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LSDefine

Simple English definitions for legal terms

shadow stock plan

Read a random definition: judicial sequestration

A quick definition of shadow stock plan:

A shadow stock plan is when a company gives its employees pretend stocks that they can't actually sell or buy. It's like a game where the employees get to pretend they own part of the company, but they don't actually get any real money from it. A shakedown is when someone tries to get money from another person by threatening them with violence or arrest. A search is when the police look for evidence of a crime by looking at a person's things or body. Sometimes they need a warrant to do this, but sometimes they can do it without one if there's an emergency or if they're arresting someone. There are different types of searches, like a strip search where they look for hidden things on a person's body, or an inventory search where they look at everything a person has when they're arrested.

A more thorough explanation:

A type of employee compensation plan where employees receive hypothetical shares of company stock, but do not actually own the stock. The value of the shares is based on the performance of the company's actual stock.

Example: John works for XYZ Corporation and is part of their shadow stock plan. The plan gives him hypothetical shares of the company's stock, which will increase or decrease in value based on the performance of the actual stock. At the end of the year, John's hypothetical shares are worth $10,000, which he can then cash out or reinvest.

This example illustrates how a shadow stock plan works. Employees receive a form of compensation that is tied to the performance of the company's stock, but they do not actually own the stock.

shadow jury | shakedown search

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General

General chat about the legal profession.
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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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