Virgin Islands 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 Virgin Islands Stock Appreciation Right (SAR) Plan of Helene Curtis Industries, Inc. is a compensation program designed to reward and incentivize employees of the company. This program grants eligible employees the opportunity to gain a financial benefit based on the appreciation of the company's stock price. As a participant in the Virgin Islands SAR Plan, employees are granted the right to receive a cash payment equal to the increase in the stock price from the date of grant to the date of exercise. This plan serves as an excellent motivator for employees to contribute to the overall success and growth of Helene Curtis Industries, Inc. There are various types of Virgin Islands Stock Appreciation Right Plan options available within the program, ensuring flexibility for employees. Some named types include: 1. Performance-Based Stock Appreciation Right Plan: This type of SAR plan is tied to specific performance metrics of the company. Employees are granted the right to receive a cash payment based on achieving predetermined performance targets. This aligns the interests of the employees with the company's performance goals. 2. Time-Vested Stock Appreciation Right Plan: In this type of SAR plan, employees become eligible for stock appreciation rights after a specific period of employment. The longer an employee remains with the company, the more stock appreciation rights they may accrue, thereby rewarding loyalty and longevity. 3. Team-Based Stock Appreciation Right Plan: This SAR plan focuses on the collective performance of a team or department within Helene Curtis Industries, Inc. The success of the designated team in achieving specific performance targets results in the granting of stock appreciation rights to its members. 4. Executive Stock Appreciation Right Plan: This type of SAR plan is specifically designed for senior-level executives within the company. Executives are granted stock appreciation rights as part of their compensation package, serving as an incentive to drive the company's performance and aligning their interests with shareholders. The Virgin Islands Stock Appreciation Right Plan of Helene Curtis Industries, Inc. demonstrates a commitment to recognizing and rewarding the efforts of its employees. By offering various types of SAR plans, the company encourages performance, loyalty, and teamwork, ultimately contributing to the overall success and growth of the organization.

The Virgin Islands Stock Appreciation Right (SAR) Plan of Helene Curtis Industries, Inc. is a compensation program designed to reward and incentivize employees of the company. This program grants eligible employees the opportunity to gain a financial benefit based on the appreciation of the company's stock price. As a participant in the Virgin Islands SAR Plan, employees are granted the right to receive a cash payment equal to the increase in the stock price from the date of grant to the date of exercise. This plan serves as an excellent motivator for employees to contribute to the overall success and growth of Helene Curtis Industries, Inc. There are various types of Virgin Islands Stock Appreciation Right Plan options available within the program, ensuring flexibility for employees. Some named types include: 1. Performance-Based Stock Appreciation Right Plan: This type of SAR plan is tied to specific performance metrics of the company. Employees are granted the right to receive a cash payment based on achieving predetermined performance targets. This aligns the interests of the employees with the company's performance goals. 2. Time-Vested Stock Appreciation Right Plan: In this type of SAR plan, employees become eligible for stock appreciation rights after a specific period of employment. The longer an employee remains with the company, the more stock appreciation rights they may accrue, thereby rewarding loyalty and longevity. 3. Team-Based Stock Appreciation Right Plan: This SAR plan focuses on the collective performance of a team or department within Helene Curtis Industries, Inc. The success of the designated team in achieving specific performance targets results in the granting of stock appreciation rights to its members. 4. Executive Stock Appreciation Right Plan: This type of SAR plan is specifically designed for senior-level executives within the company. Executives are granted stock appreciation rights as part of their compensation package, serving as an incentive to drive the company's performance and aligning their interests with shareholders. The Virgin Islands Stock Appreciation Right Plan of Helene Curtis Industries, Inc. demonstrates a commitment to recognizing and rewarding the efforts of its employees. By offering various types of SAR plans, the company encourages performance, loyalty, and teamwork, ultimately contributing to the overall success and growth of the organization.