Los Angeles California Stock Appreciation Right Plan of Helene Curtis Industries, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• County: Los Angeles
• 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 Los Angeles California Stock Appreciation Right (SAR) Plan is a specific compensation program offered by Helene Curtis Industries, Inc., a prominent company based in Los Angeles, California. The SAR Plan is designed to reward employees for their performance and contributions towards the company's success. It functions as a form of stock-based compensation that allows eligible participants to benefit from the appreciation in the company's stock price over time. Under the Los Angeles California SAR Plan, participants are granted the right to receive cash or stock equal to the increase in the company's stock value during a specified period. This appreciation is often tied to the price of Helene Curtis Industries' stock in the stock market. Essentially, it provides employees with the opportunity to benefit financially if the company's stock price rises during the designated period. The SAR Plan is subject to certain conditions and guidelines established by Helene Curtis Industries, Inc. The eligibility criteria, payout structure, and vesting schedule may vary depending on the specific plan details and individual circumstances. The plan is typically offered to key employees or executives who play a crucial role in driving the company's growth and success. Los Angeles California SAR Plans can come in different types, such as Performance-Based SARS and Time-Based SARS. Performance-Based SARS are contingent upon the achievement of predetermined financial goals or targets, ensuring that participants are rewarded based on the company's overall performance. Time-Based SARS, on the other hand, rely on the passage of time to determine the appreciation value and are less dependent on specific performance metrics. Participation in the Los Angeles California SAR Plan aligns the interests of employees with those of the company's shareholders. By linking compensation to the stock's performance, employees are motivated to contribute towards the company's long-term success, resulting in a more engaged and dedicated workforce. In conclusion, the Los Angeles California Stock Appreciation Right Plan offered by Helene Curtis Industries, Inc. is a valuable compensation program that grants eligible participants the right to receive cash or stock based on the appreciation of the company's stock value. It serves as an effective tool to incentivize and reward employees for their contributions towards the company's growth and success.

Los Angeles California Stock Appreciation Right (SAR) Plan is a specific compensation program offered by Helene Curtis Industries, Inc., a prominent company based in Los Angeles, California. The SAR Plan is designed to reward employees for their performance and contributions towards the company's success. It functions as a form of stock-based compensation that allows eligible participants to benefit from the appreciation in the company's stock price over time. Under the Los Angeles California SAR Plan, participants are granted the right to receive cash or stock equal to the increase in the company's stock value during a specified period. This appreciation is often tied to the price of Helene Curtis Industries' stock in the stock market. Essentially, it provides employees with the opportunity to benefit financially if the company's stock price rises during the designated period. The SAR Plan is subject to certain conditions and guidelines established by Helene Curtis Industries, Inc. The eligibility criteria, payout structure, and vesting schedule may vary depending on the specific plan details and individual circumstances. The plan is typically offered to key employees or executives who play a crucial role in driving the company's growth and success. Los Angeles California SAR Plans can come in different types, such as Performance-Based SARS and Time-Based SARS. Performance-Based SARS are contingent upon the achievement of predetermined financial goals or targets, ensuring that participants are rewarded based on the company's overall performance. Time-Based SARS, on the other hand, rely on the passage of time to determine the appreciation value and are less dependent on specific performance metrics. Participation in the Los Angeles California SAR Plan aligns the interests of employees with those of the company's shareholders. By linking compensation to the stock's performance, employees are motivated to contribute towards the company's long-term success, resulting in a more engaged and dedicated workforce. In conclusion, the Los Angeles California Stock Appreciation Right Plan offered by Helene Curtis Industries, Inc. is a valuable compensation program that grants eligible participants the right to receive cash or stock based on the appreciation of the company's stock value. It serves as an effective tool to incentivize and reward employees for their contributions towards the company's growth and success.