How to use and design cash value life insurance
plans as an incentive to help attract and retain key employees.
Another advantage for the business owner or company is that if the employer desires to use the Executive Bonus
Plan as an incentive, the employee's access to the policy's cash value can be restricted until a predetermined date.
Not exact matches
She declined to name the product, or the companies involved in the deal, but says the station
plans to use the goods for listener giveaways
as well
as for in - house sales
incentives.
As I look back, I realize I probably could have improved our various
incentive plans in one way or another — and we tried more than I've outlined here.
The other is to keep the basic
plan intact but add
incentives as needed to keep salespeople in the money.
Jerry McAdams, author of The Reward
Plan Advantage, suggests that you focus
as much on explaining your
incentive - pay system
as you do on designing it.
Trump's
plan seeks to revamp how projects are approved and funded by reducing permitting time to two years and allocating $ 200 billion over 10 years — mostly
as incentives to spur states, localities and the private sector to spend at least $ 1.3 trillion.
Ford Motor said on Wednesday it
plans to cut 1,400 salaried jobs in North America and Asia through voluntary early retirement and other financial
incentives as the No. 2 U.S. automaker looks to boost its sagging stock price.
Now that the
plan has gone bigger — with 3,000 Indiana jobs by 2023 — the overall financial
incentives from the state are expected to be worth
as much
as nearly $ 34,000 per worker hired.
As an
incentive to students to turn over their essays, Lysinger says the group
plans to donate a significant portion of its profits to charities related to students with non-traditional backgrounds.
As the rationale (or rationalization, if you ask me) of the tax bill was to support more hiring and capital investment to grow the economy, the GOP tax cut
plan provided
incentives to pass - throughs.
Macy's is also introducing an
incentive plan for store workers
as part of its 2018
plan.
As far as Clinton's proposal goes, she'd give companies an expense incentive to set up a profit - sharing plan by offering a tax break of 15 percent on gains shared with employees, capped at 10 percent of a worker's salar
As far
as Clinton's proposal goes, she'd give companies an expense incentive to set up a profit - sharing plan by offering a tax break of 15 percent on gains shared with employees, capped at 10 percent of a worker's salar
as Clinton's proposal goes, she'd give companies an expense
incentive to set up a profit - sharing
plan by offering a tax break of 15 percent on gains shared with employees, capped at 10 percent of a worker's salary.
Except
as expressly provided in the
Plan, no issuance by Google of shares of stock of any class, or securities convertible into shares of stock of any class, shall affect, and no adjustment by reason thereof shall be made with respect to, the number of shares or amount of other property subject to, or the terms related to, any
Incentive Award.
As of July 28, 2012, the vested participant balance in the Long - term
Incentive Plan aggregated $ 11.8 million.
As of April 27, 2013, the vested participant balance in the Long - term
Incentive Plan aggregated $ 10.8 million.
The
Plan permits grants of the following types of
incentive awards subject to such terms and conditions
as the Leadership Development and Compensation Committee shall determine, consistent with the terms of the
Plan: (1) stock options, including stock options intended to qualify
as ISOs, (2) other stock - based awards, including in the form of stock appreciation rights, phantom stock, restricted stock, restricted stock units, performance shares, deferred share units or share - denominated performance units, and (3) cash awards.
Except
as expressly provided in the
Plan, no issuance by Alphabet of shares of stock of any class, or securities convertible into shares of stock of any class, shall affect, and no adjustment by reason thereof shall be made with respect to, the number of shares or amount of other property subject to, or the terms related to, any
Incentive Award.
Our equity
incentive plan will allow for the grant of other forms of equity
incentives in addition to stock options, such
as grants of restricted stock, restricted stock units and stock appreciation rights.
Elimination of current employer drug
plan costs
as well
as tax
incentives to provide same.
The Compensation Committee, consisting entirely of independent directors, is responsible for Apple's compensation and
incentive plans and programs, approves all compensation for Apple's executive officers, and acts
as the administrative committee for Apple's employee equity
plans.
