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Exhibit 1 to APPENDIX PROMISSORY NOTE Number of units subscribed: Purchase price per unit: total subscription price: 90% deferred payment: Principal balance:$$10,000 x$0.90 For value received, the

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What is ndsp subscription promissory note?

NDSP subscription promissory note is a legal document that outlines the terms and conditions of a subscription agreement to purchase shares in a non-qualified deferred compensation plan.

Who is required to file ndsp subscription promissory note?

Employees participating in a non-qualified deferred compensation plan are required to file the NDSP subscription promissory note.

How to fill out ndsp subscription promissory note?

To fill out the NDSP subscription promissory note, employees need to provide personal information, details of the subscription agreement, and signatures acknowledging the terms and conditions.

What is the purpose of ndsp subscription promissory note?

The purpose of the NDSP subscription promissory note is to document the agreement between the employee and the plan administrator regarding the purchase of shares in the deferred compensation plan.

What information must be reported on ndsp subscription promissory note?

The NDSP subscription promissory note must include the employee's personal information, details of the subscription agreement, the number of shares being purchased, the purchase price, and any other relevant terms and conditions.

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