Florida Restricted Stock Award Plan of Coca-Cola Enterprises, Inc.

• Category: Corporations - Public - Incentive Compensation Plans
• State: Multi-State
• Control #: US-CC-20-163H
• Format: Word; Rich Text

Description

20-163H 20-163H . . . Restricted Stock Award Plan under which committee of Board of Directors can (a) grant restricted stock to officers and key employees of corporation and (b) reimburse such persons for amounts payable by them as consequence of any such award The Florida Restricted Stock Award Plan of Coca-Cola Enterprises, Inc. (CCE) is a comprehensive compensation program designed to incentivize and reward employees based in Florida. This plan offers several variations, each tailored to different employee levels and objectives within the company. The Florida Restricted Stock Award Plan functions as a long-term incentive program, allowing eligible employees to receive company stocks as a form of compensation. These awards are typically subject to certain restrictions and conditions determined by the plan. They are designed to motivate employees to contribute to the long-term success and growth of CCE, aligning their interests with those of the shareholders. One of the variations of the Florida Restricted Stock Award Plan is the Executive Restricted Stock Program, which specifically targets high-level executives within the company. This program offers a significant stock-based compensation package to reward and retain top talent. It serves as a powerful tool to reinforce the company's commitment to attracting and retaining competent leaders. Another type within this plan is the Employee Stock Purchase Plan (ESPN), which gives eligible employees an opportunity to purchase company stocks at a discounted price. This plan encourages employees to become shareholders and offers them a sense of ownership and vested interest in the success of CCE. The Performance-Based Restricted Stock Awards is another component of the Florida Restricted Stock Award Plan. This type of award provides employees with the opportunity to receive additional stock grants based on the achievement of predetermined performance targets or goals. By linking rewards to specific performance objectives, this plan aims to further align employee efforts with the company's overall growth strategy. Additionally, the Florida Restricted Stock Award Plan may include provisions for restricted stock unit grants. These grants transfer ownership of specific stock units to employees at a future date, typically after a vesting period or predetermined performance milestones have been met. This type allows for a delayed ownership transfer and is often used to reward exceptional performance or promote long-term loyalty. Overall, the Florida Restricted Stock Award Plan of Coca-Cola Enterprises, Inc. is a comprehensive and versatile compensation program. With its various types, it aims to motivate, reward, and retain talented employees at different levels within the organization. By using stock-based incentives, this plan reinforces the company's commitment to aligning employee interests with long-term company success.

The Florida Restricted Stock Award Plan of Coca-Cola Enterprises, Inc. (CCE) is a comprehensive compensation program designed to incentivize and reward employees based in Florida. This plan offers several variations, each tailored to different employee levels and objectives within the company. The Florida Restricted Stock Award Plan functions as a long-term incentive program, allowing eligible employees to receive company stocks as a form of compensation. These awards are typically subject to certain restrictions and conditions determined by the plan. They are designed to motivate employees to contribute to the long-term success and growth of CCE, aligning their interests with those of the shareholders. One of the variations of the Florida Restricted Stock Award Plan is the Executive Restricted Stock Program, which specifically targets high-level executives within the company. This program offers a significant stock-based compensation package to reward and retain top talent. It serves as a powerful tool to reinforce the company's commitment to attracting and retaining competent leaders. Another type within this plan is the Employee Stock Purchase Plan (ESPN), which gives eligible employees an opportunity to purchase company stocks at a discounted price. This plan encourages employees to become shareholders and offers them a sense of ownership and vested interest in the success of CCE. The Performance-Based Restricted Stock Awards is another component of the Florida Restricted Stock Award Plan. This type of award provides employees with the opportunity to receive additional stock grants based on the achievement of predetermined performance targets or goals. By linking rewards to specific performance objectives, this plan aims to further align employee efforts with the company's overall growth strategy. Additionally, the Florida Restricted Stock Award Plan may include provisions for restricted stock unit grants. These grants transfer ownership of specific stock units to employees at a future date, typically after a vesting period or predetermined performance milestones have been met. This type allows for a delayed ownership transfer and is often used to reward exceptional performance or promote long-term loyalty. Overall, the Florida Restricted Stock Award Plan of Coca-Cola Enterprises, Inc. is a comprehensive and versatile compensation program. With its various types, it aims to motivate, reward, and retain talented employees at different levels within the organization. By using stock-based incentives, this plan reinforces the company's commitment to aligning employee interests with long-term company success.