Sacramento California Stock Option and Incentive Plan of Hurco Companies, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• County: Sacramento
• Control #: US-CC-18-341
• Format: Word; Rich Text

Description

18-341 18-341 . . . Stock Option and Incentive Plan under which Compensation Committee can grant (a) Incentive Stock Options, (b) Non-qualified Stock Options, (c) Restricted Shares, (d) Performance Shares (which are converted into cash upon satisfaction of specified performance goals established on one or more of following business criteria: earnings per share, return on equity, return on assets, operating income, or market value per share), and (e) Affiliated, Freestanding and Tandem Stock Appreciation Rights. Committee has discretion to establish special rules applicable to awards to grantees outside of United States in order to comply with foreign law or practice The Sacramento California Stock Option and Incentive Plan of Church Companies, Inc. is a comprehensive employee benefit program designed to provide employees with opportunities to purchase company shares or receive stock options as part of their compensation package. This plan is tailored specifically for employees working at Church Companies, Inc. in Sacramento, California. The Stock Option and Incentive Plan aims to motivate and reward employees by offering them the ability to acquire company stock at a predetermined price, known as the grant or exercise price. By participating in this plan, employees become shareholders and have the potential to benefit from the company's future growth and profitability. Under the Sacramento California Stock Option and Incentive Plan, there are several types of stock-based compensation that employees may be eligible for, including: 1. Stock Options: This type of incentive provides employees with the right to purchase a specified number of company shares at a predetermined price within a certain time frame. These options typically have a vesting period, meaning employees must fulfill specific conditions, such as remaining employed for a certain period, before they can exercise their options. 2. Restricted Stock Units (RSS): RSS are another form of stock-based compensation where employees are granted a specific number of company shares that vest over time. Once the vesting conditions are met, employees receive the actual shares or their cash equivalent. 3. Stock Appreciation Rights (SARS): SARS provide employees with the opportunity to receive the appreciation in company stock value over a predetermined period. They can either be settled in cash or company stock, depending on the plan's terms. 4. Performance Shares: This type of incentive is linked to the achievement of specific performance goals. Employees are granted a certain number of shares based on their performance, and once the goals are met, they can receive the shares outright. The Sacramento California Stock Option and Incentive Plan of Church Companies, Inc. aims to align the interests of employees with the company's performance and growth. By providing employees with these stock-based incentives, Church Companies, Inc. encourages their active participation and contribution to the company's success while also offering the potential for individual financial gain.

The Sacramento California Stock Option and Incentive Plan of Church Companies, Inc. is a comprehensive employee benefit program designed to provide employees with opportunities to purchase company shares or receive stock options as part of their compensation package. This plan is tailored specifically for employees working at Church Companies, Inc. in Sacramento, California. The Stock Option and Incentive Plan aims to motivate and reward employees by offering them the ability to acquire company stock at a predetermined price, known as the grant or exercise price. By participating in this plan, employees become shareholders and have the potential to benefit from the company's future growth and profitability. Under the Sacramento California Stock Option and Incentive Plan, there are several types of stock-based compensation that employees may be eligible for, including: 1. Stock Options: This type of incentive provides employees with the right to purchase a specified number of company shares at a predetermined price within a certain time frame. These options typically have a vesting period, meaning employees must fulfill specific conditions, such as remaining employed for a certain period, before they can exercise their options. 2. Restricted Stock Units (RSS): RSS are another form of stock-based compensation where employees are granted a specific number of company shares that vest over time. Once the vesting conditions are met, employees receive the actual shares or their cash equivalent. 3. Stock Appreciation Rights (SARS): SARS provide employees with the opportunity to receive the appreciation in company stock value over a predetermined period. They can either be settled in cash or company stock, depending on the plan's terms. 4. Performance Shares: This type of incentive is linked to the achievement of specific performance goals. Employees are granted a certain number of shares based on their performance, and once the goals are met, they can receive the shares outright. The Sacramento California Stock Option and Incentive Plan of Church Companies, Inc. aims to align the interests of employees with the company's performance and growth. By providing employees with these stock-based incentives, Church Companies, Inc. encourages their active participation and contribution to the company's success while also offering the potential for individual financial gain.