Alabama Directors Stock Appreciation Rights Plan of American Annuity Group, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• Control #: US-CC-18-402C
• Format: Word; Rich Text

Description

18-402C 18-402C . . . Directors Stock Appreciation Rights Plan which provides for automatic grants of 10,000 SARs to each Non-employee director on effective date of Plan and 1,000 additional SARs on each March 1st thereafter. Newly elected Non-employee Directors will be granted 10,000 SARs on date of their election The Alabama Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. is a compensation program tailored specifically for directors functioning within the organization. This plan aims to reward directors for their valuable contributions, motivating them to enhance shareholder value and achieve long-term company success. Under this plan, directors are granted stock appreciation rights (SARS) as a form of compensation. SARS entitles the director to receive the appreciation in the company's stock value over a certain period. This motivates directors to work towards increasing the company's stock price and overall financial performance. The Alabama Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. helps align the interests of directors with those of the shareholders, promoting a collective focus on the company's growth and profitability. By tying director compensation to the organization's stock performance, this plan creates a sense of ownership and accountability among the directors, fostering a positive corporate culture. There may be different types or variations of the Alabama Directors Stock Appreciation Rights Plan based on specific terms and conditions. These variations could include options like performance-based SARS, market-based SARS, or time-based SARS. Performance-based SARS determine compensation based on predetermined performance goals, such as achieving a specific revenue target or increasing market share. Market-based SARS, on the other hand, are tied to the performance of the overall stock market or relevant industry indices. Time-based SARS provide compensation based on the duration of service as a director, encouraging long-term commitment to the company's success. The Alabama Directors Stock Appreciation Rights Plan is designed to attract and retain experienced directors, promoting stability and expertise within the organization's leadership. By granting SARS, American Annuity Group, Inc. acknowledges the importance of directors' contributions in driving the company forward and encourages their active participation in strategic decision-making processes. In conclusion, the Alabama Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. is a compensation program that rewards directors for their efforts in enhancing shareholder value. By linking their compensation to the company's stock performance, this plan aligns the interests of directors with those of the organization and creates a sense of shared commitment towards long-term growth and profitability.

The Alabama Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. is a compensation program tailored specifically for directors functioning within the organization. This plan aims to reward directors for their valuable contributions, motivating them to enhance shareholder value and achieve long-term company success. Under this plan, directors are granted stock appreciation rights (SARS) as a form of compensation. SARS entitles the director to receive the appreciation in the company's stock value over a certain period. This motivates directors to work towards increasing the company's stock price and overall financial performance. The Alabama Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. helps align the interests of directors with those of the shareholders, promoting a collective focus on the company's growth and profitability. By tying director compensation to the organization's stock performance, this plan creates a sense of ownership and accountability among the directors, fostering a positive corporate culture. There may be different types or variations of the Alabama Directors Stock Appreciation Rights Plan based on specific terms and conditions. These variations could include options like performance-based SARS, market-based SARS, or time-based SARS. Performance-based SARS determine compensation based on predetermined performance goals, such as achieving a specific revenue target or increasing market share. Market-based SARS, on the other hand, are tied to the performance of the overall stock market or relevant industry indices. Time-based SARS provide compensation based on the duration of service as a director, encouraging long-term commitment to the company's success. The Alabama Directors Stock Appreciation Rights Plan is designed to attract and retain experienced directors, promoting stability and expertise within the organization's leadership. By granting SARS, American Annuity Group, Inc. acknowledges the importance of directors' contributions in driving the company forward and encourages their active participation in strategic decision-making processes. In conclusion, the Alabama Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. is a compensation program that rewards directors for their efforts in enhancing shareholder value. By linking their compensation to the company's stock performance, this plan aligns the interests of directors with those of the organization and creates a sense of shared commitment towards long-term growth and profitability.