Consists of shares of Class C capital stock to be issued upon exercise of outstanding stock options and vesting of outstanding GSUs that were distributed
as a dividend to the issued and outstanding Class A stock options and GSUs in April 2014 in connection with the Stock Split under the following
plans which have been assumed by us in connection with certain of our acquisition transactions: the 2005 Stock
Incentive Plan assumed by us in connection with our acquisition of DoubleClick Inc. in March 2008; the 2006 Stock
Plan assumed by us in connection with our acquisition of AdMob, Inc. in May 2010; and the Motorola Mobility Holdings, Inc. 2011
Incentive Compensation
Plan assumed by us in connection with our acquisition of Motorola Mobility Holdings, Inc. in May 2012.
We generally do not enter into severance arrangements with our named executive officers, and none of the equity awards granted to the named executive officers under Apple's equity
incentive plans provide for acceleration in connection with a change in control or a termination of employment, other than
as noted below or in connection with death or disability.
While the market is interpreting the tax
plan as a steepener for the Treasury curve, fundamentally, it should be positive for the credit securities because of the anticipated higher after - tax earnings and supply constraints due to a reduced
incentive to leverage.
Other than periodic
incentive plans that were historically provided to Mr. McNeill based on the achievement of specific customer - related metrics, including as set forth under the «Non-Equity Incentive Plan Compensation» column in «Executive Compensation — Summary Compensation Table» below, we do not currently have or have planned any specific arrangements with our named executive officers providing for cash - based bonu
incentive plans that were historically provided to Mr. McNeill based on the achievement of specific customer - related metrics, including
as set forth under the «Non-Equity
Incentive Plan Compensation» column in «Executive Compensation — Summary Compensation Table» below, we do not currently have or have planned any specific arrangements with our named executive officers providing for cash - based bonu
Incentive Plan Compensation» column in «Executive Compensation — Summary Compensation Table» below, we do not currently have or have
planned any specific arrangements with our named executive officers providing for cash - based bonus awards.
As the former head of our sales and service organizations, Mr. McNeill participated in periodic
incentive plans based on specific customer - related metrics.
The Compensation Committee also considered that the annual cash
incentive plan already incentivizes performance on three key Company - specific financial measures, and the importance of emphasizing holistic Company performance,
as opposed to an isolated metric; the importance of setting a sufficiently difficult target for maximum payout; the benefit of a large and objectively determined performance comparator group; and the overarching goal of an
incentive clearly and directly aligned with stockholder interests.
«Total CEO realized compensation» for a given year is defined
as (i) Mr. Musk's salary, cash bonuses, non-equity
incentive plan compensation and all other compensation
as reported in «Executive Compensation — Summary Compensation Table» below, plus (ii) with respect to any stock option exercised by Mr. Musk in such year in connection with which shares of stock were also sold other than to satisfy the resulting tax liability, if any, the difference between the market price of Tesla common stock at the time of exercise on the exercise date and the exercise price of the option, plus (iii) with respect to any restricted stock unit vested by Mr. Musk in such year in connection with which shares of stock were also sold other than automatic sales to satisfy the Company's withholding obligations related to the vesting of such restricted stock unit, if any, the market price of Tesla common stock at the time of vesting, plus (iv) any cash actually received by Mr. Musk in respect of any shares sold to cover tax liabilities
as described in (ii) and (iii) above, following the payment of such amounts.
As described under «Item 4 — Approve the Amended and Restated Long - Term
Incentive Compensation
Plan» on page 88 of this proxy statement, the Board is proposing to amend the LTICP to permit grants of equity awards to non-employee directors.
In August 2012, to create
incentives for continued long - term success from the then - recently launched Model S program
as well
as from Tesla's then -
planned Model X and Model 3 programs, and to further align executive compensation with increases in stockholder value, the Board granted to Mr. Musk a stock option award to purchase 5,274,901 shares of Tesla's common stock (the «2012 CEO Performance Award»), representing 5 % of Tesla's total issued and outstanding shares at the time of grant.
In connection with the filing of its preliminary proxy materials, Wells Fargo also filed with the Commission
as supplemental information a copy of Wells Fargo's Long - Term
Incentive Compensation
Plan (the LTICP),
as proposed to be amended at the 2009 annual meeting pursuant to Instruction 3 to Item 10 (c) of Schedule 14A.
