The Nassau New York Restricted Stock Bonus Plan is a compensation program offered by McDonald and Company Investments, Inc. This plan specifically focuses on providing additional benefits to employees in the form of restricted stock bonuses. Restricted stock refers to company shares that are given to employees, but with certain restrictions on their sale or transfer until certain conditions are met. The Nassau New York Restricted Stock Bonus Plan of McDonald and Company Investments, Inc. is designed to incentivize and reward employees for their contribution to the company's success. The plan aims to align the interests of the employees with those of the company, as they have a vested interest in the stock's performance. Under this plan, employees are given a specific number of restricted stock units (RSS) as a bonus. RSS is similar to stock options, but without an exercise price. The number of RSS allocated is typically based on the employee's performance, position within the company, and other factors outlined in the plan. One of the key features of the Nassau New York Restricted Stock Bonus Plan is the vesting period. During this period, the RSS are subject to restrictions and cannot be sold or transferred. However, once the vesting period expires, employees gain full ownership of the stocks and have the flexibility to sell or transfer them at their discretion. It is important to note that the Nassau New York Restricted Stock Bonus Plan may offer different variations or options based on the employee's level, tenure, or other criteria. For instance, there may be specific plans for senior executives, mid-level employees, and newly hired staff. The Nassau New York Restricted Stock Bonus Plan aims to provide a long-term incentive for employees to remain committed to the success of McDonald and Company Investments, Inc. By offering a stake in the company's performance, employees are encouraged to contribute to its growth and profitability. The plan serves as a valuable tool for retaining and attracting talented individuals who are vital to the company's overall success. In summary, the Nassau New York Restricted Stock Bonus Plan of McDonald and Company Investments, Inc. is a compensation program that rewards employees with restricted stock units as a bonus. It aligns employee and company interests, encouraging long-term commitment and performance. Different variations of the plan may exist based on employee level or tenure within the company.