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

• Category: Corporations - Public - Incentive Compensation Plans
• State: Multi-State
• County: Tarrant
• 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 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.

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.