Fairfax Virginia Stock Option and Dividend Equivalent Plan with exhibits of UGI Corp.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• County: Fairfax
• Control #: US-CC-18-305
• Format: Word; Rich Text

Description

18-305 18-305 . . . Stock Option and Dividend Equivalent Plan which provides for issuance of Non-qualified Stock Options and Dividend Equivalents. From date of grant of option until earlier of (a) end of period selected by Committee over which total return realizable by stockholder of corporation on a share of stock is compared to that realizable by stockholders of companies in a Comparison Group ("Performance Period") or (b) date of participant's disability, death or termination of employment, corporation shall keep records for such participant ("Account") and shall credit Account with an amount equal to Dividend Equivalent associated with such option. Committee will determine measurable criteria pursuant to which total return realizable by stockholder on share of stock over applicable Performance Period can be compared to that realizable over same Performance Period by stockholders of Comparison Group. Extent to which participant receives payment of Dividend Equivalents will be determined by comparing such total return realizable by stockholder of the corporation to that realizable by stockholders of Comparison Group Fairfax Virginia Stock Option and Dividend Equivalent Plan is a program offered by UGI Corp., a leading global energy company headquartered in Valley Forge, Pennsylvania. This plan provides the employees of UGI Corp. and its subsidiaries, including its Fairfax Virginia location, an opportunity to participate in the company's growth and success through stock options and dividend equivalents. Under the Stock Option component of the plan, eligible employees are granted the right to purchase a specified number of UGI Corp. stocks at a predetermined price within a specific time frame. The exercise price is typically based on the fair market value of the company's stock at the time of the grant. These stock options encourage employees to align their interests with the company's shareholders and benefit from the potential increase in stock value over time. The Dividend Equivalent component of the plan allows eligible employees to receive cash payments equivalent to the dividends declared on the UGI Corp. common stocks they hold. This provides employees with a regular source of additional income, enabling them to share in the company's success and financial performance through dividend payments. The Fairfax Virginia Stock Option and Dividend Equivalent Plan, along with its exhibits, highlight the various terms, conditions, and guidelines related to these employee benefit programs. These exhibits may include sample stock option agreements, exercise schedules, vesting provisions, dividend equivalent calculations, and withholding requirements. It's important to note that UGI Corp. may offer different types of Fairfax Virginia Stock Option and Dividend Equivalent Plans to its employees, depending on their roles, tenure, and other factors. These plans could vary in terms of eligibility criteria, the number of granted stock options, exercise schedules, vesting periods, and dividend equivalent calculations. Overall, the Fairfax Virginia Stock Option and Dividend Equivalent Plan demonstrates UGI Corp.'s commitment to attracting, motivating, and retaining talented employees by providing them with an opportunity to share in the company's success and participate in its financial growth.

Fairfax Virginia Stock Option and Dividend Equivalent Plan is a program offered by UGI Corp., a leading global energy company headquartered in Valley Forge, Pennsylvania. This plan provides the employees of UGI Corp. and its subsidiaries, including its Fairfax Virginia location, an opportunity to participate in the company's growth and success through stock options and dividend equivalents. Under the Stock Option component of the plan, eligible employees are granted the right to purchase a specified number of UGI Corp. stocks at a predetermined price within a specific time frame. The exercise price is typically based on the fair market value of the company's stock at the time of the grant. These stock options encourage employees to align their interests with the company's shareholders and benefit from the potential increase in stock value over time. The Dividend Equivalent component of the plan allows eligible employees to receive cash payments equivalent to the dividends declared on the UGI Corp. common stocks they hold. This provides employees with a regular source of additional income, enabling them to share in the company's success and financial performance through dividend payments. The Fairfax Virginia Stock Option and Dividend Equivalent Plan, along with its exhibits, highlight the various terms, conditions, and guidelines related to these employee benefit programs. These exhibits may include sample stock option agreements, exercise schedules, vesting provisions, dividend equivalent calculations, and withholding requirements. It's important to note that UGI Corp. may offer different types of Fairfax Virginia Stock Option and Dividend Equivalent Plans to its employees, depending on their roles, tenure, and other factors. These plans could vary in terms of eligibility criteria, the number of granted stock options, exercise schedules, vesting periods, and dividend equivalent calculations. Overall, the Fairfax Virginia Stock Option and Dividend Equivalent Plan demonstrates UGI Corp.'s commitment to attracting, motivating, and retaining talented employees by providing them with an opportunity to share in the company's success and participate in its financial growth.