Fairfax Virginia Stock Appreciation Right Plan of Helene Curtis Industries, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• County: Fairfax
• 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 Fairfax Virginia Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is a compensation plan designed to reward employees of the company with stock options and appreciation rights based on the performance of the company's stock. This plan aims to incentivize and motivate employees while aligning their interests with the success of the company. Helene Curtis Industries, Inc. offers several types of Stock Appreciation Right Plans under the Fairfax Virginia jurisdiction. These plans include: 1. Employee Stock Options: This type of plan grants employees the right to purchase company stock at a predetermined price, known as the exercise price or strike price. The stock options can be exercised at any time after a vesting period, allowing employees to benefit from stock price appreciation. 2. Deferred Stock Appreciation Plan: Under this plan, employees earn stock appreciation rights (SARS) that entitle them to receive the increase in the value of a specified number of company shares over a predetermined period. These rights are typically payable in cash or additional company stock upon exercise. 3. Performance-Based Stock Appreciation Plan: This plan rewards employees based on the achievement of specific performance goals. Employees are granted SARS tied to performance metrics, such as revenue growth, profitability targets, or market share expansion. The amount of SARS earned is directly proportional to the degree of goal attainment. 4. Restricted Stock Unit Plan: In this plan, employees are awarded shares of company stock outright, but these shares are subject to restrictions or vesting requirements. Once the restrictions lapse, employees are free to sell the stocks or convert them into cash, benefiting from any appreciation in stock value. 5. Stock Appreciation Bonus Plan: This type of plan provides employees with bonuses equivalent to the value of the appreciation in company stock over a specific period. The bonus is typically paid in cash or stock options and is based on the change in the stock price during the performance period. Helene Curtis Industries, Inc. implements these Fairfax Virginia Stock Appreciation Right Plans to attract and retain top talent, motivate performance, and drive employee engagement. These plans create a sense of ownership among employees and foster a shared commitment to the company's long-term growth and success.

The Fairfax Virginia Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is a compensation plan designed to reward employees of the company with stock options and appreciation rights based on the performance of the company's stock. This plan aims to incentivize and motivate employees while aligning their interests with the success of the company. Helene Curtis Industries, Inc. offers several types of Stock Appreciation Right Plans under the Fairfax Virginia jurisdiction. These plans include: 1. Employee Stock Options: This type of plan grants employees the right to purchase company stock at a predetermined price, known as the exercise price or strike price. The stock options can be exercised at any time after a vesting period, allowing employees to benefit from stock price appreciation. 2. Deferred Stock Appreciation Plan: Under this plan, employees earn stock appreciation rights (SARS) that entitle them to receive the increase in the value of a specified number of company shares over a predetermined period. These rights are typically payable in cash or additional company stock upon exercise. 3. Performance-Based Stock Appreciation Plan: This plan rewards employees based on the achievement of specific performance goals. Employees are granted SARS tied to performance metrics, such as revenue growth, profitability targets, or market share expansion. The amount of SARS earned is directly proportional to the degree of goal attainment. 4. Restricted Stock Unit Plan: In this plan, employees are awarded shares of company stock outright, but these shares are subject to restrictions or vesting requirements. Once the restrictions lapse, employees are free to sell the stocks or convert them into cash, benefiting from any appreciation in stock value. 5. Stock Appreciation Bonus Plan: This type of plan provides employees with bonuses equivalent to the value of the appreciation in company stock over a specific period. The bonus is typically paid in cash or stock options and is based on the change in the stock price during the performance period. Helene Curtis Industries, Inc. implements these Fairfax Virginia Stock Appreciation Right Plans to attract and retain top talent, motivate performance, and drive employee engagement. These plans create a sense of ownership among employees and foster a shared commitment to the company's long-term growth and success.