The following table provides information on awards granted under the PfR
Plan for fiscal 2010 and awards of PRUs and awards of restricted stock units («RSUs») granted
as part of fiscal 2010 long - term
incentive compensation:
As an
incentive for the development, West Des Moines
plans to help pay for the infrastructure Project Osmium needs.
Our compensation committee adopted an Executive
Incentive Compensation
Plan, which we refer to
as our Bonus
Plan.
The following benefits are not subject to the HP Severance Policy, either because they have been previously earned or accrued by the employee or because they are consistent with Company Practices: (i) compensation and benefits earned, accrued, deferred or otherwise provided for employment services rendered on or prior to the date of termination of employment pursuant to bonus, retirement, deferred compensation or other benefit
plans, e.g., 401 (k)
plan distributions, payments pursuant to retirement
plans, distributions under deferred compensation
plans or payments for accrued benefits such
as unused vacation days, and any amounts earned with respect to such compensation and benefits in accordance with the terms of the applicable
plan; (ii) payments of prorated portions of bonuses or prorated long - term
incentive payments that are consistent with Company Practices; (iii) acceleration of the vesting of stock options, stock appreciation rights, restricted stock, restricted stock units or long - term cash
incentives that is consistent with Company Practices; (iv) payments or benefits required to be provided by law; and (v) benefits and perquisites provided in accordance with the terms of any benefit
plan, program or arrangement sponsored by HP or its affiliates that are consistent with Company Practices.
The affirmative vote of the holders of a majority of the Shares present in person or represented by proxy at the meeting and entitled to vote on the proposal at issue is required for: (i) the ratification of the appointment of E&Y
as Walmart's independent accountants for fiscal 2014; (ii) the adoption of a non-binding advisory resolution to approve the compensation of the company's NEOs; (iii) the approval of the Management
Incentive Plan,
as amended; and (iv) the adoption of each of the shareholder proposals.
For purposes of our 2015
incentive plans, «global eCommerce gross merchandise value» or «global eCommerce GMV» is defined
as the total sales value of merchandise sold or transacted where the transaction originates online, excluding the sale of gift cards.
Management
Incentive Plan,
as amended; and (iv) each of the shareholder proposals described in this proxy statement are not matters on which a broker may vote without your instructions.
Awards granted under the
Plan may be Nonstatutory Stock Options (NSOs),
Incentive Stock Options (ISOs), Stock Appreciation Rights (SARs), Restricted Stock, or Restricted Stock Units (RSUs),
as determined by the Administrator at the time of grant.
Unless you indicate otherwise, the persons named
as proxies on the proxy card will vote your Shares: FOR the election of each of the nominees for director named in this proxy statement; FOR the ratification of E&Y
as Walmart's independent accountants for fiscal 2014; FOR the non-binding advisory resolution to approve the compensation of the company's NEOs; FOR the approval of the Management
Incentive Plan,
as amended; and AGAINST each of the shareholder proposals appearing in this proxy statement.
As described beginning on page 20 of this proxy statement, the employment agreements generally define the executive's position, specify a minimum base salary, and provide for participation in our annual and long - term incentive plans, as well as other benefit
As described beginning on page 20 of this proxy statement, the employment agreements generally define the executive's position, specify a minimum base salary, and provide for participation in our annual and long - term
incentive plans,
as well as other benefit
as well
as other benefit
as other benefits.
