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SEC Filings

8-K/A
ACETO CORP filed this Form 8-K/A on 10/17/2017
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ACETO Corporation    
4 Tri Harbor Court    
Port Washington, NY 11050   Albert L. Eilender
Tel: (516) 478-9525   Chairman
Fax: (516) 478-9825    
www.aceto.com    

 

3.           Long Term Incentive Compensation. Management will recommend to the Compensation Committee of the Board (“Compensation Committee”) that you be granted the following award for Fiscal Year 2018 subject to the model, metrics, and vesting schedule applicable to all executives:

 

§60,000 Time-vested restricted stock awards
§35,000 Performance-vested restricted stock units

Future annual equity grants will be awarded, with due regard to your position, at such time as grants are generally made to other senior executives of the Company, the amount and term of such grants, if any, being at the sole discretion of the Board.

 

4.Benefits.

 

(a)Benefits. You will be eligible to participate in the benefit package available to Company executives upon satisfying eligibility conditions, including health insurance benefits, life insurance, 401(k) plan, Supplemental Executive Retirement Plan (SERP), and Flexible Spending Plan. Please refer to the benefit plan documents for eligibility.

 

(b)Paid Time Off. You will be entitled to four (4) weeks of vacation per year in accordance with the Company’s vacation policy, including as to usage and carryover. In addition, the Company currently provides eligible employees with ten (10) paid holidays, five (5) personal days, and ten (10) sick days per calendar year.

 

(c)Company Auto. You will be eligible for a company automobile which allows for a 24-39 month lease up to a maximum of $1,125.00 per month. Please refer to the Company Automobile Policy.

 

   
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