San Bernardino California Nonemployee Directors Stock Plan of Jacor Communications, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• County: San Bernardino
• 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 San Bernardino California Nonemployee Directors Stock Plan of Jacob Communications, Inc. is a comprehensive compensation program designed specifically for non-employee directors belonging to the Jacob Communications, Inc. organization in San Bernardino, California. This plan aims to attract, retain, and motivate qualified directors by providing them with equity-based incentives. Under this stock plan, non-employee directors are granted stock-based compensation in the form of stock options, restricted stock units (RSS), or performance-based stock units (Plus), depending on their individual roles and contributions to the company. The plan helps align the interests of directors with those of shareholders, as stock-based compensation rewards performance and fosters long-term commitment. Stock options offer directors the right to purchase a specified number of company shares at a predetermined exercise price within a defined timeframe. This encourages directors to contribute to the growth and success of Jacob Communications, Inc. by giving them the opportunity to benefit from any appreciation in the company's stock value. Restricted stock units, on the other hand, grant directors the right to receive shares of stock at a future date or upon meeting certain vesting conditions. These units act as an additional retention tool and incentivize directors to remain committed to Jacob Communications, Inc., as they must await the vesting period to unlock the value of the shares. Performance-based stock units are awarded to directors based on predefined performance goals and objectives set by the organization. Directors receive shares based on their achievement of specific targets, such as financial performance goals or strategic milestones. This type of stock unit ensures that directors are actively contributing to the company's growth and are rewarded for meeting or exceeding expectations. The San Bernardino California Nonemployee Directors Stock Plan of Jacob Communications, Inc. is designed with the aim of attracting top talent, aligning director interests with shareholder interests, and fostering a long-term commitment to the company's success. By offering equity-based compensation, it motivates non-employee directors to actively contribute to the growth and prosperity of Jacob Communications, Inc., ensuring a strong and dedicated board of directors.

The San Bernardino California Nonemployee Directors Stock Plan of Jacob Communications, Inc. is a comprehensive compensation program designed specifically for non-employee directors belonging to the Jacob Communications, Inc. organization in San Bernardino, California. This plan aims to attract, retain, and motivate qualified directors by providing them with equity-based incentives. Under this stock plan, non-employee directors are granted stock-based compensation in the form of stock options, restricted stock units (RSS), or performance-based stock units (Plus), depending on their individual roles and contributions to the company. The plan helps align the interests of directors with those of shareholders, as stock-based compensation rewards performance and fosters long-term commitment. Stock options offer directors the right to purchase a specified number of company shares at a predetermined exercise price within a defined timeframe. This encourages directors to contribute to the growth and success of Jacob Communications, Inc. by giving them the opportunity to benefit from any appreciation in the company's stock value. Restricted stock units, on the other hand, grant directors the right to receive shares of stock at a future date or upon meeting certain vesting conditions. These units act as an additional retention tool and incentivize directors to remain committed to Jacob Communications, Inc., as they must await the vesting period to unlock the value of the shares. Performance-based stock units are awarded to directors based on predefined performance goals and objectives set by the organization. Directors receive shares based on their achievement of specific targets, such as financial performance goals or strategic milestones. This type of stock unit ensures that directors are actively contributing to the company's growth and are rewarded for meeting or exceeding expectations. The San Bernardino California Nonemployee Directors Stock Plan of Jacob Communications, Inc. is designed with the aim of attracting top talent, aligning director interests with shareholder interests, and fostering a long-term commitment to the company's success. By offering equity-based compensation, it motivates non-employee directors to actively contribute to the growth and prosperity of Jacob Communications, Inc., ensuring a strong and dedicated board of directors.