profitsharing plans, but stock bonus plan benefits are distributable in employer stock.4 Stock bonus plans and ESOPs are subject to the same general qualification requirements as profit-sharing and other defined contribution plans, but there are several characteristics that distinguish them, as described in the following discussion.
(February 2013). The Albany Plan of Union was a proposal to create a unified government for the Thirteen Colonies, suggested by Benjamin Franklin, then a senior leader (age 45) and a delegate from Pennsylvania, at the Albany Congress in July 10, 1754 in Albany, New York.
Drafted by James Madison, and presented by Edmund Randolph to the Constitutional Convention on May 29, 1787, the Virginia Plan proposed a strong central government composed of three branches: legislative, executive, and judicial. On May 29, 1787, Virginia delegate Edmund Randolph proposed what became known as The Virginia Plan.. Written primarily by fellow Virginian James Madison, the plan traced the broad outlines of what would become the U.S. Constitution: a national government consisting of three branches with checks and balances to prevent the abuse of power.