Wisconsin Share Appreciation Rights Plan with amendment

• Category: Corporations - Public - Stock Options
• State: Multi-State
• Control #: US-CC-18-400D
• Format: Word; Rich Text

Description

18-400D 18-400D . . . Share Appreciation Rights Plan under which stock option committee determines to whom units are awarded, number of units to be awarded and terms of such units. On grant date, committee assigns each unit a base value which cannot be less than market value of share of common stock on that date. Each award becomes exercisable with respect to 25% of units awarded on each of first four anniversaries of grant date, provided grantee has been continually employed full-time by corporation or subsidiary. Units may be exercised, to extent vested, at any time until five years after grant date. Upon exercise of vested units, grantee is entitled to receive net appreciation of such units in cash or in shares of common stock, as determined by committee Wisconsin Share Appreciation Rights Plan is a type of equity compensation plan often utilized by companies to incentivize and reward their employees. Under this plan, employees are granted the opportunity to receive a cash payment equal to the appreciation in value of a specified number of company shares over a predetermined period. These plans usually includes an amendment that outlines any modifications or alterations made to the original plan. The Wisconsin Share Appreciation Rights Plan with amendment is designed to align employee interests with those of the company's shareholders. It offers a way to motivate employees by allowing them to participate in the company's growth and success. By tying the benefits to the appreciation in share value, employees are incentivized to contribute to the company's overall performance and profitability. One type of Wisconsin Share Appreciation Rights Plan with amendment is the Performance-Based Share Appreciation Rights Plan. This plan grants employees the right to receive cash payments only if specific performance goals or targets are achieved, such as meeting certain financial or operational milestones. It is designed to ensure that rewards are directly tied to the company's performance, encouraging employees to work towards achieving these objectives. Another type of Wisconsin Share Appreciation Rights Plan with amendment is the Time-Based Share Appreciation Rights Plan. This plan grants employees the right to receive cash payments based on the length of their service with the company. Employees become eligible for these payments after a specified period, regardless of the company's performance. It serves as a retention tool, encouraging employees to stay with the company for the long term. The amendment to the Wisconsin Share Appreciation Rights Plan provides flexibility for companies to modify certain aspects of the plan. This amendment may cover adjustments to the vesting schedule, performance criteria, or payment calculations. It allows the company to adapt the plan to changing business circumstances or to better align it with the company's goals and objectives. In summary, the Wisconsin Share Appreciation Rights Plan with amendment is a valuable tool for companies seeking to reward and motivate their employees. It offers the opportunity for employees to benefit from the appreciation in share value, while the amendment provides flexibility for necessary adjustments. By implementing this plan, companies can strengthen their workforce and foster a sense of ownership and commitment among employees.

Wisconsin Share Appreciation Rights Plan is a type of equity compensation plan often utilized by companies to incentivize and reward their employees. Under this plan, employees are granted the opportunity to receive a cash payment equal to the appreciation in value of a specified number of company shares over a predetermined period. These plans usually includes an amendment that outlines any modifications or alterations made to the original plan. The Wisconsin Share Appreciation Rights Plan with amendment is designed to align employee interests with those of the company's shareholders. It offers a way to motivate employees by allowing them to participate in the company's growth and success. By tying the benefits to the appreciation in share value, employees are incentivized to contribute to the company's overall performance and profitability. One type of Wisconsin Share Appreciation Rights Plan with amendment is the Performance-Based Share Appreciation Rights Plan. This plan grants employees the right to receive cash payments only if specific performance goals or targets are achieved, such as meeting certain financial or operational milestones. It is designed to ensure that rewards are directly tied to the company's performance, encouraging employees to work towards achieving these objectives. Another type of Wisconsin Share Appreciation Rights Plan with amendment is the Time-Based Share Appreciation Rights Plan. This plan grants employees the right to receive cash payments based on the length of their service with the company. Employees become eligible for these payments after a specified period, regardless of the company's performance. It serves as a retention tool, encouraging employees to stay with the company for the long term. The amendment to the Wisconsin Share Appreciation Rights Plan provides flexibility for companies to modify certain aspects of the plan. This amendment may cover adjustments to the vesting schedule, performance criteria, or payment calculations. It allows the company to adapt the plan to changing business circumstances or to better align it with the company's goals and objectives. In summary, the Wisconsin Share Appreciation Rights Plan with amendment is a valuable tool for companies seeking to reward and motivate their employees. It offers the opportunity for employees to benefit from the appreciation in share value, while the amendment provides flexibility for necessary adjustments. By implementing this plan, companies can strengthen their workforce and foster a sense of ownership and commitment among employees.