California 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 California Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is a compensation program designed to reward employees of the company with stock appreciation rights (SARS). SARS is a type of employee stock option that allows participants to receive cash or stock-based payments equal to the appreciation in the company's stock over a specified period. Helene Curtis Industries, Inc., a California-based company, offers different types of Stock Appreciation Right Plans to its employees. The specific plans may vary based on eligibility criteria, vesting schedules, and exercise terms. Here are some key features of the various California Stock Appreciation Right Plans offered by the company: 1. California SAR Long-Term Incentive Plan: — This plan is designed for long-term employees who have made significant contributions to the company's success. — Eligible participants are granteSARSRs that vest over a predetermined period, typically spanning several years. TheatersRs can be exercised upon vesting and allow participants to receive cash or company stock equivalent to the appreciation in Helene Curtis Industries' stock price. 2. California SAR Performance-Based Plan: — This plan is aimed at incentivizing employees to achieve specific performance targets and goals set by the company. — Participants are awardeSARSRs based on their individual or team performance, linked to key performance indicators (KPIs). TheatersRs become exercisable once the performance targets are met, enabling participants to benefit from the stock price appreciation. 3. California SAR Executive Retention Plan: — This plan targets key executives and senior management to ensure their long-term commitment to the company. — Eligible executives are granteSARSRs that vest over an extended period to encourage retention. TheatersRs can be exercised at pre-determined intervals, allowing executives to share in the growth of the company's stock value. 4. California SAR Cash-Settled Plan: — This plan offers participants the flexibility to receive cash payments rather than stock upon exercising their SARS. — Participants still benefit from the increase in the company's stock price but receive the appreciation value in cash instead of stocks. Helene Curtis Industries, Inc. provides these various Stock Appreciation Right Plans to align employee compensation with the company's performance and growth objectives. These plans incentivize employee retention, reward outstanding performance, and foster a sense of ownership and commitment among employees.

The California Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is a compensation program designed to reward employees of the company with stock appreciation rights (SARS). SARS is a type of employee stock option that allows participants to receive cash or stock-based payments equal to the appreciation in the company's stock over a specified period. Helene Curtis Industries, Inc., a California-based company, offers different types of Stock Appreciation Right Plans to its employees. The specific plans may vary based on eligibility criteria, vesting schedules, and exercise terms. Here are some key features of the various California Stock Appreciation Right Plans offered by the company: 1. California SAR Long-Term Incentive Plan: — This plan is designed for long-term employees who have made significant contributions to the company's success. — Eligible participants are granteSARSRs that vest over a predetermined period, typically spanning several years. TheatersRs can be exercised upon vesting and allow participants to receive cash or company stock equivalent to the appreciation in Helene Curtis Industries' stock price. 2. California SAR Performance-Based Plan: — This plan is aimed at incentivizing employees to achieve specific performance targets and goals set by the company. — Participants are awardeSARSRs based on their individual or team performance, linked to key performance indicators (KPIs). TheatersRs become exercisable once the performance targets are met, enabling participants to benefit from the stock price appreciation. 3. California SAR Executive Retention Plan: — This plan targets key executives and senior management to ensure their long-term commitment to the company. — Eligible executives are granteSARSRs that vest over an extended period to encourage retention. TheatersRs can be exercised at pre-determined intervals, allowing executives to share in the growth of the company's stock value. 4. California SAR Cash-Settled Plan: — This plan offers participants the flexibility to receive cash payments rather than stock upon exercising their SARS. — Participants still benefit from the increase in the company's stock price but receive the appreciation value in cash instead of stocks. Helene Curtis Industries, Inc. provides these various Stock Appreciation Right Plans to align employee compensation with the company's performance and growth objectives. These plans incentivize employee retention, reward outstanding performance, and foster a sense of ownership and commitment among employees.