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Equity Compensation 101
By Gary T. Moyer, April 11, 2000
Restricted Stock Purchase Plan
- Description: Company either gives or sells stock to the employee on the condition that the stock be returned to the Company for the amount, if any, paid by the employee if the employee’s employment terminates before a stated date. After that date, the stock can be sold for its fair market value (although the employee often is obligated to sell the vested stock back to the Company - at its fair market value - when he leaves the Company’s employ).
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