Indiana 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 Indiana Stock Appreciation Right (SAR) Plan of Helene Curtis Industries, Inc. is a compensation program offered by the company to its employees. This plan provides eligible employees with an opportunity to receive additional compensation based on the appreciation in the value of the company's stock. Under this program, employees are granted stock appreciation rights, which entitle them to receive cash payments based on the increase in the price of the company's stock over a specified period of time. The SARS can be exercised by the employees at a predetermined price, also known as the grant price. When exercised, the employees will receive the difference between the current market price and the grant price in cash. The Indiana Stock Appreciation Right Plan is designed to align the interests of the employees with those of the shareholders. By linking compensation to the stock's performance, employees are motivated to contribute to the company's growth and success. It also serves as a retention tool, incentivizing employees to stay with the company for the long term. It is important to note that there may be different types or variations of the Indiana Stock Appreciation Right Plan of Helene Curtis Industries, Inc. These variations can be based on eligibility criteria, vesting schedules, exercise periods, and other terms and conditions. Some different types of SAR plans that may be offered include: 1. Standard Stock Appreciation Right Plan: This is the basic version of the plan where eligible employees are granted SARS, which can be exercised at a future date for cash payment equal to the stock price appreciation. 2. Performance-Based Stock Appreciation Right Plan: This type of plan may have additional performance criteria attached to the SARS. Employees will be eligible for cash payments based on the stock price appreciation only if certain performance goals or targets are met. 3. Restricted Stock Appreciation Right Plan: In this plan, SARS are granted to employees subject to certain restrictions, such as a vesting period. Employees will have the right to exercise the SARS and receive cash payments only after the restrictions are lifted. 4. Cash-Settled Stock Appreciation Right Plan: Instead of receiving cash equal to the stock price appreciation, employees are given the option to settle their SARS in company shares. The company will then pay the cash equivalent of the stock price appreciation. In conclusion, the Indiana Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is a compensation program that provides eligible employees with an opportunity to earn additional cash payments based on the appreciation in the company's stock price. Various types of SAR plans may exist, each with different eligibility criteria, vesting schedules, and conditions for exercise and payment.

The Indiana Stock Appreciation Right (SAR) Plan of Helene Curtis Industries, Inc. is a compensation program offered by the company to its employees. This plan provides eligible employees with an opportunity to receive additional compensation based on the appreciation in the value of the company's stock. Under this program, employees are granted stock appreciation rights, which entitle them to receive cash payments based on the increase in the price of the company's stock over a specified period of time. The SARS can be exercised by the employees at a predetermined price, also known as the grant price. When exercised, the employees will receive the difference between the current market price and the grant price in cash. The Indiana Stock Appreciation Right Plan is designed to align the interests of the employees with those of the shareholders. By linking compensation to the stock's performance, employees are motivated to contribute to the company's growth and success. It also serves as a retention tool, incentivizing employees to stay with the company for the long term. It is important to note that there may be different types or variations of the Indiana Stock Appreciation Right Plan of Helene Curtis Industries, Inc. These variations can be based on eligibility criteria, vesting schedules, exercise periods, and other terms and conditions. Some different types of SAR plans that may be offered include: 1. Standard Stock Appreciation Right Plan: This is the basic version of the plan where eligible employees are granted SARS, which can be exercised at a future date for cash payment equal to the stock price appreciation. 2. Performance-Based Stock Appreciation Right Plan: This type of plan may have additional performance criteria attached to the SARS. Employees will be eligible for cash payments based on the stock price appreciation only if certain performance goals or targets are met. 3. Restricted Stock Appreciation Right Plan: In this plan, SARS are granted to employees subject to certain restrictions, such as a vesting period. Employees will have the right to exercise the SARS and receive cash payments only after the restrictions are lifted. 4. Cash-Settled Stock Appreciation Right Plan: Instead of receiving cash equal to the stock price appreciation, employees are given the option to settle their SARS in company shares. The company will then pay the cash equivalent of the stock price appreciation. In conclusion, the Indiana Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is a compensation program that provides eligible employees with an opportunity to earn additional cash payments based on the appreciation in the company's stock price. Various types of SAR plans may exist, each with different eligibility criteria, vesting schedules, and conditions for exercise and payment.