District of Columbia 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 District of Columbia Stock Appreciation Rights Plan, initiated by The Todd-AO Corporation, is a comprehensive compensation program designed to attract and retain talented individuals by offering them the opportunity to benefit from the increase in the company's stock price over a specified period. This plan is primarily intended for employees and executives as a way to incentivize their efforts towards the company's growth and success. The Todd-AO Corporation's Stock Appreciation Rights (SAR) Plan comprises several variants that cater to different employee levels and objectives within the organization. The key types of SARS offered by the District of Columbia-based company are: 1. Employee Stock Appreciation Rights: This plan is designed for regular employees in the District of Columbia area who contribute to the company's growth. It enables them to share in the company's success by granting the right to receive the appreciation in stock value over a predetermined period. 2. Executive Stock Appreciation Rights: As the name suggests, this plan is exclusively designed for high-level executives and top-tier management in The Todd-AO Corporation. Executives are offered SARS as part of their executive compensation package, which not only motivates them to drive the company's performance but also aligns their interests with those of the shareholders. 3. Performance-Based Stock Appreciation Rights: This type of SAR plan highlights the performance-driven aspect of the compensation program. Employees and executives are granted SARS contingent upon the achievement of predefined performance targets, such as revenue growth, market share increase, or profitability. This encourages individuals to actively contribute and foster success in these specific areas of the business. 4. Time-Vested Stock Appreciation Rights: Under this plan, employees and executives are provided SARS that vest over a predetermined period of time. The vesting schedule ensures that the participants remain committed to the company for the long haul, preventing premature departures, and fostering loyalty. The Todd-AO Corporation's District of Columbia Stock Appreciation Rights Plan offers various advantages to both the company and its participants. For the corporation, it serves as a tool for attracting and retaining top talent, motivating employees towards improved performance, and linking their compensation directly to the company's stock price. On the other hand, employees and executives gain the opportunity to share in the financial rewards of the company's growth and success, thus contributing to their motivation, job satisfaction, and long-term commitment. Overall, the District of Columbia Stock Appreciation Rights Plan of The Todd-AO Corporation serves as a powerful compensation tool, providing employees and executives in various roles with meaningful incentives tied to the company's performance and stock value.

The District of Columbia Stock Appreciation Rights Plan, initiated by The Todd-AO Corporation, is a comprehensive compensation program designed to attract and retain talented individuals by offering them the opportunity to benefit from the increase in the company's stock price over a specified period. This plan is primarily intended for employees and executives as a way to incentivize their efforts towards the company's growth and success. The Todd-AO Corporation's Stock Appreciation Rights (SAR) Plan comprises several variants that cater to different employee levels and objectives within the organization. The key types of SARS offered by the District of Columbia-based company are: 1. Employee Stock Appreciation Rights: This plan is designed for regular employees in the District of Columbia area who contribute to the company's growth. It enables them to share in the company's success by granting the right to receive the appreciation in stock value over a predetermined period. 2. Executive Stock Appreciation Rights: As the name suggests, this plan is exclusively designed for high-level executives and top-tier management in The Todd-AO Corporation. Executives are offered SARS as part of their executive compensation package, which not only motivates them to drive the company's performance but also aligns their interests with those of the shareholders. 3. Performance-Based Stock Appreciation Rights: This type of SAR plan highlights the performance-driven aspect of the compensation program. Employees and executives are granted SARS contingent upon the achievement of predefined performance targets, such as revenue growth, market share increase, or profitability. This encourages individuals to actively contribute and foster success in these specific areas of the business. 4. Time-Vested Stock Appreciation Rights: Under this plan, employees and executives are provided SARS that vest over a predetermined period of time. The vesting schedule ensures that the participants remain committed to the company for the long haul, preventing premature departures, and fostering loyalty. The Todd-AO Corporation's District of Columbia Stock Appreciation Rights Plan offers various advantages to both the company and its participants. For the corporation, it serves as a tool for attracting and retaining top talent, motivating employees towards improved performance, and linking their compensation directly to the company's stock price. On the other hand, employees and executives gain the opportunity to share in the financial rewards of the company's growth and success, thus contributing to their motivation, job satisfaction, and long-term commitment. Overall, the District of Columbia Stock Appreciation Rights Plan of The Todd-AO Corporation serves as a powerful compensation tool, providing employees and executives in various roles with meaningful incentives tied to the company's performance and stock value.