Missouri 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 Missouri Stock Appreciation Right Plan (SAR Plan) of Helene Curtis Industries, Inc. is an employee incentive program that allows eligible employees to receive compensation in the form of stock appreciation rights. The plan is designed to provide employees with an opportunity to participate in the company's financial success and align their interests with those of the shareholders. The SAR Plan operates by granting stock appreciation rights to participating employees. These rights enable employees to receive cash compensation equivalent to the increase in the value of a specified number of company shares over a predetermined period. The appreciation occurs between the date of grant and the date of exercise, allowing employees to benefit from the growth of the company's stock. One type of SAR Plan under the Helene Curtis Industries, Inc. is the Performance-Based SAR. This plan links the employees' stock appreciation rights to predefined performance objectives or milestones. The performance objectives may include financial targets such as revenue growth, earnings per share, or return on investment. By adopting a performance-based approach, the company aims to incentivize employees to contribute to the company's growth and profitability. Another type of SAR Plan offered by Helene Curtis Industries, Inc. may be the Time-Based SAR Plan. In contrast to the Performance-Based SAR, this plan provides the employees with stock appreciation rights that vest over a specific period of time, regardless of the company's performance. This type of plan rewards employees based on their longevity and commitment to the organization, giving them the opportunity to benefit from the overall increase in the company's stock value. The Missouri Stock Appreciation Right Plan is a valuable tool for Helene Curtis Industries, Inc. in attracting and retaining talented employees. By offering employees the chance to share in the company's success, the plan motivates them to contribute to the long-term growth and profitability of the organization. It aligns the interests of the employees with those of the shareholders, fostering a culture of ownership and dedication within the company. Overall, the Missouri Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is a comprehensive program that provides employees with an opportunity to receive compensation in the form of stock appreciation rights. By offering different types of plans, such as Performance-Based SAR and Time-Based SAR, the company ensures that the program meets the diverse needs of its workforce. This employee incentive program is a testament to the company's commitment to fostering a positive and rewarding work environment.

The Missouri Stock Appreciation Right Plan (SAR Plan) of Helene Curtis Industries, Inc. is an employee incentive program that allows eligible employees to receive compensation in the form of stock appreciation rights. The plan is designed to provide employees with an opportunity to participate in the company's financial success and align their interests with those of the shareholders. The SAR Plan operates by granting stock appreciation rights to participating employees. These rights enable employees to receive cash compensation equivalent to the increase in the value of a specified number of company shares over a predetermined period. The appreciation occurs between the date of grant and the date of exercise, allowing employees to benefit from the growth of the company's stock. One type of SAR Plan under the Helene Curtis Industries, Inc. is the Performance-Based SAR. This plan links the employees' stock appreciation rights to predefined performance objectives or milestones. The performance objectives may include financial targets such as revenue growth, earnings per share, or return on investment. By adopting a performance-based approach, the company aims to incentivize employees to contribute to the company's growth and profitability. Another type of SAR Plan offered by Helene Curtis Industries, Inc. may be the Time-Based SAR Plan. In contrast to the Performance-Based SAR, this plan provides the employees with stock appreciation rights that vest over a specific period of time, regardless of the company's performance. This type of plan rewards employees based on their longevity and commitment to the organization, giving them the opportunity to benefit from the overall increase in the company's stock value. The Missouri Stock Appreciation Right Plan is a valuable tool for Helene Curtis Industries, Inc. in attracting and retaining talented employees. By offering employees the chance to share in the company's success, the plan motivates them to contribute to the long-term growth and profitability of the organization. It aligns the interests of the employees with those of the shareholders, fostering a culture of ownership and dedication within the company. Overall, the Missouri Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is a comprehensive program that provides employees with an opportunity to receive compensation in the form of stock appreciation rights. By offering different types of plans, such as Performance-Based SAR and Time-Based SAR, the company ensures that the program meets the diverse needs of its workforce. This employee incentive program is a testament to the company's commitment to fostering a positive and rewarding work environment.