Fairfax Virginia Restricted Stock Plan of RPM, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• County: Fairfax
• Control #: US-CC-18-200A
• Format: Word; Rich Text

Description

18-200A 18-200A . . . Restricted Stock Plan under which (a) Compensation Committee determines those employees of corporation and subsidiaries who are eligible to receive awards of Restricted Shares, (b) Restricted Shares are forfeitable and nontransferable for specified period of time, (c) transfer restrictions remain in place until earliest of (i) later of either employee's termination of employment or lapse of forfeiture restrictions, (ii) change in control with respect to corporation, or (iii) termination of Plan. Restricted Shares are subject to compete forfeiture until earliest to occur of (i) later of either employee's attainment of age 55 or fifth anniversary of May 31st immediately preceding date on which Restricted Shares were awarded, (ii) retirement of employee on or after attainment of age 65, or (iii) change in control with respect to corporation Fairfax Virginia Restricted Stock Plan of RPM, Inc. is a comprehensive employee compensation program aimed at providing long-term incentives to eligible individuals working for RPM, Inc. in Fairfax, Virginia. This plan is designed to reward and retain employees by granting them shares of company stock that are subject to certain restrictions and requirements. RPM, Inc. is a well-established corporation headquartered in Fairfax, Virginia, and operates in various industries such as manufacturing, construction, engineering, and technology. In order to attract and retain top talent, the company offers different types of restricted stock plans to its employees. 1. Performance-Based Restricted Stock Plan: A type of Fairfax Virginia Restricted Stock Plan offered by RPM, Inc., where the allocation of stocks is based on an employee's performance and the achievement of specific goals. This plan motivates employees to exceed their targets and outperform expectations, leading to potential financial gains through stock ownership. 2. Time-Based Restricted Stock Plan: Another type of Fairfax Virginia Restricted Stock Plan available at RPM, Inc., this plan grants shares of company stock to employees over a predetermined period. Typically, these shares vest gradually over time, encouraging employees to remain with the company and contribute to its long-term success. 3. Employee Stock Purchase Plan (ESPN): While not strictly a restricted stock plan, the ESPN is an additional employee benefit program offered by RPM, Inc. in Fairfax, Virginia. This plan allows employees to purchase company stock at a discounted price through payroll deductions. It provides an opportunity for employees to become shareholders and benefit from stock price appreciation. 4. Executive Restricted Stock Plan: Specifically designed for executives and senior-level employees, this Fairfax Virginia Restricted Stock Plan of RPM, Inc. aims to align the interests of key personnel with the long-term growth and stability of the company. These plans may have additional restrictions, vesting schedules, or performance criteria tailored to executive roles. The Fairfax Virginia Restricted Stock Plan of RPM, Inc. underscores the company's commitment to attracting, motivating, and retaining talent by enabling employees to share in the success of the organization. It offers employees the opportunity to become shareholders and enjoy potential financial rewards while fostering a sense of ownership and alignment towards long-term corporate goals.

Fairfax Virginia Restricted Stock Plan of RPM, Inc. is a comprehensive employee compensation program aimed at providing long-term incentives to eligible individuals working for RPM, Inc. in Fairfax, Virginia. This plan is designed to reward and retain employees by granting them shares of company stock that are subject to certain restrictions and requirements. RPM, Inc. is a well-established corporation headquartered in Fairfax, Virginia, and operates in various industries such as manufacturing, construction, engineering, and technology. In order to attract and retain top talent, the company offers different types of restricted stock plans to its employees. 1. Performance-Based Restricted Stock Plan: A type of Fairfax Virginia Restricted Stock Plan offered by RPM, Inc., where the allocation of stocks is based on an employee's performance and the achievement of specific goals. This plan motivates employees to exceed their targets and outperform expectations, leading to potential financial gains through stock ownership. 2. Time-Based Restricted Stock Plan: Another type of Fairfax Virginia Restricted Stock Plan available at RPM, Inc., this plan grants shares of company stock to employees over a predetermined period. Typically, these shares vest gradually over time, encouraging employees to remain with the company and contribute to its long-term success. 3. Employee Stock Purchase Plan (ESPN): While not strictly a restricted stock plan, the ESPN is an additional employee benefit program offered by RPM, Inc. in Fairfax, Virginia. This plan allows employees to purchase company stock at a discounted price through payroll deductions. It provides an opportunity for employees to become shareholders and benefit from stock price appreciation. 4. Executive Restricted Stock Plan: Specifically designed for executives and senior-level employees, this Fairfax Virginia Restricted Stock Plan of RPM, Inc. aims to align the interests of key personnel with the long-term growth and stability of the company. These plans may have additional restrictions, vesting schedules, or performance criteria tailored to executive roles. The Fairfax Virginia Restricted Stock Plan of RPM, Inc. underscores the company's commitment to attracting, motivating, and retaining talent by enabling employees to share in the success of the organization. It offers employees the opportunity to become shareholders and enjoy potential financial rewards while fostering a sense of ownership and alignment towards long-term corporate goals.