Oregon Stock Option and Dividend Equivalent Plan with exhibits of UGI Corp.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• Control #: US-CC-18-305
• Format: Word; Rich Text

Description

18-305 18-305 . . . Stock Option and Dividend Equivalent Plan which provides for issuance of Non-qualified Stock Options and Dividend Equivalents. From date of grant of option until earlier of (a) end of period selected by Committee over which total return realizable by stockholder of corporation on a share of stock is compared to that realizable by stockholders of companies in a Comparison Group ("Performance Period") or (b) date of participant's disability, death or termination of employment, corporation shall keep records for such participant ("Account") and shall credit Account with an amount equal to Dividend Equivalent associated with such option. Committee will determine measurable criteria pursuant to which total return realizable by stockholder on share of stock over applicable Performance Period can be compared to that realizable over same Performance Period by stockholders of Comparison Group. Extent to which participant receives payment of Dividend Equivalents will be determined by comparing such total return realizable by stockholder of the corporation to that realizable by stockholders of Comparison Group The Oregon Stock Option and Dividend Equivalent Plan is a compensation program offered by UGI Corp., a leading global energy distribution and services company. This plan is designed to provide employees in Oregon with an opportunity to purchase company stock options and receive dividend equivalents. Under this plan, eligible employees are granted the right to purchase shares of UGI Corp.'s common stock at a predetermined strike price. These stock options allow employees to buy a specified number of shares within a set period, typically at a discounted price compared to the market value. Employees also have the chance to earn dividend equivalents under this plan. Dividend equivalents represent the right to receive cash payments equivalent to the dividends that would be paid out to UGI Corp.'s common stockholders. These payments are made to eligible employees even if they have not yet exercised their stock options. Exhibits of UGI Corp.'s Oregon Stock Option and Dividend Equivalent Plan may include: 1. Exhibit A: Summary of Terms and Conditions — This document outlines the key features of the plan, including eligibility criteria, stock option grant details, vesting schedules, and dividend equivalent provisions. 2. Exhibit B: Stock Option Agreement — This agreement defines the specific terms and conditions under which employees can exercise their stock options, including exercise periods, strike prices, and any restrictions or limitations. 3. Exhibit C: Dividend Equivalent Payment Schedule — This exhibit provides a timetable for the payment of dividend equivalents to eligible employees, including the frequency of payments and calculation methods. 4. Exhibit D: Taxation Guidelines — This exhibit offers guidance on the tax implications of participating in the Oregon Stock Option and Dividend Equivalent Plan, including the treatment of stock option exercises and dividend equivalent payments under state and federal tax laws. It is important to note that the Oregon Stock Option and Dividend Equivalent Plan may have different types or variations based on the specific grants and provisions extended to employees within UGI Corp. These variations could include differences in grant sizes, vesting schedules, or eligibility criteria for participating in the plan. Overall, this compensation program provides an opportunity for eligible UGI Corp. employees in Oregon to potentially benefit from the company's stock performance and dividend distributions while aligning their interests with the growth and success of the organization.

The Oregon Stock Option and Dividend Equivalent Plan is a compensation program offered by UGI Corp., a leading global energy distribution and services company. This plan is designed to provide employees in Oregon with an opportunity to purchase company stock options and receive dividend equivalents. Under this plan, eligible employees are granted the right to purchase shares of UGI Corp.'s common stock at a predetermined strike price. These stock options allow employees to buy a specified number of shares within a set period, typically at a discounted price compared to the market value. Employees also have the chance to earn dividend equivalents under this plan. Dividend equivalents represent the right to receive cash payments equivalent to the dividends that would be paid out to UGI Corp.'s common stockholders. These payments are made to eligible employees even if they have not yet exercised their stock options. Exhibits of UGI Corp.'s Oregon Stock Option and Dividend Equivalent Plan may include: 1. Exhibit A: Summary of Terms and Conditions — This document outlines the key features of the plan, including eligibility criteria, stock option grant details, vesting schedules, and dividend equivalent provisions. 2. Exhibit B: Stock Option Agreement — This agreement defines the specific terms and conditions under which employees can exercise their stock options, including exercise periods, strike prices, and any restrictions or limitations. 3. Exhibit C: Dividend Equivalent Payment Schedule — This exhibit provides a timetable for the payment of dividend equivalents to eligible employees, including the frequency of payments and calculation methods. 4. Exhibit D: Taxation Guidelines — This exhibit offers guidance on the tax implications of participating in the Oregon Stock Option and Dividend Equivalent Plan, including the treatment of stock option exercises and dividend equivalent payments under state and federal tax laws. It is important to note that the Oregon Stock Option and Dividend Equivalent Plan may have different types or variations based on the specific grants and provisions extended to employees within UGI Corp. These variations could include differences in grant sizes, vesting schedules, or eligibility criteria for participating in the plan. Overall, this compensation program provides an opportunity for eligible UGI Corp. employees in Oregon to potentially benefit from the company's stock performance and dividend distributions while aligning their interests with the growth and success of the organization.