Sacramento California Stock Option Plan of Stewart Information Services Corp. for Region Managers

• Category: Corporations - Public - Stock Options
• State: Multi-State
• County: Sacramento
• Control #: US-CC-18-365B
• Format: Word; Rich Text

Description

18-365B 18-365B . . . Stock Option Plan for Region Managers under which Compensation Committee may grant Incentive and Non-qualified Stock Options to full-time key employees who are employed at time of grant as Region Managers or equivalent position. In determining number of shares subject to an option granted in any given year to a particular Region Manager, Committee shall consider whether (a) pretax profits in Region Manager's territory have increased over prior year, (b) cash received by corporation from Region Manager's territory has increased over prior year, (c) percentage of claim dollars to revenues in Region Manager's territory has decreased over prior year, (d) delinquencies have decreased or maintained at zero level from prior year, (e) market share has increased in Region Manager's territory over prior year, (f) Region Manager has made efforts to expand territory through expansion of markets and/or sale of new products, (g) Region Manager's territory complies with corporation policy relating to agency visits, audits, automation, training, and benefit participation, and (h) Region Manager incorporates corporation's goals and strategies into goals for his territory The Sacramento California Stock Option Plan of Stewart Information Services Corp. is a unique compensation program specifically designed for the Region Managers of the company operating in Sacramento, California. This comprehensive stock option plan provides an excellent opportunity for these managers to enhance their financial stability and future growth by investing in Stewart Information Services Corporation. Under the Sacramento California Stock Option Plan, Region Managers are granted the right to purchase company stocks at a predetermined price within a specified timeframe. This allows them to acquire a certain number of shares directly from the company, providing a sense of ownership and aligning their interests with the long-term success of Stewart Information Services Corp. The stock options can be exercised after a vesting period, which ensures that managers are committed to the company's growth over the long term. By offering this incentive, Stewart Information Services Corp. motivates and rewards its Region Managers for their exceptional performance, dedication, and commitment to achieving the company's objectives. The plan offers a range of benefits and potential rewards for region managers who participate. These benefits may include portfolio diversification, potential tax advantages, and the opportunity to benefit from the company's overall success and stock market performance. Moreover, the plan provides an excellent incentive for talented professionals to join and remain with Stewart Information Services Corp., fostering an environment of loyalty and attracting top talent. Stewart Information Services Corp. may offer different types of stock option plans within the Sacramento California region, tailored to suit the specific needs and objectives of the region managers. These variations in stock option plans may include different vesting periods, exercise price structures, and eligibility criteria, depending on the manager's performance level and tenure within the company. Overall, the Sacramento California Stock Option Plan of Stewart Information Services Corp. enables region managers in Sacramento to become part-owners of the company and enjoy the potential benefits of shareholder value appreciation. By offering this unique compensation program, Stewart Information Services Corp. emphasizes its commitment to recognizing and rewarding the exceptional contributions of its region managers while encouraging their long-term commitment to the company's growth and success.

The Sacramento California Stock Option Plan of Stewart Information Services Corp. is a unique compensation program specifically designed for the Region Managers of the company operating in Sacramento, California. This comprehensive stock option plan provides an excellent opportunity for these managers to enhance their financial stability and future growth by investing in Stewart Information Services Corporation. Under the Sacramento California Stock Option Plan, Region Managers are granted the right to purchase company stocks at a predetermined price within a specified timeframe. This allows them to acquire a certain number of shares directly from the company, providing a sense of ownership and aligning their interests with the long-term success of Stewart Information Services Corp. The stock options can be exercised after a vesting period, which ensures that managers are committed to the company's growth over the long term. By offering this incentive, Stewart Information Services Corp. motivates and rewards its Region Managers for their exceptional performance, dedication, and commitment to achieving the company's objectives. The plan offers a range of benefits and potential rewards for region managers who participate. These benefits may include portfolio diversification, potential tax advantages, and the opportunity to benefit from the company's overall success and stock market performance. Moreover, the plan provides an excellent incentive for talented professionals to join and remain with Stewart Information Services Corp., fostering an environment of loyalty and attracting top talent. Stewart Information Services Corp. may offer different types of stock option plans within the Sacramento California region, tailored to suit the specific needs and objectives of the region managers. These variations in stock option plans may include different vesting periods, exercise price structures, and eligibility criteria, depending on the manager's performance level and tenure within the company. Overall, the Sacramento California Stock Option Plan of Stewart Information Services Corp. enables region managers in Sacramento to become part-owners of the company and enjoy the potential benefits of shareholder value appreciation. By offering this unique compensation program, Stewart Information Services Corp. emphasizes its commitment to recognizing and rewarding the exceptional contributions of its region managers while encouraging their long-term commitment to the company's growth and success.