Super QuikSuper Quik


[President] [ESOP]

Employee Stock-Option Program

Under the ESOP plan, Super Quik employees will earn stock in our company through what is essentially a retirement plan designed to invest in company stock. Employees earn stock based on their time with the company and their compensation level.

At the end of each year, they earn additional stock based on another year of service, and after five years of credited service they become fully vested in the plan.

All employees who work 500 hours or more in a year earn a stock contribution to their account and all employees who work 1,000 hours or more in a year earn a year of credited service.

All contributions to the plan are funded by the company and no cash contribution to the plan is made by the employee. Super Quik is one of only approximately 1,500 wholly employee owned companies in the United States.