Pima Arizona Restricted Stock Award Plan of Coca-Cola Enterprises, Inc.

• Category: Corporations - Public - Incentive Compensation Plans
• State: Multi-State
• County: Pima
• 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 Lima Arizona Restricted Stock Award Plan of Coca-Cola Enterprises, Inc. is an employee compensation program that grants certain eligible employees a predetermined number of shares of Coca-Cola Enterprises, Inc. stock. The plan is designed to incentivize and reward employees for their contributions to the company's success and align their interests with those of Coca-Cola Enterprises, Inc.'s shareholders. Under the Lima Arizona Restricted Stock Award Plan, employees have a restricted right to the stock granted, meaning they cannot sell or transfer the shares until specific conditions are met. These conditions typically include a minimum service period and the achievement of specified performance goals. The Lima Arizona Restricted Stock Award Plan aims to encourage employee retention, as the restricted nature of the stock awards incentivizes individuals to remain with the company for a defined period and contribute to its long-term growth. This plan helps foster a sense of ownership and loyalty among employees, as they have a vested interest in the company's success. There may be different types of Lima Arizona Restricted Stock Award Plans within Coca-Cola Enterprises, Inc., such as: 1. Lima Arizona Restricted Stock Award Plan for top executives: This plan may offer more substantial grants to executives holding key positions within the company. The awards typically reflect their level of responsibility and influence on the company's performance. 2. Lima Arizona Restricted Stock Award Plan for employees at various levels: This plan encompasses a broader spectrum of employees across different divisions and levels within the organization. The stock awards may vary based on factors such as job level, performance, and potential for growth. 3. Lima Arizona Restricted Stock Award Plan for specific departments or groups: Coca-Cola Enterprises, Inc. might also have tailored plans designed specifically for certain departments or employee groups within the organization. These plans could be tailored to the unique characteristics and goals of those departments or groups. Overall, the Lima Arizona Restricted Stock Award Plan of Coca-Cola Enterprises, Inc. serves as a crucial component of the company's overall compensation and talent retention strategy, driving employees' motivation and commitment to the company's long-term success.

The Lima Arizona Restricted Stock Award Plan of Coca-Cola Enterprises, Inc. is an employee compensation program that grants certain eligible employees a predetermined number of shares of Coca-Cola Enterprises, Inc. stock. The plan is designed to incentivize and reward employees for their contributions to the company's success and align their interests with those of Coca-Cola Enterprises, Inc.'s shareholders. Under the Lima Arizona Restricted Stock Award Plan, employees have a restricted right to the stock granted, meaning they cannot sell or transfer the shares until specific conditions are met. These conditions typically include a minimum service period and the achievement of specified performance goals. The Lima Arizona Restricted Stock Award Plan aims to encourage employee retention, as the restricted nature of the stock awards incentivizes individuals to remain with the company for a defined period and contribute to its long-term growth. This plan helps foster a sense of ownership and loyalty among employees, as they have a vested interest in the company's success. There may be different types of Lima Arizona Restricted Stock Award Plans within Coca-Cola Enterprises, Inc., such as: 1. Lima Arizona Restricted Stock Award Plan for top executives: This plan may offer more substantial grants to executives holding key positions within the company. The awards typically reflect their level of responsibility and influence on the company's performance. 2. Lima Arizona Restricted Stock Award Plan for employees at various levels: This plan encompasses a broader spectrum of employees across different divisions and levels within the organization. The stock awards may vary based on factors such as job level, performance, and potential for growth. 3. Lima Arizona Restricted Stock Award Plan for specific departments or groups: Coca-Cola Enterprises, Inc. might also have tailored plans designed specifically for certain departments or employee groups within the organization. These plans could be tailored to the unique characteristics and goals of those departments or groups. Overall, the Lima Arizona Restricted Stock Award Plan of Coca-Cola Enterprises, Inc. serves as a crucial component of the company's overall compensation and talent retention strategy, driving employees' motivation and commitment to the company's long-term success.