Rhode Island 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 Rhode Island Stock Appreciation Right (SAR) Plan of Helene Curtis Industries, Inc. is a comprehensive program designed to incentivize and reward employees by granting them stock appreciation rights. These rights provide employees with the opportunity to benefit from the value appreciation of the company's stock over a specified period. Under the Rhode Island SAR Plan of Helene Curtis Industries, Inc., employees are granted SARS that allow them to receive cash or stock equal to the appreciation in the company's stock price between the grant date and the exercise date. This serves as a powerful motivation for employees to drive the company's success and align their interests with the shareholders. The plan aims to foster a sense of ownership and commitment among employees, as they have a vested interest in the company's performance and stock price growth. This, in turn, can boost employee morale, engagement, and productivity, ultimately contributing to the company's overall growth and profitability. There are various types of Rhode Island SAR Plans available within Helene Curtis Industries, Inc., which are carefully tailored to meet the needs of specific groups of employees. Some of these plans include: 1. Executive SAR Plan: This plan is specifically designed for top-level executives within the company. It offers higher grant amounts and more favorable terms to align with the significant responsibilities and contributions made by executives. 2. Employee SAR Plan: This plan targets a broader range of employees at different levels within the company. It provides them with SAR grants based on factors such as performance, tenure, and job level. The plan aims to motivate and retain talented employees by offering them a chance to share in the company's success. 3. Long-Term Incentive SAR Plan: This plan focuses on long-term performance goals, typically spanning multiple years. It aims to drive sustained growth and value creation by rewarding employees for achieving strategic milestones and targets. 4. Retention SAR Plan: This plan is tailored to retain key employees with critical skills or in-demand expertise. It provides SAR grants with vesting schedules that encourage employees to stay with the company for a specified period, ensuring stability and continuity within key positions. These different types of Rhode Island SAR Plans offered by Helene Curtis Industries, Inc. cater to the diverse needs and aspirations of its workforce. By providing employees with a stake in the company's success, the plan creates a win-win situation where employees are rewarded for their hard work, and the company benefits from a highly motivated and engaged workforce.

The Rhode Island Stock Appreciation Right (SAR) Plan of Helene Curtis Industries, Inc. is a comprehensive program designed to incentivize and reward employees by granting them stock appreciation rights. These rights provide employees with the opportunity to benefit from the value appreciation of the company's stock over a specified period. Under the Rhode Island SAR Plan of Helene Curtis Industries, Inc., employees are granted SARS that allow them to receive cash or stock equal to the appreciation in the company's stock price between the grant date and the exercise date. This serves as a powerful motivation for employees to drive the company's success and align their interests with the shareholders. The plan aims to foster a sense of ownership and commitment among employees, as they have a vested interest in the company's performance and stock price growth. This, in turn, can boost employee morale, engagement, and productivity, ultimately contributing to the company's overall growth and profitability. There are various types of Rhode Island SAR Plans available within Helene Curtis Industries, Inc., which are carefully tailored to meet the needs of specific groups of employees. Some of these plans include: 1. Executive SAR Plan: This plan is specifically designed for top-level executives within the company. It offers higher grant amounts and more favorable terms to align with the significant responsibilities and contributions made by executives. 2. Employee SAR Plan: This plan targets a broader range of employees at different levels within the company. It provides them with SAR grants based on factors such as performance, tenure, and job level. The plan aims to motivate and retain talented employees by offering them a chance to share in the company's success. 3. Long-Term Incentive SAR Plan: This plan focuses on long-term performance goals, typically spanning multiple years. It aims to drive sustained growth and value creation by rewarding employees for achieving strategic milestones and targets. 4. Retention SAR Plan: This plan is tailored to retain key employees with critical skills or in-demand expertise. It provides SAR grants with vesting schedules that encourage employees to stay with the company for a specified period, ensuring stability and continuity within key positions. These different types of Rhode Island SAR Plans offered by Helene Curtis Industries, Inc. cater to the diverse needs and aspirations of its workforce. By providing employees with a stake in the company's success, the plan creates a win-win situation where employees are rewarded for their hard work, and the company benefits from a highly motivated and engaged workforce.