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.
Sample 1Sample 2Sample 3

Examples of Plan Scope in a sentence

  • B) 2050 Long Range Transportation Plan Scope DevelopmentPL Funding: $7,000FTA Funding: $3,000The CA-MPO will begin its five-year update of the 20-year Long Range Transportation Plan in FY23.

  • Cost 24 strand, multi-mode fiber run including termination, certification, and enclosure (Corning).

  • This Overall Work Plan Budget and associated Overall Work Plan Scope of Work will be incorporated into a revised funding commitment for the project.

  • Maryland Stadium Authority Alteration and Addition Construction & Pre-Occupancy Indoor Air Quality (IAQ) Management Plan Scope: The Maryland Stadium Authority (MSA) will implement this IAQ Management Plan prior to any alteration or addition to the building and space occupancy as specified for EQ Credit 1.5 of USGBC’s Green Building Operations and Maintenance 2009 edition.

  • Define Activities • Inputs: Management Plan, Scope Baseline, Enterprise Environmental Factors, and Organizational process assets.

  • Source: This section is summary of FEMA’s Local Multi-Hazard Mitigation Planning Guidance from July 10, 2008 (www.fema.gov/library/viewRecord.do?id=3336) and Sample Local Mitigation Plan Scope of Work for Mitigation Grant Application (www.fema.gov/library/viewRecord.do?id=1858).

  • Main Deliverables: Project Management Plan Scope identified in each task as applicable Traffic Study Scope for approval All Data Collection (Initial and Final) Existing Safety Analysis Existing and No Build Analysis Alternative Analysis Final Report Conceptual Cost Estimate The scope of services, compensation and contract time for Part 2 will be established by new Supplemental Agreement(s) or by new advertisement.

  • Review Of Public Works Facilities Master Plan Scope Of Work Time Specific 11 a.m. Documents: 1 L2 TM PW MASTER PLAN SCOPE SUMMARY.PDF1 L2 TM PW MASTER PLAN SCOPE.PDF3.

  • Given the PMP template provides boilerplate content for much of the subsidiary plans, the Standards only summarize expected subsidiary plan content below: ▪ Plan Scope Management – The PMP describes how the project’s scope will be defined, confirmed, and controlled.

  • These Terms, the Proposal, Project Plan, Scope of Service and Definition of Service contains the entire agreement between the parties with respect to their subject matter and supersede all previous written and oral agreements and understandings between the parties.

Related to Plan Scope

  • Plan 3 means the teachers' retirement system, plan 3

  • Plan Schedule means the key terms applicable to Plans as set, and as may be varied by Us, from time to time in its absolute discretion without notice to You;

  • Plan B means the 1997 Non-Statutory Stock Option Plan;

  • Templum ATS refers to the alternative trading system operated by Templum Markets LLC.

  • Target Population means persons with low incomes who have one or more disabilities, including mental illness, HIV or AIDS, substance abuse, or other chronic health condition, or individuals eligible for services provided pursuant to the Lanterman Developmental Disabilities Services Act (Division 4.5 (commencing with Section 4500) of the Welfare and Institutions Code) and may include, among other populations, adults, emancipated minors, families with children, elderly persons, young adults aging out of the foster care system, individuals exiting from institutional settings, veterans, and homeless people.

  • Program Plan means the tobacco settlement program plan dated February 14, 2001, including exhibits to the program plan, submitted by the authority to the legislative council and the executive council, to provide the state with a secure and stable source of funding for the purposes designated by section 12E.3A and other provisions of this chapter.

  • multiple sclerosis means an inflammatory, nervous system disease in which the myelin sheaths around the axons of nerve cells of the brain and spinal cord are damaged, leading to demyelination and affecting the ability of nerve cells in the brain and spinal cord to communicate with each other;

  • SIP means Session Initiation Protocol.

  • Service Plan means the Operating Plan and Budget appended as Schedules A and D2a of Schedule D;

  • HCD means the California Department of Housing and Community Development.

  • Plan Sponsor has the meaning given in ERISA Section 3(16)(B).

  • Plan A means the 1997 Incentive Stock Option Plan;

  • Separation Plan means the Company’s Separation Plan Amended and Restated Effective August 13, 2006, as may be amended from time to time or any successor plan, program, arrangement or agreement thereto.

  • Multiple employer welfare arrangement means a “multiple employer welfare arrangement” within the meaning of Section 3(40) of ERISA.

  • Program Participants means, for any CRP, the Centers (other than the Lead Center for such CRP) and any Partner receiving funding for activities under such CRP that are funded by the CGIAR Fund.

  • Plan 2 means the teachers' retirement system, plan 2

  • Performance Indicator means a measure of HSP performance for which a Performance Target is set; technical specifications of specific Performance Indicators can be found in the MSAA Indicator Technical Specifications document;

  • Company 401(k) Plan shall have the meaning set forth in Section 4.11(f).