企業(yè)股權(quán)激勵(lì)實(shí)務(wù)操作指引

（主要針對(duì)非上市公司股權(quán)激勵(lì)計(jì)劃）企業(yè)股權(quán)激勵(lì)實(shí)務(wù)操作指引第一章建立卓越的企業(yè)股權(quán)激勵(lì)制度1.正確認(rèn)識(shí)股權(quán)激勵(lì)“金手銬”2.股權(quán)激勵(lì)幫助我們獲取競(jìng)爭(zhēng)優(yōu)勢(shì)3.股權(quán)激勵(lì)理論及相關(guān)概念辨析4.股權(quán)激勵(lì)的各種模式簡(jiǎn)介1、正確認(rèn)識(shí)股權(quán)激勵(lì)“金手銬”什么是激勵(lì)？激勵(lì)就是激發(fā)和鼓勵(lì)，激勵(lì)的目的是為了實(shí)現(xiàn)超越自我（被激勵(lì)者）而實(shí)現(xiàn)激勵(lì)者的目標(biāo)。激勵(lì)主要分為精神激勵(lì)和物質(zhì)激勵(lì)兩種。

物質(zhì)激勵(lì)是在經(jīng)濟(jì)社會(huì)中最重要的激勵(lì)，也是最有效的激勵(lì)，但是也是需要激勵(lì)成本的一種激勵(lì)。與工資、福利、獎(jiǎng)金的直接性、短期性不同，股權(quán)激勵(lì)從操作上更為復(fù)雜一些，更長(zhǎng)期一些。

從漸本他質(zhì)逐上代說則，股單權(quán)狡激囑勵(lì)是賓一秩種嚼通跳過謊給品予報(bào)管語理弄層?jì)D及洪骨倍干情以叛公溉司購(gòu)股眠權(quán)站（朗股縣票仆）穿的嘴形劑式畢，舍使撐其澡在舍較鬼長(zhǎng)怪的系一高段吉時(shí)汗間污內(nèi)污，丈因串持櫻有槍股疲權(quán)都而寫與輸公微司技發(fā)偽展椒的遷利羞益見一涂致拒，鞭實(shí)吉現(xiàn)效公暈司旋（的股濁東助）似的睜長(zhǎng)棉期每投鞠資臟價(jià)刺值消，決避斃免店了崇其福短券期潛獲雷利類行吩為肌，棉同防時(shí)芬因搬持爬有倍股陜權(quán)機(jī)而扒承神擔(dān)株一余定鑒的肅風(fēng)印險(xiǎn)畏和零享拍有透因塞此荷可舒能百有蹄的丹高站收察益妨。股稅權(quán)醉激為勵(lì)管的筒關(guān)匆鍵竿點(diǎn)葛：1痰.對(duì)親象達(dá)為長(zhǎng)管太理安層句及仗骨子干2戚.以擋股攤權(quán)運(yùn)或怒者信股龍票弄的等形勺式3牲.時(shí)遇間鴨上冊(cè)的鉤長(zhǎng)步期蛛性4川.效遞果竄上睛的垮高蘋風(fēng)權(quán)險(xiǎn)毀與譯高慮收?qǐng)D益借并拋存5角.目柿標(biāo)敘是競(jìng)增晨加匹公釣司助的挽長(zhǎng)透期娘投甘資值價(jià)北值2、善股賤權(quán)沖激規(guī)勵(lì)陰幫獻(xiàn)助顯我層們足獲灰取柄競(jìng)持爭(zhēng)郵優(yōu)頑勢(shì)股陣權(quán)系激應(yīng)勵(lì)旋有尺利態(tài)于虧公架司留撲住人寶才挎、約排束管映理攪人棄才獨(dú)、吸配引聚敬集喇人朝才股遷權(quán)角激非勵(lì)蛋有檔利笨于神實(shí)撿現(xiàn)識(shí)公丹司奮的長(zhǎng)背遠(yuǎn)、持賭續(xù)、快述速發(fā)魄展股踢權(quán)幕激鹽勵(lì)堵有龍利米于重公照司降慘低人細(xì)力拍薪綠酬釋成滔本憲和激代勵(lì)資移金炸成豬本股千權(quán)寒激秘勵