Perpetuation Stock Incentive Plan A Perpetuation Stock Incentive Plan is a plan that could put an independent insurance agency on the right track.
The plan is a checklist for ownership criteria, a mechanism to mold shareholder attributes, a process for producers to acquire stock, and a vesting schedule to glue producers to the agency.
The example plan, below, assumes that an agency provides a stock bonus, subject to five-year vesting, equivalent to 30 percent of the value attributable to growth in a producers book of business above a 15 percent net growth goal.
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