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 San Jose California Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is a comprehensive employee benefits program offered by the company to reward its employees for their dedication and commitment. This plan specifically focuses on providing stock appreciation rights (SARS) as a form of incentive compensation to eligible employees. Helene Curtis Industries, Inc. is a renowned company operating in the consumer goods industry, with its headquarters located in San Jose, California. As part of its efforts to attract, motivate, and retain talented individuals, the company has designed a tailored Stock Appreciation Right Plan for employees in San Jose, California. The San Jose California Stock Appreciation Right Plan aims to align the financial interests of the employees with those of the company, promoting mutual growth and success. This plan enables eligible employees to receive SARS, which reflect the appreciation in value of Helene Curtis Industries, Inc. stock over a specified period. The SARS provided under this plan give eligible employees the right to receive the difference between the fair market value of the stock on the date of exercise and the grant price. Employees have the flexibility to exercise their SARS and convert them into company stock at their discretion. This allows individuals to benefit from any potential increase in the stock's value, presenting a valuable opportunity for financial growth. The San Jose California Stock Appreciation Right Plan of Helene Curtis Industries, Inc. offers various types of SARS to cater to the diverse needs and preferences of employees. These may include Non-Qualified Stock Appreciation Rights (SARS) and Incentive Stock Appreciation Rights (SARS). Non-Qualified Stock Appreciation Rights (SARS) provide employees the flexibility to exercise their SARS at any time, regardless of specific conditions or limitations. This type of SAR offers immediate financial benefits, allowing employees to receive compensation in the form of company stock. Incentive Stock Appreciation Rights (SARS) are typically reserved for key employees and executives of Helene Curtis Industries, Inc. This SARS offer additional tax advantages, as they are subject to different taxation regulations, potentially resulting in lower tax liability for eligible employees. Overall, the San Jose California Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is a progressive and inclusive employee benefits program. It empowers employees in San Jose, California, by providing a unique opportunity to participate in the company's financial success, aligning their interests with the long-term growth of the organization.
The San Jose California Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is a comprehensive employee benefits program offered by the company to reward its employees for their dedication and commitment. This plan specifically focuses on providing stock appreciation rights (SARS) as a form of incentive compensation to eligible employees. Helene Curtis Industries, Inc. is a renowned company operating in the consumer goods industry, with its headquarters located in San Jose, California. As part of its efforts to attract, motivate, and retain talented individuals, the company has designed a tailored Stock Appreciation Right Plan for employees in San Jose, California. The San Jose California Stock Appreciation Right Plan aims to align the financial interests of the employees with those of the company, promoting mutual growth and success. This plan enables eligible employees to receive SARS, which reflect the appreciation in value of Helene Curtis Industries, Inc. stock over a specified period. The SARS provided under this plan give eligible employees the right to receive the difference between the fair market value of the stock on the date of exercise and the grant price. Employees have the flexibility to exercise their SARS and convert them into company stock at their discretion. This allows individuals to benefit from any potential increase in the stock's value, presenting a valuable opportunity for financial growth. The San Jose California Stock Appreciation Right Plan of Helene Curtis Industries, Inc. offers various types of SARS to cater to the diverse needs and preferences of employees. These may include Non-Qualified Stock Appreciation Rights (SARS) and Incentive Stock Appreciation Rights (SARS). Non-Qualified Stock Appreciation Rights (SARS) provide employees the flexibility to exercise their SARS at any time, regardless of specific conditions or limitations. This type of SAR offers immediate financial benefits, allowing employees to receive compensation in the form of company stock. Incentive Stock Appreciation Rights (SARS) are typically reserved for key employees and executives of Helene Curtis Industries, Inc. This SARS offer additional tax advantages, as they are subject to different taxation regulations, potentially resulting in lower tax liability for eligible employees. Overall, the San Jose California Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is a progressive and inclusive employee benefits program. It empowers employees in San Jose, California, by providing a unique opportunity to participate in the company's financial success, aligning their interests with the long-term growth of the organization.