If we terminate Mr. Drexler's employment without cause or he terminates his employment with good reason, Mr. Drexler will be entitled to receive (i) a payment of his earned but unpaid annual base salary through the termination date, any accrued vacation pay and any un-reimbursed expenses, and (ii) subject to Mr. Drexler's execution of a valid general release and waiver of claims against us,
as well
as his compliance with the non-competition, non-solicitation and confidential information restrictions described below, (a) a payment equal to his annual base salary and target cash
incentive award, one - half of such payment to be paid on the first business day that is six (6) months and one (1) day following the termination date and the remaining one - half of such payment to be paid in six equal monthly installments commencing on the first business day of the seventh calendar month following the termination date, (b) a payment equal to the product of (x) the last annual cash incentive award Mr. Drexler received prior to the termination date and (y) a fraction, the numerator of which is the number of days of service completed by Mr. Drexler in the year of termination and the denominator of which is 365, such amount to be paid on the first business day that is six (6) months and one (1) day following the termination date, and (c) the immediate vesting of such portion of unvested restricted shares and stock options as provided and pursuant to the terms of the relevant grant agreements under our 2003 Equity Incent
incentive award, one - half of such payment to be paid on the first business day that is six (6) months and one (1) day following the termination date and the remaining one - half of such payment to be paid in six equal monthly installments commencing on the first business day of the seventh calendar month following the termination date, (b) a payment equal to the product of (x) the last annual cash
incentive award Mr. Drexler received prior to the termination date and (y) a fraction, the numerator of which is the number of days of service completed by Mr. Drexler in the year of termination and the denominator of which is 365, such amount to be paid on the first business day that is six (6) months and one (1) day following the termination date, and (c) the immediate vesting of such portion of unvested restricted shares and stock options as provided and pursuant to the terms of the relevant grant agreements under our 2003 Equity Incent
incentive award Mr. Drexler received prior to the termination date and (y) a fraction, the numerator of which is the number of days of service completed by Mr. Drexler in the year of termination and the denominator of which is 365, such amount to be paid on the first business day that is six (6) months and one (1) day following the termination date, and (c) the immediate vesting of such portion of unvested restricted shares and stock options
as provided and pursuant to the terms of the relevant grant agreements under our 2003 Equity
IncentiveIncentive Plan.
For purposes of our fiscal 2015
incentive plans, «global eCommerce operating income» is defined
as the allocated portion of the operating income or loss from our operating segments attributable to walmart.
While options and stock appreciation rights are not currently being granted under the Stock
Incentive Plan, the 2015 Stock Incentive Plan allows the committee to grant both non-qualified and incentive stock options, as well as stock appreciatio
Incentive Plan, the 2015 Stock
Incentive Plan allows the committee to grant both non-qualified and incentive stock options, as well as stock appreciatio
Incentive Plan allows the committee to grant both non-qualified and
incentive stock options, as well as stock appreciatio
incentive stock options,
as well
as stock appreciation rights.
As noted above, our operating income performance during fiscal 2013 was good, particularly for our Walmart U.S. and Sam's Club divisions, which each exceeded the operating income goals established by the CNGC under our cash
incentive plan.
The proposed 2015 Stock
Incentive Plan would amend, restate and rename the 2010 Stock
Incentive Plan and would include additional criteria by which performance - based awards of cash or stock may be measured, and would otherwise amend the 2010 Stock
Incentive Plan as described below.
Except
as expressly provided in the
Plan, no issuance by J. Crew Group, Inc. of shares of stock of any class, or securities convertible into shares of stock of any class, shall affect, and no adjustment by reason thereof shall be made with respect to, the number of shares or amount of other property subject to, or the terms related to, any
Incentive Award.
The Board proposes that the shareholders approve Walmart's Management
Incentive Plan, as that plan was recently amended (the «Amended MIP&raqu
Plan,
as that
plan was recently amended (the «Amended MIP&raqu
plan was recently amended (the «Amended MIP»).
As of March 31, 2015, options to purchase 1,353,659 Shares were outstanding under the 2010 Stock
Incentive Plan and predecessor
plans, with an average exercise price of $ 47.87 per Share, all of which expire no later than April 1, 2024.
At any meeting at which a quorum has been established, the affirmative vote of the holders of a majority of the Shares present in person or represented by proxy at the meeting and entitled to vote on the proposal at issue is required for: (i) the ratification of the appointment of EY
as Walmart's independent accountants for fiscal 2016; (ii) the adoption of a non-binding advisory resolution to approve the compensation of the company's NEOs; (iii) the approval of the Stock
Incentive Plan of 2015; and (iv) the adoption of each of the shareholder proposals.