Powershell to create shared folders for users with permssions

Hello!!

I've recently put up a post asking, how I could use PowerShell to create multiple user share folders and amend permissions so that they (the user) have Modify rights only and system/admin have full rights only.
I was provided the following link, https://gallery.technet.microsoft.com/scriptcenter/How-to-create-home-folder-d968f1d4   which did sort of help but as a n00b (forgive me) I need a bit of hand holding as I'm new and learning PowerShell. I have a couple of questions..

1.      How can I use the script so that the user has Modify rights and system/Adam have full rights.
2.      How can the List.txt file i have importing the user name, create the folders in a username structure as oppose to the users full name? i.e. Bob Smith > Bbs

Is anyone able to help and simplify an answer? Also, I have a test environment, so I’m not a live canon :D

Thanks!!!
N00b2015Asked:
Who is Participating?
 
David Johnson, CD, MVPConnect With a Mentor OwnerCommented:
CreateHomeFolder.ps1.txt

To satisfy your requirements changed user from 'full control' to 'modify'
If there are spaces in the users name enclose them with quotes
you should be using the samaccountname
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N00b2015Author Commented:
David, thank you!!

Everything is working as it should now. Although, the system and admin permissions are now only modify also, which should be full permissions. The user is fine as modify. Any ideas?
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N00b2015Author Commented:
Demonstrated where the fix needed to be applied including script.
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