Guam 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 Guam Restricted Stock Award Plan of Coca-Cola Enterprises, Inc. is a comprehensive compensation program designed to reward and motivate employees of Coca-Cola Enterprises, Inc. who are based in Guam. This plan offers employees the opportunity to receive restricted stock awards as a form of performance-based compensation. Under this plan, eligible employees are granted a specific number of shares of Coca-Cola Enterprises, Inc. stock, subject to certain restrictions and conditions. These restrictions typically include a vesting period, during which the employee must remain employed by the company in order to fully benefit from the award. The vesting period is designed to incentivize long-term commitment and loyalty, as well as aligning employees' interests with the company's success. Guam Restricted Stock Award Plan offers several types of awards, including: 1. Performance-based awards: These awards are granted based on predetermined performance goals, such as financial targets, market share growth, or other relevant metrics. The attainment of these goals determines the final number of shares an employee will receive. This type of award emphasizes the importance of achieving specific objectives and driving the company's overall performance. 2. Time-based awards: These awards are granted based on the length of an employee's service and are subject to vesting over a predetermined period. As employees continue to contribute to the company's success over time, their stock awards gradually become unrestricted, providing an ongoing incentive for tenure and dedication. 3. Special awards: Occasionally, Coca-Cola Enterprises, Inc. may offer special stock awards to recognize exceptional performance or contribution by an employee. These awards are typically granted outside the regular award cycles and serve as a unique acknowledgment of an individual's outstanding achievements. Employees participating in the Guam Restricted Stock Award Plan have the opportunity to benefit from the potential appreciation of Coca-Cola Enterprises, Inc. stock, align their interests with the company's long-term success, and build personal wealth. It serves as a valuable tool for attracting, retaining, and motivating talented employees in Guam, ultimately contributing to the company's overall growth and competitiveness. Keywords: Guam Restricted Stock Award Plan, Coca-Cola Enterprises, Inc., compensation program, restricted stock awards, performance-based compensation, vesting period, long-term commitment, loyalty, performance goals, financial targets, market share growth, time-based awards, tenure, dedication, special awards, exceptional performance, contribution, potential appreciation, personal wealth, attracting talent, retaining talent, motivating employees, overall growth, competitiveness.

The Guam Restricted Stock Award Plan of Coca-Cola Enterprises, Inc. is a comprehensive compensation program designed to reward and motivate employees of Coca-Cola Enterprises, Inc. who are based in Guam. This plan offers employees the opportunity to receive restricted stock awards as a form of performance-based compensation. Under this plan, eligible employees are granted a specific number of shares of Coca-Cola Enterprises, Inc. stock, subject to certain restrictions and conditions. These restrictions typically include a vesting period, during which the employee must remain employed by the company in order to fully benefit from the award. The vesting period is designed to incentivize long-term commitment and loyalty, as well as aligning employees' interests with the company's success. Guam Restricted Stock Award Plan offers several types of awards, including: 1. Performance-based awards: These awards are granted based on predetermined performance goals, such as financial targets, market share growth, or other relevant metrics. The attainment of these goals determines the final number of shares an employee will receive. This type of award emphasizes the importance of achieving specific objectives and driving the company's overall performance. 2. Time-based awards: These awards are granted based on the length of an employee's service and are subject to vesting over a predetermined period. As employees continue to contribute to the company's success over time, their stock awards gradually become unrestricted, providing an ongoing incentive for tenure and dedication. 3. Special awards: Occasionally, Coca-Cola Enterprises, Inc. may offer special stock awards to recognize exceptional performance or contribution by an employee. These awards are typically granted outside the regular award cycles and serve as a unique acknowledgment of an individual's outstanding achievements. Employees participating in the Guam Restricted Stock Award Plan have the opportunity to benefit from the potential appreciation of Coca-Cola Enterprises, Inc. stock, align their interests with the company's long-term success, and build personal wealth. It serves as a valuable tool for attracting, retaining, and motivating talented employees in Guam, ultimately contributing to the company's overall growth and competitiveness. Keywords: Guam Restricted Stock Award Plan, Coca-Cola Enterprises, Inc., compensation program, restricted stock awards, performance-based compensation, vesting period, long-term commitment, loyalty, performance goals, financial targets, market share growth, time-based awards, tenure, dedication, special awards, exceptional performance, contribution, potential appreciation, personal wealth, attracting talent, retaining talent, motivating employees, overall growth, competitiveness.