Philadelphia Pennsylvania Stock Option and Award Plan of Amresco, Inc.

State:
Multi-State
County:
Philadelphia
Control #:
US-CC-18-323
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Word; 
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18-323 18-323 . . . Stock Option and Award Plan under which Committee can grant (a) Incentive Stock Options and Non-qualified Stock Options to persons other that outside directors, (b) Non-qualified Stock Options to outside directors (15,000 shares on his or her date of election or appointment and 15,000 shares every three years upon his or her re-election), (c) Restricted Stock, and (d) Performance Shares which have value equal to fair market value of share of stock on date Performance Share is earned. Committee sets performance goals which, depending on extent to which they are met, will determine number of Performance Shares that will be earned by Participants. Committee uses one or more of following performance measures for purposes of grants of Performance Shares: total stockholder return, return on assets, return on equity, earnings per share, and ratio of operating overhead to operating revenues

The Philadelphia Pennsylvania Stock Option and Award Plan of Fresco, Inc. is a comprehensive compensation plan used by the company to provide its employees with stock options and awards. This plan is designed to incentivize and reward employees for their hard work, dedication, and contribution to the success of the company. Under the Philadelphia Pennsylvania Stock Option and Award Plan, employees are granted stock options, which give them the right to purchase a specified number of company stocks at a predetermined price within a specific timeframe. This allows employees to become partial owners of the company and benefit from its growth and success. In addition to stock options, the plan also includes various types of stock awards. These awards are given to employees as a form of recognition and encouragement for their exceptional performance and achievements. They can take the form of restricted stock units (RSS), performance shares, or stock appreciation rights (SARS). One type of award offered under this plan is the restricted stock units (RSS). RSS are granted to employees as a promise to deliver company stock at a future date. The delivery of RSS typically occurs after a specified vesting period or upon achieving certain performance targets. RSS provide employees with an opportunity to share in the company's success once the units have vested. Performance shares are another type of award available under the plan. Performance shares are given to employees based on their performance against predetermined goals and objectives. These goals may be financial, operational, or individual performance targets set by the company. Once earned, performance shares can be converted into company stock or paid out in cash. Stock appreciation rights (SARS) are also included in the Philadelphia Pennsylvania Stock Option and Award Plan. SARS give employees the right to receive the appreciation in the value of a specified number of company shares over a predetermined period. Employees can exercise their SARS either in cash or company stock, depending on the terms specified in the plan. Overall, the Philadelphia Pennsylvania Stock Option and Award Plan of Fresco, Inc. provides a comprehensive framework for rewarding and motivating employees through stock options and awards. By offering various types of awards, the plan aligns employee interests with the company's success, fostering a sense of ownership and commitment among its workforce.

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  • Preview Stock Option and Award Plan of Amresco, Inc.
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FAQ

Examples of equity-based compensation include stock transfers, stock options, restricted stock awards, restricted stock units, stock appreciation rights, stock warrants, phantom stock plans, and other awards whose value is based on the value of specified stock.

Under financial accounting rules, employers generally deduct the fair market value of stock-based compensation when it is granted to calculate book income (what is reported on a firm's financial reports to shareholders).

Stock options are a form of compensation. Companies can grant them to employees, contractors, consultants and investors. These options, which are contracts, give an employee the right to buy, or exercise, a set number of shares of the company stock at a preset price, also known as the grant price.

An employee stock option is a plan that means you have the option to buy shares of the company's stock at a certain price for a given period of time. In doing so, it could increase how much money you bring in from your job.

What is Equity-Based Compensation? The term "equity-based compensation" includes any compensation paid to an employee, director, or independent contractor that is based on the value of specified stock (generally, the stock of the employer, which may be a corporation or a partnership).

Equity compensation is a strategy used to improve a business's cash flow. Instead of a salary, the employee is given a partial stake in the company. Equity compensation comes with certain terms, with the employee not earning a return at first. Startups often try to lure star employees with the promise of equity.

Stock Award means any right to receive Common Stock granted under the Plan, including an Incentive Stock Option, a Nonstatutory Stock Option, a Restricted Stock Award, a Restricted Stock Unit Award, a Stock Appreciation Right, a Performance Stock Award or any Other Stock Award. Sample 2. Sample 3.

Equity compensation involves providing partial ownership in your company as payment for the employee's work contributions. Equity-based compensation grants stock options or other legally enforceable financial instruments to align employee and company interests.

Equity compensation is non-cash pay that is offered to employees. Equity compensation may include options, restricted stock, and performance shares; all of these investment vehicles represent ownership in the firm for a company's employees. At times, equity compensation may accompany a below-market salary.

With a stock award, you receive the company's stocks as compensation. Depending on the type of stock, you may have to wait for a certain period before you can fully own it. A stock option, on the other hand, only gives you the right to buy the company's stocks in the future at a certain price.

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Philadelphia Pennsylvania Stock Option and Award Plan of Amresco, Inc.