The Hillsborough Florida Long Term Incentive Compensation Plan of A.M. Castle and Co. is a program implemented by the company to reward and retain its employees in the long run. This comprehensive plan consists of various types of incentives designed to motivate employees, enhance their productivity, and align their interests with the company's long-term growth objectives. One type of incentive within the Hillsborough Florida Long Term Incentive Compensation Plan is stock options. Stock options provide employees with the opportunity to purchase company stock at a predetermined price within a specified timeframe. This encourages employees to work towards increasing the company's stock value, as their own financial gain is directly linked to the company's success. Another type of incentive under this plan is restricted stock units (RSS). RSS are awards granted to employees that represent a certain number of shares of the company's stock. However, these shares are subject to a vesting period, during which employees cannot sell or transfer them. RSS is an effective way to ensure employee loyalty and commitment, as they are rewarded with actual ownership in the company over time. Performance-based cash bonuses are also a part of the Hillsborough Florida Long Term Incentive Compensation Plan. These bonuses are tied to specific performance goals and metrics determined by the company. By incentivizing employees to achieve these targets, the organization drives individual and collective efforts towards business growth and success. Additionally, the plan may include long-term incentive grants such as performance share units (Plus). Plus are similar to RSS as they represent a specific number of shares; however, their value is determined based on the company's performance against pre-established goals. This aligns the interests of employees with shareholders, fostering a sense of ownership and accountability. The Hillsborough Florida Long Term Incentive Compensation Plan of A.M. Castle and Co. aims to recognize and reward employees who consistently contribute to the company's long-term success. The plan is designed to attract and retain top talent by offering competitive incentives that align employee efforts with the strategic objectives of the organization. It fosters a culture of motivation, accountability, and shared success, resulting in a win-win situation for both the employees and the company.