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

• Category: Corporations - Public - Stock Options
• State: Multi-State
• City: Houston
• 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 Houston Texas Stock Appreciation Right Plan of Helene Curtis Industries, Inc., is an employee incentive program offered by the company to reward its employees for their commitment and contribution towards the organization's success. Under this plan, employees are granted the opportunity to earn additional compensation based on the appreciation in the company's stock value over a certain period. The Houston Texas Stock Appreciation Right Plan is designed to align the interests of employees with the shareholders' objectives, fostering a culture of ownership and accountability. By granting stock appreciation rights, the company promotes long-term retention of talented individuals and encourages them to actively participate in the company's growth. The plan provides employees with a sense of shared success and enables them to benefit directly from their hard work and dedication. There are two main types of Houston Texas Stock Appreciation Right Plans offered by Helene Curtis Industries, Inc.: 1. Performance-Based Stock Appreciation Rights: This type of plan is linked to predetermined performance goals set by the company, such as achieving certain financial targets, increasing market share, or successfully launching new products. Employees are granted stock appreciation rights that vest based on the company's performance against these objectives. If the performance targets are met or exceeded, eligible employees can exercise their rights and receive the appreciation in stock value as additional compensation. 2. Time-Based Stock Appreciation Rights: In this type of plan, employees are granted stock appreciation rights that vest over a specific period, commonly known as a vesting period. The vesting schedule determines when employees can exercise their rights and receive the stock appreciation as compensation. Typically, employees must wait for a certain number of years before they can exercise their rights. This type of plan ensures that employees remain committed to the company for a longer duration and incentivizes loyalty and dedication. The Houston Texas Stock Appreciation Right Plan is a valuable employee benefit, attracting and retaining top talent within Helene Curtis Industries, Inc. This compensation program demonstrates the company's commitment to recognizing and rewarding employee contributions, enhancing employee engagement, and fostering a positive work culture. As a result, the plan plays a significant role in the overall success and growth of the company while ensuring employees feel valued and motivated.

Houston Texas Stock Appreciation Right Plan of Helene Curtis Industries, Inc., is an employee incentive program offered by the company to reward its employees for their commitment and contribution towards the organization's success. Under this plan, employees are granted the opportunity to earn additional compensation based on the appreciation in the company's stock value over a certain period. The Houston Texas Stock Appreciation Right Plan is designed to align the interests of employees with the shareholders' objectives, fostering a culture of ownership and accountability. By granting stock appreciation rights, the company promotes long-term retention of talented individuals and encourages them to actively participate in the company's growth. The plan provides employees with a sense of shared success and enables them to benefit directly from their hard work and dedication. There are two main types of Houston Texas Stock Appreciation Right Plans offered by Helene Curtis Industries, Inc.: 1. Performance-Based Stock Appreciation Rights: This type of plan is linked to predetermined performance goals set by the company, such as achieving certain financial targets, increasing market share, or successfully launching new products. Employees are granted stock appreciation rights that vest based on the company's performance against these objectives. If the performance targets are met or exceeded, eligible employees can exercise their rights and receive the appreciation in stock value as additional compensation. 2. Time-Based Stock Appreciation Rights: In this type of plan, employees are granted stock appreciation rights that vest over a specific period, commonly known as a vesting period. The vesting schedule determines when employees can exercise their rights and receive the stock appreciation as compensation. Typically, employees must wait for a certain number of years before they can exercise their rights. This type of plan ensures that employees remain committed to the company for a longer duration and incentivizes loyalty and dedication. The Houston Texas Stock Appreciation Right Plan is a valuable employee benefit, attracting and retaining top talent within Helene Curtis Industries, Inc. This compensation program demonstrates the company's commitment to recognizing and rewarding employee contributions, enhancing employee engagement, and fostering a positive work culture. As a result, the plan plays a significant role in the overall success and growth of the company while ensuring employees feel valued and motivated.