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Arkansas Long Term Performance and Restricted Stock Incentive Plan of Ipalco Enterprises, Inc.

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US-CC-20-174D
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20-174D 20-174D . . . Restricted Stock Incentive Plan under which Compensation Committee selects participants, determines number of shares of common stock covered by each grant, establishes appropriate performance measures, and chooses appropriate corporation peer group. The number of shares granted is equal to a percentage of participant's base salary for first calendar year of each three-year program. The base salary percentage target of first three-year grants range from 10% to 35%; maximum base salary grant permitted by Plan may not exceed 70% of participant's base salary. After end of a Performance Period, Committee determines adjustments, if any, that are required to be made to share grants for Performance Period based on actual results under Performance Measures (performance of corporation versus its peer group) for such Performance Period. After adjustments, restrictions on shares held by participant are lifted as to 1/3 on July 1 immediately following Performance Period and additional 1/3 increments on the first and second anniversaries of such July 1, provided participant is still employed by corporation on such date. If participant ceases to be employed by corporation before restrictions lapse on shares held by him or her, shares still subject to restrictions are immediately forfeited

Arkansas Long Term Performance and Restricted Stock Incentive Plan The Arkansas Long Term Performance and Restricted Stock Incentive Plan offered by INALCOL Enterprises, Inc. is designed to reward and incentivize employees for their long-term commitment and contributions to the company's success. This plan encompasses a variety of options and benefits that aim to retain top talent, align employee interests with company goals, and drive sustained growth. One type of this plan is the Long Term Performance Incentive (LPI) which focuses on motivating employees to achieve specific long-term performance goals. The LPI is typically tied to financial metrics such as revenue growth, market share, or profitability. Employees who meet or surpass these targets are eligible to receive stock-based rewards or bonuses as a recognition of their exceptional performance and dedication. Another type of this plan is the Restricted Stock Incentive (RSI), which grants employees a designated number of company shares that vest gradually over a predetermined period of time. These shares are typically subject to certain restrictions, such as a holding period, to ensure continued engagement and loyalty from employees. As the shares vest, employees gain ownership rights and can benefit from any potential increase in stock value. The Arkansas Long Term Performance and Restricted Stock Incentive Plan is a crucial component of INALCOL Enterprises, Inc.'s overall compensation and retention strategy. By offering a mix of performance-based incentives and stock ownership opportunities, the company aims to create a sense of ownership, boost morale, and motivate employees to work towards long-term success. It aligns employees' interests with those of the company, fostering a culture of collaboration and shared achievement. As with any stock-based incentive plan, it is important to note that participation and eligibility for the Arkansas Long Term Performance and Restricted Stock Incentive Plan may vary based on factors such as job level, years of service, and individual performance. The plan may also be subject to specific terms and conditions, which are communicated to eligible employees upon enrollment. In conclusion, the Arkansas Long Term Performance and Restricted Stock Incentive Plan offered by INALCOL Enterprises, Inc. provides employees with the opportunity to earn stock-based rewards and ownership stakes in the company as recognition for their long-term performance, dedication, and contributions. By embracing this plan, INALCOL aims to foster a dynamic and motivated workforce dedicated to achieving sustained growth and success.

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RSUs offer employees the opportunity for financial gain if the company performs well and the stock price increases. Unlike traditional stock options, which may require employees to pay upfront to receive the actual stock, RSUs do not require employees to pay anything upfront to receive the stock.

RSUs are a type of restricted stock (which may also be known as ?letter stock? or ?restricted securities?). Restricted stock is company stock that cannot be fully transferable until certain restrictions have been met. These can be performance or timing restrictions, similar to restrictions for options.

Equity compensation is non-cash pay that is offered to employees. Equity compensation may include options, restricted stock, and performance shares; all of these investment vehicles represent ownership in the firm for a company's employees. At times, equity compensation may accompany a below-market salary.

Some investors opt to sell their RSUs right away, before they have an opportunity to gain or lose value. It is a savvy way to minimize these capital gains taxes and avoid RSUs being taxed twice.

In summary, RSUs in public companies offer more immediate liquidity, allowing employees to sell their shares as soon as they vest. On the other hand, private company RSUs involve waiting for specific events or finding a willing buyer to access the value of the shares.

RSUs have no actual financial value to the employee when issued. However, once they vest, employees can receive shares of stock or, less commonly, an equivalent value in cash. Until the RSUs vest, they remain an unfunded promise to compensate the recipient at some point in the future.

If performance goals are satisfied, payment is generally made in shares of company stock (though they may also be settled in cash). The amount of shares earned and paid depends on the performance attained and the related number of performance shares earned.

If you are on track toward meeting a retirement goal that is 10+ years out, it makes sense to choose options over RSUs. On the other hand, if you want to earmark this equity compensation for a retirement or education goal that is in five years or less, opting for more RSUs might be a better choice.

The main difference between restricted stock and performance shares is that restricted stock is typically awarded to employees with the condition that they remain with the company for a certain period of time, while performance shares are awarded to employees based on the company's performance.

1 There are many ways to structure an employee equity program, but the vast majority of private companies choose stock options (options) or restricted stock units (RSUs).

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Corporations. Performance Plan Form. US Legal Forms offers document samples for all kinds of purposes from job packages to property sales, etc. 1. Grant of Restricted Stock Units. The Company hereby awards to Participant, as of the Award Date, up to the Maximum Number of RSUs set forth in the Award ...The Company hereby grants to the Grantee a Performance Based Restricted Stock Units Award for Units, representing the right to receive the same number of shares ... A restricted stock unit (RSU) is an award of shares that comes with conditions, usually a vesting period before they are transferred. Edit, sign, and share arkansas baptist college transcript request online ... Long Term Performance and Restricted Stock Incentive Plan of Ipalco Enterprises, Inc. ... the Company's Long-Term Incentive Compensation program. The actual incentive payout will be in shares of common stock based on Company performance over a ... TJX granted restricted stock units and performance share units under the Stock Incentive Plan ... the Company's Long Range Performance Incentive Plan (“LRPIP”) ... Jan 30, 2023 — RSUs are a type of equity compensation that grants employees a specific number of company shares subject to a vesting schedule and potentially ... As filed with the Securities and Exchange Commission on October 18, 2000 File No. 1. 070-09645 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, ... A restricted stock unit (RSU) is an award of shares that comes with conditions, usually a vesting period before they are transferred. more · Incentive Stock ...

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Arkansas Long Term Performance and Restricted Stock Incentive Plan of Ipalco Enterprises, Inc.