Title: Arkansas Proposed Book Value Phantom Stock Plan for First Florida Bank, Inc.: A Detailed Description and Appendix Guide Keywords: Arkansas, Proposed book value phantom stock plan, First Florida Bank, Inc., detailed description, appendices Introduction: This comprehensive guide provides a detailed description of the Arkansas Proposed Book Value Phantom Stock Plan specifically designed for First Florida Bank, Inc. It outlines the main features, benefits, and implementation process of this innovative compensation plan, along with accompanying appendices designed to support the plan's effective execution. 1. Chapter 1: Overview of the Arkansas Proposed Book Value Phantom Stock Plan — Understanding the concept of phantom stock and its implications for First Florida Bank, Inc. — Overview of the Arkansas proposed plan and its alignment with the bank's goals and objectives — Explanation of key terms and definitions related to the plan 2. Chapter 2: Features and Benefits of the Arkansas Proposed Book Value Phantom Stock Plan — Detailing the unique features and advantages offered by this compensation plan — Examining how the plan impacts participants' financial well-being and motivation — Highlighting the potential tax advantages associated with phantom stock plans 3. Chapter 3: Implementation Guidelines for First Florida Bank, Inc. — Step-by-step instructions for successfully implementing the Arkansas proposed plan — Determining eligibility criteria and selecting participants — Outlining the process of establishing book value and valuing the phantom stock 4. Chapter 4: Appendices for First Florida Bank, Inc. — Appendix A: Sample Agreement for Participation in Arkansas Proposed Book Value Phantom Stock Plan — Appendix B: Calculation Methodology for Determining Phantom Stock Value — Appendix C: Tax Considerations and Implications for Participants — Appendix D: Frequently Asked Questions (FAQs) regarding the Arkansas Proposed Plan — Appendix E: Glossary of Terms used in the Phantom Stock Plan Conclusion: Implementing the Arkansas Proposed Book Value Phantom Stock Plan can be a strategic move for First Florida Bank, Inc., aligning employees' interests with the bank's long-term performance. By following the guidelines provided in this comprehensive guide and utilizing the accompanying appendices, the bank can successfully establish a fair and effective compensation plan that rewards and motivates its valued employees. Alternative types/names of Arkansas Proposed Book Value Phantom Stock Plan for First Florida Bank, Inc.: — Arkansas Proposed Market Value Phantom Stock Plan with Appendices for First Florida Bank, Inc. — Arkansas Proposed Performance-Based Phantom Stock Plan with Appendices for First Florida Bank, Inc. — Arkansas Proposed Restricted Stock Unit (RSU) Plan with Appendices for First Florida Bank, Inc. — Arkansas Proposed Equity Incentive Plan with Appendices for First Florida Bank, Inc.