Mississippi 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 Mississippi Directors Stock Appreciation Rights Plan is a compensation program established by American Annuity Group, Inc. to incentivize and reward the directors who serve on their board. This plan utilizes Stock Appreciation Rights (SARS) as a form of financial incentive for directors. Under this plan, directors are granted SARS, which are the rights to receive shares of the company's stock based on the appreciation in stock price over a specified period. This SARS provides directors with the opportunity to benefit from the company's financial performance and growth. The Mississippi Directors Stock Appreciation Rights Plan is governed by specific terms and conditions, which may vary depending on the version or type of plan offered. It is important to note that without specific information about different variations within the plan, it is challenging to provide a detailed breakdown of the various types. However, it is reasonable to assume that variations could exist, including different vesting periods, exercise prices, or conditions of grant, unique to the specific needs and objectives of American Annuity Group, Inc. In general, the benefits of the Mississippi Directors Stock Appreciation Rights Plan include aligning the interests of directors with shareholders, incentivizing and retaining talented and experienced directors, and fostering long-term commitment and dedication to the success of the company. Keywords: Mississippi Directors Stock Appreciation Rights Plan, American Annuity Group, Inc., compensation program, directors, board, Stock Appreciation Rights, SARS, financial incentive, shares, stock price appreciation, financial performance, growth, terms and conditions, vesting period, exercise price, conditions of grant, shareholders, talent retention, long-term commitment.

The Mississippi Directors Stock Appreciation Rights Plan is a compensation program established by American Annuity Group, Inc. to incentivize and reward the directors who serve on their board. This plan utilizes Stock Appreciation Rights (SARS) as a form of financial incentive for directors. Under this plan, directors are granted SARS, which are the rights to receive shares of the company's stock based on the appreciation in stock price over a specified period. This SARS provides directors with the opportunity to benefit from the company's financial performance and growth. The Mississippi Directors Stock Appreciation Rights Plan is governed by specific terms and conditions, which may vary depending on the version or type of plan offered. It is important to note that without specific information about different variations within the plan, it is challenging to provide a detailed breakdown of the various types. However, it is reasonable to assume that variations could exist, including different vesting periods, exercise prices, or conditions of grant, unique to the specific needs and objectives of American Annuity Group, Inc. In general, the benefits of the Mississippi Directors Stock Appreciation Rights Plan include aligning the interests of directors with shareholders, incentivizing and retaining talented and experienced directors, and fostering long-term commitment and dedication to the success of the company. Keywords: Mississippi Directors Stock Appreciation Rights Plan, American Annuity Group, Inc., compensation program, directors, board, Stock Appreciation Rights, SARS, financial incentive, shares, stock price appreciation, financial performance, growth, terms and conditions, vesting period, exercise price, conditions of grant, shareholders, talent retention, long-term commitment.