VI ESOP Trivia
This is the number of years to be fully vested after becoming a participant in the plan.
What is 5 years?
This term is used to describe when an employee reaches the age 65.
What is normal retirement age?
Visual Interest has offices in this many cities.
What is 4?
Unlike 401ks, ESOPs do not require this from employees.
What are monetary contributions?
This term is used to describe the plan’s calculation of the portion of your account that you will receive when you terminate employment with VI.
What is vesting?
This is the name of the VI mascot in Denver.
Who is Taco?
You are eligible to participate in the ESOP on the first of these two dates after becoming an eligible employee.
What is January 1st or July 1st?
This is the process of determining the economic value of a company, done by a 3rd party company and is required annually.
What is valuation?
Visual Interest just celebrated this anniversary.
What is 15 years?
This is the percentage VI which is currently Employee Owned.
What is 30%?
The valuation of the company divided by the total number of shares gives us the companies…
What is share price?
This is the back-dated date when VI officially became an ESOP.
When is January 1st 2022?
This is the name of our Trustee.
Who is Samuel Hammer?
This term is used to describe distributions of profits made by a corporation to its shareholders.
What are dividends?
This is the name of the VI Newsletter in West Texas.
What is the Gator Gazette?