Nebraska Nonemployee Directors Stock Plan of Jacor Communications, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• Control #: US-CC-18-282A
• Format: Word; Rich Text

Description

18-282A 18-282A . . . Non-employee Director Stock Plan under which Board of Directors can grant (a) Non-qualified Stock Options, (b) Restricted Stock, (c) Stock Appreciation Rights, (d) Performance Units, (e) Performance Shares, and (f) other stock units to Non-employee directors Nebraska Nonemployee Directors Stock Plan is a compensation program established by Jacob Communications, Inc., a company operating in the communications' industry. This plan is specifically designed for nonemployee directors of the company who contribute their expertise and guidance to the board but are not formal employees. Under the Nebraska Nonemployee Directors Stock Plan, participating nonemployee directors are granted stock options or restricted stock units (RSS) as a form of compensation instead of traditional cash payments. These stock options and RSS provide nonemployee directors with the opportunity to acquire shares of Jacob Communications' common stock, incentivizing their long-term commitment to the company's growth and success. The plan aims to align the interests of nonemployee directors with those of the shareholders and foster a sense of ownership and accountability in the boardroom. By offering stock-based compensation, Nebraska Nonemployee Directors Stock Plan encourages nonemployee directors to focus on strategic decision-making that positively impacts the company's stock price and enhances shareholder value. Jacob Communications may have different types or variations of the Nebraska Nonemployee Directors Stock Plan, each differing based on the terms and conditions of stock grants, vesting schedules, exercise prices, and other pertinent factors. These variations may be influenced by factors such as the director's tenure, role, or specific contributions to the company. While specific names for these variations were not mentioned, it is common for stock plans to have standardized names that reflect their key features or purpose. In summary, Nebraska Nonemployee Directors Stock Plan of Jacob Communications, Inc. is an incentive program that grants stock options or RSS to nonemployee directors. The plan is designed to align the directors' interests with those of the shareholders and promote a sense of ownership within the company.

Nebraska Nonemployee Directors Stock Plan is a compensation program established by Jacob Communications, Inc., a company operating in the communications' industry. This plan is specifically designed for nonemployee directors of the company who contribute their expertise and guidance to the board but are not formal employees. Under the Nebraska Nonemployee Directors Stock Plan, participating nonemployee directors are granted stock options or restricted stock units (RSS) as a form of compensation instead of traditional cash payments. These stock options and RSS provide nonemployee directors with the opportunity to acquire shares of Jacob Communications' common stock, incentivizing their long-term commitment to the company's growth and success. The plan aims to align the interests of nonemployee directors with those of the shareholders and foster a sense of ownership and accountability in the boardroom. By offering stock-based compensation, Nebraska Nonemployee Directors Stock Plan encourages nonemployee directors to focus on strategic decision-making that positively impacts the company's stock price and enhances shareholder value. Jacob Communications may have different types or variations of the Nebraska Nonemployee Directors Stock Plan, each differing based on the terms and conditions of stock grants, vesting schedules, exercise prices, and other pertinent factors. These variations may be influenced by factors such as the director's tenure, role, or specific contributions to the company. While specific names for these variations were not mentioned, it is common for stock plans to have standardized names that reflect their key features or purpose. In summary, Nebraska Nonemployee Directors Stock Plan of Jacob Communications, Inc. is an incentive program that grants stock options or RSS to nonemployee directors. The plan is designed to align the directors' interests with those of the shareholders and promote a sense of ownership within the company.