Montana 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 Montana Directors Stock Appreciation Rights Plan is a distinctive incentive program offered by American Annuity Group, Inc. It is designed to reward and retain the directors of the company by granting them stock appreciation rights (SARS) linked to the firm's stock performance. This plan serves as a powerful tool in attracting and motivating experienced directors who play a crucial role in driving the growth and success of the organization. Under the Montana Directors Stock Appreciation Rights Plan, participants are granted the opportunity to receive cash or stock-based payments equal to the appreciation in the company's stock value. These payments are determined by the increase in the stock price over a specified period, also known as the "grant date" value. By aligning the directors' interests with those of the shareholders, this plan encourages prudent decision-making and fosters a sense of ownership among the participating directors. There might be different variants or types of Montana Directors Stock Appreciation Rights Plans offered by American Annuity Group, Inc., tailored to meet specific requirements. For instance, variations may include plans with different vesting schedules, exercise periods, or payment options. The company may also customize the plan to align with its long-term strategic goals or specific market conditions. Overall, the Montana Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. is a robust and flexible incentive scheme that serves as a valuable tool in attracting and retaining talented directors. By granting stock appreciation rights, this plan ensures that the participants have a vested interest in the company's success, fostering an environment of collaboration, innovation, and prudent decision-making.

The Montana Directors Stock Appreciation Rights Plan is a distinctive incentive program offered by American Annuity Group, Inc. It is designed to reward and retain the directors of the company by granting them stock appreciation rights (SARS) linked to the firm's stock performance. This plan serves as a powerful tool in attracting and motivating experienced directors who play a crucial role in driving the growth and success of the organization. Under the Montana Directors Stock Appreciation Rights Plan, participants are granted the opportunity to receive cash or stock-based payments equal to the appreciation in the company's stock value. These payments are determined by the increase in the stock price over a specified period, also known as the "grant date" value. By aligning the directors' interests with those of the shareholders, this plan encourages prudent decision-making and fosters a sense of ownership among the participating directors. There might be different variants or types of Montana Directors Stock Appreciation Rights Plans offered by American Annuity Group, Inc., tailored to meet specific requirements. For instance, variations may include plans with different vesting schedules, exercise periods, or payment options. The company may also customize the plan to align with its long-term strategic goals or specific market conditions. Overall, the Montana Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. is a robust and flexible incentive scheme that serves as a valuable tool in attracting and retaining talented directors. By granting stock appreciation rights, this plan ensures that the participants have a vested interest in the company's success, fostering an environment of collaboration, innovation, and prudent decision-making.