Washington 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 Washington Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is a unique employee benefit program offered by the company to its eligible employees. This plan aims to provide financial incentives to employees based on the appreciation of the company's stock value. Under this plan, employees have the opportunity to receive additional compensation beyond their regular salary through the appreciation of the company's stock. This encourages employees to contribute to the growth and success of Helene Curtis Industries, Inc. as they directly benefit from the company's value appreciation. There are different types of Washington Stock Appreciation Right Plan available, including: 1. Restricted Stock Appreciation Right (REAR) Plan: This plan grants employees the right to receive a specific number of company shares that will increase in value over time. The appreciation of these shares is considered as additional compensation for the employees. 2. Stock Appreciation Right (SAR) Plan: Under this plan, employees are granted the right to receive cash payments equal to the value of the increase in the company's stock price over a predetermined period of time. This allows employees to profit from the growth of the company without actually owning the stock shares. 3. Performance-Based Stock Appreciation Right (PB SAR) Plan: This plan is designed to reward employees based on the achievement of specific performance targets set by the company. If the company reaches or exceeds these targets, employees are eligible to receive additional compensation in the form of stock appreciation rights. The Washington Stock Appreciation Right Plan of Helene Curtis Industries, Inc. serves as a valuable tool for retaining and motivating employees. By providing a direct link between their effort and company performance, it fosters a sense of ownership and encourages employees to actively contribute to the company's growth. This employee benefit program is yet another way that Helene Curtis Industries, Inc. demonstrates its commitment to its workforce and ensures their financial well-being.

The Washington Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is a unique employee benefit program offered by the company to its eligible employees. This plan aims to provide financial incentives to employees based on the appreciation of the company's stock value. Under this plan, employees have the opportunity to receive additional compensation beyond their regular salary through the appreciation of the company's stock. This encourages employees to contribute to the growth and success of Helene Curtis Industries, Inc. as they directly benefit from the company's value appreciation. There are different types of Washington Stock Appreciation Right Plan available, including: 1. Restricted Stock Appreciation Right (REAR) Plan: This plan grants employees the right to receive a specific number of company shares that will increase in value over time. The appreciation of these shares is considered as additional compensation for the employees. 2. Stock Appreciation Right (SAR) Plan: Under this plan, employees are granted the right to receive cash payments equal to the value of the increase in the company's stock price over a predetermined period of time. This allows employees to profit from the growth of the company without actually owning the stock shares. 3. Performance-Based Stock Appreciation Right (PB SAR) Plan: This plan is designed to reward employees based on the achievement of specific performance targets set by the company. If the company reaches or exceeds these targets, employees are eligible to receive additional compensation in the form of stock appreciation rights. The Washington Stock Appreciation Right Plan of Helene Curtis Industries, Inc. serves as a valuable tool for retaining and motivating employees. By providing a direct link between their effort and company performance, it fosters a sense of ownership and encourages employees to actively contribute to the company's growth. This employee benefit program is yet another way that Helene Curtis Industries, Inc. demonstrates its commitment to its workforce and ensures their financial well-being.