Hillsborough Florida Nonemployee Directors Stock Plan of Jacor Communications, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• County: Hillsborough
• Control #: US-CC-18-282A
• Format: Word; Rich Text

Description

18-282A 18-282A . . . Non-employee Director Stock Plan under which Board of Directors can grant (a) Non-qualified Stock Options, (b) Restricted Stock, (c) Stock Appreciation Rights, (d) Performance Units, (e) Performance Shares, and (f) other stock units to Non-employee directors The Hillsborough Florida Nonemployee Directors Stock Plan is a comprehensive stock benefit program established by Jacob Communications, Inc. specifically for its nonemployee directors based in Hillsborough County, Florida. This plan provides the eligible directors with an opportunity to own a stake in the company through stock options or stock grants. Under this stock plan, nonemployee directors of Jacob Communications, Inc. residing in Hillsborough County, Florida, are given stock-based compensation as part of their overall compensation package. This program aims to align the interests of the directors with those of the company's shareholders, promoting greater accountability, dedication, and a stronger commitment to long-term success. The Hillsborough Florida Nonemployee Directors Stock Plan offers different types of equity-based incentives to eligible directors. These include stock options and stock grants. Stock options provide directors with the right to purchase a certain number of company shares at a specified price, generally referred to as the exercise or strike price. On the other hand, stock grants are given directly to the directors, granting them ownership of the awarded shares without any purchase requirements. Directors participating in this plan need to meet certain criteria to be eligible for stock-based compensation. The plan typically outlines the number of shares available for grants or options, the vesting schedule, and any additional terms and conditions related to the stock awards. This ensures transparency and clarity for directors in understanding the potential benefits and responsibilities associated with their stock-based compensation. The Hillsborough Florida Nonemployee Directors Stock Plan of Jacob Communications, Inc. is designed to attract and retain highly qualified directors by providing them with the opportunity to share in the company's success. By granting equity interests, the plan promotes a sense of ownership and encourages directors to contribute their expertise and experience to drive the company's growth. In summary, the Hillsborough Florida Nonemployee Directors Stock Plan is an important benefit program offered by Jacob Communications, Inc. exclusively for its nonemployee directors in Hillsborough County, Florida. By granting stock options or stock grants, this plan ensures that directors have an ownership stake in the company, aligning their interests with those of the shareholders and fostering a dedicated and accountable board.

The Hillsborough Florida Nonemployee Directors Stock Plan is a comprehensive stock benefit program established by Jacob Communications, Inc. specifically for its nonemployee directors based in Hillsborough County, Florida. This plan provides the eligible directors with an opportunity to own a stake in the company through stock options or stock grants. Under this stock plan, nonemployee directors of Jacob Communications, Inc. residing in Hillsborough County, Florida, are given stock-based compensation as part of their overall compensation package. This program aims to align the interests of the directors with those of the company's shareholders, promoting greater accountability, dedication, and a stronger commitment to long-term success. The Hillsborough Florida Nonemployee Directors Stock Plan offers different types of equity-based incentives to eligible directors. These include stock options and stock grants. Stock options provide directors with the right to purchase a certain number of company shares at a specified price, generally referred to as the exercise or strike price. On the other hand, stock grants are given directly to the directors, granting them ownership of the awarded shares without any purchase requirements. Directors participating in this plan need to meet certain criteria to be eligible for stock-based compensation. The plan typically outlines the number of shares available for grants or options, the vesting schedule, and any additional terms and conditions related to the stock awards. This ensures transparency and clarity for directors in understanding the potential benefits and responsibilities associated with their stock-based compensation. The Hillsborough Florida Nonemployee Directors Stock Plan of Jacob Communications, Inc. is designed to attract and retain highly qualified directors by providing them with the opportunity to share in the company's success. By granting equity interests, the plan promotes a sense of ownership and encourages directors to contribute their expertise and experience to drive the company's growth. In summary, the Hillsborough Florida Nonemployee Directors Stock Plan is an important benefit program offered by Jacob Communications, Inc. exclusively for its nonemployee directors in Hillsborough County, Florida. By granting stock options or stock grants, this plan ensures that directors have an ownership stake in the company, aligning their interests with those of the shareholders and fostering a dedicated and accountable board.