and Award Plan of Fresco, Inc. These may include: 1. Stock Options: Employees are granted the option to purchase company stock at a predetermined exercise price within a specific period. This provides employees with the potential to profit from the appreciation of the company's stock value. 2. Restricted Stock Units (RSS): RSS are stock-based awards that grant employees the right to receive company stock after a vesting period. The stock is typically issued as a reward for achieving specific performance milestones or as compensation for their contribution to the company's success. 3. Performance Stock Units (Plus): Plus are stock-based awards that align employee compensation with the company's performance goals. The number of shares received depends on the achievement of specific performance targets set by Fresco, Inc. This incentivizes employees to contribute to the company's growth and success. 4. Stock Appreciation Rights (SARS): SARS provide employees with the opportunity to earn additional compensation equal to the appreciation in the company's stock price over a defined period. Unlike stock options, SARS do not require the employee to purchase stock but rather receive cash or additional stock equivalent to the value of the appreciation. These different types of stock options and awards offered through the Arkansas Stock Option and Award Plan of Fresco, Inc. aim to attract and retain talented employees, foster a positive work environment, and drive performance by aligning the employees' interests with the company's long-term growth. It provides employees with the opportunity to share in the success of the company while promoting a sense of ownership and dedication.

Arkansas Stock Option and Award Plan of Fresco, Inc., is a comprehensive employee compensation program offered by the company based in Arkansas. This plan aims to incentivize and reward employees for their contributions towards the growth and success of Fresco, Inc. It serves as a tool to attract, retain, motivate, and align the interests of employees with the company's long-term objectives. The Arkansas Stock Option and Award Plan provides employees with various types of stock-based awards and options, granting them the opportunity to purchase company stock at a predetermined price within a specified timeframe. By granting stock options, employees are granted the right to purchase a specified number of shares at a future date, usually at a discounted price. This allows employees to share in the company's success through stock ownership, aligning their interests with stakeholders and promoting a sense of ownership and commitment. There are several types of stock-based awards and options available under the Arkansas Stock Option and Award Plan of Fresco, Inc. These may include: 1. Stock Options: Employees are granted the option to purchase company stock at a predetermined exercise price within a specific period. This provides employees with the potential to profit from the appreciation of the company's stock value. 2. Restricted Stock Units (RSS): RSS are stock-based awards that grant employees the right to receive company stock after a vesting period. The stock is typically issued as a reward for achieving specific performance milestones or as compensation for their contribution to the company's success. 3. Performance Stock Units (Plus): Plus are stock-based awards that align employee compensation with the company's performance goals. The number of shares received depends on the achievement of specific performance targets set by Fresco, Inc. This incentivizes employees to contribute to the company's growth and success. 4. Stock Appreciation Rights (SARS): SARS provide employees with the opportunity to earn additional compensation equal to the appreciation in the company's stock price over a defined period. Unlike stock options, SARS do not require the employee to purchase stock but rather receive cash or additional stock equivalent to the value of the appreciation. These different types of stock options and awards offered through the Arkansas Stock Option and Award Plan of Fresco, Inc. aim to attract and retain talented employees, foster a positive work environment, and drive performance by aligning the employees' interests with the company's long-term growth. It provides employees with the opportunity to share in the success of the company while promoting a sense of ownership and dedication.