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
The Wisconsin Long Term Incentive Plan (TIP) offered by Life Re Corp. is a comprehensive and enticing program designed to motivate and retain long-term employees while aligning their interests with the company's growth and success. This plan provides lucrative incentives and rewards to employees in Wisconsin, aiming to attract and retain top talent within the organization. Keywords: Wisconsin Long Term Incentive Plan, Life Re Corp., employee retention, motivation, incentives, rewards, top talent, growth, success. This TIP includes various types of long-term incentives, granting employees the opportunity to participate in the company's success and future gains. Let's explore some different types of Wisconsin Long Term Incentive Plans offered by Life Re Corp.: 1. Performance-Based Stock Grants: Life Re Corp. offers performance-based stock grants to eligible employees under the Wisconsin TIP. These grants are tied to predefined performance goals and are vested over a specific duration. By linking rewards to exceptional performance, this plan stimulates employees to strive for excellence and contribute significantly to the company's overall growth. 2. Stock Options: Another type of long-term incentive available through the Wisconsin TIP is stock options. Eligible employees are provided the right to purchase a specific number of company shares at a predetermined price, known as the exercise price. It offers employees the potential for significant financial gains if the company's stock price rises over time. 3. Restricted Stock Units (RSS): Life Re Corp. includes restricted stock units as part of its Wisconsin TIP. RSS grant eligible employees a specific number of company shares that are subject to a vesting period. Once vested, employees can convert these units into actual shares, allowing them to benefit from any price appreciation. 4. Performance Cash Bonus: As part of the Wisconsin TIP, Life Re Corp. may offer performance-based cash bonuses to employees who achieve predetermined goals and targets. These bonuses aim to reward exceptional performance by providing employees with additional financial incentives. 5. Employee Stock Purchase Plan (ESPN): Life Re Corp. may also offer an Employee Stock Purchase Plan as part of its Wisconsin TIP. This plan allows eligible employees to purchase company shares at a discounted price, usually through payroll deductions. By offering this benefit, Life Re Corp. encourages employees to become company shareholders and actively engage in the organization's long-term growth. Overall, the Wisconsin Long Term Incentive Plan of Life Re Corp. combines various compensation vehicles to motivate and retain employees in Wisconsin. Through performance-based stock grants, stock options, RSS, performance cash bonuses, and an ESPN, Life Re Corp. strives to attract, retain, and reward top talent dedicated to the company's long-term success. Keywords: Performance-Based Stock Grants, Stock Options, Restricted Stock Units, Performance Cash Bonus, Employee Stock Purchase Plan, compensation, employee motivation, growth, retention, rewards.
The Wisconsin Long Term Incentive Plan (TIP) offered by Life Re Corp. is a comprehensive and enticing program designed to motivate and retain long-term employees while aligning their interests with the company's growth and success. This plan provides lucrative incentives and rewards to employees in Wisconsin, aiming to attract and retain top talent within the organization. Keywords: Wisconsin Long Term Incentive Plan, Life Re Corp., employee retention, motivation, incentives, rewards, top talent, growth, success. This TIP includes various types of long-term incentives, granting employees the opportunity to participate in the company's success and future gains. Let's explore some different types of Wisconsin Long Term Incentive Plans offered by Life Re Corp.: 1. Performance-Based Stock Grants: Life Re Corp. offers performance-based stock grants to eligible employees under the Wisconsin TIP. These grants are tied to predefined performance goals and are vested over a specific duration. By linking rewards to exceptional performance, this plan stimulates employees to strive for excellence and contribute significantly to the company's overall growth. 2. Stock Options: Another type of long-term incentive available through the Wisconsin TIP is stock options. Eligible employees are provided the right to purchase a specific number of company shares at a predetermined price, known as the exercise price. It offers employees the potential for significant financial gains if the company's stock price rises over time. 3. Restricted Stock Units (RSS): Life Re Corp. includes restricted stock units as part of its Wisconsin TIP. RSS grant eligible employees a specific number of company shares that are subject to a vesting period. Once vested, employees can convert these units into actual shares, allowing them to benefit from any price appreciation. 4. Performance Cash Bonus: As part of the Wisconsin TIP, Life Re Corp. may offer performance-based cash bonuses to employees who achieve predetermined goals and targets. These bonuses aim to reward exceptional performance by providing employees with additional financial incentives. 5. Employee Stock Purchase Plan (ESPN): Life Re Corp. may also offer an Employee Stock Purchase Plan as part of its Wisconsin TIP. This plan allows eligible employees to purchase company shares at a discounted price, usually through payroll deductions. By offering this benefit, Life Re Corp. encourages employees to become company shareholders and actively engage in the organization's long-term growth. Overall, the Wisconsin Long Term Incentive Plan of Life Re Corp. combines various compensation vehicles to motivate and retain employees in Wisconsin. Through performance-based stock grants, stock options, RSS, performance cash bonuses, and an ESPN, Life Re Corp. strives to attract, retain, and reward top talent dedicated to the company's long-term success. Keywords: Performance-Based Stock Grants, Stock Options, Restricted Stock Units, Performance Cash Bonus, Employee Stock Purchase Plan, compensation, employee motivation, growth, retention, rewards.