New Hampshire Long Term Compensation Plan of Pulte Corp.

• Category: Corporations - Public - Incentive Compensation Plans
• State: Multi-State
• Control #: US-CC-20-114
• Format: Word; Rich Text

Description

20-114 20-114 . . . Long Term Compensation Plan under which the Compensation Committee determines which key employees are eligible to participate and sets target cash compensation for each participant. which is based upon pre-established objective performance goals that use one or more business criteria including: average return on equity, average return on invested capital, pre-tax income and target business mix. A different formula is used for each group of employees such as key home office employees and key field employees The New Hampshire Long Term Compensation Plan of Pulse Corp. is a comprehensive employee benefit program designed to reward long-term commitment and performance of Pulse Corp. employees based in New Hampshire. This plan is specifically tailored to align the interests of employees with the long-term success and growth of the company. It offers various types of compensation options, ensuring employees are motivated and invested in achieving the organization's goals. 1. Stock-based Compensation: The New Hampshire Long Term Compensation Plan includes stock-based compensation components such as stock options, restricted stock units (RSS), and performance-based stock awards. These forms of compensation allow employees to own a stake in Pulse Corp., fostering a sense of ownership and dedication to the organization's success. 2. Performance Bonuses: Under this plan, Pulse Corp. may provide performance bonuses to eligible employees based on predefined performance objectives and targets. These bonuses serve as additional incentives to drive the attainment of corporate goals and individual performance milestones. 3. Deferred Compensation: The New Hampshire Long Term Compensation Plan may also offer deferred compensation arrangements, where employees can choose to defer a portion of their annual salary or bonus to a later date. This option allows employees to save for retirement or other long-term financial goals while potentially benefiting from tax advantages. 4. Performance Shares: Pulse Corp. may grant performance shares to eligible employees as part of the compensation plan. These shares are contingent upon the achievement of specific performance goals or milestones predetermined by the company. Once the performance targets are met, employees are entitled to receive the allocated number of shares, providing a direct link between individual performance and rewards. 5. Stock Appreciation Rights (SARS): SARS are another form of compensation offered under the plan. By granting SARS, Pulse Corp. enables employees to benefit from the increase in the company's stock price over a specific period. Upon exercise, employees receive cash or stock equivalent to the appreciation in stock value. 6. Employee Stock Purchase Plan (ESPN): Pulse Corp. may offer an ESPN as part of the New Hampshire Long Term Compensation Plan. This allows employees to purchase company stock at a discounted price, typically through payroll deductions. The ESPN encourages employees to become shareholders, fostering loyalty and commitment. By leveraging these various compensation components, the New Hampshire Long Term Compensation Plan of Pulse Corp. aims to attract, retain, and motivate talented individuals while fostering a culture of long-term focus, teamwork, and commitment to achieving organizational objectives.

The New Hampshire Long Term Compensation Plan of Pulse Corp. is a comprehensive employee benefit program designed to reward long-term commitment and performance of Pulse Corp. employees based in New Hampshire. This plan is specifically tailored to align the interests of employees with the long-term success and growth of the company. It offers various types of compensation options, ensuring employees are motivated and invested in achieving the organization's goals. 1. Stock-based Compensation: The New Hampshire Long Term Compensation Plan includes stock-based compensation components such as stock options, restricted stock units (RSS), and performance-based stock awards. These forms of compensation allow employees to own a stake in Pulse Corp., fostering a sense of ownership and dedication to the organization's success. 2. Performance Bonuses: Under this plan, Pulse Corp. may provide performance bonuses to eligible employees based on predefined performance objectives and targets. These bonuses serve as additional incentives to drive the attainment of corporate goals and individual performance milestones. 3. Deferred Compensation: The New Hampshire Long Term Compensation Plan may also offer deferred compensation arrangements, where employees can choose to defer a portion of their annual salary or bonus to a later date. This option allows employees to save for retirement or other long-term financial goals while potentially benefiting from tax advantages. 4. Performance Shares: Pulse Corp. may grant performance shares to eligible employees as part of the compensation plan. These shares are contingent upon the achievement of specific performance goals or milestones predetermined by the company. Once the performance targets are met, employees are entitled to receive the allocated number of shares, providing a direct link between individual performance and rewards. 5. Stock Appreciation Rights (SARS): SARS are another form of compensation offered under the plan. By granting SARS, Pulse Corp. enables employees to benefit from the increase in the company's stock price over a specific period. Upon exercise, employees receive cash or stock equivalent to the appreciation in stock value. 6. Employee Stock Purchase Plan (ESPN): Pulse Corp. may offer an ESPN as part of the New Hampshire Long Term Compensation Plan. This allows employees to purchase company stock at a discounted price, typically through payroll deductions. The ESPN encourages employees to become shareholders, fostering loyalty and commitment. By leveraging these various compensation components, the New Hampshire Long Term Compensation Plan of Pulse Corp. aims to attract, retain, and motivate talented individuals while fostering a culture of long-term focus, teamwork, and commitment to achieving organizational objectives.