Arizona 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 Arizona Directors Stock Appreciation Rights Plan is a significant component of the comprehensive compensation package offered by American Annuity Group, Inc. It is designed to provide an incentive for directors of the company to contribute their expertise and efforts towards the long-term success and growth of the organization. This stock appreciation rights plan offers directors the opportunity to acquire additional shares in American Annuity Group, Inc. at a future date, at a price determined by the market value of the company's stock on the grant date. This means that as the stock price grows, directors have the potential to benefit from the appreciation in value. The Arizona Directors Stock Appreciation Rights Plan is specifically designed to align the interests of directors with those of the company's shareholders. By providing directors with the opportunity to acquire additional company shares, they have a vested interest in driving the company's growth and enhancing shareholder value. The plan also encourages director retention, as these stock appreciation rights typically vest over a specific period of time, incentivizing directors to remain with the company for the long term. There may be different types or variations of this stock appreciation rights plan offered by American Annuity Group, Inc. Some potential variations could include different vesting schedules, performance-based criteria for the rights to be exercised, or the inclusion of other terms and conditions specific to individual directors or their roles within the company. Overall, the Arizona Directors Stock Appreciation Rights Plan serves as a valuable tool for American Annuity Group, Inc. to attract, retain, and motivate accomplished directors who can contribute their skills and experience towards the company's continued success.

The Arizona Directors Stock Appreciation Rights Plan is a significant component of the comprehensive compensation package offered by American Annuity Group, Inc. It is designed to provide an incentive for directors of the company to contribute their expertise and efforts towards the long-term success and growth of the organization. This stock appreciation rights plan offers directors the opportunity to acquire additional shares in American Annuity Group, Inc. at a future date, at a price determined by the market value of the company's stock on the grant date. This means that as the stock price grows, directors have the potential to benefit from the appreciation in value. The Arizona Directors Stock Appreciation Rights Plan is specifically designed to align the interests of directors with those of the company's shareholders. By providing directors with the opportunity to acquire additional company shares, they have a vested interest in driving the company's growth and enhancing shareholder value. The plan also encourages director retention, as these stock appreciation rights typically vest over a specific period of time, incentivizing directors to remain with the company for the long term. There may be different types or variations of this stock appreciation rights plan offered by American Annuity Group, Inc. Some potential variations could include different vesting schedules, performance-based criteria for the rights to be exercised, or the inclusion of other terms and conditions specific to individual directors or their roles within the company. Overall, the Arizona Directors Stock Appreciation Rights Plan serves as a valuable tool for American Annuity Group, Inc. to attract, retain, and motivate accomplished directors who can contribute their skills and experience towards the company's continued success.