Hillsborough Florida Restricted Stock Award Plan of Coca-Cola Enterprises, Inc.

• Category: Corporations - Public - Incentive Compensation Plans
• State: Multi-State
• County: Hillsborough
• Control #: US-CC-20-163H
• Format: Word; Rich Text

Description

20-163H 20-163H . . . Restricted Stock Award Plan under which committee of Board of Directors can (a) grant restricted stock to officers and key employees of corporation and (b) reimburse such persons for amounts payable by them as consequence of any such award The Hillsborough Florida Restricted Stock Award Plan is a program implemented by Coca-Cola Enterprises, Inc. that offers employees in Hillsborough, Florida the opportunity to receive restricted stock awards as part of their compensation package. Under this plan, eligible employees are granted a certain number of shares of Coca-Cola Enterprises' restricted stock, subject to various terms and conditions. These awards act as a performance-based incentive, encouraging employees to contribute to the success and growth of the company. The Hillsborough Florida Restricted Stock Award Plan aims to align employees' interests with those of the company's shareholders, creating a sense of ownership and motivation to drive long-term value. By offering restricted stock awards, Coca-Cola Enterprises provides employees with the opportunity to benefit from the company's performance and share in its success. There are different types of restricted stock awards that may be granted under the Hillsborough Florida Restricted Stock Award Plan. These include time-based awards and performance-based awards. Time-based awards are granted to employees based on their tenure with the company. As the employee remains with the company for a predetermined period, typically vesting over several years, the restricted shares gradually become fully owned. This type of award promotes employee retention and loyalty, as the longer an employee stays with the company, the greater their potential financial benefit. Performance-based awards, on the other hand, are granted based on specified performance criteria. These criteria may be related to the individual employee's performance, team performance, or the overall company's performance. The restricted shares are granted if the performance goals are achieved within the defined performance period. Performance-based awards help align the employee's efforts with the company's strategic objectives, driving growth and profitability. It is important to note that the specific terms and conditions of the Hillsborough Florida Restricted Stock Award Plan may vary depending on the employee's position, level, and other factors determined by Coca-Cola Enterprises. The plan aims to incentivize employees, promote loyalty, and reward performance, fostering a culture of success and shared ownership within the organization. In conclusion, the Hillsborough Florida Restricted Stock Award Plan of Coca-Cola Enterprises, Inc. is a program that grants employees in Hillsborough, Florida restricted stock awards as part of their compensation package. The plan includes different types of awards, such as time-based and performance-based, which aim to motivate and reward employees for their contributions to the company's growth and success.

The Hillsborough Florida Restricted Stock Award Plan is a program implemented by Coca-Cola Enterprises, Inc. that offers employees in Hillsborough, Florida the opportunity to receive restricted stock awards as part of their compensation package. Under this plan, eligible employees are granted a certain number of shares of Coca-Cola Enterprises' restricted stock, subject to various terms and conditions. These awards act as a performance-based incentive, encouraging employees to contribute to the success and growth of the company. The Hillsborough Florida Restricted Stock Award Plan aims to align employees' interests with those of the company's shareholders, creating a sense of ownership and motivation to drive long-term value. By offering restricted stock awards, Coca-Cola Enterprises provides employees with the opportunity to benefit from the company's performance and share in its success. There are different types of restricted stock awards that may be granted under the Hillsborough Florida Restricted Stock Award Plan. These include time-based awards and performance-based awards. Time-based awards are granted to employees based on their tenure with the company. As the employee remains with the company for a predetermined period, typically vesting over several years, the restricted shares gradually become fully owned. This type of award promotes employee retention and loyalty, as the longer an employee stays with the company, the greater their potential financial benefit. Performance-based awards, on the other hand, are granted based on specified performance criteria. These criteria may be related to the individual employee's performance, team performance, or the overall company's performance. The restricted shares are granted if the performance goals are achieved within the defined performance period. Performance-based awards help align the employee's efforts with the company's strategic objectives, driving growth and profitability. It is important to note that the specific terms and conditions of the Hillsborough Florida Restricted Stock Award Plan may vary depending on the employee's position, level, and other factors determined by Coca-Cola Enterprises. The plan aims to incentivize employees, promote loyalty, and reward performance, fostering a culture of success and shared ownership within the organization. In conclusion, the Hillsborough Florida Restricted Stock Award Plan of Coca-Cola Enterprises, Inc. is a program that grants employees in Hillsborough, Florida restricted stock awards as part of their compensation package. The plan includes different types of awards, such as time-based and performance-based, which aim to motivate and reward employees for their contributions to the company's growth and success.