Chicago Illinois Stock Appreciation Right Plan of Helene Curtis Industries, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• City: Chicago
• 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 Chicago Illinois Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is a unique compensation plan offered to eligible employees of the company. This plan allows employees to benefit from the future appreciation of the company's stock. Helene Curtis Industries, Inc., a renowned Chicago-based company, believes in recognizing and rewarding the contributions of its talented workforce. The Stock Appreciation Right Plan aims to motivate employees by offering them an opportunity to share in the company's success. Under this plan, eligible employees are given the right to receive cash or stock equal to the appreciation in the market value of the company's stock over a specified period. The plan is designed to align the interests of employees with the company's long-term growth and performance. There are two main types of Stock Appreciation Right Plans offered by Helene Curtis Industries, Inc.: 1. Standard Stock Appreciation Rights: This type of plan grants eligible employees the right to receive cash or stock equal to the increase in the market price of the company's stock over a specified period. The appreciation is typically calculated from the grant date to the exercise date. The employees have the flexibility to decide whether they want to receive cash or stock. 2. Performance-Based Stock Appreciation Rights: This type of plan offers additional incentives to high-performing employees. It is designed to reward employees based on specific performance criteria set by the company, such as achieving revenue targets, successfully launching new products, or meeting predetermined financial goals. Employees who meet or exceed the performance goals are eligible to receive a higher stock appreciation right. Both types of Stock Appreciation Right Plans provide eligible employees with the opportunity to benefit from the growth of Helene Curtis Industries, Inc. This encourages employees to work towards the company's success, fosters a sense of ownership, and enhances loyalty and commitment. In summary, the Chicago Illinois Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is a comprehensive compensation program that offers eligible employees the right to receive cash or stock based on the appreciation of the company's stock value. By offering this plan, the company aims to motivate and reward its workforce, aligning their interests with the long-term growth of the organization.

The Chicago Illinois Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is a unique compensation plan offered to eligible employees of the company. This plan allows employees to benefit from the future appreciation of the company's stock. Helene Curtis Industries, Inc., a renowned Chicago-based company, believes in recognizing and rewarding the contributions of its talented workforce. The Stock Appreciation Right Plan aims to motivate employees by offering them an opportunity to share in the company's success. Under this plan, eligible employees are given the right to receive cash or stock equal to the appreciation in the market value of the company's stock over a specified period. The plan is designed to align the interests of employees with the company's long-term growth and performance. There are two main types of Stock Appreciation Right Plans offered by Helene Curtis Industries, Inc.: 1. Standard Stock Appreciation Rights: This type of plan grants eligible employees the right to receive cash or stock equal to the increase in the market price of the company's stock over a specified period. The appreciation is typically calculated from the grant date to the exercise date. The employees have the flexibility to decide whether they want to receive cash or stock. 2. Performance-Based Stock Appreciation Rights: This type of plan offers additional incentives to high-performing employees. It is designed to reward employees based on specific performance criteria set by the company, such as achieving revenue targets, successfully launching new products, or meeting predetermined financial goals. Employees who meet or exceed the performance goals are eligible to receive a higher stock appreciation right. Both types of Stock Appreciation Right Plans provide eligible employees with the opportunity to benefit from the growth of Helene Curtis Industries, Inc. This encourages employees to work towards the company's success, fosters a sense of ownership, and enhances loyalty and commitment. In summary, the Chicago Illinois Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is a comprehensive compensation program that offers eligible employees the right to receive cash or stock based on the appreciation of the company's stock value. By offering this plan, the company aims to motivate and reward its workforce, aligning their interests with the long-term growth of the organization.