Tarrant Texas Stock Appreciation Rights Plan of The Todd-AO Corporation

• Category: Corporations - Public - Stock Options
• State: Multi-State
• County: Tarrant
• 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 Tarrant Texas Stock Appreciation Rights Plan is a unique compensation tool offered by The Todd-AO Corporation, a prominent company based in Tarrant, Texas. This employee benefit is designed to reward and incentivize employees by providing them with the opportunity to earn stock appreciation rights (SARS). Under this plan, eligible employees are granted SARS, which give them the right to receive a payment equivalent to the increase in the value of Todd-AO's stock over a predetermined period of time. These rights can be exercised either in cash or stock, depending on the terms specified in the plan. The Tarrant Texas Stock Appreciation Rights Plan of The Todd-AO Corporation consists of various types, catering to different employee groups and objectives. Here are a few notable variations: 1. Executive Stock Appreciation Rights Plan: This specific plan is designed for top-level executives within the company. It aims to align their interests with the long-term performance of the organization, encouraging them to contribute to Todd-AO's growth and success. 2. Employee Stock Appreciation Rights Plan: This plan is offered to all eligible employees, excluding executives. It provides a means for Todd-AO to reward and motivate its workforce as a whole, by allowing them to share in the company's stock price appreciation. 3. Director Stock Appreciation Rights Plan: As the name suggests, this plan is exclusively for members of the Board of Directors at Todd-AO. It ensures that the board stays involved and invested in the company's performance and allows them to benefit from its success. 4. Performance-Based Stock Appreciation Rights Plan: This variation is based on specific performance goals and targets. It requires employees to meet or exceed these predefined objectives in order to exercise their SARS. Such plans create a performance-driven culture and encourage employees to strive for excellence. The Tarrant Texas Stock Appreciation Rights Plan offered by The Todd-AO Corporation is a valuable tool in attracting, retaining, and motivating employees. By aligning their interests with the company's stock performance, employees have the opportunity to earn additional compensation and become more engaged in achieving Todd-AO's goals. This innovative plan has proven to be an effective means of rewarding and recognizing employees, fostering a culture of ownership and financial success within the organization.

The Tarrant Texas Stock Appreciation Rights Plan is a unique compensation tool offered by The Todd-AO Corporation, a prominent company based in Tarrant, Texas. This employee benefit is designed to reward and incentivize employees by providing them with the opportunity to earn stock appreciation rights (SARS). Under this plan, eligible employees are granted SARS, which give them the right to receive a payment equivalent to the increase in the value of Todd-AO's stock over a predetermined period of time. These rights can be exercised either in cash or stock, depending on the terms specified in the plan. The Tarrant Texas Stock Appreciation Rights Plan of The Todd-AO Corporation consists of various types, catering to different employee groups and objectives. Here are a few notable variations: 1. Executive Stock Appreciation Rights Plan: This specific plan is designed for top-level executives within the company. It aims to align their interests with the long-term performance of the organization, encouraging them to contribute to Todd-AO's growth and success. 2. Employee Stock Appreciation Rights Plan: This plan is offered to all eligible employees, excluding executives. It provides a means for Todd-AO to reward and motivate its workforce as a whole, by allowing them to share in the company's stock price appreciation. 3. Director Stock Appreciation Rights Plan: As the name suggests, this plan is exclusively for members of the Board of Directors at Todd-AO. It ensures that the board stays involved and invested in the company's performance and allows them to benefit from its success. 4. Performance-Based Stock Appreciation Rights Plan: This variation is based on specific performance goals and targets. It requires employees to meet or exceed these predefined objectives in order to exercise their SARS. Such plans create a performance-driven culture and encourage employees to strive for excellence. The Tarrant Texas Stock Appreciation Rights Plan offered by The Todd-AO Corporation is a valuable tool in attracting, retaining, and motivating employees. By aligning their interests with the company's stock performance, employees have the opportunity to earn additional compensation and become more engaged in achieving Todd-AO's goals. This innovative plan has proven to be an effective means of rewarding and recognizing employees, fostering a culture of ownership and financial success within the organization.