San Jose California Stock Option and Award Plan of Amresco, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• City: San Jose
• Control #: US-CC-18-323
• Format: Word; Rich Text

Description

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 San Jose California Stock Option and Award Plan of Fresco, Inc. is a comprehensive program established by the company to provide its employees with various stock-based compensation options and awards. This plan is designed to attract and retain talented individuals while aligning their interests with the long-term success of the organization. Keywords: San Jose California, Stock Option and Award Plan, Fresco Inc., stock-based compensation, employees, long-term success, talent retention, interests. 1. Employee Stock Option Grants: One of the key components of the San Jose California Stock Option and Award Plan is the Employee Stock Option Grants. Under this program, eligible employees are granted the right to purchase a specific number of company shares at a predetermined price known as the exercise price. These stock options often come with a vesting schedule, which means employees need to meet certain service requirements to fully exercise their options. 2. Restricted Stock Units (RSS): Another type of award offered by Fresco Inc.'s Stock Option and Award Plan is Restricted Stock Units (RSS). RSS represents a promise to deliver a certain number of company shares to the employee at a future date, subject to specific vesting conditions. RSS provide employees with the opportunity to benefit from the company's future stock price appreciation. 3. Performance Awards: Fresco Inc.'s Stock Option and Award Plan may also include Performance Awards. These awards are based on predetermined performance goals that align with the company's objectives. Employees are rewarded with additional company shares or cash bonuses when they achieve these goals. 4. Stock Appreciation Rights (SARS): Stock Appreciation Rights (SARS) may be part of the San Jose California Stock Option and Award Plan as well. SARS provide employees with an opportunity to earn profits when the company's stock price increases. The employee receives the difference between the grant price and the fair market value of the shares at the time of exercise. 5. Stock Purchase Plan: Fresco Inc.'s Stock Option and Award Plan may also include a Stock Purchase Plan. This offers employees the opportunity to purchase company shares at a discounted price. Typically, employees contribute a portion of their salary to the plan, and these contributions are used to purchase shares on their behalf. 6. Dividend Equivalents: Dividend Equivalents can be offered as part of the Stock Option and Award Plan. Employees may be entitled to receive cash payments or additional company shares equivalent to the dividends paid on the shares granted to them. The San Jose California Stock Option and Award Plan of Fresco, Inc. establishes a comprehensive framework to reward and motivate employees by granting stock-based compensation. This plan helps create a sense of ownership, align employee interests with company performance, and ultimately fosters long-term growth and success for both employees and the company as a whole.

The San Jose California Stock Option and Award Plan of Fresco, Inc. is a comprehensive program established by the company to provide its employees with various stock-based compensation options and awards. This plan is designed to attract and retain talented individuals while aligning their interests with the long-term success of the organization. Keywords: San Jose California, Stock Option and Award Plan, Fresco Inc., stock-based compensation, employees, long-term success, talent retention, interests. 1. Employee Stock Option Grants: One of the key components of the San Jose California Stock Option and Award Plan is the Employee Stock Option Grants. Under this program, eligible employees are granted the right to purchase a specific number of company shares at a predetermined price known as the exercise price. These stock options often come with a vesting schedule, which means employees need to meet certain service requirements to fully exercise their options. 2. Restricted Stock Units (RSS): Another type of award offered by Fresco Inc.'s Stock Option and Award Plan is Restricted Stock Units (RSS). RSS represents a promise to deliver a certain number of company shares to the employee at a future date, subject to specific vesting conditions. RSS provide employees with the opportunity to benefit from the company's future stock price appreciation. 3. Performance Awards: Fresco Inc.'s Stock Option and Award Plan may also include Performance Awards. These awards are based on predetermined performance goals that align with the company's objectives. Employees are rewarded with additional company shares or cash bonuses when they achieve these goals. 4. Stock Appreciation Rights (SARS): Stock Appreciation Rights (SARS) may be part of the San Jose California Stock Option and Award Plan as well. SARS provide employees with an opportunity to earn profits when the company's stock price increases. The employee receives the difference between the grant price and the fair market value of the shares at the time of exercise. 5. Stock Purchase Plan: Fresco Inc.'s Stock Option and Award Plan may also include a Stock Purchase Plan. This offers employees the opportunity to purchase company shares at a discounted price. Typically, employees contribute a portion of their salary to the plan, and these contributions are used to purchase shares on their behalf. 6. Dividend Equivalents: Dividend Equivalents can be offered as part of the Stock Option and Award Plan. Employees may be entitled to receive cash payments or additional company shares equivalent to the dividends paid on the shares granted to them. The San Jose California Stock Option and Award Plan of Fresco, Inc. establishes a comprehensive framework to reward and motivate employees by granting stock-based compensation. This plan helps create a sense of ownership, align employee interests with company performance, and ultimately fosters long-term growth and success for both employees and the company as a whole.