Set up a retirement plan for outside directors of a U.S. company with this downloadable and customizable template.
- The Plan provides the directors with retirement income through the redemption of a retiring Director's stock holdings.
- Outside Directors are compensated based on the performance of the company's Common Stock.
- Accrued income is payable when a director reaches a specified age.
- Performance Periods start on the first day of each fiscal year, beginning on the date that Performance Shares are granted to the director.
This Retirement Plan for Outside Directors
is a great incentive to help induce people not associated with the company to serve on its Board. Get a copy today and set up your own plan.