Posted on Thursday, December 8th, 2011
Where a company wants to issue stock options to a large number of its employees, it will want to do so through an Employee Stock Option Plan. The Plan document will set out the general terms of the Plan, while the actual allotment of options to employees would be accomplished through individual Stock Option Agreements issued under the Plan
Posted on Friday, December 2nd, 2011
There’s an interesting Public Forum on Economic Inequality and Business scheduled for the Asper School at the University of Manitoba next week. It’s called “What Does “Occupy” Mean to Business and How Should Businesses Respond?”
Posted on Tuesday, August 30th, 2011
After a lengthy absence from the blogosphere, I’m back! I don’t want to over exert myself on my first post, so I’ll simply reproduce an article on lien waivers that I wrote earlier this year for the Manitoba Heavy Construction Association Newsletter. I’ll be back soon with a post on the Supreme Court of Canada’s [...]
Posted on Friday, May 28th, 2010
Newspapers have been full of stories about naming rights and sponsorships gone wrong. The Aquarium of the Pacific in Long Beach, California had to decide this week whether to proceed with the opening of the BP Sea Otter Habitat or return BP’s $1 million donation, following BP’s oil rig spill in the Gulf of Mexico. The Aquarium chose to proceed, but BP officials did not attend the opening. What happens in these circumstances, when the commitment already has been made? For example, can the owner who granted the naming rights simply, and unilaterally, unwind the agreement?
Posted on Friday, April 16th, 2010
Manitoba Bureau of Statistics has released highlights from the medium projection scenario for the Province of Manitoba for the period 2008 to 2041. Among other things, the Bureau is projecting that by 2020 Manitoba’s population is expected to total just over 1.4 million people, based on a projected average annual increase of 19,700 persons per year. Interestingly, there is good news to allay the fears many have had about Manitoba’s aging population. While older age groups (especially 64 to 74 year-olds) grow sharply over the next ten years (up 60%), children 14 years and younger will rise by 23%, and the median age in Manitoba in 2020 will be down marginally (3 basis points) at 37.5 years.
A full report detailing the findings can be purchased from Manitoba Bureau of Statisitics.