(lì)陪有智利弄于合程理布分啟配公凱司伍發(fā)呼展猛后袋的膛利壯潤(rùn)寧增蘭值搏部酸分3、列股使權(quán)碎激巡壽勵(lì)僵理笛論乞及疫相腹關(guān)布概糾念蠶辨蒸析股哭權(quán)不激丙勵(lì)叨的餃委暮托—代匪理難理圓論股蘆權(quán)眨激養(yǎng)勵(lì)壘的歷人廢力籍資燙本沫理斤論股按權(quán)勒激挎勵(lì)筍的魔利妨益手相幼關(guān)儲(chǔ)者巖理按論股關(guān)份權(quán)與貞股踏票尚、汗出礙資柱額坦的至區(qū)標(biāo)別股杜份酷與央股佛票擋的蜂關(guān)圍系惕是眨內(nèi)岡容引與籃形絲式式茂的欣關(guān)站系較，萌除梯非削是愧有福很嚇強(qiáng)從的佛上餃?zhǔn)胁搭A(yù)從期偏，涉否羨則洪以績(jī)未戒上卻市否公板司丹的甚股便份貝作餃為狹激盤勵(lì)齊標(biāo)譜的修，爐很濃可贏能歉不轟被材擬禾激用勵(lì)拌對(duì)斯象長(zhǎng)接虧受籮。股久權(quán)順與假股次份哨、寒出啦資濾額折的殊區(qū)細(xì)別對(duì)韻公爸司騙擁風(fēng)有穩(wěn)股志份標(biāo)或暴者失出罵資騎份真額困是棒享杰有暴股疫權(quán)荒的更前捉提鍵。機(jī)股加權(quán)息側(cè)咸重浩于執(zhí)表饑達(dá)雄股泳東資權(quán)稱利變的迫享姓有士和建行蹄使該；悼股涉份朵或判者壓出輝資繪額寨側(cè)幅重牽于豎表襪達(dá)或股鵲東吃出雄資趨及腸權(quán)蘆利配的飯數(shù)立值期雷權(quán)逃、昏期射股壤、所股天票胖期庸權(quán)挑的賞區(qū)檢別股裳票誓期折權(quán)枯是驢以宮股己票需作聯(lián)為靠標(biāo)仿的陡資面產(chǎn)妨的膝期氏權(quán)祝，匪是精期腐權(quán)包的搏一糾種澡類蛙型宵。期齊股盾與疾股纏票抹期潛權(quán)魄的共自同砍點(diǎn)：原兩伏者樸都方是累長(zhǎng)吩期以的口激例勵(lì)鍵方倉(cāng)式本，振都省是蠶從碰股戴權(quán)碧的端角荷度顯把劫激昨勵(lì)秘對(duì)腹象卸的鬼報(bào)榜酬疼與垃公籃司西的讀長(zhǎng)柱期火業(yè)搏績(jī)驕聯(lián)逼系侮起胃來疲，格激顯勵(lì)城激捐勵(lì)菠對(duì)轎象翻更營(yíng)多爆地英關(guān)專注吧公盒司蠢的乖長(zhǎng)掉期急持價(jià)續(xù)殼發(fā)婆展尖，物從欠而群有模效淺地奶避衫免圈企納業(yè)陰經(jīng)性營(yíng)歪者漏的舅短慘期水行仍為如。期暮股綱與娘股超票收期鉗權(quán)縮慧的區(qū)款別：1、陪性疫質(zhì)迷不羊同2、選獲閘得罪收效益那的究時(shí)年間正不踢同3、連承綿擔(dān)匹的樸風(fēng)際險(xiǎn)森及費(fèi)相和應(yīng)邪的深激聞勵(lì)筋效突果冷不勞同4、答股釋權(quán)墻激暖勵(lì)蜜的步各房誠(chéng)種站模洲式屯簡(jiǎn)山介各魔種崇模貢式述的精比亭較虛矮擬阻股爪票委與幻玉股僚票衰期短權(quán)川的使異幕同相手同什點(diǎn)激但勵(lì)楊對(duì)皮象悅均么需戶要垂與固公廢司華簽含訂熊合瓦約診；嬌均該需咽明建確殘授領(lǐng)予依股怖票飯或懇虛病擬胡股雅票飛的萄數(shù)財(cái)量失；朗均秧需糟明私確抖授愉予停的必范靜圍余；槽均離需遣明躍確烈兌得換童事撒件溫表摔；堂均讀需閱明連確屢兌蝴換擋條天件綁等近等肯。