Georgia 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 Georgia Restricted Stock Award Plan of Coca-Cola Enterprises, Inc. is an incentive program offered to employees in Georgia, USA. This plan aims to provide additional compensation and incentives to eligible employees who meet certain criteria. The plan includes various types of restricted stock awards that can be granted to employees based on their performance and contributions. One type of restricted stock award under this plan is the Performance-Based Restricted Stock Award. This award is given to employees who achieve predetermined performance goals set by the company. These goals are typically related to the financial performance of Coca-Cola Enterprises, Inc. and are designed to align the employees' efforts with the company's overall objectives. Another type of restricted stock award is the Time-Vesting Restricted Stock Award. This award is granted to employees based on their tenure with the company. As employees accumulate years of service, they become eligible for a certain number of restricted stock shares. These shares are typically subject to a vesting schedule, where employees must wait for a specified period before they can fully own the shares. Furthermore, the Georgia Restricted Stock Award Plan may also include provisions for Dividend Equivalent Rights. These rights allow employees who hold restricted stock awards to receive payments equivalent to the dividends that would have been paid on their shares if they had been fully vested and owned by the employees. Participating in the Georgia Restricted Stock Award Plan can provide numerous benefits for eligible employees. These benefits include potential capital appreciation if the company's stock price increases over time, dividend payments, and a sense of ownership and alignment with the company's success. However, it is important to note that participation in this plan is subject to eligibility requirements and the terms and conditions set forth by Coca-Cola Enterprises, Inc. Overall, the Georgia Restricted Stock Award Plan of Coca-Cola Enterprises, Inc. serves as a valuable tool to attract, reward, and retain talented employees in the state of Georgia. Through various types of restricted stock awards, the plan aligns employee performance and tenure with the company's goals while promoting long-term shareholder value. Employees who qualify for this program have the opportunity to enhance their compensation packages and share in the success of Coca-Cola Enterprises, Inc.

The Georgia Restricted Stock Award Plan of Coca-Cola Enterprises, Inc. is an incentive program offered to employees in Georgia, USA. This plan aims to provide additional compensation and incentives to eligible employees who meet certain criteria. The plan includes various types of restricted stock awards that can be granted to employees based on their performance and contributions. One type of restricted stock award under this plan is the Performance-Based Restricted Stock Award. This award is given to employees who achieve predetermined performance goals set by the company. These goals are typically related to the financial performance of Coca-Cola Enterprises, Inc. and are designed to align the employees' efforts with the company's overall objectives. Another type of restricted stock award is the Time-Vesting Restricted Stock Award. This award is granted to employees based on their tenure with the company. As employees accumulate years of service, they become eligible for a certain number of restricted stock shares. These shares are typically subject to a vesting schedule, where employees must wait for a specified period before they can fully own the shares. Furthermore, the Georgia Restricted Stock Award Plan may also include provisions for Dividend Equivalent Rights. These rights allow employees who hold restricted stock awards to receive payments equivalent to the dividends that would have been paid on their shares if they had been fully vested and owned by the employees. Participating in the Georgia Restricted Stock Award Plan can provide numerous benefits for eligible employees. These benefits include potential capital appreciation if the company's stock price increases over time, dividend payments, and a sense of ownership and alignment with the company's success. However, it is important to note that participation in this plan is subject to eligibility requirements and the terms and conditions set forth by Coca-Cola Enterprises, Inc. Overall, the Georgia Restricted Stock Award Plan of Coca-Cola Enterprises, Inc. serves as a valuable tool to attract, reward, and retain talented employees in the state of Georgia. Through various types of restricted stock awards, the plan aligns employee performance and tenure with the company's goals while promoting long-term shareholder value. Employees who qualify for this program have the opportunity to enhance their compensation packages and share in the success of Coca-Cola Enterprises, Inc.