Guam 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 Guam Stock Appreciation Right Plan (Guam SAR Plan) of Helene Curtis Industries, Inc. is a comprehensive employee incentive program designed to reward and motivate employees through the granting of stock appreciation rights. This plan provides employees with the opportunity to receive monetary benefits based on the appreciation of the company's stock value over a specified period. Under the Guam SAR Plan, eligible employees are granted stock appreciation rights, giving them the right to receive a specific amount of cash or stock, equivalent to the increase in the value of a set number of company shares during the performance period. The program aims to align employee interests with that of the company's shareholders, promoting a sense of ownership and increased dedication to achieving the company's goals. Helene Curtis Industries, Inc. offers two main types of Guam SAR Plans to its employees: 1. Performance-Based SAR Plan: In this type of plan, the stock appreciation rights are granted based on the achievement of pre-determined performance goals and targets. These goals may include financial metrics such as revenue growth, earnings per share, or market share expansion. By linking the plan to performance, Helene Curtis Industries, Inc. aims to drive employee performance and enhance shareholder value. 2. Time-Based SAR Plan: Unlike the performance-based plan, the time-based SAR Plan grants stock appreciation rights to employees based on their length of service with the company. The longer an employee remains with the company, the greater their eligibility for stock appreciation rights. This plan serves as a mechanism to reward loyalty and long-term commitment to the organization. The Guam SAR Plan of Helene Curtis Industries, Inc. represents a significant employee benefit, fostering a sense of ownership, loyalty, and motivation among its employees. By providing opportunities for financial growth through stock appreciation, the company encourages its workforce to actively contribute towards the company's success, leading to a win-win situation for both employees and shareholders.

The Guam Stock Appreciation Right Plan (Guam SAR Plan) of Helene Curtis Industries, Inc. is a comprehensive employee incentive program designed to reward and motivate employees through the granting of stock appreciation rights. This plan provides employees with the opportunity to receive monetary benefits based on the appreciation of the company's stock value over a specified period. Under the Guam SAR Plan, eligible employees are granted stock appreciation rights, giving them the right to receive a specific amount of cash or stock, equivalent to the increase in the value of a set number of company shares during the performance period. The program aims to align employee interests with that of the company's shareholders, promoting a sense of ownership and increased dedication to achieving the company's goals. Helene Curtis Industries, Inc. offers two main types of Guam SAR Plans to its employees: 1. Performance-Based SAR Plan: In this type of plan, the stock appreciation rights are granted based on the achievement of pre-determined performance goals and targets. These goals may include financial metrics such as revenue growth, earnings per share, or market share expansion. By linking the plan to performance, Helene Curtis Industries, Inc. aims to drive employee performance and enhance shareholder value. 2. Time-Based SAR Plan: Unlike the performance-based plan, the time-based SAR Plan grants stock appreciation rights to employees based on their length of service with the company. The longer an employee remains with the company, the greater their eligibility for stock appreciation rights. This plan serves as a mechanism to reward loyalty and long-term commitment to the organization. The Guam SAR Plan of Helene Curtis Industries, Inc. represents a significant employee benefit, fostering a sense of ownership, loyalty, and motivation among its employees. By providing opportunities for financial growth through stock appreciation, the company encourages its workforce to actively contribute towards the company's success, leading to a win-win situation for both employees and shareholders.