Massachusetts Senior Management Executive Incentive Plan of the Dexter Corp.

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US-CC-20-157
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20-157 20-157 . . . Senior Management Executive Incentive Plan under which Compensation Committee designates and establishes (a) individuals who will be participants in Plan during performance period, (b) Performance Target under one or more of Performance Criteria which must be attained in order for a participant to receive an Award, and (c) percentage of each participant's base salary that he or she would earn as an Award for that Performance Period if the Performance Target is attained. The Performance Criteria are (i) earnings per share, (ii) return on equity, (iii) revenues, (iv) division contribution and (v) any combination of these measures
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FAQ

The paper concludes that the way executives frame choices, perceive value, assess probability, evaluate temporal effects and respond to uncertainty means that LTIPs are generally not efficient and are often not effective in meeting their objectives.

term incentive plan (LTIP) is a company policy that rewards employees for reaching specific goals that lead to increased shareholder value. In a typical LTIP, the employee, usually an executive, must fulfill various conditions or requirements.

Through LTIPs, a new long-term incentive can be granted to an employee every year, rather than a one-time incentive, similar to a holiday bonus.

Gragnolati of Windsor Locks successfully presented a bill to a special session of the legislature to name the bridge after industrialist Dexter D. Coffin Sr. The $4.5 million-dollar bridge was dedicated July 11, 1959.

History. The Dexter Corporation began in 1767 as a small, family-operated mill on land in Windsor Locks, Connecticut, purchased by Seth Dexter for his son, Seth Dexter. Originally a saw and grist mill, the business added a paper mill and began marketing specialty papers in the mid-nineteenth century.

Dexter is the premier supplier of axles, suspension, brakes, doors, venting products, trailer parts and accessories, and towing components serving the commercial trailer, RV, heavy-duty, marine, agriculture, and manufactured housing markets.

Trusted and secure by over 3 million people of the world’s leading companies

Massachusetts Senior Management Executive Incentive Plan of the Dexter Corp.