Fulton Georgia Key Employees' Restricted Stock Purchase Plan (ESPN) is an employee benefit offered by Pulitzer Publishing Co., an esteemed company headquartered in Fulton, Georgia. This plan allows eligible key employees of the company to purchase restricted stock at a discounted price, providing them with an opportunity to acquire company shares and share in its growth. The Fulton Georgia Key Employees' Restricted Stock Purchase Plan for Pulitzer Publishing Co. aims to incentivize and retain talented key employees by offering them a means to become company stakeholders. This plan typically includes several features and benefits to ensure its effectiveness in driving employee engagement and aligning their interests with the company's long-term success. One of the primary attributes of the restricted stock purchase plan is the eligibility criteria. In this case, only key employees of Pulitzer Publishing Co. in Fulton, Georgia, meet the requirements to participate in the program. The plan primarily focuses on attracting and retaining employees who hold crucial positions within the company, and who have the potential to significantly impact its performance and growth. Once selected, eligible employees can join the program and purchase predetermined amounts of restricted company stock. The purchase is typically made at a discounted price, making it more affordable for employees to acquire these shares. This discount is seen as an additional benefit that adds value to the employee's compensation package, thus encouraging participation and long-term commitment. It's worth mentioning that the restricted stock purchased through this plan comes with certain limitations and conditions. These limitations often include a vesting period during which the stock remains non-transferable and subject to forfeiture if the employee's employment with Pulitzer Publishing Co. terminates. This vesting period serves as an incentive for employees to remain with the company, ensuring their continued dedication and contribution. Additionally, there might be different types or tiers of the Fulton Georgia Key Employees' Restricted Stock Purchase Plan for Pulitzer Publishing Co. These tiers could be based on various factors such as an employee's position within the company hierarchy, tenure, or performance. Different tiers may offer varying levels of stock purchase options, discounts, and vesting periods, allowing for a tailored approach to cater to employees' differing needs and contributions. Overall, the Fulton Georgia Key Employees' Restricted Stock Purchase Plan for Pulitzer Publishing Co. reinforces employee loyalty, aligns their interests with the company's success, and presents a unique opportunity to become shareholders. By providing key employees with ownership stakes and potential financial rewards, this plan serves as a significant incentive for continued dedication and commitment to the company's growth and prosperity.