Texas 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 Texas Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is a unique compensation scheme that provides employees of the company with an opportunity to benefit from the growth of the company's stock value. This plan aims to motivate and reward employees for their contribution to the success of the organization. The Texas Stock Appreciation Right Plan operates in conjunction with the company's stock options program. In this plan, eligible employees are granted Stock Appreciation Rights (SARS), which entitle them to receive the appreciation in the company's stock value over a specific period. This SARS can be exercised at a predetermined price, allowing employees to receive the difference between the market price and the exercise price in cash or stock. One of the types of Texas Stock Appreciation Right Plans offered by Helene Curtis Industries, Inc. is the Performance-Based SARS. Under this plan, employees must meet specific performance targets set by the company to exercise their SARS. This encourages employees to focus on achieving company goals and drives overall performance. Another type of Texas Stock Appreciation Right Plan is the Time-Vested SARS. In this arrangement, employees receive SARS that become exercisable gradually over a predetermined period. This helps to encourage long-term commitment and loyalty among employees. The Texas Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is an instrumental tool for attracting, motivating, and retaining talented individuals within the organization. By offering employees the opportunity to directly benefit from the company's growth, it aligns their interests with those of the shareholders and creates a sense of shared ownership. This equity-based compensation plan not only incentivizes employees but also fosters a sense of pride and dedication towards the company's long-term goals. Through the Texas Stock Appreciation Right Plan, Helene Curtis Industries, Inc. aims to build a highly skilled and engaged workforce, driving innovation, productivity, and ultimately, the company's success. By providing employees with an avenue to participate in the company's growth, the plan creates a mutually beneficial relationship where employees are rewarded for their contributions, and the company benefits from their continued dedication. In conclusion, the Texas Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is a comprehensive compensation program that allows employees to share in the success of the company through the appreciation of its stock value. With different types of SARS available, the plan provides flexibility and tailors the rewards to meet the unique needs of the organization and its employees.

The Texas Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is a unique compensation scheme that provides employees of the company with an opportunity to benefit from the growth of the company's stock value. This plan aims to motivate and reward employees for their contribution to the success of the organization. The Texas Stock Appreciation Right Plan operates in conjunction with the company's stock options program. In this plan, eligible employees are granted Stock Appreciation Rights (SARS), which entitle them to receive the appreciation in the company's stock value over a specific period. This SARS can be exercised at a predetermined price, allowing employees to receive the difference between the market price and the exercise price in cash or stock. One of the types of Texas Stock Appreciation Right Plans offered by Helene Curtis Industries, Inc. is the Performance-Based SARS. Under this plan, employees must meet specific performance targets set by the company to exercise their SARS. This encourages employees to focus on achieving company goals and drives overall performance. Another type of Texas Stock Appreciation Right Plan is the Time-Vested SARS. In this arrangement, employees receive SARS that become exercisable gradually over a predetermined period. This helps to encourage long-term commitment and loyalty among employees. The Texas Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is an instrumental tool for attracting, motivating, and retaining talented individuals within the organization. By offering employees the opportunity to directly benefit from the company's growth, it aligns their interests with those of the shareholders and creates a sense of shared ownership. This equity-based compensation plan not only incentivizes employees but also fosters a sense of pride and dedication towards the company's long-term goals. Through the Texas Stock Appreciation Right Plan, Helene Curtis Industries, Inc. aims to build a highly skilled and engaged workforce, driving innovation, productivity, and ultimately, the company's success. By providing employees with an avenue to participate in the company's growth, the plan creates a mutually beneficial relationship where employees are rewarded for their contributions, and the company benefits from their continued dedication. In conclusion, the Texas Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is a comprehensive compensation program that allows employees to share in the success of the company through the appreciation of its stock value. With different types of SARS available, the plan provides flexibility and tailors the rewards to meet the unique needs of the organization and its employees.