Montana Stock Appreciation Right Plan is a compensation program offered by Helene Curtis Industries, Inc. The plan provides employees with the opportunity to receive compensation based on the appreciation of the company's stock. By awarding Stock Appreciation Rights (SARS), Helene Curtis Industries motivates and rewards its employees, fostering a sense of ownership and aligning their interests with that of the company's shareholders. The Montana Stock Appreciation Right Plan is designed to incentivize and retain key employees by offering them a share in the company's success. This helps in driving performance and long-term growth while attracting top talent. SARS entitle employees to the increase in the value of the company's stock over a predetermined period, providing a financial benefit tied to the company's performance. Under the Montana Stock Appreciation Right Plan, there might be different types or variations of SARS offered to employees. These may include: 1. Deferred Stock Appreciation Rights (SARS): These rights grant employees the opportunity to defer receiving the appreciation value until a specific future event, such as retirement or vesting milestones. SARS are often used to provide long-term incentives and support employee retention. 2. Tandem Stock Appreciation Rights (TSARs): This type of SARS is often granted alongside stock options. When an employee exercises a stock option, they also receive the value of the SARS associated with the same number of shares. TSARs provide employees with additional benefits, increasing their overall compensation. 3. Reload Stock Appreciation Rights: These rights are awarded when an employee exercises SARS and still holds the underlying stock. In this case, additional SARS are granted, enabling the employee to benefit from future stock appreciation. Overall, by implementing a Montana Stock Appreciation Right Plan, Helene Curtis Industries aims to attract, motivate, and retain talented employees who are crucial to the company's success. These plans offer a win-win solution, aligning the interests of employees with those of the shareholders and fostering a culture of performance, ownership, and long-term growth.