20-171D 20-171D . . . Restricted Stock Plan under which a committee of Board of Directors sells shares of common stock to certain officers and senior employees at a price substantially below current market price. The shares are subject to following restrictions: (a) prohibition against any sale or other transfer and (b) obligation that participant (at corporation's option) must resell shares to corporation at price he paid for them if he ceases to be employed by corporation prior to expiration of from five to nine years after shares were sold to him, for reasons other than normal retirement, death, total disability or early retirement with consent of Board or committee. Except as otherwise provided, restrictions lapse as to 1/5 of aggregate number of participant's shares at expiration or each of fifth through ninth years after his purchase of such shares
North Carolina Restricted Stock Plan of Sundstrand Corp.
State:
Multi-State
Control #:
US-CC-20-171D
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Restricted Stock Plan Of Sundstrand Corp.?
If you want to complete, download, or print out authorized record web templates, use US Legal Forms, the most important collection of authorized types, that can be found on the web. Use the site`s simple and hassle-free look for to discover the files you need. A variety of web templates for company and individual functions are sorted by groups and suggests, or search phrases. Use US Legal Forms to discover the North Carolina Restricted Stock Plan of Sundstrand Corp. in a few mouse clicks.
When you are currently a US Legal Forms customer, log in to your bank account and then click the Download option to get the North Carolina Restricted Stock Plan of Sundstrand Corp.. You can also access types you in the past saved in the My Forms tab of the bank account.
If you work with US Legal Forms the first time, follow the instructions listed below:
- Step 1. Ensure you have chosen the shape for your proper area/country.
- Step 2. Utilize the Preview solution to examine the form`s articles. Do not neglect to read through the information.
- Step 3. When you are unsatisfied with all the develop, make use of the Look for field on top of the screen to locate other versions of the authorized develop template.
- Step 4. Upon having discovered the shape you need, click on the Acquire now option. Pick the costs plan you like and add your references to sign up to have an bank account.
- Step 5. Approach the transaction. You should use your bank card or PayPal bank account to perform the transaction.
- Step 6. Select the file format of the authorized develop and download it on your product.
- Step 7. Complete, revise and print out or sign the North Carolina Restricted Stock Plan of Sundstrand Corp..
Each and every authorized record template you buy is the one you have for a long time. You might have acces to every develop you saved inside your acccount. Click on the My Forms segment and select a develop to print out or download once again.
Remain competitive and download, and print out the North Carolina Restricted Stock Plan of Sundstrand Corp. with US Legal Forms. There are thousands of professional and condition-particular types you can use to your company or individual needs.