New Jersey 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 New Jersey Stock Appreciation Right Plan offered by Helene Curtis Industries, Inc. is a unique employee benefit program designed to reward and retain talented individuals within the company. This plan provides employees with the opportunity to benefit from the appreciation in the company's stock value over a specific period of time. By granting stock appreciation rights, Helene Curtis Industries aims to align the interests of its employees with the company's success, fostering a sense of ownership and motivation among its workforce. Under the New Jersey Stock Appreciation Right Plan, employees are given the right to receive the appreciation in the company's stock price as compensation. This appreciation is typically granted in the form of additional shares or cash equivalent to the difference between the stock's fair market value and its predetermined base price at the time the right is exercised. By offering this plan, Helene Curtis Industries ensures that its employees are directly rewarded for their contributions and dedication to the company's growth. There may be different types of stock appreciation right plans within the Helene Curtis Industries, each tailored to meet specific employee needs or objectives. These variations may include: 1. Performance-based Stock Appreciation Right Plan: This type of plan ties the stock appreciation right to the achievement of specific performance goals or milestones. Employees are rewarded based on the company's performance metrics, such as revenue growth, profit margins, or market share. This plan motivates employees to actively contribute towards the company's success while aligning their interests with the organization's objectives. 2. Vesting Stock Appreciation Right Plan: In this type of plan, employees earn their stock appreciation rights over a specific period of time known as the vesting period. The rights may accrue gradually over several years, leading to increased ownership and loyalty among employees. This plan incentivizes long-term commitment and the retention of valuable talent within the organization. 3. Restricted Stock Appreciation Right Plan: Under this plan, employees are granted stock appreciation rights subject to certain restrictions or conditions. These restrictions may include a minimum service period, achievement of performance targets, or reaching specific milestones. Once the conditions are met, employees can exercise their rights and reap the benefits of the stock appreciation. 4. Broad-based Stock Appreciation Right Plan: In this type of plan, all eligible employees within the organization are granted stock appreciation rights. Unlike executive-only plans, this approach ensures that a larger number of employees have the opportunity to participate in the company's success, promoting inclusivity and a shared sense of ownership. The New Jersey Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is a valuable employee benefit program aimed at enhancing employee engagement, motivation, and retention. By offering various types of plans tailored to different circumstances, the company demonstrates its commitment to recognizing employee contributions and encouraging long-term commitment to its growth and success.

The New Jersey Stock Appreciation Right Plan offered by Helene Curtis Industries, Inc. is a unique employee benefit program designed to reward and retain talented individuals within the company. This plan provides employees with the opportunity to benefit from the appreciation in the company's stock value over a specific period of time. By granting stock appreciation rights, Helene Curtis Industries aims to align the interests of its employees with the company's success, fostering a sense of ownership and motivation among its workforce. Under the New Jersey Stock Appreciation Right Plan, employees are given the right to receive the appreciation in the company's stock price as compensation. This appreciation is typically granted in the form of additional shares or cash equivalent to the difference between the stock's fair market value and its predetermined base price at the time the right is exercised. By offering this plan, Helene Curtis Industries ensures that its employees are directly rewarded for their contributions and dedication to the company's growth. There may be different types of stock appreciation right plans within the Helene Curtis Industries, each tailored to meet specific employee needs or objectives. These variations may include: 1. Performance-based Stock Appreciation Right Plan: This type of plan ties the stock appreciation right to the achievement of specific performance goals or milestones. Employees are rewarded based on the company's performance metrics, such as revenue growth, profit margins, or market share. This plan motivates employees to actively contribute towards the company's success while aligning their interests with the organization's objectives. 2. Vesting Stock Appreciation Right Plan: In this type of plan, employees earn their stock appreciation rights over a specific period of time known as the vesting period. The rights may accrue gradually over several years, leading to increased ownership and loyalty among employees. This plan incentivizes long-term commitment and the retention of valuable talent within the organization. 3. Restricted Stock Appreciation Right Plan: Under this plan, employees are granted stock appreciation rights subject to certain restrictions or conditions. These restrictions may include a minimum service period, achievement of performance targets, or reaching specific milestones. Once the conditions are met, employees can exercise their rights and reap the benefits of the stock appreciation. 4. Broad-based Stock Appreciation Right Plan: In this type of plan, all eligible employees within the organization are granted stock appreciation rights. Unlike executive-only plans, this approach ensures that a larger number of employees have the opportunity to participate in the company's success, promoting inclusivity and a shared sense of ownership. The New Jersey Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is a valuable employee benefit program aimed at enhancing employee engagement, motivation, and retention. By offering various types of plans tailored to different circumstances, the company demonstrates its commitment to recognizing employee contributions and encouraging long-term commitment to its growth and success.