Plan Scope definition

Plan Scope. To fully align the interest of management, directors and shareholders in creating value in the Company. Management would be granted ownership rights in a pool of securities and options that would only increase in value if management successfully increases the market value of the Company. The structure and number of shares in the initial securities pool is to be determined. Plan Term: 10 years Option Price: To be determined based on 100% of the per share value established by a new valuation. Vesting: 10% of the total shares awarded will vest upon the hire of the employee or the adoption of the Plan. The remaining shares will vest within ten years of hire based on a schedule to be determined. Vesting will be tied to earnings performance, balance sheet growth, asset quality, and the composite rating assigned by the bank's regulatory authorities. Shares that do not vest in one period may vest in subsequent periods so long as the requirements for vesting in subsequent periods are attained.
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Examples of Plan Scope in a sentence

  • Purchaser shall perform, at a minimum, all actions necessary to implement the Removal Work Plan Scope set forth in Appendix 4.

  • The Employee's share of the "pool" as defined in the Plan Scope of Exhibit B shall be twenty percent (20%).

  • The Employee's share of the "pool" as defined in the Plan Scope of Exhibit B shall be twenty percent (25%).

  • The Project Management Plan shall include the following plans: System Development Lifecycle (SDLC) Project Management Plan Communication and Change Management Plan Configuration Management Plan Quality Management Plan Issue Management Plan Scope Management Plan Risk Management plan Transition Management Plan Change Control Management Plan User Training Plan Test Plan Master Test Plan Manage issues, risks and communications in line with the associated plans.

  • The CONSULTANT shall attend meetings associated with the following tasks, and any additional meetings deemed reasonable and needed to complete the PROJECT, as outlined in Attachment A, Comprehensive Plan Scope of Services.

  • Project Plan Scope Our project plan scope includes: • Project team set-up • Project control • Risk and impact analysis • Data gathering • Set-up/configuration • Recruitment/staffing • Testing systems/processes • Marketing/communication • Training/workshops/roadshows Implementation Plan We enclose Implementation Plans, Risks and Mitigation Log and Communications Proposal as appendix 2.

  • Within 30 days after City of Bozeman Site Plan Approval, in accordance with Paragraph 35 (Submission of Deliverables), Purchaser shall submit to EPA for review and approval a draft work plan for performing the removal action (the “Removal Work Plan”) generally described in Paragraph 33 above and in the Removal Work Plan Scope set forth in Appendix 4.

  • The Contractor shall refer to SCRRA’s Site Specific Work Plan Scope of SSWP (Exhibit A) prior to submitting SSWP.

  • Northwest Louisiana Safe Streets and Roads for All Regional Action Plan Scope of Services • Crash memorandum identifying crash trends by parish, hotspots, high-injury network, and detailed review of crashes at top locations in each parish and across the region.

  • The County Project Manager, or his/her designee, shall be the principal officer of the County for liaison with the Vendor, and shall review and give approval to the details of the Services as they are performed, in particular, but not exhaustively, Project Plan, Scope of Work, Acceptance Plans, Statements of Completion, Change Order Requests as they may be required during project implementation.