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.
The Virginia Plan (also known as the Randolph Plan, after its sponsor, or the Large-State Plan) was a proposal by Virginia delegates for a bicameral legislative branch. The plan was drafted by James Madison while he waited for a quorum to assemble at the Constitutional Convention of 1787. The Virginia Plan was notable for its role in setting the overall agenda for debate in the convention and, in particular, for setting forth the idea of population-weighted representation in the proposed national legislature. Background. The Constitutional Convention gathered in Philadelphia to revise the Articles of Confederation.