Louisiana Nonemployee Directors Stock Plan of TJ International, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• Control #: US-CC-18-361A
• Format: Word; Rich Text

Description

18-361A 18-361A . . . Non-employee Directors Stock Option Plan under which Board can grant, during first year of Plan, options to purchase up to 2,000 shares of stock exercisable one year after grant and options to purchase 1,667 shares of stock exercisable 3 years after grant. Each year beginning with the 2nd year of Plan, Board can grant options for up to 2,000 shares of stock which are exercisable in 3 equal annual installments beginning 1 year after grant The Louisiana Nonemployee Directors Stock Plan is a program offered by TJ International, Inc., designed to compensate and reward nonemployee directors for their valuable contributions to the company. This plan allows nonemployee directors to receive stock-based compensation, aligning their interests with the overall success and growth of the company. Keywords: Louisiana, Nonemployee Directors Stock Plan, TJ International, Inc., compensation, reward, nonemployee directors, stock-based compensation, success, growth. There are different types of Louisiana Nonemployee Directors Stock Plan available within TJ International, Inc., each offering various benefits and features. These plans may include: 1. Stock Options Plan: Under this plan, nonemployee directors are granted the right to purchase shares of TJ International, Inc. stock at a predetermined price within a specified period of time. This allows directors to take advantage of potential stock price appreciation in the future. 2. Restricted Stock Units (RSS) Plan: RSS are a form of equity compensation that entitles nonemployee directors to receive shares of TJ International, Inc. stock at a future date, typically upon achievement of specific performance goals or the completion of a vesting period. 3. Performance Share Units (Plus) Plan: Plus are similar to RSS, but the number of shares granted is contingent upon meeting certain performance targets or goals established by TJ International, Inc. This plan aligns director compensation with the company's performance, incentivizing directors to contribute to its overall success. 4. Stock Appreciation Rights (SARS) Plan: SARS allow nonemployee directors to receive compensation based on the increase in the value of TJ International, Inc. stock over a specific period. These rights provide financial benefits without requiring directors to purchase shares outright. 5. Dividend Equivalent Units (Zeus) Plan: Zeus provide nonemployee directors with the opportunity to receive cash or additional stock equal to the dividends paid on TJ International, Inc. stock. This plan allows directors to benefit from the company's dividend distributions even if they don't directly own the shares. The Louisiana Nonemployee Directors Stock Plan of TJ International, Inc. aims to attract and retain experienced and talented individuals to serve on the company's board of directors. By providing stock-based compensation, TJ International, Inc. ensures that the interests of nonemployee directors are closely aligned with the long-term success and growth of the company. Keywords: Louisiana, Nonemployee Directors Stock Plan, TJ International, Inc., attract, retain, experienced, talented individuals, board of directors, stock-based compensation, long-term success, growth.

The Louisiana Nonemployee Directors Stock Plan is a program offered by TJ International, Inc., designed to compensate and reward nonemployee directors for their valuable contributions to the company. This plan allows nonemployee directors to receive stock-based compensation, aligning their interests with the overall success and growth of the company. Keywords: Louisiana, Nonemployee Directors Stock Plan, TJ International, Inc., compensation, reward, nonemployee directors, stock-based compensation, success, growth. There are different types of Louisiana Nonemployee Directors Stock Plan available within TJ International, Inc., each offering various benefits and features. These plans may include: 1. Stock Options Plan: Under this plan, nonemployee directors are granted the right to purchase shares of TJ International, Inc. stock at a predetermined price within a specified period of time. This allows directors to take advantage of potential stock price appreciation in the future. 2. Restricted Stock Units (RSS) Plan: RSS are a form of equity compensation that entitles nonemployee directors to receive shares of TJ International, Inc. stock at a future date, typically upon achievement of specific performance goals or the completion of a vesting period. 3. Performance Share Units (Plus) Plan: Plus are similar to RSS, but the number of shares granted is contingent upon meeting certain performance targets or goals established by TJ International, Inc. This plan aligns director compensation with the company's performance, incentivizing directors to contribute to its overall success. 4. Stock Appreciation Rights (SARS) Plan: SARS allow nonemployee directors to receive compensation based on the increase in the value of TJ International, Inc. stock over a specific period. These rights provide financial benefits without requiring directors to purchase shares outright. 5. Dividend Equivalent Units (Zeus) Plan: Zeus provide nonemployee directors with the opportunity to receive cash or additional stock equal to the dividends paid on TJ International, Inc. stock. This plan allows directors to benefit from the company's dividend distributions even if they don't directly own the shares. The Louisiana Nonemployee Directors Stock Plan of TJ International, Inc. aims to attract and retain experienced and talented individuals to serve on the company's board of directors. By providing stock-based compensation, TJ International, Inc. ensures that the interests of nonemployee directors are closely aligned with the long-term success and growth of the company. Keywords: Louisiana, Nonemployee Directors Stock Plan, TJ International, Inc., attract, retain, experienced, talented individuals, board of directors, stock-based compensation, long-term success, growth.