Travis Texas Stock Option Plan of Stewart Information Services Corp. for Region Managers

State:
Multi-State
County:
Travis
Control #:
US-CC-18-365B
Format:
Word; 
Rich Text
Instant download

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 Travis Texas Stock Option Plan is a comprehensive compensation program offered by Stewart Information Services Corp. specifically designed for Region Managers. This plan allows Region Managers employed by Stewart to acquire company stocks at a discounted price, providing an opportunity to benefit from the company's future growth and success. Under the Travis Texas Stock Option Plan, Region Managers are granted stock options based on their performance, tenure, and contribution to the company. These stock options represent the right to purchase a certain number of shares at a predetermined price, known as the exercise price. These options typically have a vesting period, during which the Region Managers need to satisfy certain conditions, such as continued employment or meeting performance targets, in order to exercise their options and own the shares. The Travis Texas Stock Option Plan aims to align the interests of Stewart's Region Managers with those of the company's shareholders. By giving them a direct stake in the company's performance, this plan serves as a strong incentive for Region Managers to contribute to the growth and profitability of Stewart. It also helps to attract and retain top talent, as the stock options provide an additional financial incentive that is tied to long-term success. The Travis Texas Stock Option Plan offers two types of stock options for Region Managers: non-qualified stock options (Nests) and incentive stock options (SOS). Nests are more common and provide flexibility to the Region Managers in terms of taxation, allowing them to defer taxes until the shares are sold. SOS, on the other hand, have certain tax advantages but come with stricter restrictions, such as a limit on the number of shares that can be granted and a requirement to hold the shares for a specified period before selling. Region Managers who participate in the Travis Texas Stock Option Plan gain the opportunity to accumulate considerable wealth over time, depending on the performance of Stewart's stock. This program not only rewards their dedication and achievements but also fosters a sense of ownership and loyalty towards the company. By offering this comprehensive stock option plan to Region Managers, Stewart Information Services Corp. aims to create a mutually beneficial relationship between the managers and the company, ultimately driving the long-term success and prosperity of both.

The Travis Texas Stock Option Plan is a comprehensive compensation program offered by Stewart Information Services Corp. specifically designed for Region Managers. This plan allows Region Managers employed by Stewart to acquire company stocks at a discounted price, providing an opportunity to benefit from the company's future growth and success. Under the Travis Texas Stock Option Plan, Region Managers are granted stock options based on their performance, tenure, and contribution to the company. These stock options represent the right to purchase a certain number of shares at a predetermined price, known as the exercise price. These options typically have a vesting period, during which the Region Managers need to satisfy certain conditions, such as continued employment or meeting performance targets, in order to exercise their options and own the shares. The Travis Texas Stock Option Plan aims to align the interests of Stewart's Region Managers with those of the company's shareholders. By giving them a direct stake in the company's performance, this plan serves as a strong incentive for Region Managers to contribute to the growth and profitability of Stewart. It also helps to attract and retain top talent, as the stock options provide an additional financial incentive that is tied to long-term success. The Travis Texas Stock Option Plan offers two types of stock options for Region Managers: non-qualified stock options (Nests) and incentive stock options (SOS). Nests are more common and provide flexibility to the Region Managers in terms of taxation, allowing them to defer taxes until the shares are sold. SOS, on the other hand, have certain tax advantages but come with stricter restrictions, such as a limit on the number of shares that can be granted and a requirement to hold the shares for a specified period before selling. Region Managers who participate in the Travis Texas Stock Option Plan gain the opportunity to accumulate considerable wealth over time, depending on the performance of Stewart's stock. This program not only rewards their dedication and achievements but also fosters a sense of ownership and loyalty towards the company. By offering this comprehensive stock option plan to Region Managers, Stewart Information Services Corp. aims to create a mutually beneficial relationship between the managers and the company, ultimately driving the long-term success and prosperity of both.

Free preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview

How to fill out Travis Texas Stock Option Plan Of Stewart Information Services Corp. For Region Managers?

Are you looking to quickly create a legally-binding Travis Stock Option Plan of Stewart Information Services Corp. for Region Managers or probably any other document to take control of your personal or business affairs? You can go with two options: contact a professional to draft a valid paper for you or create it completely on your own. Luckily, there's an alternative option - US Legal Forms. It will help you receive professionally written legal papers without paying sky-high prices for legal services.

US Legal Forms offers a huge catalog of over 85,000 state-specific document templates, including Travis Stock Option Plan of Stewart Information Services Corp. for Region Managers and form packages. We offer templates for an array of life circumstances: from divorce paperwork to real estate documents. We've been out there for over 25 years and got a rock-solid reputation among our clients. Here's how you can become one of them and obtain the necessary template without extra hassles.

  • First and foremost, carefully verify if the Travis Stock Option Plan of Stewart Information Services Corp. for Region Managers is adapted to your state's or county's regulations.
  • In case the document has a desciption, make sure to verify what it's suitable for.
  • Start the searching process over if the document isn’t what you were seeking by utilizing the search bar in the header.
  • Select the subscription that best fits your needs and proceed to the payment.
  • Select the file format you would like to get your document in and download it.
  • Print it out, complete it, and sign on the dotted line.

If you've already set up an account, you can easily log in to it, locate the Travis Stock Option Plan of Stewart Information Services Corp. for Region Managers template, and download it. To re-download the form, just head to the My Forms tab.

It's easy to buy and download legal forms if you use our catalog. Additionally, the paperwork we offer are reviewed by law professionals, which gives you greater confidence when writing legal matters. Try US Legal Forms now and see for yourself!

Trusted and secure by over 3 million people of the world’s leading companies

Travis Texas Stock Option Plan of Stewart Information Services Corp. for Region Managers