Tarrant Texas Restricted Stock Award Plan of Coca-Cola Enterprises, Inc.

State:
Multi-State
County:
Tarrant
Control #:
US-CC-20-163H
Format:
Word; 
Rich Text
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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

Tarrant Texas Restricted Stock Award Plan of Coca-Cola Enterprises, Inc. is a compensation program offered by Coca-Cola Enterprises, Inc. to its eligible employees working in Tarrant, Texas. This plan provides employees with the opportunity to receive restricted stocks as a part of their overall compensation package. The Tarrant Texas Restricted Stock Award Plan is designed to incentivize and align employees' interests with the long-term success of the company. By granting restricted stocks, Coca-Cola Enterprises aims to reward its employees for their dedication, contributions, and commitment. Restricted stock refers to company shares that are granted to employees with specific restrictions or conditions. These restrictions typically include a vesting schedule and performance-based requirements. Under the Tarrant Texas Restricted Stock Award Plan, eligible employees are granted a specific number of restricted stock units (RSS) at a predetermined price. This RSS is subject to a vesting period, during which the employee must remain employed by the company to receive the full benefit of the stocks. The vesting period can span several years, with a portion of the RSS vesting annually or at predetermined milestones. Once the RSS have vested, employees have the option to sell the shares or retain them as long-term investments, depending on their individual financial goals. The Tarrant Texas Restricted Stock Award Plan ensures that employees have a vested interest in the success of Coca-Cola Enterprises, as their financial gains are directly tied to the company's performance. This encourages employees to make decisions that are beneficial for the company's growth, profitability, and long-term sustainability. By offering this plan, Coca-Cola Enterprises aims to attract and retain top talent in Tarrant, Texas, providing employees with an additional form of compensation that contributes to their overall financial well-being. In conclusion, the Tarrant Texas Restricted Stock Award Plan is a compensation program offered by Coca-Cola Enterprises, Inc. to its eligible employees in Tarrant, Texas. It provides employees with the opportunity to receive restricted stock units as part of their overall compensation package, aligning their interests with the long-term success of the company.

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FAQ

PepsiCo Inc. already grants all its employees stock options equal to 10% of their previous year's pay. Employees can exercise the options over the following five to 10 years. And every year they earn more options.

Key Takeaways. Employee stock options are offered by companies to their employees as equity compensation plans. These grants come in the form of regular call options and give an employee the right to buy the company's stock at a specified price for a finite period of time.

The company offers a number of development programs to encourage and motivate employees. Peak Performance offers continual opportunities for employee rewards; developmental forums offer teaching opportunities; and functional developments let employees build job skills for their area of focus.

According to The Coca-Cola Company's human rights report 2016-2017: At The Coca-Cola Company, we respect our employees' right to join, form, or not join a labor union without fear of reprisal, intimidation, or harassment.

A Restricted Stock Plan is a common way to share stock with employees in public companies. The shareholder approved plan simply allows for the issuance of stock to selected employees. Unlike stock options, employees receive the full starting value of the shares.

Based on 47 current employees, 49% said they receive an annual bonus at The Coca-Cola Company. Unfortunately, there's a 18% difference between genders; 62% of women and 44% of men responded Yes to receiving bonuses.

We have complete compensation packages that include 401K, core and supplemental life insurance, as well as financial courses and advisors.

RSUs provide an incentive for employees to stay with a company for the long term and help it perform well so that their shares increase in value.

We value equality Empowering people's access to equal opportunities, no matter who they are or where they're from. Our company has signed several gender diversity pledges and is working towards an even split of women and men in leadership roles.

Employee stock options (ESPPs) differ from RSUs and GSUs in that they aren't granted to employees free of charge. Instead, employees have the option to buy into company shares at a predetermined, discounted rate after a vesting period.

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TO ADOPT AND APPROVE THE U.S. EMPLOYEE STOCK 2 PURCHASE PLAN AUTHORIZING THE SALE OF UP TO Management For For 200,000 OF THE COMPANY S ORDINARY SHARES. (1) Must successfully complete the Weapons and Tactics Instructor Course.

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Tarrant Texas Restricted Stock Award Plan of Coca-Cola Enterprises, Inc.