不哭同問點(diǎn)虛忽擬優(yōu)股覺票東與務(wù)業(yè)拿績(jī)羽股病票桑的噴區(qū)薄別在業(yè)歌績(jī)煉股央票物模職式下雙，襯激椅勵(lì)拆對(duì)毛象獻(xiàn)實(shí)會(huì)際持滾有公逮司兼股稿票喉，鳥一斬旦令將腫來爛股幻玉票換下艷跌息，喬激慣勵(lì)笨對(duì)抽象植會(huì)承皺受絹一紹定掠損渠失，宗因裳此晉在角激助勵(lì)充的殖同亡時(shí)贈(zèng)，集有陷一捧定約惱束作命用攻。氏而虛榴擬務(wù)股碗票崗模扯式下偷，型由手于噴激配勵(lì)物對(duì)再象不屬實(shí)洲際孟持沉有任什何探股縮慧票夫，羨一飲旦芬下穿跌廈，向其腥可傘以修選慎擇不績(jī)行沒權(quán)旦而介避抵免漲任而何究損梯失，甘因燭此鑒是敗一芒種純蔬激降勵(lì)的夜方淚式侄。1、謎企杰業(yè)芝實(shí)遵施府股坐權(quán)塌激習(xí)勵(lì)得計(jì)寨劃醉的傍需愁求窩診潮斷2、酬企諷業(yè)勉實(shí)鈴施攔股懷權(quán)械激裕勵(lì)米計(jì)鈔劃返的頃盡伴職苦調(diào)恭查3、任企籮業(yè)最實(shí)橫施魯股暖權(quán)備激敏勵(lì)病計(jì)港劃抬的跡內(nèi)慌部氏制仆度性完嫂善第轟二尤章學(xué)股詠權(quán)惠激摸勵(lì)底計(jì)詳劃畜的雪實(shí)鍋施些基零礎(chǔ)1、壁企夫業(yè)駐實(shí)王施疫股摟權(quán)場(chǎng)激霞勵(lì)吉計(jì)云劃紹的罪需勞求膏診持?jǐn)嗥髴I(yè)寨是涂否盼需拾要環(huán)實(shí)疫施古股始權(quán)襪激湊勵(lì)散？傳怎予么憲來種判傷斷朽？較企晨業(yè)塘高郊管哀和澤骨靈干湖員膏工頻憤繁纖地隱跳鎖槽流悔失神，睜一槽些籠高別管花開宇始坐找糖各河種胸理旨由離膜開起公街司律高豬管飲和馳骨瘡干鈔員動(dòng)工亦雖勤然疲沒腎有播太輪多用的甲流蜻失崖，府但英是趴公以司虜工賞作披場(chǎng)化所幾丟無端工撞作后氛正圍，韻高城管斤和兆骨案干襪員昏工識(shí)變料得謠懶據(jù)散拴起耗來款公奪司斜的抓高胡管綢和資骨際干拖員欣工彈在屑一蝦些夢(mèng)場(chǎng)磁合尿經(jīng)專常積有川意百無筋意茄地窯提級(jí)到禾競(jìng)樓爭(zhēng)晃對(duì)穗手轉(zhuǎn)公陣司窗的損薪鑼酬憲待銀遇軌，對(duì)窗公嚼司并薪室酬盆待暈遇妻表栽示犧不崇滿，邊而啊公以司截的畏主丑要灶競(jìng)償爭(zhēng)微對(duì)恢手養(yǎng)已趣經(jīng)勿實(shí)漲施文了特股賀權(quán)蜘激顯勵(lì)柱制朱度榮公晝司浸立辰下澤了壺較飄為遠(yuǎn)垃大濫的雁經(jīng)堡營(yíng)泳目丘標(biāo)，性一模般激而隸言杯，療是朱指幟利儲(chǔ)潤(rùn)絡(luò)增舍長(zhǎng)嗎率綠或味者拉其托他議核躲心遠(yuǎn)經(jīng)案營(yíng)餡指吵標(biāo)回遠(yuǎn)主超堤過任以平前患年墻度構(gòu)的皇平連均辦水?dāng)U平輕，衡如冶果留沒贏有躬高病管棟和辱骨迷干裹員家工牙的蕉同聰心你協(xié)棚力孕則泰無些法械實(shí)舟現(xiàn)t金e抄x哥t2、伏企克業(yè)盯實(shí)多施夢(mèng)股貧權(quán)及激紫勵(lì)巧計(jì)排劃垮的超盡槍職亭調(diào)馳查對(duì)戶公擔(dān)司普的環(huán)信扔息欣了物解六不轟足匪，核往著往聽會(huì)屈導(dǎo)公致錯(cuò)股舅權(quán)禁激灣勵(lì)且方奔案貫的殘不現(xiàn)公蹦平留，響或宏者險(xiǎn)可陣執(zhí)薯行堵性底不志強(qiáng)繩，智或懶者燈因田為荷違俯反沉法悅律盜規(guī)毒定渣而拉無免效標(biāo)。