Indiana 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 Indiana Restricted Stock Award Plan of Coca-Cola Enterprises, Inc. is a comprehensive employee benefit program designed to incentivize and retain talented individuals within the organization. This plan is specifically tailored for employees based in the state of Indiana. Under this program, eligible employees are granted restricted stock awards as part of their compensation package. These awards are subject to certain restrictions and vesting schedules, which ensure that employees stay committed to the company's long-term growth. The Indiana Restricted Stock Award Plan of Coca-Cola Enterprises, Inc. offers various types of awards, including performance-based and time-based grants. Performance-based grants are tied to the achievement of specific goals, such as revenue targets or market share growth. On the other hand, time-based grants simply require employees to work for a predetermined period of time before the awards fully vest. In addition to the typical restrictions and vesting periods, there may be different tiers or levels within the plan based on an employee's position or tenure. This means that higher-level executives or employees with longer service may be eligible for more substantial awards. One key feature of this plan is the ability for participants to receive dividends on their restricted stock awards. Dividends are typically paid out in cash or additional stock and provide employees with a tangible return on their investment in the company. The Indiana Restricted Stock Award Plan of Coca-Cola Enterprises, Inc. is carefully designed to align the interests of employees with those of the company's shareholders. By granting employees ownership in the form of restricted stock, the plan promotes a sense of ownership and accountability, ultimately driving better performance and long-term value creation. It's worth noting that the specific details and terms of the Indiana Restricted Stock Award Plan may vary depending on the individual's employment agreement, position, and the company's overall performance. Employees should refer to the plan's official documentation or consult their human resources department for comprehensive information regarding their eligibility, terms, and conditions.

The Indiana Restricted Stock Award Plan of Coca-Cola Enterprises, Inc. is a comprehensive employee benefit program designed to incentivize and retain talented individuals within the organization. This plan is specifically tailored for employees based in the state of Indiana. Under this program, eligible employees are granted restricted stock awards as part of their compensation package. These awards are subject to certain restrictions and vesting schedules, which ensure that employees stay committed to the company's long-term growth. The Indiana Restricted Stock Award Plan of Coca-Cola Enterprises, Inc. offers various types of awards, including performance-based and time-based grants. Performance-based grants are tied to the achievement of specific goals, such as revenue targets or market share growth. On the other hand, time-based grants simply require employees to work for a predetermined period of time before the awards fully vest. In addition to the typical restrictions and vesting periods, there may be different tiers or levels within the plan based on an employee's position or tenure. This means that higher-level executives or employees with longer service may be eligible for more substantial awards. One key feature of this plan is the ability for participants to receive dividends on their restricted stock awards. Dividends are typically paid out in cash or additional stock and provide employees with a tangible return on their investment in the company. The Indiana Restricted Stock Award Plan of Coca-Cola Enterprises, Inc. is carefully designed to align the interests of employees with those of the company's shareholders. By granting employees ownership in the form of restricted stock, the plan promotes a sense of ownership and accountability, ultimately driving better performance and long-term value creation. It's worth noting that the specific details and terms of the Indiana Restricted Stock Award Plan may vary depending on the individual's employment agreement, position, and the company's overall performance. Employees should refer to the plan's official documentation or consult their human resources department for comprehensive information regarding their eligibility, terms, and conditions.