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

• Category: Corporations - Public - Stock Options
• State: Multi-State
• County: Santa Clara
• 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 Santa Clara California Stock Option and Incentive Plan of Church Companies, Inc. is a comprehensive compensation program designed to attract, motivate, and retain talented employees. This plan provides employees with an opportunity to purchase company stock at a predetermined price known as the exercise price. It is a valuable benefit that aligns the interests of employees with those of the company's shareholders. The Santa Clara California Stock Option and Incentive Plan encompasses various types of stock options and incentives that cater to different employees' needs and roles within the organization. Some types of stock options and incentives included in the plan are: 1. Stock Options: This plan offers employees the right to purchase a specific number of company shares at a predetermined price within a predetermined time frame. These options provide employees with a potential financial gain if the company's stock price increases over time. 2. Restricted Stock Units (RSS): RSS are an alternative form of compensation where employees receive a certain number of company shares as a grant. However, these shares are subject to specific vesting conditions, such as time-based or performance-based metrics. 3. Performance Shares: Performance shares are granted to employees based on predetermined performance goals, such as achieving financial targets or strategic objectives. If the specified goals are met, employees receive company shares. 4. Employee Stock Purchase Plan (ESPN): ESPN allows eligible employees to purchase company stock at a discount. This plan enables employees to contribute a portion of their salary towards purchasing company shares, promoting long-term investment and ownership. 5. Stock Appreciation Rights (SARS): SARS provide employees with the opportunity to receive cash or company shares based on the increase in the stock price over a specific period. It allows employees to participate in the company's success without directly purchasing company stock. The Santa Clara California Stock Option and Incentive Plan of Church Companies, Inc. is a comprehensive compensation package that offers various types of stock options and incentives tailored to different employee groups. This plan serves to attract and retain highly skilled individuals, align employee interests with shareholder value, and ultimately drive the company's long-term success.

The Santa Clara California Stock Option and Incentive Plan of Church Companies, Inc. is a comprehensive compensation program designed to attract, motivate, and retain talented employees. This plan provides employees with an opportunity to purchase company stock at a predetermined price known as the exercise price. It is a valuable benefit that aligns the interests of employees with those of the company's shareholders. The Santa Clara California Stock Option and Incentive Plan encompasses various types of stock options and incentives that cater to different employees' needs and roles within the organization. Some types of stock options and incentives included in the plan are: 1. Stock Options: This plan offers employees the right to purchase a specific number of company shares at a predetermined price within a predetermined time frame. These options provide employees with a potential financial gain if the company's stock price increases over time. 2. Restricted Stock Units (RSS): RSS are an alternative form of compensation where employees receive a certain number of company shares as a grant. However, these shares are subject to specific vesting conditions, such as time-based or performance-based metrics. 3. Performance Shares: Performance shares are granted to employees based on predetermined performance goals, such as achieving financial targets or strategic objectives. If the specified goals are met, employees receive company shares. 4. Employee Stock Purchase Plan (ESPN): ESPN allows eligible employees to purchase company stock at a discount. This plan enables employees to contribute a portion of their salary towards purchasing company shares, promoting long-term investment and ownership. 5. Stock Appreciation Rights (SARS): SARS provide employees with the opportunity to receive cash or company shares based on the increase in the stock price over a specific period. It allows employees to participate in the company's success without directly purchasing company stock. The Santa Clara California Stock Option and Incentive Plan of Church Companies, Inc. is a comprehensive compensation package that offers various types of stock options and incentives tailored to different employee groups. This plan serves to attract and retain highly skilled individuals, align employee interests with shareholder value, and ultimately drive the company's long-term success.