The Kentucky Restricted Stock Award Plan is a key element of the compensation program offered by Coca-Cola Enterprises, Inc. This plan provides employees in the state of Kentucky with the opportunity to receive stock awards as a part of their overall compensation package. Under the Kentucky Restricted Stock Award Plan, eligible employees of Coca-Cola Enterprises, Inc. can be granted restricted stock units (RSS) as a reward for their performance and contributions to the company. RSS represents a commitment to issue company stock to the employee at a future date, subject to certain restrictions and conditions. The plan is designed to incentivize and reward employees, aligning their interests with the long-term success of Coca-Cola Enterprises, Inc. By offering these restricted stock awards, the company aims to motivate employees to enhance performance, promote loyalty, and drive shareholder value. Different types of Kentucky Restricted Stock Award Plans may exist within Coca-Cola Enterprises, Inc. depending on the specific parameters and eligibility criteria determined for each employee group. These plans could include variations based on an individual's position within the company, tenure, or performance levels. One possible variant is the Executive Restricted Stock Award Plan, which may be tailored to high-level executives and senior leaders. This plan could offer larger stock grants or additional performance-based criteria to meet the unique objectives and responsibilities of top-tier employees. Another potential type is the Employee Share Purchase Plan, which allows eligible employees to purchase company stock at a discounted price. While not a traditional restricted stock award, this plan offers employees the opportunity to acquire company shares and participate in its growth. Overall, the Kentucky Restricted Stock Award Plan represents a valuable component of Coca-Cola Enterprises, Inc.'s compensation program. By granting eligible employees restricted stock units, the plan aims to align their interests with the company's success while promoting loyalty and driving long-term shareholder value.
Kentucky Restricted Stock Award Plan of Coca-Cola Enterprises, Inc.
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