Stock bonus plan

Stock bonus plan

A plan used as an incentive that rewards employee performance with stock in the company.

Stock Bonus Plan

A system whereby an employer shares its profits with employees, particularly (but not necessarily) middle and upper management, by awarding stock in the company. The stock bonuses are given instead of, or in addition to, cash.
References in periodicals archive ?
4 million mainly due to higher provisions for variable remuneration as well as costs in connection with the Stock Bonus Plan, which is linked to Deutsche BE[micro]rse s share price performance.
The Debentures have been issued in payment of cash advances by Hernandez and Thomson to the Company totalling US$1,568,423 which were used for cash payments (in lieu of issuing common stock from the Company's stock bonus plan which increase was not approved at our last Annual and Special Meeting of shareholders) totalling US $905,719 to workers at the Company's 100% owned Pimenton Gold/Copper mine in return for a four year labor contract, to fund capital expenditures on Pimenton and for working capital.
AN EMPLOYEE STOCK OWNERSHIP PLAN (ESOP) is a stock bonus plan or a combination of a stock bonus plan and money purchase pension plan.
Dillard's is urging approval of a stock bonus plan, a stock purchase plan and a nonemployee director restricted stock plan.
The annual deductible contribution limit to a profit-sharing or stock bonus plan will increase from 15 percent to 25 percent of that year's compensation for employees covered by the plan.
In a letter to stockholders, the board of directors said stockholders will also be asked to vote for a revision on the company's employee stock bonus plan, which will increase the maximum number of shares of common stock that can be given by the company as part of an employee's bonus.
NEW YORK -- Zamansky & Associates, LLC announces the filing today of a class action lawsuit under the Employee Retirement Income Security Act ("ERISA") on behalf of all employee and former employee participants in the Chesapeake Energy Corporation's Savings and Incentive Stock Bonus Plan ("Plan").
A profit-sharing plan or stock bonus plan will not fail to be qualified under Sec.
As the employer needs shares to fund welfare benefits or to make annual contributions to an ESOP or other profit-sharing or stock bonus plan, the trustee distributes the shares from the grantor trust to the health or qualified plan.
In addition, the employees of IPWireless have waived any continuing rights under the IPWireless Stock Bonus Plan established by NextWave.
16% Approve increase in 2004 Stock Option and Stock Bonus Plan 99.
6104 disclosure rules, forms, applications and papers submitted in support of such applications, as to the qualification of a pension, profit-sharing, or stock bonus plan under Sec.