Cuyahoga Ohio Stock Option and Long Term Incentive Plan of Golf Technology Holding, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• County: Cuyahoga
• Control #: US-CC-18-214D
• Format: Word; Rich Text

Description

This is a multi-state form covering the subject matter of the title. Cuyahoga Ohio Stock Option and Long Term Incentive Plan is a compensation program offered by Golf Technology Holding, Inc., a leading player in the golf technology industry. This plan is designed to attract and retain talented employees by offering them the opportunity to own company stock and earn long-term incentives. The Cuyahoga Ohio Stock Option and Long Term Incentive Plan consists of various types that are tailored to meet the specific needs of employees: 1. Non-Qualified Stock Options: This type of stock option allows employees to purchase company stock at a predetermined price, known as the exercise price. These options are usually granted to employees at a discount and provide them with the potential for capital appreciation if the company's stock price increases. 2. Incentive Stock Options: Unlike non-qualified stock options, incentive stock options (SOS) have certain tax advantages. They are granted to employees with specific conditions and offer preferential tax treatment upon exercise and sale of the stock. 3. Restricted Stock Units (RSS): RSS are another component of the Cuyahoga Ohio Stock Option and Long Term Incentive Plan. They are units representing a specific number of company shares that will be granted to employees if certain performance goals or vesting conditions are met. RSS has no exercise price and are typically granted as part of the long-term incentive plan. 4. Performance Shares: This type of long-term incentive is linked to the company's performance over a specific period. Employees will receive a predetermined number of shares based on the achievement of predetermined performance targets. Performance shares align employee and company interests and reward exceptional performance. 5. Stock Appreciation Rights (SARS): SARS entitle employees to receive cash or stock based on the appreciation in the company's stock price over a specified period. Unlike stock options, SARS do not require employees to purchase shares; they provide employees with direct benefits based on the value growth of the company's stock. The Cuyahoga Ohio Stock Option and Long Term Incentive Plan of Golf Technology Holding, Inc., aims to motivate and reward employees for their contributions to the company's success. By offering various types of stock options and long-term incentives, the plan incentivizes employees to align their interests with the company's financial growth.

Cuyahoga Ohio Stock Option and Long Term Incentive Plan is a compensation program offered by Golf Technology Holding, Inc., a leading player in the golf technology industry. This plan is designed to attract and retain talented employees by offering them the opportunity to own company stock and earn long-term incentives. The Cuyahoga Ohio Stock Option and Long Term Incentive Plan consists of various types that are tailored to meet the specific needs of employees: 1. Non-Qualified Stock Options: This type of stock option allows employees to purchase company stock at a predetermined price, known as the exercise price. These options are usually granted to employees at a discount and provide them with the potential for capital appreciation if the company's stock price increases. 2. Incentive Stock Options: Unlike non-qualified stock options, incentive stock options (SOS) have certain tax advantages. They are granted to employees with specific conditions and offer preferential tax treatment upon exercise and sale of the stock. 3. Restricted Stock Units (RSS): RSS are another component of the Cuyahoga Ohio Stock Option and Long Term Incentive Plan. They are units representing a specific number of company shares that will be granted to employees if certain performance goals or vesting conditions are met. RSS has no exercise price and are typically granted as part of the long-term incentive plan. 4. Performance Shares: This type of long-term incentive is linked to the company's performance over a specific period. Employees will receive a predetermined number of shares based on the achievement of predetermined performance targets. Performance shares align employee and company interests and reward exceptional performance. 5. Stock Appreciation Rights (SARS): SARS entitle employees to receive cash or stock based on the appreciation in the company's stock price over a specified period. Unlike stock options, SARS do not require employees to purchase shares; they provide employees with direct benefits based on the value growth of the company's stock. The Cuyahoga Ohio Stock Option and Long Term Incentive Plan of Golf Technology Holding, Inc., aims to motivate and reward employees for their contributions to the company's success. By offering various types of stock options and long-term incentives, the plan incentivizes employees to align their interests with the company's financial growth.