Fulton Georgia Nonemployee Directors Stock Option Plan of National Surgery Centers, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• County: Fulton
• Control #: US-CC-18-185C
• Format: Word; Rich Text

Description

18-185C 18-185C . . . Non-employee Directors Stock Option Plan under which Class II Non-employee directors receive options for 5,000 shares, all fully vested; Class II Non-employee directors receive options for 7,500 shares, of which 5,000 are fully vested and 2,500 vest on date of 1997 annual stockholders meeting; and Class I Non-employee directors receive options for 10,000 shares, of which 5,000 are fully vested, 2,500 vest on date of 1997 annual stockholders meeting, and 2,500 vest on date of 1998 annual stockholders meeting. Thereafter, each Non-employee director automatically receives an option on his or her election or re-election as director. Each such option is for 7,500 shares if director is elected to full three year term, of which 2,500 is vested, 2,500 vests on first anniversary of grant, and 2,500 vests on second anniversary of grant. If director is elected to fill term of less than three years, number of shares is equal to 2,500 for each full year of his or her term The Fulton Georgia Nonemployee Directors Stock Option Plan of National Surgery Centers, Inc. is a beneficial program designed specifically for nonemployee directors affiliated with the company. This comprehensive plan offers nonemployee directors the opportunity to obtain stock options as a form of compensation. With a focus on Fulton, Georgia, this unique stock option plan aims to attract and retain talented nonemployee directors by providing them with an additional financial incentive. Through the Fulton Georgia Nonemployee Directors Stock Option Plan, National Surgery Centers, Inc. aims to align the interests of its nonemployee directors with those of the company and its shareholders. This plan enables eligible directors to acquire stock options, allowing them to purchase shares of National Surgery Centers, Inc. at a predetermined price, known as the exercise price. By doing so, directors have the potential to benefit from the future growth and success of the company. The Fulton Georgia Nonemployee Directors Stock Option Plan recognizes the valuable contributions of nonemployee directors to the overall success of National Surgery Centers, Inc. By incentivizing these directors with stock options, the company ensures their long-term commitment to enhancing shareholder value. There may be different types of Fulton Georgia Nonemployee Directors Stock Option Plans offered by National Surgery Centers, Inc., such as: 1. Standard Stock Option Plan: This plan grants nonemployee directors the opportunity to purchase a specific number of shares at the exercise price within a predetermined timeframe. The exercise price and vesting period may vary depending on the terms of the plan. 2. Performance-Based Stock Option Plan: This plan sets specific performance targets for nonemployee directors to meet in order to exercise their stock options. It incentivizes directors by aligning their compensation with the company's performance metrics, encouraging them to contribute to National Surgery Centers, Inc.'s growth and success. 3. Restricted Stock Unit Plan: In addition to traditional stock options, National Surgery Centers, Inc. might offer a restricted stock unit plan for its nonemployee directors. Instead of purchasing shares, directors receive units that convert into stock at a later date, subject to certain conditions such as the completion of a vesting period or the achievement of specific milestones. The Fulton Georgia Nonemployee Directors Stock Option Plan of National Surgery Centers, Inc. exemplifies the company's commitment to rewarding and attracting top talent in its board of directors. By offering stock options, National Surgery Centers, Inc. ensures that its nonemployee directors have a vested interest in the company's success, ultimately leading to enhanced shareholder value.

The Fulton Georgia Nonemployee Directors Stock Option Plan of National Surgery Centers, Inc. is a beneficial program designed specifically for nonemployee directors affiliated with the company. This comprehensive plan offers nonemployee directors the opportunity to obtain stock options as a form of compensation. With a focus on Fulton, Georgia, this unique stock option plan aims to attract and retain talented nonemployee directors by providing them with an additional financial incentive. Through the Fulton Georgia Nonemployee Directors Stock Option Plan, National Surgery Centers, Inc. aims to align the interests of its nonemployee directors with those of the company and its shareholders. This plan enables eligible directors to acquire stock options, allowing them to purchase shares of National Surgery Centers, Inc. at a predetermined price, known as the exercise price. By doing so, directors have the potential to benefit from the future growth and success of the company. The Fulton Georgia Nonemployee Directors Stock Option Plan recognizes the valuable contributions of nonemployee directors to the overall success of National Surgery Centers, Inc. By incentivizing these directors with stock options, the company ensures their long-term commitment to enhancing shareholder value. There may be different types of Fulton Georgia Nonemployee Directors Stock Option Plans offered by National Surgery Centers, Inc., such as: 1. Standard Stock Option Plan: This plan grants nonemployee directors the opportunity to purchase a specific number of shares at the exercise price within a predetermined timeframe. The exercise price and vesting period may vary depending on the terms of the plan. 2. Performance-Based Stock Option Plan: This plan sets specific performance targets for nonemployee directors to meet in order to exercise their stock options. It incentivizes directors by aligning their compensation with the company's performance metrics, encouraging them to contribute to National Surgery Centers, Inc.'s growth and success. 3. Restricted Stock Unit Plan: In addition to traditional stock options, National Surgery Centers, Inc. might offer a restricted stock unit plan for its nonemployee directors. Instead of purchasing shares, directors receive units that convert into stock at a later date, subject to certain conditions such as the completion of a vesting period or the achievement of specific milestones. The Fulton Georgia Nonemployee Directors Stock Option Plan of National Surgery Centers, Inc. exemplifies the company's commitment to rewarding and attracting top talent in its board of directors. By offering stock options, National Surgery Centers, Inc. ensures that its nonemployee directors have a vested interest in the company's success, ultimately leading to enhanced shareholder value.