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50:50 15 $1,000,000 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 1 $100.

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Presentation on theme: "50:50 15 $1,000,000 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 1 $100."— Presentation transcript:

1 50:50 15 $1,000,000 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 1 $100

2 15 $1 Million 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 1 $100

3 When does a TPI associate become eligible to participate in the ESOP?
15 $1 Million 14 $500,000 13 $250,000 12 $125,000 When does a TPI associate become eligible to participate in the ESOP? 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 50:50 1 $100 A: Upon hire B: After five years C: After one year D: When ready to retire

4 15 $1 Million 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 1 $100

5 15 $1 Million 14 $500,000 13 $250,000 12 $125,000 The number of hours per year an associate must work to vest for that year. 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 50:50 1 $100 A: 500 B: 1,000 C: 1,500 D: 2,000

6 15 $1 Million 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 1 $100

7 The age an associate must be to participate in the ESOP.
15 $1 Million 14 $500,000 13 $250,000 12 $125,000 The age an associate must be to participate in the ESOP. 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 50:50 1 $100 A: 16 B: 18 C: 20 D: 21

8 15 $1 Million 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 1 $100

9 The number of years it takes to become 100% vested in the ESOP.
15 $1 Million 14 $500,000 13 $250,000 12 $125,000 The number of years it takes to become 100% vested in the ESOP. 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 50:50 1 $100 A: 1 B: 3 C: 5 D: 10

10 15 $1 Million 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 1 $100

11 What does ESOP stand for?
15 $1 Million 14 $500,000 13 $250,000 12 $125,000 What does ESOP stand for? 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 50:50 1 $100 A: Employee Stock Option Plan B: Employee Service Orientation Plan C: Economic System Of Pension D: Employee Stock Ownership Plan

12 You’ve Reached the $1,000 Milestone! Congratulations! Congratulations!

13 15 $1 Million 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 1 $100

14 The website that TPI associates can go to for ESOP information.
15 $1 Million 14 $500,000 13 $250,000 12 $125,000 The website that TPI associates can go to for ESOP information. 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 50:50 1 $100 A: B: C: D:

15 15 $1 Million 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 1 $100

16 Can an associate borrow against the value of their ESOP account?
15 $1 Million 14 $500,000 13 $250,000 12 $125,000 Can an associate borrow against the value of their ESOP account? 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 50:50 1 $100 A: No B: Yes, just like a 401-k C: Yes, only at age 65 D: Yes, if 100% vested

17 15 $1 Million 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 1 $100

18 15 $1 Million 14 $500,000 13 $250,000 12 $125,000 Which of the following does not allow a distribution from an associate’s ESOP account to take place? 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 50:50 1 $100 A: Retirement B: Death/Disability C: Leaving TPI after 100% vesting D: Personal economic crisis

19 15 $1 Million 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 1 $100

20 15 $1 Million 14 $500,000 13 $250,000 12 $125,000 The manner in which 100% vested funds are distributed from an associate’s ESOP account. 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 50:50 1 $100 A: 50% annually over 2 years B: 20% annually over 5 years C: 10% annually over 10 years D: In one lump sum

21 15 $1 Million 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 1 $100

22 15 $1 Million 14 $500,000 13 $250,000 12 $125,000 Do a server’s tips count as income when calculating ESOP shares each year? 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 50:50 1 $100 A: No B: Yes, at a 25% rate C: Yes, at a 50% rate D: Yes, at a 100% rate

23 You’ve Reached the $32,000 Milestone! Congratulations!

24 15 $1 Million 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 1 $100

25 What determines the ultimate value of every associate’s ESOP account?
15 $1 Million 14 $500,000 13 $250,000 12 $125,000 What determines the ultimate value of every associate’s ESOP account? 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 50:50 1 $100 A: Years of the associate’s tenure B: Hours worked by the associate C: The value of TPI Hospitality D: Wages earned by the associate

26 15 $1 Million 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 1 $100

27 Enter $125,000 Question 15 $1 Million 14 $500,000 13 $250,000 12
11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 50:50 1 $100 A: Answer 1 B: Answer 2 C: Answer 3 D: Answer 4

28 15 $1 Million 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 1 $100

29 Which of the following is not a benefit of TPI becoming an ESOP
15 $1 Million 14 $500,000 13 $250,000 12 $125,000 Which of the following is not a benefit of TPI becoming an ESOP 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 50:50 1 $100 A: Guaranteed success B: The ESOP pays no taxes C: TPI lives on perpetually D: Greater accountability and pride

30 15 $1 Million 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 1 $100

31 Enter $500,000 Question 15 $1 Million 14 $500,000 13 $250,000 12
$125,000 Enter $500,000 Question 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 50:50 1 $100 A: Answer 1 B: Answer 2 C: Answer 3 D: Answer 4

32 15 $1 Million 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 1 $100

33 Enter $1,000,000 Question 15 $1 Million 14 $500,000 13 $250,000 12
$125,000 Enter $1,000,000 Question 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 50:50 1 $100 A: Answer 1 B: Answer 2 C: Answer 3 D: Answer 4

34 YOU WIN $1 MILLION DOLLARS!


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