Georgia 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 Georgia Stock Appreciation Right Plan (SAR Plan) of Helene Curtis Industries, Inc. is a compensation program offered by the company to its employees. It aims to reward and retain talented individuals by providing them with the opportunity to receive benefits based on the growth and performance of the company's stock. Under the Georgia SAR Plan, eligible employees are granted Stock Appreciation Rights, which are similar to stock options. These rights give employees the ability to earn additional compensation if the company's stock price increases over a specified period. The rights are granted as part of an employee's overall compensation package and can be exercised at a predetermined timeframe, usually after a certain vesting period. By participating in the Georgia SAR Plan, employees have the potential to benefit from the financial success of Helene Curtis Industries, Inc., aligning their interests with the company's long-term growth. It incentivizes employees to contribute to the company's overall success, as their efforts directly impact the stock price and subsequently their potential financial gain. One of the main advantages of the Georgia SAR Plan is its simplicity. The plan is designed to be easily understood by employees, allowing them to grasp the potential benefits and contribute in a more meaningful way. Additionally, the plan provides employees with the flexibility to choose when and how to exercise their Stock Appreciation Rights within the specified timeframe. It is important to note that while the Georgia SAR Plan offers an opportunity for financial gain, it is subject to various terms and conditions outlined in the plan document. Employees should carefully review the plan provisions, including vesting schedules, exercising requirements, and any potential tax implications. In summary, the Georgia Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is a compensation program that rewards eligible employees with Stock Appreciation Rights, allowing them to benefit from the growth and performance of the company's stock. The plan promotes employee retention and motivation, while aligning their interests with the long-term success of Helene Curtis Industries, Inc.

The Georgia Stock Appreciation Right Plan (SAR Plan) of Helene Curtis Industries, Inc. is a compensation program offered by the company to its employees. It aims to reward and retain talented individuals by providing them with the opportunity to receive benefits based on the growth and performance of the company's stock. Under the Georgia SAR Plan, eligible employees are granted Stock Appreciation Rights, which are similar to stock options. These rights give employees the ability to earn additional compensation if the company's stock price increases over a specified period. The rights are granted as part of an employee's overall compensation package and can be exercised at a predetermined timeframe, usually after a certain vesting period. By participating in the Georgia SAR Plan, employees have the potential to benefit from the financial success of Helene Curtis Industries, Inc., aligning their interests with the company's long-term growth. It incentivizes employees to contribute to the company's overall success, as their efforts directly impact the stock price and subsequently their potential financial gain. One of the main advantages of the Georgia SAR Plan is its simplicity. The plan is designed to be easily understood by employees, allowing them to grasp the potential benefits and contribute in a more meaningful way. Additionally, the plan provides employees with the flexibility to choose when and how to exercise their Stock Appreciation Rights within the specified timeframe. It is important to note that while the Georgia SAR Plan offers an opportunity for financial gain, it is subject to various terms and conditions outlined in the plan document. Employees should carefully review the plan provisions, including vesting schedules, exercising requirements, and any potential tax implications. In summary, the Georgia Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is a compensation program that rewards eligible employees with Stock Appreciation Rights, allowing them to benefit from the growth and performance of the company's stock. The plan promotes employee retention and motivation, while aligning their interests with the long-term success of Helene Curtis Industries, Inc.