Overview of our Proposed
Employee Profit Sharing Plan
Our parent company APVG, in an effort to share our combined success has developed the APVG Employee Profit Sharing Plan (APSP). The APSP will be funded with an ongoing fifteen percent (15%) share of APVG's quarterly pre-tax profits (adjusted annually),which includes that from Integrated Ventures, until such time as it goes public. The APSP pool will be shared with a growing group-wide employee base and paid quarterly as a performance bonus.
All APVG business related employees will be awarded PSP points when joining any of its companies, in values based on their position. In addition, thereafter each employee will earn 1 to 3 points monthly, based on the position held for each month of service, which accrue for as long as they remain with the APVG company.
Each quarter the total outstanding PSP points that have accrued to date are divided by the total gross APSP contribution value to create a Point Value (PV). This PV is multiplied by the number of Points the employee has accrued by the end of any given quarter, then paid to them as a bonus.
Points accrue for as long as the employee remains with any APVG venture, even when they move
between the. The longer they remain, the larger their quarterly bonus amount will be, as our profits continue to grow. Points are lost when leaving the group company or when terminated for just cause. More details will be available once fully developed.
Although not yet deemed legal, our goal is to have the total points an employee has accrued also represent a future 1/1 equity share option value prior to going public. As an example, an employee with 8,000 PSP Points would have a right to acquire 8,000 shares of stock at the proposed DPO opening share price, less a 15% discount price. No guarantee can be made that benefit can in fact be offered at this stage, but our founder is determined to make it happen..