遙因司此雨，蝴為蹲了宜給健公肆司亭設(shè)頂計(jì)貫一韻個(gè)合夸適捉的、能王達(dá)榆到擠激補(bǔ)勵(lì)渣效闊果的漂方繪案泰或妹者壓出徐具印一真份具擠有哭法此律敵效捉力的刑法羞律躲意呈見虎書銅，遲在覺方優(yōu)案瀉設(shè)榜計(jì)堵之葵前刊由應(yīng)專關(guān)業(yè)候律忌師酬或復(fù)者踩其陜他策中綁介之機(jī)葬構(gòu)頸對(duì)扣公懷司都進(jìn)產(chǎn)行埋盡嫩職勸調(diào)余查別是系十廚分陜必急要同的示。澡盡纖職浴調(diào)膜查染的隆目成的堡是些了餓解瓶公污司網(wǎng)各菊方羨面范的芳事捐實(shí)橡情充況財(cái)，橋尤杠其轟是竟公停司晶的人涂力抱資觀源、薪凳酬吵管餡理、績(jī)椒效心考伐核等川方肯面3、副企揮業(yè)鋒實(shí)爸施廟股讓權(quán)件激裕勵(lì)滋計(jì)甩劃倆的飼內(nèi)克部抹制溉度矛完防善完狼善乖公酸司治絨理柳機(jī)捆制修而改千公蠻司章諒程完矛善屯人送事妥薪滴酬焰、袋勞鳳資險(xiǎn)關(guān)胳系傾等人犯力提資迷源游管覆理銳制餅度完辰善瓶企泳業(yè)景的財(cái)席務(wù)態(tài)審飛計(jì)份管薪理向制鬼度第雜三容章估股救權(quán)堂激加勵(lì)堡計(jì)偶劃盛的很方穿案弦設(shè)閣計(jì)懼指聾引八息大均模先塊定村模僻式定紙對(duì)道象定慎來歡源定蝦激距勵(lì)窮額培度定停機(jī)劣制定牌時(shí)乳間定墓價(jià)邁格定依約望束座條框件模陵塊祖一燙定微模疊式在繁實(shí)梢踐損中困，州可辰供非剖上贈(zèng)市攀公豪司選隊(duì)擇相的菜股專權(quán)叼激總勵(lì)主計(jì)尿劃冒模浴式賊主昂要熊有奮以饅下臟幾浪種:認(rèn)涼股俯權(quán)忙激辣勵(lì)尾模渾式利射潤(rùn)秤分凝紅蹈型味虛萌擬殺股棋權(quán)杯激沉勵(lì)賬境面袍增慶值茂（商每迷股匯凈讓資糠產(chǎn)庫(kù)增希值環(huán)型響股娘權(quán)創(chuàng)激渡勵(lì)浪）期鑄股溝模泉式崗得位舅分穿紅伍權(quán)炸模國(guó)式模銹塊徒二早定低對(duì)宰象弊對(duì)命于來非默上篩市湊公潮司的而美言平，死股皂權(quán)陳激支勵(lì)櫻的摘激近勵(lì)鬧對(duì)意象酬范董圍商的努確搬定蹲可太以隙采雞用管宰理瘡崗認(rèn)位指上帽的艙經(jīng)教理乏層暖加奮上笑關(guān)石鍵稈崗旨位恭上經(jīng)的茫工寨作振人叉員攻加奇上活董等事弟會(huì)矮的搭主漫觀掌認(rèn)下定字的袍方恨式。僅可普以趨包檢括愛以禿下姥人攪員:（1）閱公北司僅董巧事終、戰(zhàn)總歲裁臺(tái)、輩副殿總扶裁種、沿財(cái)梢務(wù)琴負(fù)滲責(zé)線人（2）裂中慰高堡層瞎管悼理區(qū)人常員森、跪部祥分灶副猶經(jīng)湊理夢(mèng)級(jí)腸別嘆以厲上筒核葵心腐業(yè)疾務(wù)勒骨耕干（3）譽(yù)核疼心閱技探術(shù)汁人評(píng)員（4）伴優(yōu)競(jìng)秀桂的箱銷績(jī)售悼骨奇干乏人飛員（5）疏其懷他王公漫司幼董稼事傍會(huì)毀認(rèn)謝為碑對(duì)點(diǎn)公條司勝長(zhǎng)抽遠(yuǎn)插發(fā)棋展趴有演重淘要荒作帽用代的培人拾員?？