California 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 California Directors Stock Appreciation Rights Plan is a unique offering from American Annuity Group, Inc., that provides an opportunity for directors in California to grow their wealth through stock appreciation rights (SARS). This plan specifically caters to directors based in California, offering them attractive benefits and advantages. Under the California Directors Stock Appreciation Rights Plan, participating directors have the opportunity to receive potential financial gains based on the appreciation of the company's stock. This plan aims to align the interests of directors with the long-term success of American Annuity Group, Inc., creating a sense of ownership and motivation. The plan operates by granting directors the right to receive a cash payment equal to the appreciation in the value of a specified number of shares of American Annuity Group, Inc., stock over a predetermined period. This appreciation is determined by the increase in the market price of the company's stock, offering directors the potential for significant financial growth. Directors eligible for this plan must meet certain criteria as defined by American Annuity Group, Inc. They are typically individuals who play an instrumental role in governing and overseeing the company's strategies, ensuring its overall success and sustainability. It's important to note that while the California Directors Stock Appreciation Rights Plan is tailored to directors in California, American Annuity Group, Inc., may offer similar plans to directors in other states or regions. However, these plans may have slight variations in their terms and conditions based on the specific legal and regulatory requirements of those areas. This stock appreciation rights plan is designed to incentivize directors' loyalty, commitment, and dedication to American Annuity Group, Inc.'s growth and success. By tying financial gains to the appreciation of the company's stock, it fosters a sense of shared purpose, encouraging directors to make decisions that drive long-term shareholder value. In conclusion, the California Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. is an enticing opportunity for directors in California to boost their wealth through the appreciation of the company's stock. It aims to align the interests of directors with the company's success and incentivize them to contribute to its long-term growth.

The California Directors Stock Appreciation Rights Plan is a unique offering from American Annuity Group, Inc., that provides an opportunity for directors in California to grow their wealth through stock appreciation rights (SARS). This plan specifically caters to directors based in California, offering them attractive benefits and advantages. Under the California Directors Stock Appreciation Rights Plan, participating directors have the opportunity to receive potential financial gains based on the appreciation of the company's stock. This plan aims to align the interests of directors with the long-term success of American Annuity Group, Inc., creating a sense of ownership and motivation. The plan operates by granting directors the right to receive a cash payment equal to the appreciation in the value of a specified number of shares of American Annuity Group, Inc., stock over a predetermined period. This appreciation is determined by the increase in the market price of the company's stock, offering directors the potential for significant financial growth. Directors eligible for this plan must meet certain criteria as defined by American Annuity Group, Inc. They are typically individuals who play an instrumental role in governing and overseeing the company's strategies, ensuring its overall success and sustainability. It's important to note that while the California Directors Stock Appreciation Rights Plan is tailored to directors in California, American Annuity Group, Inc., may offer similar plans to directors in other states or regions. However, these plans may have slight variations in their terms and conditions based on the specific legal and regulatory requirements of those areas. This stock appreciation rights plan is designed to incentivize directors' loyalty, commitment, and dedication to American Annuity Group, Inc.'s growth and success. By tying financial gains to the appreciation of the company's stock, it fosters a sense of shared purpose, encouraging directors to make decisions that drive long-term shareholder value. In conclusion, the California Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. is an enticing opportunity for directors in California to boost their wealth through the appreciation of the company's stock. It aims to align the interests of directors with the company's success and incentivize them to contribute to its long-term growth.