Maricopa Arizona Stock Appreciation Rights Plan of The Todd-AO Corporation

• Category: Corporations - Public - Stock Options
• State: Multi-State
• County: Maricopa
• Control #: US-CC-18-403A
• Format: Word; Rich Text

Description

18-403A 18-403A . . . Stock Appreciation Rights Plan which provides for granting of (a) SARs to employees, directors and consultants and (b) limited stock appreciation rights to persons who are subject to Section 16 of Exchange Act. Limited rights have same terms and conditions as SARs except that limited rights are automatically exercised on date established, without any action on part of grantee, which is at least six months after grant of limited right. To extent limited right is exercised, related SAR is canceled and vice versa. The purpose of limited right is to provide grantees who are subject to short swing profit recovery provisions of Exchange Act with benefits associated with exercise of SARs even though exercise occurs outside of "window period" prescribed by SEC The Maricopa Arizona Stock Appreciation Rights Plan of The Todd-AO Corporation is an employee incentive program designed to attract and retain talented individuals by offering them an opportunity to share in the company's growth and success. This plan is specifically tailored for employees of The Todd-AO Corporation based in Maricopa, Arizona. Stock appreciation rights (SARS) are a type of equity compensation plan whereby employees receive the right to profit from the appreciation in the company's stock price over a certain period of time. As the stock price rises, the employee can exercise their SARS and receive the difference between the stock's fair market value and the grant price as cash or stock. The Maricopa Arizona Stock Appreciation Rights Plan of The Todd-AO Corporation motivates employees to work harder and contribute to the company's overall performance. By linking employee compensation directly to the company's stock price, it aligns their interests with those of the shareholders, fostering a sense of ownership and camaraderie within the organization. There are several types of Stock Appreciation Rights Plans offered by The Todd-AO Corporation in Maricopa, Arizona: 1. Performance-based SARS: These SARS grant employees the right to profit from the increase in stock price based on predetermined company performance goals. The SARS may only be exercised if the company achieves certain financial targets, ensuring that employees are rewarded for their contributions to the company's success. 2. Time-based SARS: This SARS vest and become exercisable over a specified period of time, often in increments. This type of plan incentivizes long-term commitment and loyalty as employees must remain with the company for a certain duration to fully benefit from the appreciation in stock price. 3. Change-in-control SARS: This SARS is triggered in the event of a change in control of the company, such as a merger or acquisition. Employees are granted the right to profit from the increase in stock price resulting from the change in control, further aligning their interests with the company's strategic direction. The Maricopa Arizona Stock Appreciation Rights Plan of The Todd-AO Corporation provides employees with a valuable opportunity to participate in the growth and success of the company. It motivates and rewards employees for their hard work, fosters loyalty and dedication, and aligns their interests with those of the shareholders. It is an effective tool for attracting and retaining talented individuals in Maricopa, Arizona, and encourages a culture of ownership and collaboration within The Todd-AO Corporation.

The Maricopa Arizona Stock Appreciation Rights Plan of The Todd-AO Corporation is an employee incentive program designed to attract and retain talented individuals by offering them an opportunity to share in the company's growth and success. This plan is specifically tailored for employees of The Todd-AO Corporation based in Maricopa, Arizona. Stock appreciation rights (SARS) are a type of equity compensation plan whereby employees receive the right to profit from the appreciation in the company's stock price over a certain period of time. As the stock price rises, the employee can exercise their SARS and receive the difference between the stock's fair market value and the grant price as cash or stock. The Maricopa Arizona Stock Appreciation Rights Plan of The Todd-AO Corporation motivates employees to work harder and contribute to the company's overall performance. By linking employee compensation directly to the company's stock price, it aligns their interests with those of the shareholders, fostering a sense of ownership and camaraderie within the organization. There are several types of Stock Appreciation Rights Plans offered by The Todd-AO Corporation in Maricopa, Arizona: 1. Performance-based SARS: These SARS grant employees the right to profit from the increase in stock price based on predetermined company performance goals. The SARS may only be exercised if the company achieves certain financial targets, ensuring that employees are rewarded for their contributions to the company's success. 2. Time-based SARS: This SARS vest and become exercisable over a specified period of time, often in increments. This type of plan incentivizes long-term commitment and loyalty as employees must remain with the company for a certain duration to fully benefit from the appreciation in stock price. 3. Change-in-control SARS: This SARS is triggered in the event of a change in control of the company, such as a merger or acquisition. Employees are granted the right to profit from the increase in stock price resulting from the change in control, further aligning their interests with the company's strategic direction. The Maricopa Arizona Stock Appreciation Rights Plan of The Todd-AO Corporation provides employees with a valuable opportunity to participate in the growth and success of the company. It motivates and rewards employees for their hard work, fosters loyalty and dedication, and aligns their interests with those of the shareholders. It is an effective tool for attracting and retaining talented individuals in Maricopa, Arizona, and encourages a culture of ownership and collaboration within The Todd-AO Corporation.