謮K迫三性定速來賢源允非蟻上啊市心公雹司丹股灰權(quán)跨激舌勵(lì)杏標(biāo)依的赴的境來欲源捕：對(duì)光于非碑上機(jī)市芹有允限朝責(zé)譜任旁公壁司而最言延，駕有喂兩員種典途菊徑欺取匹得外股采權(quán)襲，修一魄種純途棟徑求是卡原逮有咱股糠東環(huán)裝描讓凝部答分刪股炎權(quán)妻作則為督股搏權(quán)只激逗勵(lì)帝的石股潮權(quán)喊來體源洗。樣另蔬一進(jìn)種辨是斑公劉司虛經(jīng)臺(tái)過始股看東來大蔽會(huì)2主/駝3以選上甜持觀股侄股鑰東鋼決唯議肝同粥意納后眼，擦采惱用算增約資獨(dú)擴(kuò)京股蜘的差方習(xí)式泄進(jìn)眼行莖股也權(quán)駕激銅勵(lì)那行紫權(quán)挎后貌公匙司廢進(jìn)商行浩注邊冊(cè)感資健本則的忽變寧更參。對(duì)狡于非蘿上饅市惕股鍬份興有鮮限扯公嘗司而鋼言肆，茫除升了遭采缺用甲以腦上子兩飼種攜途隱徑蝦外嚼，套還勿可溫以最通臺(tái)過船回缺購(gòu)嫩本血公貝司材股翻份巡壽的幼方括式桿取分得朗獎(jiǎng)漠勵(lì)碰給紀(jì)本申公遲司鼠職鄰工拘的匠激愧勵(lì)和股魄份說。折根同據(jù)鈴公喝司激法拘規(guī)然定嗎，哥公奸司冠回著購(gòu)話的鋤股鍬份淺總箱額安不棚得斬超設(shè)過藍(lán)本氧公敞司饒已滲發(fā)趟行總股紫份夏總堤額撿的束百鋼分已之隙五慮。模轉(zhuǎn)塊運(yùn)四怨定杏激副勵(lì)赴額守度確排定族股裹權(quán)笨激在勵(lì)肉的偉總鬼額生度濫時(shí)該，固應(yīng)困著傘重恥考煤慮吳的磨因茫素冶法刪律牌的強(qiáng)歷制美性規(guī)謝定茅企隨業(yè)漲的整榆體毒薪騾酬及福廁利蹤蝶安偏排室企鋤業(yè)計(jì)設(shè)畏定烘的業(yè)眉績(jī)權(quán)目脾標(biāo)情柏況市露場(chǎng)病環(huán)尤境和使企茂業(yè)競(jìng)斜爭(zhēng)鉤對(duì)兵手的風(fēng)激她勵(lì)易情餃況榨企鞋業(yè)膊股瞎東搭的讓蜜與情意爹愿攀企六業(yè)蔬的規(guī)土模倡與箭凈兩資纖產(chǎn)提企覽業(yè)潤(rùn)擬棚激懂勵(lì)嗚的激扯勵(lì)搭對(duì)鵲象孤的醒人裙數(shù)模翻塊藏五渴定肉約俯束徹條趴件非藏上郊市程公該司會(huì)實(shí)移施墳股辜權(quán)藝激迎勵(lì)具計(jì)獲劃萍并諷沒蕩有炒法剩定匯的殿授找予疾條育件長(zhǎng)，信所誕以鵲公餡司哲可縫以動(dòng)靈黑活瞞地揪決擊定是錄否碑設(shè)體置肥股單權(quán)巴激憑勵(lì)撲計(jì)街劃鐵的兩授找予絡(luò)條收件。膚其或行寶權(quán)亭條媽件踢的利規(guī)愛定里比自上毛市癥公械司障的買規(guī)抽定臥也琴更沾加掌靈薯活蜻，榜但兆其梁基冶本束內(nèi)之容劃是濫一顧致狗的寸。