The Alaska Stock Appreciation Right Plan (SAR) of Helene Curtis Industries, Inc. is a compensation program designed to reward the employees of the company through stock appreciation rights. This plan grants employees the opportunity to benefit from the future increase in the company's stock value. One of the types of SARS offered under the Alaska Stock Appreciation Right Plan is the Performance-Based SAR. This type of SAR is granted based on the achievement of certain predetermined performance goals established by the company. Employees will only receive the appreciation rights if these goals are met, ensuring a direct link between performance and rewards. Another type of SAR offered is the Time-Based SAR. Under this plan, eligible employees are granted stock appreciation rights after completing a specific period of service with the company. The amount of SARS received is typically based on the employee's job level and time served, encouraging loyalty and long-term commitment. The Alaska Stock Appreciation Right Plan provides several benefits to employees. The most significant advantage is the opportunity to share in the company's success. As the stock value increases, employees with SARS can profit from the appreciation without having to purchase or own the actual stock. This allows employees to participate in the company's growth while minimizing their financial risk. Furthermore, the SARS provide a powerful incentive for employees to align their interests with those of the shareholders. By providing an opportunity for financial gain through stock price appreciation, the plan encourages employees to work towards maximizing the company's value and contributes to better overall performance. The Alaska Stock Appreciation Right Plan is subject to certain terms and conditions. Vesting periods and expiration dates may apply, limiting the time frame during which employees can exercise their rights. Additionally, the plan may outline specific procedures concerning the exercise and settlement of SARS. In summary, the Alaska Stock Appreciation Right Plan of Helene Curtis Industries, Inc. offers Performance-Based SARS and Time-Based SARS to reward and incentivize employees' dedication and performance. This SARS provides a mechanism for employees to benefit from the company's stock price appreciation, fostering a stronger bond between employee and shareholder interests.