Idaho 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 Idaho Restricted Stock Award Plan (RAP) of Coca-Cola Enterprises, Inc. is a comprehensive compensation program designed to incentivize and reward key employees in Idaho. This plan offers various types of restricted stock awards to eligible participants, aligning their interests with the long-term success and growth of the company. One type of restricted stock award offered under this plan is the Performance-Based Stock Award (BSA). The BSA is granted to participants based on predetermined performance goals and targets set by the company. By meeting or exceeding these goals, participants become eligible to receive the restricted stock units. This type of award promotes a culture of performance and encourages employees to contribute actively towards the company's success. Another type of restricted stock award is the Time-Based Stock Award (BSA). The BSA is granted to participants based on their tenure with the company. Over a specified vesting period, the recipient gradually gains ownership of the granted shares, providing a long-term incentive for employees to remain loyal and committed to Coca-Cola Enterprises, Inc. The Idaho RAP focuses on attracting and retaining top talent by providing a valuable and competitive compensation package. It aims to motivate employees by linking their personal financial growth to the company's performance. By using restricted stock awards, Coca-Cola Enterprises, Inc. ensures that employees share in the success of the company while remaining committed to its long-term objectives. Participants in the Idaho RAP have the opportunity to accumulate wealth and enhance their personal financial situation through ownership of Coca-Cola Enterprises, Inc. stock. As the stock vests over time or based on performance, participants can benefit from potential stock price appreciation and dividends, fostering a sense of ownership and pride in the company's achievements. Overall, the Idaho Restricted Stock Award Plan of Coca-Cola Enterprises, Inc. is a strategic compensation program designed to attract, retain, and motivate key employees. By offering various types of restricted stock awards, it ensures that participants are engaged, aligned with the company's goals, and are rewarded for their valuable contributions.

The Idaho Restricted Stock Award Plan (RAP) of Coca-Cola Enterprises, Inc. is a comprehensive compensation program designed to incentivize and reward key employees in Idaho. This plan offers various types of restricted stock awards to eligible participants, aligning their interests with the long-term success and growth of the company. One type of restricted stock award offered under this plan is the Performance-Based Stock Award (BSA). The BSA is granted to participants based on predetermined performance goals and targets set by the company. By meeting or exceeding these goals, participants become eligible to receive the restricted stock units. This type of award promotes a culture of performance and encourages employees to contribute actively towards the company's success. Another type of restricted stock award is the Time-Based Stock Award (BSA). The BSA is granted to participants based on their tenure with the company. Over a specified vesting period, the recipient gradually gains ownership of the granted shares, providing a long-term incentive for employees to remain loyal and committed to Coca-Cola Enterprises, Inc. The Idaho RAP focuses on attracting and retaining top talent by providing a valuable and competitive compensation package. It aims to motivate employees by linking their personal financial growth to the company's performance. By using restricted stock awards, Coca-Cola Enterprises, Inc. ensures that employees share in the success of the company while remaining committed to its long-term objectives. Participants in the Idaho RAP have the opportunity to accumulate wealth and enhance their personal financial situation through ownership of Coca-Cola Enterprises, Inc. stock. As the stock vests over time or based on performance, participants can benefit from potential stock price appreciation and dividends, fostering a sense of ownership and pride in the company's achievements. Overall, the Idaho Restricted Stock Award Plan of Coca-Cola Enterprises, Inc. is a strategic compensation program designed to attract, retain, and motivate key employees. By offering various types of restricted stock awards, it ensures that participants are engaged, aligned with the company's goals, and are rewarded for their valuable contributions.