Computer-implemented process and mechanism for implementing an employee stock ownership plan

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 6571219
SERIAL NO

09132008

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ATTORNEY / AGENT: (SPONSORED)

Importance

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Abstract

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A method for implementing an employee stock ownership plan by monitoring performance of an equity-issuing commercial entity purchasing a predetermined percentage of a commodity used by the commercial entity, and transferring, under binding call options, an equity interest in the commercial entity, computer-tracking at least one of contributions and deductible dividends in transit to the employee stock ownership plan; and monitoring securitized advances made by a commodity trust to the commercial entity to enables the commercial entity to purchase the commodity.

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Patent Owner(s)

Patent OwnerAddress
INTREPID HOLDING CORPORATION18 CEDAR RIDGE ROAD BROKEN ARROW OK 74012

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Spivey, Loehr H Broken Arrow, OK 2 38

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