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Flexible purpose corporation. A flexible purpose corporation is a class of corporation in California lacking a profit motive when pursuing a social benefit defined in its charter. [citation needed] A flexible purpose corporation differs from a Benefit corporation in that it targets for-profit entities seeking traditional capital market investment.
Benefit Corporations. In 2019, the Committee added a new chapter 17 on benefit corporations, which allows shareholders to opt into a legal structure that expressly expands the purpose of the corporation beyond acting primarily in the financial interests of the shareholders. Virtual Shareholders’ Meetings Solely by Remote Participation. In ...
An employee trust is a trust for the benefit of employees. The employees that an employee trust benefits are usually defined by reference to employment by a particular company (or group of companies). In addition to employees, the beneficiaries may, under the terms of the trust, include some or all of former employees (of the relevant company ...
Health and welfare trust. A Health and welfare trust (HAWT) or Health and welfare plan (HAWP) is a tax-free vehicle for financing a corporation's healthcare costs for their employees. They were introduced in 1986 by Canada Revenue Agency (CRA) in their interpretation bulletin entitled IT-85R2. [1] Many companies offer this product to Canadian ...
A limited liability company ( LLC) is the United States -specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. [1] An LLC is not a corporation under the laws of every state; it is a legal form of a ...
A. Accidental death and dismemberment insurance. Adoption-Friendly Workplace. American College of Employee Benefit Counsel. Annual enrollment.
Amazon.com, Inc., doing business as Amazon (/ ˈ æ m ə z ɒ n /, AM-ə-zon; UK also / ˈ æ m ə z ə n /, AM-ə-zən), is an American multinational technology company, engaged in e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence.
McDonald's employees and the employees of participating independent franchises offer employee benefits to improve English language skills, earn a high school diploma, work toward a college degree, and get counseling about education and career plans. The corporation has spent more than $100 million on the program over the past four years.