Computer-implemented process and mechanism for implementing an employee stock ownership plan
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United States of America Patent
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-
Sep 15, 2009
Grant Date -
Jun 24, 2004
app pub date -
May 23, 2003
filing date -
Mar 15, 1994
priority date (Note) -
Expired
status (Latency Note)
Importance
Abstract
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 said commercial entity, and transferring, under binding call options, an equity interest in said 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 enable said commercial entity to purchase said commodity.
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Family
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