Pima Arizona Stock Appreciation Right Plan of Helene Curtis Industries, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• County: Pima
• 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 Lima Arizona Stock Appreciation Right Plan (SHARP) is a unique employee compensation program implemented by Helene Curtis Industries Inc., a renowned consumer products company. This plan aims to reward employees' dedicated service and encourage their long-term commitment by providing them with stock options that appreciate in value over time. Under the Lima Arizona SHARP, eligible employees are granted a specific number of stock appreciation rights, allowing them to benefit when the company's stock price rises. These stock appreciation rights are usually tied to the performance of the company's shares in the market. Helene Curtis Industries Inc. offers two main types of Lima Arizona SHARP: 1. Performance-Based SHARP: This type of SHARP grants employees stock appreciation rights based on the company's performance and achievement of specified goals. If the company surpasses predetermined financial targets or achieves exceptional long-term growth, employees will be rewarded with additional stock appreciation rights. 2. Time-Based SHARP: In this SHARP variant, employees are granted stock appreciation rights based on their length of service with the company. The longer an employee remains with Helene Curtis Industries Inc., the more stock appreciation rights they will accumulate. This provides a tangible incentive for employee retention and loyalty. The Lima Arizona SHARP not only serves as a means to enhance employee morale and dedication but also aligns employees' interests with the company's success. By tying employees' compensation to the company's stock performance, this plan encourages individuals to actively contribute to the growth and profitability of Helene Curtis Industries Inc. Importantly, it's essential to consult official documents and company sources for accurate and up-to-date information regarding the Lima Arizona Stock Appreciation Right Plan of Helene Curtis Industries, Inc.

Lima Arizona Stock Appreciation Right Plan (SHARP) is a unique employee compensation program implemented by Helene Curtis Industries Inc., a renowned consumer products company. This plan aims to reward employees' dedicated service and encourage their long-term commitment by providing them with stock options that appreciate in value over time. Under the Lima Arizona SHARP, eligible employees are granted a specific number of stock appreciation rights, allowing them to benefit when the company's stock price rises. These stock appreciation rights are usually tied to the performance of the company's shares in the market. Helene Curtis Industries Inc. offers two main types of Lima Arizona SHARP: 1. Performance-Based SHARP: This type of SHARP grants employees stock appreciation rights based on the company's performance and achievement of specified goals. If the company surpasses predetermined financial targets or achieves exceptional long-term growth, employees will be rewarded with additional stock appreciation rights. 2. Time-Based SHARP: In this SHARP variant, employees are granted stock appreciation rights based on their length of service with the company. The longer an employee remains with Helene Curtis Industries Inc., the more stock appreciation rights they will accumulate. This provides a tangible incentive for employee retention and loyalty. The Lima Arizona SHARP not only serves as a means to enhance employee morale and dedication but also aligns employees' interests with the company's success. By tying employees' compensation to the company's stock performance, this plan encourages individuals to actively contribute to the growth and profitability of Helene Curtis Industries Inc. Importantly, it's essential to consult official documents and company sources for accurate and up-to-date information regarding the Lima Arizona Stock Appreciation Right Plan of Helene Curtis Industries, Inc.