Dallas Texas Stock Appreciation Right Plan of Helene Curtis Industries, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• County: Dallas
• 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 Dallas Texas Stock Appreciation Right Plan is a compensation program offered by Helene Curtis Industries, Inc. to its employees in the Dallas area. It is an incentive plan that allows employees to benefit from the appreciation in the company's stock price over a specified period. The program aims to motivate, retain, and reward employees for their contributions to the company's success. Under the Dallas Texas Stock Appreciation Right Plan, eligible employees are granted stock appreciation rights (SARS) that entitle them to receive cash or stock equivalent to the increase in the company's stock value between the grant date and the exercise date. The exercise price is usually the fair market value of the stock on the grant date. This plan offers employees the flexibility of receiving cash or stock, depending on their preferences. It aligns the interests of employees with those of the company's shareholders since employees directly benefit from the growth in the company's stock price. Helene Curtis Industries, Inc. might offer different types of Dallas Texas Stock Appreciation Right Plans to cater to the diverse needs of its employees. These plans could include: 1. Restricted Stock Appreciation Right Plan: This type of plan may impose certain restrictions on the exercise of SARS, such as a vesting schedule or performance conditions. Employees may need to fulfill specific criteria to exercise their SARS fully. 2. Performance-Based Stock Appreciation Right Plan: This plan ties the SARS' exercise to the achievement of predetermined performance targets. Employees will only be entitled to exercise their SARS if the company reaches specific financial or operational goals. 3. Employee Stock Purchase Plan with Stock Appreciation Rights: This type of plan allows employees to contribute a portion of their wages towards purchasing company stock at a discounted price. In addition to the stock purchase, employees also receive SARS to benefit from any increase in the stock price. 4. Long-Term Incentive Stock Appreciation Right Plan: This plan is designed to reward long-term loyalty and commitment. SARS granted under this plan might have extended vesting periods, encouraging employees to stay with the company for an extended duration to gain the full benefits. Dallas Texas Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is a valuable compensation program that attracts and retains talented employees by providing them with a strong financial incentive linked to the company's stock performance. It ensures the alignment of employees' efforts with the overall growth and success of the organization.

Dallas Texas Stock Appreciation Right Plan is a compensation program offered by Helene Curtis Industries, Inc. to its employees in the Dallas area. It is an incentive plan that allows employees to benefit from the appreciation in the company's stock price over a specified period. The program aims to motivate, retain, and reward employees for their contributions to the company's success. Under the Dallas Texas Stock Appreciation Right Plan, eligible employees are granted stock appreciation rights (SARS) that entitle them to receive cash or stock equivalent to the increase in the company's stock value between the grant date and the exercise date. The exercise price is usually the fair market value of the stock on the grant date. This plan offers employees the flexibility of receiving cash or stock, depending on their preferences. It aligns the interests of employees with those of the company's shareholders since employees directly benefit from the growth in the company's stock price. Helene Curtis Industries, Inc. might offer different types of Dallas Texas Stock Appreciation Right Plans to cater to the diverse needs of its employees. These plans could include: 1. Restricted Stock Appreciation Right Plan: This type of plan may impose certain restrictions on the exercise of SARS, such as a vesting schedule or performance conditions. Employees may need to fulfill specific criteria to exercise their SARS fully. 2. Performance-Based Stock Appreciation Right Plan: This plan ties the SARS' exercise to the achievement of predetermined performance targets. Employees will only be entitled to exercise their SARS if the company reaches specific financial or operational goals. 3. Employee Stock Purchase Plan with Stock Appreciation Rights: This type of plan allows employees to contribute a portion of their wages towards purchasing company stock at a discounted price. In addition to the stock purchase, employees also receive SARS to benefit from any increase in the stock price. 4. Long-Term Incentive Stock Appreciation Right Plan: This plan is designed to reward long-term loyalty and commitment. SARS granted under this plan might have extended vesting periods, encouraging employees to stay with the company for an extended duration to gain the full benefits. Dallas Texas Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is a valuable compensation program that attracts and retains talented employees by providing them with a strong financial incentive linked to the company's stock performance. It ensures the alignment of employees' efforts with the overall growth and success of the organization.