Virginia Stock Option and Award Plan of Amresco, Inc.

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18-323 18-323 . . . Stock Option and Award Plan under which Committee can grant (a) Incentive Stock Options and Non-qualified Stock Options to persons other that outside directors, (b) Non-qualified Stock Options to outside directors (15,000 shares on his or her date of election or appointment and 15,000 shares every three years upon his or her re-election), (c) Restricted Stock, and (d) Performance Shares which have value equal to fair market value of share of stock on date Performance Share is earned. Committee sets performance goals which, depending on extent to which they are met, will determine number of Performance Shares that will be earned by Participants. Committee uses one or more of following performance measures for purposes of grants of Performance Shares: total stockholder return, return on assets, return on equity, earnings per share, and ratio of operating overhead to operating revenues

The Virginia Stock Option and Award Plan of Fresco, Inc. is a comprehensive compensation program designed to reward employees and enhance their long-term commitment and performance. This plan is specifically tailored to comply with the specific regulations and requirements of the state of Virginia. Under this plan, employees are granted stock options and awards as a form of compensation. These stock options and awards provide employees with the opportunity to purchase a certain number of company shares at a predetermined price within a specified period. By granting stock options, Fresco, Inc. aims to align the interests of its employees with the company's shareholders, fostering a sense of ownership and motivation to drive the company's growth. The Virginia Stock Option and Award Plan of Fresco, Inc. offers various types of stock options and awards to cater to different employee positions and levels within the organization. The plan may include: 1. Incentive Stock Options (SOS): SOS are one type of stock option available under the plan that can offer tax advantages to employees. These options are typically granted to key employees and provide the right to purchase company shares at a favorable price. 2. Non-Qualified Stock Options (Nests): Nests are another type of stock option offered by Fresco, Inc. This type of option doesn't qualify for the same tax benefits as SOS but offers more flexibility in terms of granting options to a wider range of employees. 3. Restricted Stock Units (RSS): RSS are a form of award provided by Fresco, Inc. instead of stock options. RSS grant employees a specific number of company shares, typically subject to a vesting schedule or performance conditions. Once vested, employees receive the shares directly, giving them direct ownership. 4. Performance Stock Units (Plus): Plus are another type of award granted by Fresco, Inc. These awards are subject to certain performance metrics or goals set by the company. If the performance targets are met, employees receive a specified number of company shares as a reward. The Virginia Stock Option and Award Plan of Fresco, Inc. is designed to attract and retain talented individuals, incentivize exceptional performance, and align employee interests with the company's success. By offering different types of stock options and awards, the plan ensures a flexible and customized approach to compensating employees based on their roles, responsibilities, and seniority.

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Example of an Option. Suppose that Microsoft (MFST) shares trade at $108 per share and you believe they will increase in value. You decide to buy a call option to benefit from an increase in the stock's price. You purchase one call option with a strike price of $115 for one month in the future for 37 cents per contract ...

ESOs are a form of equity compensation granted by companies to their employees and executives. Like a regular call option, an ESO gives the holder the right to purchase the underlying asset?the company's stock?at a specified price for a finite period of time.

There are two types of stock options: A stock call option, which grants the purchaser the right but not the obligation to buy stock. A call option will increase in value when the underlying stock price rises. A stock put option, which grants the buyer the right to sell stock short.

A stock option is the right to buy a specific number of shares of company stock at a pre-set price, known as the ?exercise? or ?strike price.? You take actual ownership of granted options over a fixed period of time called the ?vesting period.? When options vest, it means you've ?earned? them, though you still need to ...

Remember: If you hope to purchase and sell your stock someday, accepting your stock option grant is the first step you have to take.It doesn't cost anything to accept the grant, and you're not obligated to actually exercise your options.

A stock grant provides the recipient with value?the corporate stock. By contrast, stock options only offer employees the opportunity to purchase something of value. They can acquire the corporate stock at a set price, but the employees receiving stock options still have to pay for those stocks if they want them.

As an example, if a trader is betting that International Business Machine Corp. (IBM) will rise in the future, they might buy a call for a specific month and a particular strike price. For example, a trader is betting that IBM's stock will rise above $150 by the middle of January. They may then buy a January $150 call.

For example, you may be granted the right to buy 1,000 shares, with the options vesting 25% per year over four years with a term of 10 years. So 25% of the ESOs, conferring the right to buy 250 shares would vest in one year from the option grant date, another 25% would vest two years from the grant date, and so on.

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Download the file. When the Stock Option and Award Plan of Amresco, Inc. is downloaded you can fill out, print and sign it in any editor or by hand. Get ... Make sure the form meets all the necessary state requirements. If possible preview it and read the description before buying it. Click Buy Now. Select the ...A stock option grant gives you the right to purchase a specific number of shares of the Company's Series A common stock at a fixed price, assuming that you ... The Company hereby grants to the Optionee an Option to purchase the number of Shares ... (e) All obligations of the Company under the Plan and this Agreement, ... Exemption from subsection B of the Act of acquisitions of shares of stock and stock options under certain stock bonus, stock option or similar plans. 5 When an award of an option or stock is granted, the company should issue an award agreement which has not be included in this example. Page 9. EXAMPLE ONLY ... But dealing with these stock awards in a divorce proceeding requires even more knowledge about the type of the award as well as the existing law in Virginia. Schedule a Consultation. (571) 328-5020 · Request Consultation. Classification and Division of Stock Options and other Stock Awards in Virginia Divorce Law. Form W-2 (or 1099-NEC if you are a nonemployee). Your W-2 (or 1099-NEC) includes the taxable income from your award and, on the W-2, the taxes that have been. 8 days ago — Ameresco's current DOE ESPC contract was awarded December 17, 2008,and is currently in the first option period which expires in December 2016.

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Virginia Stock Option and Award Plan of Amresco, Inc.