Philadelphia Pennsylvania Stock Purchase Assistance Plan of Gilbert Associates, Inc.

State:
Multi-State
County:
Philadelphia
Control #:
US-CC-23-106E
Format:
Word; 
Rich Text
Instant download

Description

23-106E 23-106E . . . Stock Purchase Assistance Plan under which Compensation Committee may extend loans to selected key executives for purpose of acquiring corporation stock, including exercise of employee stock options. All loans are full recourse loans, evidenced by a promissory note and secured by the shares purchased with loan proceeds and bear interest approximately equal to corporation's cost of borrowing
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Philadelphia Pennsylvania Stock Purchase Assistance Plan of Gilbert Associates, Inc.