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

• Category: Corporations - Public - Stock Options
• State: Multi-State
• County: Tarrant
• 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 Tarrant Texas Stock Appreciation Right Plan (SAR Plan) is a compensation program implemented by Helene Curtis Industries, Inc., a renowned consumer goods company. This plan provides employees with an opportunity to participate in the company's growth and financial success through stock appreciation rights. Under the Tarrant Texas SAR Plan, selected employees are granted stock appreciation rights, which are similar to stock options. These rights entitle the employees to receive a cash payment equal to the appreciation in value of a specified number of company shares over a predetermined period. This means that if the stock price of Helene Curtis Industries, Inc. increases during the specified period, the employees can profit from this increase without actually purchasing those shares. One of the benefits of the Tarrant Texas SAR Plan is that it aligns the interests of the employees with those of the company's shareholders. As the stock price rises, employees receive financial incentives, encouraging them to contribute to the company's growth and profitability. This plan not only rewards employees for their performance but also helps retain and attract talented individuals who can contribute to the company's success. There may be different variations or types of stock appreciation right plans within the Tarrant Texas SAR Plan of Helene Curtis Industries, Inc., catering to different employee groups or roles within the organization. These variations can include executive stock appreciation rights, management stock appreciation rights, and employee stock appreciation rights. However, the specific details of these variations would depend on the company's internal policies and guidelines. In summary, the Tarrant Texas Stock Appreciation Right Plan of Helene Curtis Industries, Inc. provides employees with an opportunity to benefit from the company's stock price appreciation without actually owning the shares. It serves as a powerful tool for employee motivation, retention, and aligning their interests with those of the company and its shareholders.

The Tarrant Texas Stock Appreciation Right Plan (SAR Plan) is a compensation program implemented by Helene Curtis Industries, Inc., a renowned consumer goods company. This plan provides employees with an opportunity to participate in the company's growth and financial success through stock appreciation rights. Under the Tarrant Texas SAR Plan, selected employees are granted stock appreciation rights, which are similar to stock options. These rights entitle the employees to receive a cash payment equal to the appreciation in value of a specified number of company shares over a predetermined period. This means that if the stock price of Helene Curtis Industries, Inc. increases during the specified period, the employees can profit from this increase without actually purchasing those shares. One of the benefits of the Tarrant Texas SAR Plan is that it aligns the interests of the employees with those of the company's shareholders. As the stock price rises, employees receive financial incentives, encouraging them to contribute to the company's growth and profitability. This plan not only rewards employees for their performance but also helps retain and attract talented individuals who can contribute to the company's success. There may be different variations or types of stock appreciation right plans within the Tarrant Texas SAR Plan of Helene Curtis Industries, Inc., catering to different employee groups or roles within the organization. These variations can include executive stock appreciation rights, management stock appreciation rights, and employee stock appreciation rights. However, the specific details of these variations would depend on the company's internal policies and guidelines. In summary, the Tarrant Texas Stock Appreciation Right Plan of Helene Curtis Industries, Inc. provides employees with an opportunity to benefit from the company's stock price appreciation without actually owning the shares. It serves as a powerful tool for employee motivation, retention, and aligning their interests with those of the company and its shareholders.