Broward Florida Director stock program

• Category: Corporations - Public - Stock Options
• State: Multi-State
• County: Broward
• 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 The Broward Florida Director Stock Program is a specialized initiative aimed at providing directors in Broward County, Florida, with an opportunity to invest in local businesses. This program plays a crucial role in fostering economic growth and development in the region by encouraging the involvement of directors in the business community. Through the Broward Florida Director Stock Program, directors are offered the chance to purchase stocks in a diverse range of local companies. This helps directors establish a stronger connection with the local business environment and further enhances their commitment to the growth and success of Broward County. One of the main objectives of the program is to create a mutually beneficial relationship between directors and local businesses. By investing in Broward-based companies, directors not only support the local economy but also gain potential financial benefits as the businesses flourish. This arrangement ensures that directors have a vested interest in the success and progress of the companies they invest in. There are several types of Broward Florida Director Stock Programs designed to cater to different needs and preferences. These include: 1. Broward County Small Business Stock Program: This program focuses on providing directors with opportunities to invest in small and medium-sized enterprises (SMEs) within Broward County. It aims to support the growth of local startups and emerging businesses. 2. Broward County Corporate Stock Program: In contrast to the Small Business Stock Program, the Corporate Stock Program offers directors the chance to invest in well-established companies operating in Broward County. This program allows directors to contribute to the continued success of thriving businesses in the region. 3. Broward County Green Stock Program: The Green Stock Program is a specialized program that concentrates on environmentally conscious businesses within Broward County. Directors who are passionate about sustainability and eco-friendly initiatives can invest in companies that align with their values. 4. Broward County Technology Stock Program: This program specifically targets technology-driven businesses in Broward County. Directors interested in the tech industry can invest in innovative companies operating in fields such as software development, telecommunications, and cybersecurity. Overall, the Broward Florida Director Stock Program is an instrumental initiative that brings directors closer to the local business community. Through various types of stock programs, directors can actively participate in the economic growth of Broward County while reaping the potential benefits of their investments.

The Broward Florida Director Stock Program is a specialized initiative aimed at providing directors in Broward County, Florida, with an opportunity to invest in local businesses. This program plays a crucial role in fostering economic growth and development in the region by encouraging the involvement of directors in the business community. Through the Broward Florida Director Stock Program, directors are offered the chance to purchase stocks in a diverse range of local companies. This helps directors establish a stronger connection with the local business environment and further enhances their commitment to the growth and success of Broward County. One of the main objectives of the program is to create a mutually beneficial relationship between directors and local businesses. By investing in Broward-based companies, directors not only support the local economy but also gain potential financial benefits as the businesses flourish. This arrangement ensures that directors have a vested interest in the success and progress of the companies they invest in. There are several types of Broward Florida Director Stock Programs designed to cater to different needs and preferences. These include: 1. Broward County Small Business Stock Program: This program focuses on providing directors with opportunities to invest in small and medium-sized enterprises (SMEs) within Broward County. It aims to support the growth of local startups and emerging businesses. 2. Broward County Corporate Stock Program: In contrast to the Small Business Stock Program, the Corporate Stock Program offers directors the chance to invest in well-established companies operating in Broward County. This program allows directors to contribute to the continued success of thriving businesses in the region. 3. Broward County Green Stock Program: The Green Stock Program is a specialized program that concentrates on environmentally conscious businesses within Broward County. Directors who are passionate about sustainability and eco-friendly initiatives can invest in companies that align with their values. 4. Broward County Technology Stock Program: This program specifically targets technology-driven businesses in Broward County. Directors interested in the tech industry can invest in innovative companies operating in fields such as software development, telecommunications, and cybersecurity. Overall, the Broward Florida Director Stock Program is an instrumental initiative that brings directors closer to the local business community. Through various types of stock programs, directors can actively participate in the economic growth of Broward County while reaping the potential benefits of their investments.