San Bernardino California Restricted Stock Award Plan of Coca-Cola Enterprises, Inc.

• Category: Corporations - Public - Incentive Compensation Plans
• State: Multi-State
• County: San Bernardino
• 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 San Bernardino California Restricted Stock Award Plan (RAP) of Coca-Cola Enterprises, Inc. (CCE) is a program intended to incentivize and reward key employees of the company residing in the San Bernardino region of California. By granting participants restricted stock awards, CCE aims to align the interests of employees with the long-term success and prosperity of the organization. Under this plan, eligible individuals are awarded a specified number of shares of Coca-Cola Enterprises' common stock, subject to certain restrictions and vesting periods. These restrictions typically ensure that the shares cannot be sold, transferred, or otherwise disposed of for a predetermined period, typically ranging from two to five years. By doing so, the RAP encourages employees to remain with the company, fostering loyalty and dedication. The San Bernardino California RAP of Coca-Cola Enterprises may consist of various types of restricted stock awards, depending on the specific provisions and guidelines set forth in the plan. Some potential types may include: 1. Performance-Based Restricted Stock Awards: These awards are contingent upon achieving predefined performance targets set by Coca-Cola Enterprises. Participants receive shares based on their individual or group performance, ensuring higher rewards for exceptional achievements. 2. Time-Based Restricted Stock Awards: This type of award grants participants a certain number of shares that vest after a specified period of time, often on an annual basis. As employees remain with the company, they earn more shares, thus promoting longevity and dedication. 3. Market-Based Restricted Stock Awards: These awards are tied to the performance of Coca-Cola Enterprises' stock in the market. Participants receive shares based on specific market-related criteria, such as stock price appreciation, dividend payments, or market share growth. 4. Equity Incentive Plan: The RAP may fall under Coca-Cola Enterprises' broader Equity Incentive Plan (EIP), which encompasses various equity-based compensation programs. The EIP provides guidelines, rules, and administrative procedures for granting, vesting, and administering restricted stock awards. It is important to note that the specific details and types of the San Bernardino California RAP of Coca-Cola Enterprises may vary based on the company's internal policies, goals, and market conditions. Eligible employees are advised to refer to the official plan documents, guidelines, and communications provided by Coca-Cola Enterprises for comprehensive information regarding their participation in the program.

The San Bernardino California Restricted Stock Award Plan (RAP) of Coca-Cola Enterprises, Inc. (CCE) is a program intended to incentivize and reward key employees of the company residing in the San Bernardino region of California. By granting participants restricted stock awards, CCE aims to align the interests of employees with the long-term success and prosperity of the organization. Under this plan, eligible individuals are awarded a specified number of shares of Coca-Cola Enterprises' common stock, subject to certain restrictions and vesting periods. These restrictions typically ensure that the shares cannot be sold, transferred, or otherwise disposed of for a predetermined period, typically ranging from two to five years. By doing so, the RAP encourages employees to remain with the company, fostering loyalty and dedication. The San Bernardino California RAP of Coca-Cola Enterprises may consist of various types of restricted stock awards, depending on the specific provisions and guidelines set forth in the plan. Some potential types may include: 1. Performance-Based Restricted Stock Awards: These awards are contingent upon achieving predefined performance targets set by Coca-Cola Enterprises. Participants receive shares based on their individual or group performance, ensuring higher rewards for exceptional achievements. 2. Time-Based Restricted Stock Awards: This type of award grants participants a certain number of shares that vest after a specified period of time, often on an annual basis. As employees remain with the company, they earn more shares, thus promoting longevity and dedication. 3. Market-Based Restricted Stock Awards: These awards are tied to the performance of Coca-Cola Enterprises' stock in the market. Participants receive shares based on specific market-related criteria, such as stock price appreciation, dividend payments, or market share growth. 4. Equity Incentive Plan: The RAP may fall under Coca-Cola Enterprises' broader Equity Incentive Plan (EIP), which encompasses various equity-based compensation programs. The EIP provides guidelines, rules, and administrative procedures for granting, vesting, and administering restricted stock awards. It is important to note that the specific details and types of the San Bernardino California RAP of Coca-Cola Enterprises may vary based on the company's internal policies, goals, and market conditions. Eligible employees are advised to refer to the official plan documents, guidelines, and communications provided by Coca-Cola Enterprises for comprehensive information regarding their participation in the program.