Mecklenburg North Carolina Executive Incentive Plan

State:
Multi-State
County:
Mecklenburg
Control #:
US-CC-20-270
Format:
Word; 
Rich Text
Instant download

Description

20-270 20-270 . . . Executive Incentive Plan under which corporation can award restricted stock and units. Restricted stock consists of common stock of corporation which contains restrictions on transfer and forfeiture in event of termination of employment prior to expiration of time period specified in grant. units are equivalent of corporation's book value per share and are issued and credited on corporation's books to employees on condition that said units must be resold to corporation. Corporation must purchase units at end of 5 year incentive period or upon termination of employment (whichever comes first) for amount equivalent to book value at that time plus dividends declared during incentive period and less book value on date of grant Mecklenburg North Carolina Executive Incentive Plan: Boosting Economic Growth and Business Development The Mecklenburg North Carolina Executive Incentive Plan is a strategic program designed to attract and retain top-notch executives and businesses in the region. With a focus on fostering economic growth and development, this plan offers a range of enticing incentives to incentivize high-profile companies and executives to choose Mecklenburg County as their preferred location for expansion or relocation. Keywords: Mecklenburg North Carolina, executive incentive plan, economic growth, business development, incentives, attract, retain, high-profile companies, expansion, relocation. 1. Corporate Development Incentive: Under the Mecklenburg North Carolina Executive Incentive Plan, this incentive aims to assist businesses in their expansion plans by offering tax breaks, grants, and other financial support. This facilitates companies in establishing or expanding their presence in Mecklenburg County, contributing to the overall economic growth of the region. 2. Talent Attraction and Retention Incentive: To attract and retain exceptional executive talent, this component of the plan offers various incentives such as relocation assistance, housing subsidies, educational opportunities, and quality of life enhancements. Mecklenburg County ensures that executives and their families have a conducive environment to thrive personally and professionally. 3. Technology and Innovation Incentive: As a hub of technological advancements and innovation, Mecklenburg County promotes cutting-edge technologies by offering research and development grants, access to specialized infrastructure, and collaboration opportunities with local universities and research institutions. This incentive aims to attract technology-driven businesses and foster innovation within the county. 4. Sustainable Development Incentive: Recognizing the importance of sustainable practices, this incentive encourages businesses to adopt eco-friendly and energy-efficient measures. Mecklenburg County offers tax incentives, grants, and technical support to companies implementing green initiatives or pursuing LEED certification. This plan aims to create a sustainable and environmentally conscious business community. 5. Small Business Enhancement Incentive: Acknowledging the significance of small businesses in driving local economies, the Mecklenburg North Carolina Executive Incentive Plan offers tailored support for small businesses. This includes access to training programs, low-interest loans, marketing assistance, and networking opportunities to help them thrive and contribute to the growth of Mecklenburg County. By implementing a comprehensive range of incentives, the Mecklenburg North Carolina Executive Incentive Plan ensures a dynamic and thriving business environment, attracting both established companies and emerging entrepreneurs. This plan signifies the county's commitment to fostering economic growth, promoting innovation, and creating a desirable location for businesses and executives seeking growth opportunities.

Mecklenburg North Carolina Executive Incentive Plan: Boosting Economic Growth and Business Development The Mecklenburg North Carolina Executive Incentive Plan is a strategic program designed to attract and retain top-notch executives and businesses in the region. With a focus on fostering economic growth and development, this plan offers a range of enticing incentives to incentivize high-profile companies and executives to choose Mecklenburg County as their preferred location for expansion or relocation. Keywords: Mecklenburg North Carolina, executive incentive plan, economic growth, business development, incentives, attract, retain, high-profile companies, expansion, relocation. 1. Corporate Development Incentive: Under the Mecklenburg North Carolina Executive Incentive Plan, this incentive aims to assist businesses in their expansion plans by offering tax breaks, grants, and other financial support. This facilitates companies in establishing or expanding their presence in Mecklenburg County, contributing to the overall economic growth of the region. 2. Talent Attraction and Retention Incentive: To attract and retain exceptional executive talent, this component of the plan offers various incentives such as relocation assistance, housing subsidies, educational opportunities, and quality of life enhancements. Mecklenburg County ensures that executives and their families have a conducive environment to thrive personally and professionally. 3. Technology and Innovation Incentive: As a hub of technological advancements and innovation, Mecklenburg County promotes cutting-edge technologies by offering research and development grants, access to specialized infrastructure, and collaboration opportunities with local universities and research institutions. This incentive aims to attract technology-driven businesses and foster innovation within the county. 4. Sustainable Development Incentive: Recognizing the importance of sustainable practices, this incentive encourages businesses to adopt eco-friendly and energy-efficient measures. Mecklenburg County offers tax incentives, grants, and technical support to companies implementing green initiatives or pursuing LEED certification. This plan aims to create a sustainable and environmentally conscious business community. 5. Small Business Enhancement Incentive: Acknowledging the significance of small businesses in driving local economies, the Mecklenburg North Carolina Executive Incentive Plan offers tailored support for small businesses. This includes access to training programs, low-interest loans, marketing assistance, and networking opportunities to help them thrive and contribute to the growth of Mecklenburg County. By implementing a comprehensive range of incentives, the Mecklenburg North Carolina Executive Incentive Plan ensures a dynamic and thriving business environment, attracting both established companies and emerging entrepreneurs. This plan signifies the county's commitment to fostering economic growth, promoting innovation, and creating a desirable location for businesses and executives seeking growth opportunities.

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Mecklenburg North Carolina Executive Incentive Plan