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 San Antonio Texas Stock Option Plan of Stewart Information Services Corp. for Region Managers is a unique employee benefit program specifically designed for region managers based in San Antonio, Texas. This comprehensive plan offers eligible employees the opportunity to receive stock options as an additional form of compensation, incentivizing them to contribute to the growth and success of Stewart Information Services Corp. Region Managers play a crucial role in overseeing and managing operations within their designated regions, ensuring that the company's objectives are met while maintaining a high level of customer satisfaction. To reward their outstanding performance and dedication, Stewart Information Services Corp. provides them with stock options, enabling them to purchase company stock at a predetermined price within a specified timeframe. By participating in this stock option plan, region managers have the potential to benefit from the appreciation of Stewart Information Services Corp.'s stock value over time. This not only aligns their interests with the company's long-term success but also provides an opportunity for personal financial growth. The San Antonio Texas Stock Option Plan may include various types of options, such as: 1. Non-Qualified Stock Options (Nests): These options allow region managers to purchase company shares at a specific exercise price. Once exercised, the region manager can hold or sell the shares based on their personal financial goals and market conditions. 2. Incentive Stock Options (SOS): SOS are another type of stock option that carries certain tax advantages. Region managers who meet specific requirements may exercise SOS and potentially realize even greater tax benefits, depending on the holding period and other factors. 3. Performance Stock Options: This type of stock option is awarded based on predefined performance criteria. Region managers must meet or exceed the set targets to exercise their options. Performance stock options serve as an additional motivator for region managers to exceed expectations and drive exceptional results. It's important for region managers to familiarize themselves with the terms and conditions of the San Antonio Texas Stock Option Plan, including vesting periods, exercise prices, and any restrictions on selling the acquired shares. Additionally, consulting with a financial advisor can provide valuable guidance on leveraging these options for long-term financial planning. Overall, the San Antonio Texas Stock Option Plan of Stewart Information Services Corp. for Region Managers serves as a powerful tool to attract, retain, and reward top-performing region managers in San Antonio, fostering a strong sense of loyalty, commitment, and alignment with the company's success.
The San Antonio Texas Stock Option Plan of Stewart Information Services Corp. for Region Managers is a unique employee benefit program specifically designed for region managers based in San Antonio, Texas. This comprehensive plan offers eligible employees the opportunity to receive stock options as an additional form of compensation, incentivizing them to contribute to the growth and success of Stewart Information Services Corp. Region Managers play a crucial role in overseeing and managing operations within their designated regions, ensuring that the company's objectives are met while maintaining a high level of customer satisfaction. To reward their outstanding performance and dedication, Stewart Information Services Corp. provides them with stock options, enabling them to purchase company stock at a predetermined price within a specified timeframe. By participating in this stock option plan, region managers have the potential to benefit from the appreciation of Stewart Information Services Corp.'s stock value over time. This not only aligns their interests with the company's long-term success but also provides an opportunity for personal financial growth. The San Antonio Texas Stock Option Plan may include various types of options, such as: 1. Non-Qualified Stock Options (Nests): These options allow region managers to purchase company shares at a specific exercise price. Once exercised, the region manager can hold or sell the shares based on their personal financial goals and market conditions. 2. Incentive Stock Options (SOS): SOS are another type of stock option that carries certain tax advantages. Region managers who meet specific requirements may exercise SOS and potentially realize even greater tax benefits, depending on the holding period and other factors. 3. Performance Stock Options: This type of stock option is awarded based on predefined performance criteria. Region managers must meet or exceed the set targets to exercise their options. Performance stock options serve as an additional motivator for region managers to exceed expectations and drive exceptional results. It's important for region managers to familiarize themselves with the terms and conditions of the San Antonio Texas Stock Option Plan, including vesting periods, exercise prices, and any restrictions on selling the acquired shares. Additionally, consulting with a financial advisor can provide valuable guidance on leveraging these options for long-term financial planning. Overall, the San Antonio Texas Stock Option Plan of Stewart Information Services Corp. for Region Managers serves as a powerful tool to attract, retain, and reward top-performing region managers in San Antonio, fostering a strong sense of loyalty, commitment, and alignment with the company's success.