Overview of our Proposed
Employee Profit Sharing Plan
In an effort to share our combined success we developed the Integrated Ventures Employee Profit Sharing Plan (EPSP). The EPSP will be funded with an ongoing fifteen percent (15%) share of quarterly pre-tax profits (adjusted annually), once cashflows and profits start. The EPSP pool will be shared with a growing group-wide employee base and paid quarterly as a performance bonus.
All Integrated Ventures and related support business employees will be awarded initial and monthly
credits we refer to as Stars. All employees or teammates receive a number of Stars when joining any of our companies, in values based on their position, plus earn 1 to 3 Stars monthly thereafter for each month of service, which accrue for as long as they remain with the company.
Each quarter the total outstanding Stars that have accrued to date are divided by the total gross EPSP contribution value to create a Star Value (SV). This SV is multiplied by the number of Stars the employee has accrued by the end of any given quarter, then paid to them as a bonus.
Stars accrue for as long as the employee remains employed, even when they move between them. The longer they remain, the larger their quarterly bonus amount will be, as we believe our profits will continue to grow as well. Stars are lost when leaving the group company or when terminated for just cause. More details will be available once fully developed.
Although not yet legally structured, our goal is to have the total Stars an employee has accrued to be also represent a future 1/1 equity share warrant, or the right to purchase a share of stock at an option value in our proposed future Direct Public Offering (DPO) of equity shares prior to going public. We expect to conduct this in early 2023.
As an example, an employee with 1,000 Stars would have a right to acquire 1,000 shares of stock at a 20% discount of the proposed pre-DPO share opening price in Integrated Ventures. No guarantee can be made that this benefit can in fact be offered, but our founder is determined to make it happen.
Note: In the event Integrated Ventures is sold this program may end or be modified. Likewise if any single business is sold and leaves the Integrated Ventures group, those employees may be removed from this program.