THE UNFUNDED REPLICATOR SHARE PLAN - OPERATION

Steps

1. The Plan Trustee makes an offer to selected employees nominated by Employer of Participation Rights.
2. The Plan Trustee issues Participation Rights to the Participating Employees.
3. The performance of the Participation Rights are based on the performance of the Employer.
4. Benefits are provided by the Plan Trustee redeeming the rights and the employer forwarding the distributions of cash salary upon redemption.