Hennepin Minnesota Stock Appreciation Right Plan of Helene Curtis Industries, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• County: Hennepin
• 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 Hennepin Minnesota Stock Appreciation Right Plan is a compensation program implemented by Helene Curtis Industries, Inc., a leading consumer goods company. This plan is designed to incentivize and reward eligible employees for their contributions to the company's success. With a focus on stock appreciation, employees have the opportunity to benefit from the growth of Helene Curtis Industries' stock value. Under the Hennepin Minnesota Stock Appreciation Right Plan, eligible employees are granted stock appreciation rights (SARS) based on certain criteria established by the company. This SARS provides employees with the chance to profit from the appreciation in the company's stock price over a predetermined period. One type of the Hennepin Minnesota Stock Appreciation Right Plan is the Performance-Based SARS. This plan is based on the achievement of specific performance goals set by the company, such as revenue targets, market share growth, or other key performance indicators. Eligible employees who contribute towards meeting these goals can receive SARS, enabling them to benefit from the stock's appreciation if the goals are successfully reached. Another type of the Hennepin Minnesota Stock Appreciation Right Plan is the Time-Based SARS. In this plan, eligible employees receive SARS based on their tenure with the company. As employees continue their service, they earn a certain number of SARS over a predetermined period, providing them with the opportunity to benefit from the company's stock appreciation over time. The Hennepin Minnesota Stock Appreciation Right Plan is designed to align the interests of employees with the company's shareholders and encourage loyalty and performance among its workforce. By offering SARS, Helene Curtis Industries motivates its employees to contribute to the company's growth and success, while also allowing them to share in the potential financial rewards. Overall, the Hennepin Minnesota Stock Appreciation Right Plan of Helene Curtis Industries, Inc. provides eligible employees with an opportunity to benefit from the appreciation of company stock. Both the Performance-Based and Time-Based SARS aim to reward employees for their contributions and foster a sense of ownership and dedication within the organization.

The Hennepin Minnesota Stock Appreciation Right Plan is a compensation program implemented by Helene Curtis Industries, Inc., a leading consumer goods company. This plan is designed to incentivize and reward eligible employees for their contributions to the company's success. With a focus on stock appreciation, employees have the opportunity to benefit from the growth of Helene Curtis Industries' stock value. Under the Hennepin Minnesota Stock Appreciation Right Plan, eligible employees are granted stock appreciation rights (SARS) based on certain criteria established by the company. This SARS provides employees with the chance to profit from the appreciation in the company's stock price over a predetermined period. One type of the Hennepin Minnesota Stock Appreciation Right Plan is the Performance-Based SARS. This plan is based on the achievement of specific performance goals set by the company, such as revenue targets, market share growth, or other key performance indicators. Eligible employees who contribute towards meeting these goals can receive SARS, enabling them to benefit from the stock's appreciation if the goals are successfully reached. Another type of the Hennepin Minnesota Stock Appreciation Right Plan is the Time-Based SARS. In this plan, eligible employees receive SARS based on their tenure with the company. As employees continue their service, they earn a certain number of SARS over a predetermined period, providing them with the opportunity to benefit from the company's stock appreciation over time. The Hennepin Minnesota Stock Appreciation Right Plan is designed to align the interests of employees with the company's shareholders and encourage loyalty and performance among its workforce. By offering SARS, Helene Curtis Industries motivates its employees to contribute to the company's growth and success, while also allowing them to share in the potential financial rewards. Overall, the Hennepin Minnesota Stock Appreciation Right Plan of Helene Curtis Industries, Inc. provides eligible employees with an opportunity to benefit from the appreciation of company stock. Both the Performance-Based and Time-Based SARS aim to reward employees for their contributions and foster a sense of ownership and dedication within the organization.