Arizona Stock Appreciation Right Plan of Helene Curtis Industries, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• Control #: US-CC-18-397
• Format: Word; Rich Text

Description

18-397 18-397 . . . Stock Appreciation Rights Plan under which 2,000,000 Rights may be issued to employees. Each Right entitles participant to receive an amount equal to difference between fair market value of a single share of common stock on date of exercise and base price of Right, which may not be less than fair market value of a single share of common stock on date Right was granted The Arizona Stock Appreciation Right (SAR) Plan is an employee compensation program introduced by Helene Curtis Industries, Inc., a renowned company operating in the personal care product industry. This plan provides employees with an opportunity to benefit from the appreciation in the company's stock value over a specified period. Under the Arizona SAR Plan, employees are granted stock appreciation rights which entitle them to receive the difference between the stock's fair market value at the time of exercise and the base price determined at the grant date. These rights can be exercised at a later date when the stock value has appreciated. The Arizona SAR Plan aligns the interests of employees with the company's performance, encouraging them to contribute to the growth and success of Helene Curtis Industries. It serves as an effective tool to retain and motivate talented individuals, as they have a direct financial stake in the company's performance. Helene Curtis Industries offers various types of Arizona Stock Appreciation Right Plans to cater to the diverse needs of its employees. Some different types of plans provided by the company may include: 1. Standard SAR Plan: This is the basic stock appreciation right plan offered to eligible employees, granting them the right to benefit from the increase in the company's stock value over time. 2. Restricted SAR Plan: This plan involves restrictions and conditions on the exercise of the stock appreciation rights. For example, employees may need to fulfill certain employment tenure or performance-based criteria before exercising their rights. 3. Performance-based SAR Plan: This type of plan links the stock appreciation rights' exercise to certain predetermined performance targets. Employees are given the opportunity to earn additional rewards if they achieve specific goals set by the company. 4. Incentive-based SAR Plan: In this plan, employees receive stock appreciation rights as an incentive for exceptional performance or meeting specific milestones. The aim is to motivate individuals to go above and beyond their regular duties and contribute significantly to the company's growth. Overall, the Arizona Stock Appreciation Right Plan of Helene Curtis Industries, Inc. provides a valuable opportunity for employees to increase their financial stake in the company and benefit from its stock value appreciation. With various types of plans available, employees can engage and participate in the company's growth, fostering a sense of loyalty and commitment.

The Arizona Stock Appreciation Right (SAR) Plan is an employee compensation program introduced by Helene Curtis Industries, Inc., a renowned company operating in the personal care product industry. This plan provides employees with an opportunity to benefit from the appreciation in the company's stock value over a specified period. Under the Arizona SAR Plan, employees are granted stock appreciation rights which entitle them to receive the difference between the stock's fair market value at the time of exercise and the base price determined at the grant date. These rights can be exercised at a later date when the stock value has appreciated. The Arizona SAR Plan aligns the interests of employees with the company's performance, encouraging them to contribute to the growth and success of Helene Curtis Industries. It serves as an effective tool to retain and motivate talented individuals, as they have a direct financial stake in the company's performance. Helene Curtis Industries offers various types of Arizona Stock Appreciation Right Plans to cater to the diverse needs of its employees. Some different types of plans provided by the company may include: 1. Standard SAR Plan: This is the basic stock appreciation right plan offered to eligible employees, granting them the right to benefit from the increase in the company's stock value over time. 2. Restricted SAR Plan: This plan involves restrictions and conditions on the exercise of the stock appreciation rights. For example, employees may need to fulfill certain employment tenure or performance-based criteria before exercising their rights. 3. Performance-based SAR Plan: This type of plan links the stock appreciation rights' exercise to certain predetermined performance targets. Employees are given the opportunity to earn additional rewards if they achieve specific goals set by the company. 4. Incentive-based SAR Plan: In this plan, employees receive stock appreciation rights as an incentive for exceptional performance or meeting specific milestones. The aim is to motivate individuals to go above and beyond their regular duties and contribute significantly to the company's growth. Overall, the Arizona Stock Appreciation Right Plan of Helene Curtis Industries, Inc. provides a valuable opportunity for employees to increase their financial stake in the company and benefit from its stock value appreciation. With various types of plans available, employees can engage and participate in the company's growth, fostering a sense of loyalty and commitment.