New Hampshire Stock Appreciation Rights Plan of The Todd-AO Corporation

• Category: Corporations - Public - Stock Options
• State: Multi-State
• Control #: US-CC-18-403A
• Format: Word; Rich Text

Description

18-403A 18-403A . . . Stock Appreciation Rights Plan which provides for granting of (a) SARs to employees, directors and consultants and (b) limited stock appreciation rights to persons who are subject to Section 16 of Exchange Act. Limited rights have same terms and conditions as SARs except that limited rights are automatically exercised on date established, without any action on part of grantee, which is at least six months after grant of limited right. To extent limited right is exercised, related SAR is canceled and vice versa. The purpose of limited right is to provide grantees who are subject to short swing profit recovery provisions of Exchange Act with benefits associated with exercise of SARs even though exercise occurs outside of "window period" prescribed by SEC New Hampshire Stock Appreciation Rights Plan of The Todd-AO Corporation is an employee incentive program designed to reward employees of the company based in New Hampshire, USA. It functions as a type of performance-based compensation plan, allowing employees to benefit from the appreciation of the company's stock. The Todd-AO Corporation offers different types of Stock Appreciation Rights (SARS) plans under the New Hampshire state law. These plans are tailored to meet the specific needs and goals of the company and its employees. Some notable types of New Hampshire Stock Appreciation Rights Plans of The Todd-AO Corporation are: 1. Standard SARS Plan: The standard SARS plan grants employees the right to receive a cash payment equal to the appreciation in the market value of the company's stock over a specified period. This plan typically encourages long-term employee retention and promotes the company's growth. 2. Phantom Stock SARS Plan: In this plan, employees are granted virtual shares of the company's stock. The appreciation in the market value of these phantom stocks is then converted into cash payments or actual stock at a predetermined date. This plan allows employees to participate in the company's growth without owning actual shares. 3. Restricted Stock Unit (RSU) SARS Plan: Under this plan, employees receive a promise of future shares of the company's stock. The number of RSS granted is typically based on the employee's performance or tenure. This RSS is then converted into actual shares upon vesting, which allows employees to benefit from the stock's appreciation. 4. Performance-Based SARS Plan: This plan ties the appreciation in the company's stock to predefined performance goals or metrics. Employees are granted SARS that become exercisable only when the company achieves these performance objectives. This type of plan aligns employee efforts with corporate objectives and rewards exceptional performance. The New Hampshire Stock Appreciation Rights Plans of The Todd-AO Corporation offer significant benefits to both the company and its employees. It fosters employee loyalty, incentivizes performance, and aligns employee interests with the company's success. Furthermore, these plans provide a flexible and customizable approach to suit the unique requirements of the company and its workforce.

New Hampshire Stock Appreciation Rights Plan of The Todd-AO Corporation is an employee incentive program designed to reward employees of the company based in New Hampshire, USA. It functions as a type of performance-based compensation plan, allowing employees to benefit from the appreciation of the company's stock. The Todd-AO Corporation offers different types of Stock Appreciation Rights (SARS) plans under the New Hampshire state law. These plans are tailored to meet the specific needs and goals of the company and its employees. Some notable types of New Hampshire Stock Appreciation Rights Plans of The Todd-AO Corporation are: 1. Standard SARS Plan: The standard SARS plan grants employees the right to receive a cash payment equal to the appreciation in the market value of the company's stock over a specified period. This plan typically encourages long-term employee retention and promotes the company's growth. 2. Phantom Stock SARS Plan: In this plan, employees are granted virtual shares of the company's stock. The appreciation in the market value of these phantom stocks is then converted into cash payments or actual stock at a predetermined date. This plan allows employees to participate in the company's growth without owning actual shares. 3. Restricted Stock Unit (RSU) SARS Plan: Under this plan, employees receive a promise of future shares of the company's stock. The number of RSS granted is typically based on the employee's performance or tenure. This RSS is then converted into actual shares upon vesting, which allows employees to benefit from the stock's appreciation. 4. Performance-Based SARS Plan: This plan ties the appreciation in the company's stock to predefined performance goals or metrics. Employees are granted SARS that become exercisable only when the company achieves these performance objectives. This type of plan aligns employee efforts with corporate objectives and rewards exceptional performance. The New Hampshire Stock Appreciation Rights Plans of The Todd-AO Corporation offer significant benefits to both the company and its employees. It fosters employee loyalty, incentivizes performance, and aligns employee interests with the company's success. Furthermore, these plans provide a flexible and customizable approach to suit the unique requirements of the company and its workforce.