Los Angeles California Restricted Stock Award Plan of Coca-Cola Enterprises, Inc.

• Category: Corporations - Public - Incentive Compensation Plans
• State: Multi-State
• County: Los Angeles
• 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 Los Angeles California Restricted Stock Award Plan is a tailored program offered by Coca-Cola Enterprises, Inc. to its employees at specific locations in Los Angeles, California. This plan aims to provide eligible employees with the opportunity to receive restricted stock awards as part of their compensation package. Under the Los Angeles California Restricted Stock Award Plan, employees are granted shares of Coca-Cola Enterprises, Inc. stock, which are usually subject to certain restrictions during a specified vesting period. These restrictions may include time-based restrictions, performance conditions, or a combination of both. Once the restrictions are met, the awarded stocks become fully vested and can be freely traded or sold. There may be different types of Los Angeles California Restricted Stock Award Plans under Coca-Cola Enterprises, Inc., each designed to meet different objectives or cater to specific employee groups. The specific names of such plans may vary and could include: 1. Los Angeles California Employee Stock Purchase Plan: This plan allows eligible employees to purchase company stocks at a discounted price. It is designed to encourage employee ownership and participation in the company's growth. 2. Los Angeles California Performance Restricted Stock Plan: This plan links the award of restricted stock to specific performance goals or targets. Employees may be awarded additional shares if predetermined performance criteria are achieved, thus incentivizing performance excellence and aligning employee interests with the company's objectives. 3. Los Angeles California Executive Stock Option Plan: This plan may be offered exclusively to certain executives or high-level employees and provides them with the right to purchase company stock at a predetermined price within a specified timeframe. This serves as additional performance-based compensation for top-tier individuals. 4. Los Angeles California Restricted Stock Unit Plan: This plan awards employees with units that represent the promise of shares rather than actual stock. Upon vesting, these units can be converted into company shares or their cash equivalent. 5. Los Angeles California Stock Appreciation Rights Plan: This plan grants eligible employees the right to receive the increase in the company's stock price over a certain period. It offers a cash or stock payout based on the difference between the grant price and the fair market value of the stock at the time of exercise. The Los Angeles California Restricted Stock Award Plans of Coca-Cola Enterprises, Inc. not only serve as attractive incentives for employees but also help align their interests with the company's success, fostering a sense of ownership and loyalty within the workforce.

The Los Angeles California Restricted Stock Award Plan is a tailored program offered by Coca-Cola Enterprises, Inc. to its employees at specific locations in Los Angeles, California. This plan aims to provide eligible employees with the opportunity to receive restricted stock awards as part of their compensation package. Under the Los Angeles California Restricted Stock Award Plan, employees are granted shares of Coca-Cola Enterprises, Inc. stock, which are usually subject to certain restrictions during a specified vesting period. These restrictions may include time-based restrictions, performance conditions, or a combination of both. Once the restrictions are met, the awarded stocks become fully vested and can be freely traded or sold. There may be different types of Los Angeles California Restricted Stock Award Plans under Coca-Cola Enterprises, Inc., each designed to meet different objectives or cater to specific employee groups. The specific names of such plans may vary and could include: 1. Los Angeles California Employee Stock Purchase Plan: This plan allows eligible employees to purchase company stocks at a discounted price. It is designed to encourage employee ownership and participation in the company's growth. 2. Los Angeles California Performance Restricted Stock Plan: This plan links the award of restricted stock to specific performance goals or targets. Employees may be awarded additional shares if predetermined performance criteria are achieved, thus incentivizing performance excellence and aligning employee interests with the company's objectives. 3. Los Angeles California Executive Stock Option Plan: This plan may be offered exclusively to certain executives or high-level employees and provides them with the right to purchase company stock at a predetermined price within a specified timeframe. This serves as additional performance-based compensation for top-tier individuals. 4. Los Angeles California Restricted Stock Unit Plan: This plan awards employees with units that represent the promise of shares rather than actual stock. Upon vesting, these units can be converted into company shares or their cash equivalent. 5. Los Angeles California Stock Appreciation Rights Plan: This plan grants eligible employees the right to receive the increase in the company's stock price over a certain period. It offers a cash or stock payout based on the difference between the grant price and the fair market value of the stock at the time of exercise. The Los Angeles California Restricted Stock Award Plans of Coca-Cola Enterprises, Inc. not only serve as attractive incentives for employees but also help align their interests with the company's success, fostering a sense of ownership and loyalty within the workforce.