Wyoming 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 Wyoming Directors Stock Appreciation Rights Plan is a compensation program offered by American Annuity Group, Inc. to its directors based in Wyoming. This plan is designed to provide additional incentives and rewards to directors for their service and dedication to the company. The program revolves around stock appreciation rights (SARS), which grant directors the opportunity to benefit from the appreciation of the company's stock over a specific period. Under this plan, directors are granted the right to receive a payment equal to the value of the appreciation in American Annuity Group, Inc.'s stock during a designated period. This SARS is typically granted as compensation for future services or as a bonus for outstanding performance. They serve as a way to align the interests of the directors with the growth and success of the company. The Wyoming Directors Stock Appreciation Rights Plan aims to provide directors with a tangible stake in the company's financial performance over time. It encourages directors to make decisions that will positively impact the company's stock value and aligns their interests with those of shareholders. As for different types of Wyoming Directors Stock Appreciation Rights Plan, they can vary based on specific terms and conditions. Certain plans may have different vesting schedules, granting directors the right to exercise their SARS gradually over time. Other variations may include performance-based SARS, where the directors' rewards are tied to specific performance goals set by the company. Overall, the Wyoming Directors Stock Appreciation Rights Plan is a valuable tool for American Annuity Group, Inc. to attract and retain talented directors. By offering additional incentives tied to the company's stock appreciation, this plan creates a sense of ownership and motivation among directors, thus contributing to the overall success and growth of the organization.

The Wyoming Directors Stock Appreciation Rights Plan is a compensation program offered by American Annuity Group, Inc. to its directors based in Wyoming. This plan is designed to provide additional incentives and rewards to directors for their service and dedication to the company. The program revolves around stock appreciation rights (SARS), which grant directors the opportunity to benefit from the appreciation of the company's stock over a specific period. Under this plan, directors are granted the right to receive a payment equal to the value of the appreciation in American Annuity Group, Inc.'s stock during a designated period. This SARS is typically granted as compensation for future services or as a bonus for outstanding performance. They serve as a way to align the interests of the directors with the growth and success of the company. The Wyoming Directors Stock Appreciation Rights Plan aims to provide directors with a tangible stake in the company's financial performance over time. It encourages directors to make decisions that will positively impact the company's stock value and aligns their interests with those of shareholders. As for different types of Wyoming Directors Stock Appreciation Rights Plan, they can vary based on specific terms and conditions. Certain plans may have different vesting schedules, granting directors the right to exercise their SARS gradually over time. Other variations may include performance-based SARS, where the directors' rewards are tied to specific performance goals set by the company. Overall, the Wyoming Directors Stock Appreciation Rights Plan is a valuable tool for American Annuity Group, Inc. to attract and retain talented directors. By offering additional incentives tied to the company's stock appreciation, this plan creates a sense of ownership and motivation among directors, thus contributing to the overall success and growth of the organization.