Oregon Long Term Incentive Plan of Life Re Corp.

State:
Multi-State
Control #:
US-CC-20-121
Format:
Word; 
Rich Text
Instant download

Description

20-121 20-121 . . . Long-Term Incentive Plan for three executives of corporation. Material terms of performance goals established for participants are based upon results of certain transactions including acquisitions of assets, blocks of business, or other entities, mergers, or gains from the disposition of certain investments (Triggering Event). A bonus pool is created upon occurrence of each Triggering Event to be divided among participants according to participation units specified by the Compensation Committee. Pool equals percentage of amount involved in applicable transaction; maximum percentage is five percent of amount involved
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FAQ

Instructions Complete 20 hours prelicense training, per line of authority. Schedule and pass the required examinations. ... Provide fingerprints and authorize a criminal records check by either: Submit an electronic application. ... In Oregon, all lines of authority are on one license.

The Oregon Business Expansion Program (BEP) is a cash-based incentive program based on the estimated increase in income tax revenue as a result of new hires from the expansion or relocation of a project. Funding is available to existing companies expanding operations in Oregon or new companies coming into the state.

term incentive plan (LTIP) is a company policy that rewards employees for reaching specific goals that lead to increased shareholder value. In a typical LTIP, the employee, usually an executive, must fulfill various conditions or requirements.

Individual licenses expire every other year, on the last day of your birth month. The first renewal may be longer to get you to your birth month. Business entities renew every other year on the last day of the month the license was issued.

In Oregon, there are 5 steps to getting your insurance license. Complete a Prelicensing Course. The first step is to complete an insurance prelicensing course. ... Pass a Licensing Exam. ... Get Fingerprinted. ... Apply for License. ... Plan for Continuing Education.

The fee for an online application is $75, and $75 for any amendments (like adding a line of authority). This means that if you pass your exam for one line, then apply for the license, it will be $75, but adding another line in the future will cost an extra $75.

Insurance License Fees & Schedule of Fees & Charges Effective March 3, 2019 License TypeFiling FeesExamination FeeCasualty Broker-Agent (CA)$188$55Credit Insurance Agent (CI)$449N/ACrop Insurance Adjuster (CJ)$311N/AInsurance Adjuster (AJ)$311 (per qualified manager)$79 ($32 fee for Re-Examination)32 more rows

Step 4: Complete an Oregon Life Insurance License Application. Once you pass the life insurance exam and complete the background check, you can apply for your Oregon life insurance license. The application fee is $75 plus a $5.60 transaction fee, and you must apply online via the NIPR.

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Oregon Long Term Incentive Plan of Life Re Corp.