WFBC » Topics » AWARDS, NUMBER OF SHARES, ETC.

This excerpt taken from the WFBC 8-K filed Oct 29, 2007.

AWARDS, NUMBER OF SHARES, ETC.

 

The Board or the Committee shall, in its discretion, determine from time to time which Employees and Non-Employee Directors will be granted Awards under the Plan, the number of shares of Common Stock subject to each Award, whether each Option will be an Incentive Stock Option or a Non-Qualified Option (in the case of Employees) and the exercise price of an Option. In making all such determinations there shall be taken into account the duties, responsibilities and performance of each respective Employee and Non-Employee Director, his present and potential contributions to the growth and success of the Corporation, his salary and such other factors deemed relevant to accomplishing the purposes of the Plan.

 

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"AWARDS, NUMBER OF SHARES, ETC." elsewhere:

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