Mississippi 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 Mississippi Stock Appreciation Right Plan, also known as the MS SHARP, is an employee incentive program offered by Helene Curtis Industries, Inc., a prominent company in the beauty and personal care industry. This plan aims to reward and motivate employees by granting them stock appreciation rights (SARS) based on the company's performance and stock price. Under the Mississippi Stock Appreciation Right Plan, eligible employees are granted the right to receive an appreciation in the value of a company's stock over a specified period. This appreciation can be received either in cash or through stock shares, depending on the individual's preference. The program is designed to align the interests of employees with those of the shareholders, as it offers a financial benefit tied to the company's stock performance. Helene Curtis Industries, Inc. offers different types of Mississippi Stock Appreciation Right Plans to cater to varying employee needs and requirements. One of the primary variations of this plan is the Performance-Based SAR Plan. This variant rewards employees based on predetermined performance goals, which can be specific to individual, team, or company-wide achievements. Another type of Mississippi Stock Appreciation Right Plan is the Time-Based SAR Plan. Unlike the performance-based variant, this plan focuses on rewarding employees based on their length of service and loyalty to the company. Over time, employees become eligible for SARS that appreciate in value the longer they remain with Helene Curtis Industries, Inc. The Mississippi Stock Appreciation Right Plan aims to attract, retain, and motivate employees, providing them with a sense of ownership and involvement in the company's growth. By offering potential monetary gains tied to the success of the business, this incentive plan encourages employees to contribute their best efforts and actively participate in accomplishing the company's goals. As an industry leader, Helene Curtis Industries, Inc. understands the importance of fostering a positive and motivated workforce. The Mississippi Stock Appreciation Right Plan serves as an effective tool to not only reward employees but also strengthen their commitment to the company, encouraging innovation, productivity, and teamwork. In summary, the Mississippi Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is an employee incentive program that grants eligible individuals the right to receive an appreciation in the value of the company's stock. By offering various types of plans, including performance-based and time-based variants, this program aims to motivate employees, align their interests with shareholders, and promote long-term loyalty.

The Mississippi Stock Appreciation Right Plan, also known as the MS SHARP, is an employee incentive program offered by Helene Curtis Industries, Inc., a prominent company in the beauty and personal care industry. This plan aims to reward and motivate employees by granting them stock appreciation rights (SARS) based on the company's performance and stock price. Under the Mississippi Stock Appreciation Right Plan, eligible employees are granted the right to receive an appreciation in the value of a company's stock over a specified period. This appreciation can be received either in cash or through stock shares, depending on the individual's preference. The program is designed to align the interests of employees with those of the shareholders, as it offers a financial benefit tied to the company's stock performance. Helene Curtis Industries, Inc. offers different types of Mississippi Stock Appreciation Right Plans to cater to varying employee needs and requirements. One of the primary variations of this plan is the Performance-Based SAR Plan. This variant rewards employees based on predetermined performance goals, which can be specific to individual, team, or company-wide achievements. Another type of Mississippi Stock Appreciation Right Plan is the Time-Based SAR Plan. Unlike the performance-based variant, this plan focuses on rewarding employees based on their length of service and loyalty to the company. Over time, employees become eligible for SARS that appreciate in value the longer they remain with Helene Curtis Industries, Inc. The Mississippi Stock Appreciation Right Plan aims to attract, retain, and motivate employees, providing them with a sense of ownership and involvement in the company's growth. By offering potential monetary gains tied to the success of the business, this incentive plan encourages employees to contribute their best efforts and actively participate in accomplishing the company's goals. As an industry leader, Helene Curtis Industries, Inc. understands the importance of fostering a positive and motivated workforce. The Mississippi Stock Appreciation Right Plan serves as an effective tool to not only reward employees but also strengthen their commitment to the company, encouraging innovation, productivity, and teamwork. In summary, the Mississippi Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is an employee incentive program that grants eligible individuals the right to receive an appreciation in the value of the company's stock. By offering various types of plans, including performance-based and time-based variants, this program aims to motivate employees, align their interests with shareholders, and promote long-term loyalty.