Wake North Carolina Officer Long Term Incentive Compensation Plan for Southern California Edison Co.

• Category: Corporations - Public - Incentive Compensation Plans
• State: Multi-State
• County: Wake
• Control #: US-CC-18-266C
• Format: Word; Rich Text

Description

18-266C 18-266C . . . Officer Long Term Incentive Compensation Plan under which compensation committee can grant (i) stock appreciation equivalents (hypothetical stock "units" which are granted to participant and upon which value of any incentive award is calculated), (ii) dividend equivalents (which represent value of dividends per share paid by corporation, calculated upon stock or stock units held by participant and which, if objectives set by committee are met, are paid to participant), (iii) Non-qualified Stock Options, (iv) incentive stock options, (v) restricted stock, (vi) stock appreciation rights, and (vii) performance awards The Wake North Carolina Officer Long Term Incentive Compensation Plan for Southern California Edison Co. is a comprehensive program designed to attract and retain top talent in key leadership positions within the company. This incentivized compensation plan provides long-term rewards to officers who consistently contribute to the company's success and align their interests with its long-term goals. Keywords: Wake North Carolina, Officer Long Term Incentive Compensation Plan, Southern California Edison Co., incentivized compensation, attract and retain top talent, leadership positions, long-term rewards, company's success, align interests, long-term goals. There are different types of Wake North Carolina Officer Long Term Incentive Compensation Plans offered by Southern California Edison Co. to meet the specific needs of its officers. These plans include: 1. Performance-Based Incentive Plan: This type of plan focuses on rewarding officers based on the achievement of predetermined performance targets and corporate goals. By linking compensation to performance, it encourages officers to drive results and contribute to the growth of Southern California Edison Co. 2. Equity-Based Incentive Plan: This plan aims to provide officers with a stake in the success of the company by granting them equity-based rewards such as stock options or restricted stock units. As the company's stock price increases, officers can reap the rewards, reinforcing their commitment to the long-term success of Southern California Edison Co. 3. Cash Bonus Incentive Plan: This plan offers officers a cash bonus based on various factors like individual or team performance, financial goals, or meeting specific milestones. It provides immediate financial gratification for exceptional contributions and motivates officers to exceed expectations. 4. Long-Term Incentive Plan: This plan is designed to incentivize officers to remain committed to Southern California Edison Co. for an extended period. It typically includes a mix of performance-based incentives and equity-based rewards, ensuring officers are invested in the company's long-term growth and stability. 5. Executive Bonus Plan: This plan is tailored specifically for top-level executives within the company. It provides a combination of short-term and long-term incentives through cash bonuses, equity grants, and deferred compensation to recognize their leadership and strategic contributions. Overall, these Wake North Carolina Officer Long Term Incentive Compensation Plans aim to attract and retain high-performing officers while aligning their efforts with Southern California Edison Co.'s long-term objectives. By offering a mix of performance-based, equity-based, and cash incentives, these plans provide a well-rounded compensation package that rewards officers for their commitment, leadership, and role in driving the company's success.

The Wake North Carolina Officer Long Term Incentive Compensation Plan for Southern California Edison Co. is a comprehensive program designed to attract and retain top talent in key leadership positions within the company. This incentivized compensation plan provides long-term rewards to officers who consistently contribute to the company's success and align their interests with its long-term goals. Keywords: Wake North Carolina, Officer Long Term Incentive Compensation Plan, Southern California Edison Co., incentivized compensation, attract and retain top talent, leadership positions, long-term rewards, company's success, align interests, long-term goals. There are different types of Wake North Carolina Officer Long Term Incentive Compensation Plans offered by Southern California Edison Co. to meet the specific needs of its officers. These plans include: 1. Performance-Based Incentive Plan: This type of plan focuses on rewarding officers based on the achievement of predetermined performance targets and corporate goals. By linking compensation to performance, it encourages officers to drive results and contribute to the growth of Southern California Edison Co. 2. Equity-Based Incentive Plan: This plan aims to provide officers with a stake in the success of the company by granting them equity-based rewards such as stock options or restricted stock units. As the company's stock price increases, officers can reap the rewards, reinforcing their commitment to the long-term success of Southern California Edison Co. 3. Cash Bonus Incentive Plan: This plan offers officers a cash bonus based on various factors like individual or team performance, financial goals, or meeting specific milestones. It provides immediate financial gratification for exceptional contributions and motivates officers to exceed expectations. 4. Long-Term Incentive Plan: This plan is designed to incentivize officers to remain committed to Southern California Edison Co. for an extended period. It typically includes a mix of performance-based incentives and equity-based rewards, ensuring officers are invested in the company's long-term growth and stability. 5. Executive Bonus Plan: This plan is tailored specifically for top-level executives within the company. It provides a combination of short-term and long-term incentives through cash bonuses, equity grants, and deferred compensation to recognize their leadership and strategic contributions. Overall, these Wake North Carolina Officer Long Term Incentive Compensation Plans aim to attract and retain high-performing officers while aligning their efforts with Southern California Edison Co.'s long-term objectives. By offering a mix of performance-based, equity-based, and cash incentives, these plans provide a well-rounded compensation package that rewards officers for their commitment, leadership, and role in driving the company's success.