Fulton Georgia Stock Appreciation Right Plan of Helene Curtis Industries, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• County: Fulton
• 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 Fulton Georgia Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is a compensation program designed to incentivize and reward employees of the company through stock appreciation rights (SARS). This plan allows employees to receive additional compensation based on the increase in the company's stock price over a specific period. Helene Curtis Industries, Inc. is a company based in Fulton, Georgia that specializes in the manufacturing and marketing of personal care products. The company's stock appreciation right plan is a valuable tool for attracting and retaining top talent, as it offers employees an opportunity to directly benefit from the company's financial success. The Fulton Georgia Stock Appreciation Right Plan consists of multiple types, each offering different features and benefits to eligible employees. These types may include: 1. Performance-based SARS: This type of SARS is linked to predetermined performance objectives set by the company. Employees are granted SARS based on the achievement of specific targets, such as revenue growth, market share expansion, or profitability improvement. The payout of SARS is directly tied to the company's performance, providing motivation for employees to contribute to its success. 2. Time-based SARS: Time-based SARS are granted to employees on a schedule or based on specific milestones. This SARS typically vest over a certain period, encouraging long-term commitment and loyalty from employees. The longer an employee stays with the company, the higher the potential payout from the SARS, creating a sense of ownership and alignment with the company's goals. 3. Change in control SARS: This type of SARS is triggered in the event of a change in control, such as a merger, acquisition, or sale of the company. If Helene Curtis Industries, Inc. experiences a change in control, eligible employees may receive a payout based on the increase in stock value resulting from the transaction. This ensures that employees are rewarded even in times of significant organizational change. The Fulton Georgia Stock Appreciation Right Plan serves as a powerful tool for Helene Curtis Industries, Inc. to attract, motivate, and retain top talent. By offering employees a stake in the company's success, it creates a shared interest in achieving outstanding results and contributing to the company's growth. Through the various types of SARS, employees are provided opportunities to earn additional compensation based on the company's performance, time with the organization, or changes in its ownership structure. Overall, this plan plays a crucial role in fostering a positive work environment and driving the company's long-term success.

The Fulton Georgia Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is a compensation program designed to incentivize and reward employees of the company through stock appreciation rights (SARS). This plan allows employees to receive additional compensation based on the increase in the company's stock price over a specific period. Helene Curtis Industries, Inc. is a company based in Fulton, Georgia that specializes in the manufacturing and marketing of personal care products. The company's stock appreciation right plan is a valuable tool for attracting and retaining top talent, as it offers employees an opportunity to directly benefit from the company's financial success. The Fulton Georgia Stock Appreciation Right Plan consists of multiple types, each offering different features and benefits to eligible employees. These types may include: 1. Performance-based SARS: This type of SARS is linked to predetermined performance objectives set by the company. Employees are granted SARS based on the achievement of specific targets, such as revenue growth, market share expansion, or profitability improvement. The payout of SARS is directly tied to the company's performance, providing motivation for employees to contribute to its success. 2. Time-based SARS: Time-based SARS are granted to employees on a schedule or based on specific milestones. This SARS typically vest over a certain period, encouraging long-term commitment and loyalty from employees. The longer an employee stays with the company, the higher the potential payout from the SARS, creating a sense of ownership and alignment with the company's goals. 3. Change in control SARS: This type of SARS is triggered in the event of a change in control, such as a merger, acquisition, or sale of the company. If Helene Curtis Industries, Inc. experiences a change in control, eligible employees may receive a payout based on the increase in stock value resulting from the transaction. This ensures that employees are rewarded even in times of significant organizational change. The Fulton Georgia Stock Appreciation Right Plan serves as a powerful tool for Helene Curtis Industries, Inc. to attract, motivate, and retain top talent. By offering employees a stake in the company's success, it creates a shared interest in achieving outstanding results and contributing to the company's growth. Through the various types of SARS, employees are provided opportunities to earn additional compensation based on the company's performance, time with the organization, or changes in its ownership structure. Overall, this plan plays a crucial role in fostering a positive work environment and driving the company's long-term success.