Arizona Stock Appreciation Rights Plan of The Todd-AO Corporation

• Category: Corporations - Public - Stock Options
• State: Multi-State
• Control #: US-CC-18-403A
• Format: Word; Rich Text

Description

18-403A 18-403A . . . Stock Appreciation Rights Plan which provides for granting of (a) SARs to employees, directors and consultants and (b) limited stock appreciation rights to persons who are subject to Section 16 of Exchange Act. Limited rights have same terms and conditions as SARs except that limited rights are automatically exercised on date established, without any action on part of grantee, which is at least six months after grant of limited right. To extent limited right is exercised, related SAR is canceled and vice versa. The purpose of limited right is to provide grantees who are subject to short swing profit recovery provisions of Exchange Act with benefits associated with exercise of SARs even though exercise occurs outside of "window period" prescribed by SEC The Arizona Stock Appreciation Rights Plan of The Todd-AO Corporation is a financial incentive program designed to reward employees of the corporation for their contributions towards its success. This plan offers employees the opportunity to benefit from the appreciation in the value of the corporation's stock over a specified period. The Arizona Stock Appreciation Rights Plan is a type of equity-based compensation plan that allows eligible employees to receive stock appreciation rights (SARS) instead of actual stock shares. SARS entitles the employee to the amount equal to the appreciation in the stock value over a predetermined period. This type of plan aligns the interests of employees with the company's overall growth and performance. The Todd-AO Corporation may offer different variations or types of the Arizona Stock Appreciation Rights Plan to meet the diverse needs of its workforce. Some potential variations may include: 1. Performance-based SARS: Under this type of plan, the employee's entitlement to stock appreciation rights is contingent on achieving specific performance goals or targets set by the corporation. This could be based on individual, departmental, or company-wide metrics. 2. Time-based SARS: In this variation, employees earn stock appreciation rights based on the length of their service with the corporation. The longer an employee has been with the company, the more SARS they accumulate. 3. Restricted SARS: This type of plan may involve certain restrictions or conditions on the stock appreciation rights, such as a minimum period of employment or vesting schedule. The employee needs to satisfy these requirements before they can fully exercise their SARS. 4. Cash-settled SARS: While the typical SARS are settled with stock shares, a cash-settled variation allows the employee to receive a cash payment equivalent to the appreciation in stock value. This provides flexibility for employees who may prefer immediate liquidity rather than owning actual stock. The Arizona Stock Appreciation Rights Plan of The Todd-AO Corporation serves as a valuable tool for employee retention, motivation, and engagement. By linking employee rewards to the success of the corporation, this plan encourages employees to actively contribute to the company's growth and financial performance while fostering a sense of ownership among the workforce. Keywords: Arizona Stock Appreciation Rights Plan, Todd-AO Corporation, equity-based compensation, stock appreciation rights, financial incentive, employee rewards, employee retention, performance-based SARS, time-based SARS, restricted SARS, cash-settled SARS, employee motivation, ownership, employee engagement, stock value appreciation.

The Arizona Stock Appreciation Rights Plan of The Todd-AO Corporation is a financial incentive program designed to reward employees of the corporation for their contributions towards its success. This plan offers employees the opportunity to benefit from the appreciation in the value of the corporation's stock over a specified period. The Arizona Stock Appreciation Rights Plan is a type of equity-based compensation plan that allows eligible employees to receive stock appreciation rights (SARS) instead of actual stock shares. SARS entitles the employee to the amount equal to the appreciation in the stock value over a predetermined period. This type of plan aligns the interests of employees with the company's overall growth and performance. The Todd-AO Corporation may offer different variations or types of the Arizona Stock Appreciation Rights Plan to meet the diverse needs of its workforce. Some potential variations may include: 1. Performance-based SARS: Under this type of plan, the employee's entitlement to stock appreciation rights is contingent on achieving specific performance goals or targets set by the corporation. This could be based on individual, departmental, or company-wide metrics. 2. Time-based SARS: In this variation, employees earn stock appreciation rights based on the length of their service with the corporation. The longer an employee has been with the company, the more SARS they accumulate. 3. Restricted SARS: This type of plan may involve certain restrictions or conditions on the stock appreciation rights, such as a minimum period of employment or vesting schedule. The employee needs to satisfy these requirements before they can fully exercise their SARS. 4. Cash-settled SARS: While the typical SARS are settled with stock shares, a cash-settled variation allows the employee to receive a cash payment equivalent to the appreciation in stock value. This provides flexibility for employees who may prefer immediate liquidity rather than owning actual stock. The Arizona Stock Appreciation Rights Plan of The Todd-AO Corporation serves as a valuable tool for employee retention, motivation, and engagement. By linking employee rewards to the success of the corporation, this plan encourages employees to actively contribute to the company's growth and financial performance while fostering a sense of ownership among the workforce. Keywords: Arizona Stock Appreciation Rights Plan, Todd-AO Corporation, equity-based compensation, stock appreciation rights, financial incentive, employee rewards, employee retention, performance-based SARS, time-based SARS, restricted SARS, cash-settled SARS, employee motivation, ownership, employee engagement, stock value appreciation.