USA Retirement Plan for Outside Directors

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.