Kansas 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 Kansas Stock Appreciation Right Plan (KS ARP) is a compensation plan implemented by the Helene Curtis Industries, Inc., a renowned company in the personal care and beauty industry. This plan is designed to provide incentives for key employees and executives by granting them stock appreciation rights (SARS) based on the company's performance and stock value. Under the Kansas Stock Appreciation Right Plan, eligible participants are granted the right to receive cash or company stock equivalent to the increase in the value of a specified number of shares over a specified period. This is achieved by setting a base price for the shares and comparing it to the stock's fair market value at the time of exercise. The appreciation in value between these two values is what the participants receive. This compensation plan aims to align the interests of employees with the company's success and stockholder value. By awarding SARS, Helene Curtis Industries motivates employees to work towards enhancing the company's performance, profitability, and stock price. This, in turn, ensures that employees are incentivized to contribute to the company's growth and overall success. The Kansas Stock Appreciation Right Plan of Helene Curtis Industries, Inc. may consist of different types or components, depending on the specific provisions put in place by the company. These variations may be designed to accommodate different employee levels, roles, or objectives. Some potential types of KS ARP components could include: 1. Executive Stock Appreciation Rights: This SARS is exclusively offered to top-level executives, such as the CEO, CFO, or Senior Vice Presidents. This component aims to retain and motivate key leadership personnel who have a significant impact on the company's strategic decisions and long-term success. 2. Employee Stock Appreciation Rights: This component extends the KS ARP benefits to a broader group of eligible employees throughout various levels of the company. By including employees at different tiers, Helene Curtis Industries fosters a sense of ownership and loyalty among its workforce, ultimately driving performance and innovation. 3. Performance-Based Stock Appreciation Rights: This type of KS ARP component might be tied to specific performance goals, such as achieving revenue targets, expansion into new markets, or successfully launching new product lines. Performance-based SARS provide additional motivation and rewards for meeting or exceeding these predefined objectives. 4. Long-Term Stock Appreciation Rights: This component of the KS ARP is tailored to incentivize long-term commitment from eligible participants. By extending the vesting period, Helene Curtis Industries encourages employees to remain with the company for an extended period, aiming to foster stronger loyalty and stability within the organization. The Kansas Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is a valuable compensation tool that enhances employee commitment, performance, and the company's overall progress. By granting SARS to employees and key executives, the company aligns the interests of its workforce with the goal of driving stockholder value and achieving sustained growth in the highly competitive personal care industry.

The Kansas Stock Appreciation Right Plan (KS ARP) is a compensation plan implemented by the Helene Curtis Industries, Inc., a renowned company in the personal care and beauty industry. This plan is designed to provide incentives for key employees and executives by granting them stock appreciation rights (SARS) based on the company's performance and stock value. Under the Kansas Stock Appreciation Right Plan, eligible participants are granted the right to receive cash or company stock equivalent to the increase in the value of a specified number of shares over a specified period. This is achieved by setting a base price for the shares and comparing it to the stock's fair market value at the time of exercise. The appreciation in value between these two values is what the participants receive. This compensation plan aims to align the interests of employees with the company's success and stockholder value. By awarding SARS, Helene Curtis Industries motivates employees to work towards enhancing the company's performance, profitability, and stock price. This, in turn, ensures that employees are incentivized to contribute to the company's growth and overall success. The Kansas Stock Appreciation Right Plan of Helene Curtis Industries, Inc. may consist of different types or components, depending on the specific provisions put in place by the company. These variations may be designed to accommodate different employee levels, roles, or objectives. Some potential types of KS ARP components could include: 1. Executive Stock Appreciation Rights: This SARS is exclusively offered to top-level executives, such as the CEO, CFO, or Senior Vice Presidents. This component aims to retain and motivate key leadership personnel who have a significant impact on the company's strategic decisions and long-term success. 2. Employee Stock Appreciation Rights: This component extends the KS ARP benefits to a broader group of eligible employees throughout various levels of the company. By including employees at different tiers, Helene Curtis Industries fosters a sense of ownership and loyalty among its workforce, ultimately driving performance and innovation. 3. Performance-Based Stock Appreciation Rights: This type of KS ARP component might be tied to specific performance goals, such as achieving revenue targets, expansion into new markets, or successfully launching new product lines. Performance-based SARS provide additional motivation and rewards for meeting or exceeding these predefined objectives. 4. Long-Term Stock Appreciation Rights: This component of the KS ARP is tailored to incentivize long-term commitment from eligible participants. By extending the vesting period, Helene Curtis Industries encourages employees to remain with the company for an extended period, aiming to foster stronger loyalty and stability within the organization. The Kansas Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is a valuable compensation tool that enhances employee commitment, performance, and the company's overall progress. By granting SARS to employees and key executives, the company aligns the interests of its workforce with the goal of driving stockholder value and achieving sustained growth in the highly competitive personal care industry.