Oklahoma Director stock program

• Category: Corporations - Public - Stock Options
• State: Multi-State
• Control #: US-CC-18-172
• Format: Word; Rich Text

Description

18-172 18-172 . . Director Stock Program which provides that, on first day of director's term, such director will be granted option to acquire 900 shares of common stock, and on first day of each subsequent year of director's term, he or she will be granted options to acquire 300 shares of common stock. Options are at fair market value on date of grant and are exercisable in full six months after date of grant. The Director Stock Program also provides that, on first day of director's term, he or she will be awarded right to purchase 450 shares of restricted stock, and on first day of the second and third year of such director's term, he or she will be awarded right to purchase 150 shares of restricted stock. Purchase price will be equal to par value of common stock Oklahoma Director Stock Program is a comprehensive initiative implemented by the state of Oklahoma to incentivize and promote economic growth by attracting directors in various industries. This program grants directors the opportunity to significantly contribute to the development of Oklahoma's economy and provide leadership and expertise to local businesses. Under the Oklahoma Director Stock Program, directors are encouraged to invest in Oklahoma-based companies through the acquisition of stocks. By joining as a director and investing in the state's businesses, individuals can actively participate in shaping Oklahoma's economic landscape and contribute to its prosperity. This program is not limited to a specific industry or sector; instead, it applies to various fields such as technology, energy, agriculture, manufacturing, and finance. By allowing directors to invest in diverse industries, Oklahoma aims to foster a well-rounded and thriving economy. The Oklahoma Director Stock Program offers several types of programs specifically tailored to cater to the unique needs and objectives of different directors. These programs include: 1. Technology Director Stock Program: This program focuses on attracting directors with expertise and interest in the technology sector. Directors investing in technology-based companies in Oklahoma enjoy various incentives and benefits provided by the state government. 2. Energy Director Stock Program: Geared towards directors from the energy industry, this program aims to harness the potential of Oklahoma's vast energy resources. Directors investing in energy companies in the state are provided with opportunities to contribute to the development of sustainable energy solutions. 3. Agriculture Director Stock Program: Designed to attract directors with a background in agriculture, this program supports Oklahoma's thriving agricultural sector. Directors investing in agricultural businesses gain access to financial incentives and resources to enhance the productivity and sustainability of the industry. 4. Manufacturing Director Stock Program: This program targets directors involved in the manufacturing sector. It offers an opportunity for directors to invest in manufacturing businesses across Oklahoma, fostering innovation, job creation, and economic growth. 5. Finance Director Stock Program: Directed towards directors in the financial industry, this program encourages investment in Oklahoma's financial institutions and promotes the growth of the state's financial sector. Directors can contribute to the establishment and expansion of financial services in both urban and rural areas. These various programs within the Oklahoma Director Stock Program aim to create a diverse and inclusive environment that caters to directors from different industries. By attracting and engaging directors, Oklahoma ensures the continuous development and prosperity of the state's economy.

Oklahoma Director Stock Program is a comprehensive initiative implemented by the state of Oklahoma to incentivize and promote economic growth by attracting directors in various industries. This program grants directors the opportunity to significantly contribute to the development of Oklahoma's economy and provide leadership and expertise to local businesses. Under the Oklahoma Director Stock Program, directors are encouraged to invest in Oklahoma-based companies through the acquisition of stocks. By joining as a director and investing in the state's businesses, individuals can actively participate in shaping Oklahoma's economic landscape and contribute to its prosperity. This program is not limited to a specific industry or sector; instead, it applies to various fields such as technology, energy, agriculture, manufacturing, and finance. By allowing directors to invest in diverse industries, Oklahoma aims to foster a well-rounded and thriving economy. The Oklahoma Director Stock Program offers several types of programs specifically tailored to cater to the unique needs and objectives of different directors. These programs include: 1. Technology Director Stock Program: This program focuses on attracting directors with expertise and interest in the technology sector. Directors investing in technology-based companies in Oklahoma enjoy various incentives and benefits provided by the state government. 2. Energy Director Stock Program: Geared towards directors from the energy industry, this program aims to harness the potential of Oklahoma's vast energy resources. Directors investing in energy companies in the state are provided with opportunities to contribute to the development of sustainable energy solutions. 3. Agriculture Director Stock Program: Designed to attract directors with a background in agriculture, this program supports Oklahoma's thriving agricultural sector. Directors investing in agricultural businesses gain access to financial incentives and resources to enhance the productivity and sustainability of the industry. 4. Manufacturing Director Stock Program: This program targets directors involved in the manufacturing sector. It offers an opportunity for directors to invest in manufacturing businesses across Oklahoma, fostering innovation, job creation, and economic growth. 5. Finance Director Stock Program: Directed towards directors in the financial industry, this program encourages investment in Oklahoma's financial institutions and promotes the growth of the state's financial sector. Directors can contribute to the establishment and expansion of financial services in both urban and rural areas. These various programs within the Oklahoma Director Stock Program aim to create a diverse and inclusive environment that caters to directors from different industries. By attracting and engaging directors, Oklahoma ensures the continuous development and prosperity of the state's economy.