New Orleans Louisiana Executive Stock Incentive Plan of Octo Limited
State:
Multi-State
City:
New Orleans
Control #:
US-CC-20-225
Format:
Word;
Rich Text
Instant download
Description
20-225 20-225 . . . Stock Incentive Plan under which corporation makes contributions to Stock Plan (to an independent trustee) in form of cash and common stock. All cash received by Trust is used to purchase common stock of corporation, either from corporation or on open market. At end of each year, committee designates participants in Stock Plan and allocates among them contributions for such year in such proportions as committee determines. Each participant is credited with his share of income and charged with his share of expenses of Trust for each year
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