Nevada 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 Nevada Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. is a comprehensive financial program designed to incentivize and reward directors of the company. As a key component of the company's compensation strategy, the plan grants directors the opportunity to benefit from the appreciation of American Annuity Group, Inc.'s stock over a specified period. One type of Nevada Directors Stock Appreciation Rights Plan offered by American Annuity Group, Inc. is the Restricted Stock Unit (RSU) Appreciation Plan. Under this plan, directors are granted RSS, which represent a promise to deliver shares of the company's stock in the future, once specific vesting conditions are met. Directors will receive the appreciation in stock value, if any, between the grant date and the vesting date. Another type of Nevada Directors Stock Appreciation Rights Plan available is the Performance-based Stock Appreciation Rights Plan. This plan sets specific performance goals that must be achieved for directors to be eligible for stock appreciation rights. If the predetermined performance objectives are met or surpassed, directors are entitled to receive an appreciation in the value of the company's stock. Through the Nevada Directors Stock Appreciation Rights Plan, American Annuity Group, Inc. aims to align the interests of its directors with the company's long-term growth and shareholder value creation. By offering directors the ability to participate in the company's stock appreciation, the plan serves as a powerful tool to attract and retain top talent, fostering a culture of performance and accountability within the organization. To implement the plan, American Annuity Group, Inc. collaborates with legal and financial experts to ensure compliance with Nevada state laws and regulations governing stock-based compensation plans. The plan is carefully designed to strike a balance between rewarding directors for their contributions to the company's success and preserving the interests of its shareholders. The Nevada Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. underscores the company's commitment to providing directors with competitive compensation packages that motivate exceptional performance and align their interests with the company's growth objectives.

The Nevada Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. is a comprehensive financial program designed to incentivize and reward directors of the company. As a key component of the company's compensation strategy, the plan grants directors the opportunity to benefit from the appreciation of American Annuity Group, Inc.'s stock over a specified period. One type of Nevada Directors Stock Appreciation Rights Plan offered by American Annuity Group, Inc. is the Restricted Stock Unit (RSU) Appreciation Plan. Under this plan, directors are granted RSS, which represent a promise to deliver shares of the company's stock in the future, once specific vesting conditions are met. Directors will receive the appreciation in stock value, if any, between the grant date and the vesting date. Another type of Nevada Directors Stock Appreciation Rights Plan available is the Performance-based Stock Appreciation Rights Plan. This plan sets specific performance goals that must be achieved for directors to be eligible for stock appreciation rights. If the predetermined performance objectives are met or surpassed, directors are entitled to receive an appreciation in the value of the company's stock. Through the Nevada Directors Stock Appreciation Rights Plan, American Annuity Group, Inc. aims to align the interests of its directors with the company's long-term growth and shareholder value creation. By offering directors the ability to participate in the company's stock appreciation, the plan serves as a powerful tool to attract and retain top talent, fostering a culture of performance and accountability within the organization. To implement the plan, American Annuity Group, Inc. collaborates with legal and financial experts to ensure compliance with Nevada state laws and regulations governing stock-based compensation plans. The plan is carefully designed to strike a balance between rewarding directors for their contributions to the company's success and preserving the interests of its shareholders. The Nevada Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. underscores the company's commitment to providing directors with competitive compensation packages that motivate exceptional performance and align their interests with the company's growth objectives.