District of Columbia 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 District of Columbia Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is a comprehensive employee compensation program offered by the company based in the District of Columbia. This plan provides eligible employees with the opportunity to participate in the company's financial success and benefit from the appreciation in the value of its stock. Through the Helene Curtis Industries, Inc. Stock Appreciation Right Plan, employees are granted the right to receive cash or stock equivalent to the increase in the value of the company's stock over a specified period of time. This appreciation is measured by the stock's price at the grant date and the price at the exercise date. One of the key benefits of this plan is that it incentivizes employees to contribute their efforts towards the success and growth of Helene Curtis Industries, Inc. As the stock price rises, employees are rewarded for their contributions, aligning their interests with the company's long-term goals and objectives. This helps in fostering a sense of ownership and motivation among employees. The District of Columbia Stock Appreciation Right Plan of Helene Curtis Industries, Inc. offers various types of stock appreciation rights to cater to the diverse needs of employees. These include: 1. Standard Stock Appreciation Rights (SARS): These are the most common type of appreciation rights granted to eligible employees. SARS provides the right to receive cash or stock equivalent to the increase in the stock's value, offering employees a direct compensation link to the company's performance. 2. Performance-Based SARS: This type of appreciation right is tied to specific performance goals set by the company. Eligible employees receive the rights to appreciate in stock value only if predetermined targets, such as revenue growth or profitability, are achieved. Performance-based SARS are designed to motivate employees towards achieving specific objectives and rewarding them accordingly. 3. Restricted Stock Appreciation Rights: Restricted SARS are granted to employees subject to certain conditions, such as a minimum service period or achievement of performance milestones. These rights encourage employee retention and provide an additional incentive for long-term commitment and loyalty. The District of Columbia Stock Appreciation Right Plan of Helene Curtis Industries, Inc. reflects the company's commitment to rewarding and retaining talented employees by providing them with a stake in its financial success. With various types of appreciation rights tailored to different criteria, this comprehensive plan offers a flexible and effective approach to employee compensation and motivation, ultimately contributing to the overall growth and prosperity of both the employees and the company.

The District of Columbia Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is a comprehensive employee compensation program offered by the company based in the District of Columbia. This plan provides eligible employees with the opportunity to participate in the company's financial success and benefit from the appreciation in the value of its stock. Through the Helene Curtis Industries, Inc. Stock Appreciation Right Plan, employees are granted the right to receive cash or stock equivalent to the increase in the value of the company's stock over a specified period of time. This appreciation is measured by the stock's price at the grant date and the price at the exercise date. One of the key benefits of this plan is that it incentivizes employees to contribute their efforts towards the success and growth of Helene Curtis Industries, Inc. As the stock price rises, employees are rewarded for their contributions, aligning their interests with the company's long-term goals and objectives. This helps in fostering a sense of ownership and motivation among employees. The District of Columbia Stock Appreciation Right Plan of Helene Curtis Industries, Inc. offers various types of stock appreciation rights to cater to the diverse needs of employees. These include: 1. Standard Stock Appreciation Rights (SARS): These are the most common type of appreciation rights granted to eligible employees. SARS provides the right to receive cash or stock equivalent to the increase in the stock's value, offering employees a direct compensation link to the company's performance. 2. Performance-Based SARS: This type of appreciation right is tied to specific performance goals set by the company. Eligible employees receive the rights to appreciate in stock value only if predetermined targets, such as revenue growth or profitability, are achieved. Performance-based SARS are designed to motivate employees towards achieving specific objectives and rewarding them accordingly. 3. Restricted Stock Appreciation Rights: Restricted SARS are granted to employees subject to certain conditions, such as a minimum service period or achievement of performance milestones. These rights encourage employee retention and provide an additional incentive for long-term commitment and loyalty. The District of Columbia Stock Appreciation Right Plan of Helene Curtis Industries, Inc. reflects the company's commitment to rewarding and retaining talented employees by providing them with a stake in its financial success. With various types of appreciation rights tailored to different criteria, this comprehensive plan offers a flexible and effective approach to employee compensation and motivation, ultimately contributing to the overall growth and prosperity of both the employees and the company.