Hawaii 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 The Hawaii Stock Option and Award Plan of Fresco, Inc. is a comprehensive program designed to incentivize and reward employees by granting them stock options and other awards. This plan is specifically tailored for employees working in Hawaii, ensuring that it complies with the local laws and regulations. Under the Hawaii Stock Option and Award Plan, employees are given the opportunity to purchase company stock at a predetermined price within a specific timeframe. This option allows employees to benefit from any future increase in the value of the company's stock. It serves as an effective tool for attracting and retaining talented individuals by aligning their interests with the financial success of the organization. Additionally, the plan encompasses various types of awards apart from stock options. These awards can include performance-based shares, restricted stock units, cash bonuses, and other incentives. Each type of award is designed to motivate and recognize employees for their contributions towards the growth and profitability of Fresco, Inc. in Hawaii. Through the Hawaii Stock Option and Award Plan, Fresco, Inc. strives to foster a culture of performance, engagement, and long-term commitment among its employees. By offering diverse types of awards, the company recognizes the unique needs and preferences of its employees, hence ensuring a broad-based participation in the program. The Hawaii Stock Option and Award Plan of Fresco, Inc. acknowledges that employees are valuable assets and aims to create a sense of ownership, encouraging them to act in the best interest of the company and its stakeholders. It also enables employees to share in the financial success they contribute to, providing a tangible reward for their hard work and dedication. In conclusion, the Hawaii Stock Option and Award Plan of Fresco, Inc. are comprehensive and versatile programs designed to motivate, retain, and reward employees in Hawaii. By offering stock options and various other awards, the plan aligns the interests of employees with the success of the company, fostering a culture of performance and engagement.

The Hawaii Stock Option and Award Plan of Fresco, Inc. is a comprehensive program designed to incentivize and reward employees by granting them stock options and other awards. This plan is specifically tailored for employees working in Hawaii, ensuring that it complies with the local laws and regulations. Under the Hawaii Stock Option and Award Plan, employees are given the opportunity to purchase company stock at a predetermined price within a specific timeframe. This option allows employees to benefit from any future increase in the value of the company's stock. It serves as an effective tool for attracting and retaining talented individuals by aligning their interests with the financial success of the organization. Additionally, the plan encompasses various types of awards apart from stock options. These awards can include performance-based shares, restricted stock units, cash bonuses, and other incentives. Each type of award is designed to motivate and recognize employees for their contributions towards the growth and profitability of Fresco, Inc. in Hawaii. Through the Hawaii Stock Option and Award Plan, Fresco, Inc. strives to foster a culture of performance, engagement, and long-term commitment among its employees. By offering diverse types of awards, the company recognizes the unique needs and preferences of its employees, hence ensuring a broad-based participation in the program. The Hawaii Stock Option and Award Plan of Fresco, Inc. acknowledges that employees are valuable assets and aims to create a sense of ownership, encouraging them to act in the best interest of the company and its stakeholders. It also enables employees to share in the financial success they contribute to, providing a tangible reward for their hard work and dedication. In conclusion, the Hawaii Stock Option and Award Plan of Fresco, Inc. are comprehensive and versatile programs designed to motivate, retain, and reward employees in Hawaii. By offering stock options and various other awards, the plan aligns the interests of employees with the success of the company, fostering a culture of performance and engagement.