梳在亦股蒜權(quán)占激攪勵(lì)您計(jì)服劃京需悲要菠分事年宰度齡分怖批低行窗權(quán)榴的腔情厚況剩下項(xiàng)，扁每研一錄批串可趁行遭權(quán)盤的吳股矩權(quán)礦激載勵(lì)粉標(biāo)高的籍均貓?jiān)O(shè)奮及呆：1、等彎待套期2、行語權(quán)勸期3、行惱權(quán)到條率件模膜塊伸六掉定霸價(jià)俯格非刻上寇市俘公莫司述股善權(quán)貼激洪勵(lì)休標(biāo)賴的酬價(jià)搏格金設(shè)騾定(應(yīng)轟根創(chuàng)據(jù)列公動(dòng)司泄的檢實(shí)攝際裳情取況駛和疤戰(zhàn)甲略咱需茂要桂確培定母）蠻：量以注裁冊(cè)爪資宇本棟金為員標(biāo)丟準(zhǔn)妖的傍行炎使雀價(jià)根格贏以評(píng)濁估冶的始凈猛資桌產(chǎn)旅的蝕價(jià)系格為績(jī)標(biāo)籃準(zhǔn)排的嘗行惜權(quán)肝價(jià)抹格糊以注李冊(cè)砍資司本當(dāng)金插或附者漸凈你資粥產(chǎn)依為奸基狡礎(chǔ)進(jìn)捉行尿一宇定夜的折港扣作藥為伶行酒權(quán)環(huán)價(jià)牙格異以市嘉場(chǎng)報(bào)評(píng)墾估為暖基圖礎(chǔ)鼓確幸定糕行智權(quán)櫻價(jià)啊格模首塊是七長(zhǎng)定鍬時(shí)甩間股貝權(quán)擴(kuò)激沉勵(lì)各計(jì)唱?jiǎng)澬吨懈咴O(shè)帥置浩的側(cè)時(shí)標(biāo)間臥點(diǎn)境必驗(yàn)須窩要黑經(jīng)銜過柴巧柜妙闖的夢(mèng)設(shè)朽計(jì)您，便既少要慈達(dá)免到蘭企圣業(yè)喇長(zhǎng)溝期獸激匠勵(lì)壩的腰目薯的畏，秤又針要寨使泉員娘工咳不順會(huì)比感熟覺暫遙拒不診可和及捷，術(shù)確繭保乓員西工障的炊努悲力師能程夠拋得洽到箱激搬勵(lì)禾的圈回麥報(bào)聾?；蠊啥綑?quán)苗激奶勵(lì)奮計(jì)變劃描中井會(huì)畜涉卻及殘的扔時(shí)必間以點(diǎn):股欣權(quán)江激悉勵(lì)涼計(jì)叫劃碧的災(zāi)有助效爺期討、界授智予百日飯、聽授援權(quán)恨日已、體等攏待秤期懇、粥解獸鎖危期映、匹行壯權(quán)胸日分、幣行躲權(quán)螺窗職口向期銀和鋤禁渴售濃期址等主等模腔塊釣八舞定英機(jī)澡制股譜權(quán)歇激磨勵(lì)勞計(jì)澆劃廈方車案棗并消非價(jià)從師設(shè)臥計(jì)院到甜實(shí)兩施裕一鑰成壟不績(jī)變千，掘在稻實(shí)謝踐喚中革，盾因慘為傅實(shí)城行博股晌權(quán)改激龍勵(lì)娘計(jì)服劃必的主公陸司掘需纏要當(dāng)采苗取撥進(jìn)來一微步議融蝦資茅或獸者街配羽股練分綢紅泛等耕行懶為互，的這敬樣匹股牛權(quán)批激濫勵(lì)錘計(jì)結(jié)劃慨中妥約跪定撥授權(quán)予淹激污勵(lì)漲對(duì)緣瑞象榆的固股戀權(quán)錢激鏟勵(lì)雨標(biāo)廳的詳?shù)谋睌?shù)俱量振應(yīng)旬相津應(yīng)惠地召進(jìn)泄行舊修船改閣，寬以鄙保膀持練實(shí)指質(zhì)繼上烏的割公晃平巾。透另舊外衛(wèi)，援在嘉實(shí)屆施弄股非權(quán)孤激容勵(lì)挎計(jì)大劃借的夾過間程責(zé)中服，陳如嘩果替激弊勵(lì)文對(duì)夫象容發(fā)躁生膨辭膏職僚，許被管公案司泉開降除憐或威者竊調(diào)娃離育崗艙位圖等辟等尺特涉殊書情叫形漲，估則賞其嗎股西權(quán)窮激淡勵(lì)呢的渴資另格耕以心及果獲期受遮的卸數(shù)況量延均順應(yīng)霸相熔應(yīng)耽改級(jí)變預(yù)。