Allegheny Pennsylvania Stock Appreciation Right Plan of Helene Curtis Industries, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• County: Allegheny
• 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 Allegheny Pennsylvania Stock Appreciation Right Plan of Helene Curtis Industries, Inc., is a compensation program that provides employees with the opportunity to receive additional compensation based on the appreciation of the company's stock. This plan is an integral part of Helene Curtis Industries' employee benefits package and serves as a way to motivate and reward employees for their hard work and contributions to the company's success. Under the Allegheny Pennsylvania Stock Appreciation Right Plan, employees are granted the right to receive cash payments or stock options upon the appreciation of the company's stock value over a specified period. This means that if the stock price increases, employees have the potential to earn additional income through the appreciation of their stock rights. There are a few different types of Stock Appreciation Right Plans within the Allegheny Pennsylvania Plan. These include: 1. Restricted Stock Appreciation Rights (SARS): This type of plan grants employees the right to receive cash or stock options only after meeting certain predetermined conditions, such as the achievement of specific performance goals or the completion of a certain number of years of service. 2. Performance-Based Stock Appreciation Rights (SARS): This plan rewards employees based on the company's performance, such as its financial achievements, market share growth, or other predetermined performance metrics. If the company meets or exceeds these goals, employees are eligible to receive cash or stock option rewards. 3. Time-Vesting Stock Appreciation Rights (Tsars): This type of plan grants employees the right to receive cash or stock options as they progressively vest over a specific period of time. Typically, a certain percentage of the stock appreciation rights will vest every year, incentivizing long-term loyalty and commitment. The Allegheny Pennsylvania Stock Appreciation Right Plan aligns the interests of employees with those of the company, encouraging employees to work towards the company's growth and success. By offering potential financial rewards tied to the appreciation of the stock value, the plan motivates employees to perform at their best and contribute to the organization's overall success. Overall, the Allegheny Pennsylvania Stock Appreciation Right Plan demonstrates Helene Curtis Industries' dedication to providing attractive compensation and benefits packages to its employees, fostering a positive and rewarding work environment.

The Allegheny Pennsylvania Stock Appreciation Right Plan of Helene Curtis Industries, Inc., is a compensation program that provides employees with the opportunity to receive additional compensation based on the appreciation of the company's stock. This plan is an integral part of Helene Curtis Industries' employee benefits package and serves as a way to motivate and reward employees for their hard work and contributions to the company's success. Under the Allegheny Pennsylvania Stock Appreciation Right Plan, employees are granted the right to receive cash payments or stock options upon the appreciation of the company's stock value over a specified period. This means that if the stock price increases, employees have the potential to earn additional income through the appreciation of their stock rights. There are a few different types of Stock Appreciation Right Plans within the Allegheny Pennsylvania Plan. These include: 1. Restricted Stock Appreciation Rights (SARS): This type of plan grants employees the right to receive cash or stock options only after meeting certain predetermined conditions, such as the achievement of specific performance goals or the completion of a certain number of years of service. 2. Performance-Based Stock Appreciation Rights (SARS): This plan rewards employees based on the company's performance, such as its financial achievements, market share growth, or other predetermined performance metrics. If the company meets or exceeds these goals, employees are eligible to receive cash or stock option rewards. 3. Time-Vesting Stock Appreciation Rights (Tsars): This type of plan grants employees the right to receive cash or stock options as they progressively vest over a specific period of time. Typically, a certain percentage of the stock appreciation rights will vest every year, incentivizing long-term loyalty and commitment. The Allegheny Pennsylvania Stock Appreciation Right Plan aligns the interests of employees with those of the company, encouraging employees to work towards the company's growth and success. By offering potential financial rewards tied to the appreciation of the stock value, the plan motivates employees to perform at their best and contribute to the organization's overall success. Overall, the Allegheny Pennsylvania Stock Appreciation Right Plan demonstrates Helene Curtis Industries' dedication to providing attractive compensation and benefits packages to its employees, fostering a positive and rewarding work environment.