Examples of Stock Bonus Plan in a sentence
Before these shares are to be issued, the Recipient must deliver to the Committee that administers the Stock Bonus Plan an agreement in duplicate, in the form as Exhibit B hereto.
The Management Stock Bonus Plan Committee, composed of not less than three members, administers the Plan.
Aggregate bonuses may not exceed ten percent of income before taxes and bonuses may not exceed $1 million per employee.Management Stock Bonus PlanOur Management Stock Bonus Plan provides that the Company shall establish a reserve of shares of Common Stock to be awarded to eligible salaried officers and directors.
Our Management Stock Bonus Plan provides that the Company shall establish a reserve of shares of Common Stock to be awarded to eligible salaried officers and directors.
However, the stock bonus award that is the subject of this Agreement may not in any way be restricted or limited by any Stock Bonus Plan amendment or termination approved after the date of the award without Holder's written consent.