率對(duì)緒于辮這繡些糾情蒜況賴，閘股墨權(quán)恭激刺勵(lì)停計(jì)貞劃辜應(yīng)雙當(dāng)準(zhǔn)予暮以師事唇先若規(guī)煎定鑰，她以躬避蘿免跳因臟上塑述乓特刊殊吊情葉形憶而絲式產(chǎn)泡生稈股陳權(quán)本激呀勵(lì)籃糾抗紛似。第視四璃章掏股常權(quán)挪激號(hào)勵(lì)鉗計(jì)扇劃談的轟考凳核刃制萄度鍋設(shè)爹計(jì)緣瑞指招引公拖司蠅業(yè)版績(jī)淘考鑰核拋的液常儀用幕指辛標(biāo)一械、大凈超利讓潤(rùn)咬增虜長(zhǎng)敘率凈揭利敵潤(rùn)=利粥潤(rùn)淘總像額慣（1現(xiàn)-所籍得竿稅凈率桃）凈練利船潤(rùn)蜂增劈燕長(zhǎng)鑒率=（妖當(dāng)褲期僵凈喪利追潤(rùn)÷基贊期掛凈陳利收潤(rùn)章）×樣1嬸0憲0％-蛇1或0在0％東寶方闊園法林苦案廉例二君、鑼凈蔥資討產(chǎn)今收蹦益滴率全欲面截?cái)偱直蛢舫速Y啦產(chǎn)懂收繁益國(guó)率=報(bào)辨告市期耍凈敗利申潤(rùn)÷期摧末警凈鐘資進(jìn)產(chǎn)加考權(quán)昌平機(jī)均咐凈耕資魂產(chǎn)族收起益編率=凈諷利頁(yè)潤(rùn)÷平怪均坐凈夠資策產(chǎn)×滿1詞0墾0動(dòng)%平踏均論凈室資鎖產(chǎn)=（澆年練初筍凈誓資估產(chǎn)+年律末救凈菜資聾產(chǎn)游）÷罵2青漁島項(xiàng)海響爾彩案船例（把早凈序利什潤(rùn)糕增莊長(zhǎng)郊率鏈與螺凈吧資版產(chǎn)我收撤益末率宣共積同販作秀為拔業(yè)策績(jī)獸考駕核糊指庭標(biāo)）三爬、芒經(jīng)鴿濟(jì)幫增定加科值案星例山乏東注東捷阿席阿得膠脹股以份鏈有約限飾公脂司脹在封其《中鐘長(zhǎng)茂期腦激期勵(lì)押實(shí)萬施訴方悼法》中博引浪進(jìn)禿了E但V界A的秧衡版量適指寸標(biāo)鍬。民規(guī)石定姑了多激乎勵(lì)予基粉金敵提帖取兩應(yīng)效依倆據(jù)霧公剃司達(dá)經(jīng)腔注釘冊(cè)臉會(huì)余計(jì)哭師削審押計(jì)資的茄年瓜度橫報(bào)摔告財(cái)，粉若奮本放年行度針凈勻資例產(chǎn)遇收蕩益打率謠達(dá)餡不簽到1激0晨%，寇則祥不你提者取旨激緒勵(lì)萄基推金留；栗若治本莖年惹度維凈尺資粗產(chǎn)亡收內(nèi)益央率渾達(dá)狗到1寨0洪%及們以宋上妖時(shí)艘，檔則渠由咸薪選酬哈與慶考扇核習(xí)委軌員槳會(huì)到基所于聲勞仔動(dòng)完力志市返場(chǎng)根對(duì)女標(biāo)糠、才經(jīng)還濟(jì)視增啞加顯值從測(cè)洽算訊等賊因饑素莖進(jìn)頭行苦審強(qiáng)核泥，追確累定是提獨(dú)取葛比呢例興，賭計(jì)意算炎應(yīng)宏提愧取乘的龜激裹勵(lì)位基待金迎總現(xiàn)額僵，妻報(bào)抬董瞧事叉會(huì)持批剖準(zhǔn)壘，怖但長(zhǎng)提際取郵額鳳的質(zhì)增描長(zhǎng)廚率急不掌超帥過來凈臟利篩潤(rùn)經(jīng)增帝長(zhǎng)丙率并。巡壽激嗽勵(lì)憤基陶金滋在闊本童年弓度鍵成打本色中得列榮支布。經(jīng)盤濟(jì)到增菜加袋值=經(jīng)當(dāng)過卡調(diào)曾整竹后袋的倉(cāng)稅跨后蒸營(yíng)速業(yè)儀凈綢利豆?jié)?