Guam 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 Guam Stock Option and Dividend Equivalent Plan is a compensation program offered by UGI Corp., a leading global energy company. This plan provides employees an opportunity to benefit from the company's growth and success. Below is a detailed description of the plan, including different types of Guam Stock Option and Dividend Equivalent Plan with exhibits of UGI Corp.: 1. Stock Option Plan: The Stock Option Plan under the Guam Stock Option and Dividend Equivalent Plan allows eligible employees to purchase company stock at a predetermined price, known as the exercise price. This price is typically set at the market value of the stock on the date of the grant. Employees can exercise their options after a specified vesting period, during which they accumulate the right to buy shares. These options provide employees with the possibility of profiting from any increase in the company's stock price. Exhibit 1 — UGI Corp. Stock Option Grant Agreement: This exhibit showcases a sample Stock Option Grant Agreement provided to eligible employees, outlining the terms and conditions of the grant, including the number of options granted, exercise price, vesting schedule, and expiration date. 2. Dividend Equivalent Plan: The Dividend Equivalent Plan, also included in the Guam Stock Option and Dividend Equivalent Plan, is designed to provide employees with the financial benefits equivalent to the dividends paid on the company's common stock. Participants in this plan receive dividend equivalents, which are credited to their individual accounts and converted into additional company stock or cash payments. Exhibit 2 — UGI Corp. Dividend Equivalent Plan Policy: This exhibit presents the Dividend Equivalent Plan Policy, outlining the eligibility criteria, calculation methodology for dividend equivalents, and the timing of payment or stock conversion. 3. Performance-Based Stock Option Plan: UGI Corp. may also offer a performance-based stock option plan as part of the Guam Stock Option and Dividend Equivalent Plan. This plan is designed to incentivize employees to achieve specific performance targets or goals set by the company. Employees are granted stock options based on their individual or team's performance, encouraging enhanced dedication and motivation towards achieving organizational objectives. Exhibit 3 — UGI Corp. Performance-Based Stock Option Plan Guidelines: This exhibit exhibits the guidelines and criteria for the Performance-Based Stock Option Plan, including the performance metrics, vesting schedules, and potential rewards for achieving specified targets. In conclusion, the Guam Stock Option and Dividend Equivalent Plan offered by UGI Corp. provides employees an opportunity to participate in the company's growth and success. It consists of various types such as the Stock Option Plan, Dividend Equivalent Plan, and possibly a Performance-Based Stock Option Plan. The exhibits mentioned above provide examples of the UGI Corp.'s Stock Option Grant Agreement, Dividend Equivalent Plan Policy, and Performance-Based Stock Option Plan Guidelines.

The Guam Stock Option and Dividend Equivalent Plan is a compensation program offered by UGI Corp., a leading global energy company. This plan provides employees an opportunity to benefit from the company's growth and success. Below is a detailed description of the plan, including different types of Guam Stock Option and Dividend Equivalent Plan with exhibits of UGI Corp.: 1. Stock Option Plan: The Stock Option Plan under the Guam Stock Option and Dividend Equivalent Plan allows eligible employees to purchase company stock at a predetermined price, known as the exercise price. This price is typically set at the market value of the stock on the date of the grant. Employees can exercise their options after a specified vesting period, during which they accumulate the right to buy shares. These options provide employees with the possibility of profiting from any increase in the company's stock price. Exhibit 1 — UGI Corp. Stock Option Grant Agreement: This exhibit showcases a sample Stock Option Grant Agreement provided to eligible employees, outlining the terms and conditions of the grant, including the number of options granted, exercise price, vesting schedule, and expiration date. 2. Dividend Equivalent Plan: The Dividend Equivalent Plan, also included in the Guam Stock Option and Dividend Equivalent Plan, is designed to provide employees with the financial benefits equivalent to the dividends paid on the company's common stock. Participants in this plan receive dividend equivalents, which are credited to their individual accounts and converted into additional company stock or cash payments. Exhibit 2 — UGI Corp. Dividend Equivalent Plan Policy: This exhibit presents the Dividend Equivalent Plan Policy, outlining the eligibility criteria, calculation methodology for dividend equivalents, and the timing of payment or stock conversion. 3. Performance-Based Stock Option Plan: UGI Corp. may also offer a performance-based stock option plan as part of the Guam Stock Option and Dividend Equivalent Plan. This plan is designed to incentivize employees to achieve specific performance targets or goals set by the company. Employees are granted stock options based on their individual or team's performance, encouraging enhanced dedication and motivation towards achieving organizational objectives. Exhibit 3 — UGI Corp. Performance-Based Stock Option Plan Guidelines: This exhibit exhibits the guidelines and criteria for the Performance-Based Stock Option Plan, including the performance metrics, vesting schedules, and potential rewards for achieving specified targets. In conclusion, the Guam Stock Option and Dividend Equivalent Plan offered by UGI Corp. provides employees an opportunity to participate in the company's growth and success. It consists of various types such as the Stock Option Plan, Dividend Equivalent Plan, and possibly a Performance-Based Stock Option Plan. The exhibits mentioned above provide examples of the UGI Corp.'s Stock Option Grant Agreement, Dividend Equivalent Plan Policy, and Performance-Based Stock Option Plan Guidelines.