裕-企潛業(yè)趕資臟本瓶結(jié)窩構(gòu)著中吊資箭本味各伴個(gè)葉組完成感部厚分刻的赴以伯其叨市涉場(chǎng)裁價(jià)抵值惹為靜權(quán)伏重折的亡加鋸權(quán)淹平垂均傳資睡本敵成暑本×企且業(yè)管資娛本陷投尸入對(duì)導(dǎo)股侵權(quán)烈激子勵(lì)月對(duì)趴象岔的雖績(jī)車效封考迫核辨辦擋法評(píng)市估街報(bào)戶告稈法評(píng)汽級(jí)看量挺表羨法目徐標(biāo)渣管川理怖法燭3牽6例0度蘆績(jī)?nèi)⌒а揽继群藟蚍ǎ拱纲惱?）平甲衡翠記韻分陸卡棒法（皇案棚例2）第腳五富章胸股線權(quán)苗激罩勵(lì)包計(jì)單劃伴的墨實(shí)催施孝指憲引劉一慶家粉企占業(yè)我如仆果判要良實(shí)揭行餡股川權(quán)怕激素勵(lì)獨(dú)計(jì)妥劃揚(yáng)，竿從賺具輕體藝實(shí)俘施泰的帥時(shí)板間肢順渾序蹤蝶上防來焰說公，猶在漏公廢司錦董劍事杰診屬斷黨公賀司敏經(jīng)析營(yíng)竭的膽問循題失，測(cè)決敬定膠實(shí)精施勁股該權(quán)萄激剩勵(lì)執(zhí)計(jì)廢劃積后市，紋一黃般敏按史照嘆時(shí)咸間船順歪序甘需也分排為上以膊下庫(kù)幾意個(gè)委步滲驟職予艷以孔實(shí)禿施吹：第曾一追步際組為建捎股珍權(quán)翼激般勵(lì)雹計(jì)塑劃竊管攪?yán)韴F(tuán)動(dòng)隊(duì)并挽進(jìn)就行搏具訊體職邪責(zé)敏分辯配；第肯二目步沫專傷門持的騰股驕權(quán)旗激域勵(lì)顧箱問卻機(jī)辭構(gòu)的含選允聘責(zé)；第旺三充步舞股虜權(quán)蹤蝶激展勵(lì)銜計(jì)公劃草生案等舅文語件差、塘配鋤套蓬制禮度遞的喊起屑草訪；第日四厚步昂股任權(quán)煎激怕勵(lì)檢計(jì)智劃口文版件觀的提病交犬與社審愧核；第效五紋步斗股遵權(quán)圍激淺勵(lì)坑計(jì)差劃鄭的授連予菌與把行勺權(quán)程棕序費(fèi)。一釣套叛完洗整欣的嫌股評(píng)權(quán)掠激碧勵(lì)篩計(jì)況劃天方府案怨及咬其浙配暮套仍制誤度晝包郊括領(lǐng)主液要頁(yè)以鐘下膚文卸件它：《公字司柜股梅權(quán)浩激斯勵(lì)墓計(jì)膏劃君方勸案》、《公遍司測(cè)股邊權(quán)梅激詠勵(lì)杯計(jì)拜劃洞績(jī)交效取考飾核悼辦綁法》、《公冤司械股矛權(quán)迅激遲勵(lì)娛計(jì)佛劃鞠管策理滑制雪度》、《股程權(quán)徑激曉勵(lì)涂授毫予方協(xié)喜議類書》、《激梢勵(lì)殊對(duì)媽象俯承謠諾補(bǔ)書》、《股值權(quán)上激芝勵(lì)果計(jì)合劃受法喉律督意竹見箱書》、《激熱勵(lì)野對(duì)權(quán)象霸績(jī)杏效厲考蒜核謊結(jié)釀果鞠報(bào)殿告務(wù)書》、《激利勵(lì)超對(duì)森象肉行且權(quán)少或粒者晶解嶺鎖雪申咱請(qǐng)六書》、《激牢勵(lì)世對(duì)織象熱行完權(quán)恐或迅者異解襖鎖測(cè)批電準(zhǔn)留書》、《股責(zé)權(quán)讓激辭勵(lì)繼證你明僻范朽本》、《股攤權(quán)究激菠勵(lì)格相陵關(guān)革時(shí)怖間噸安脅排》、《股根權(quán)枝激較勵(lì)策股既東溉大廳會(huì)富決甜議》、《股蠻權(quán)柜激娛勵(lì)待董行事父會(huì)卸決釘議》、《公拐司商章胸程束修卵改繞建堆議償書》、《公血司舒治絕理括結(jié)榜構(gòu)先調(diào)默查撕?jiǎn)栐蹙怼?、《?/p>