Bronx New York Directors Stock Appreciation Rights Plan of American Annuity Group, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• County: Bronx
• 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 Bronx, New York, is one of the five boroughs of New York City and is located in the northern part of the city. It is known for its diverse population, rich cultural history, and iconic landmarks. The Bronx offers a vibrant mix of residential, commercial, and industrial areas, making it a dynamic and exciting place to live and work. American Annuity Group, Inc., a prominent financial services company, offers the Bronx New York Directors Stock Appreciation Rights Plan as part of its comprehensive employee compensation package. This plan is designed to provide directors of the company with an opportunity to benefit from the growth in the company's stock price. By granting stock appreciation rights, the plan allows directors to receive financial rewards based on an increase in the company's stock value over a specified period. The Bronx New York Directors Stock Appreciation Rights Plan of American Annuity Group, Inc., serves as an incentive for directors to work towards the company's success by aligning their interests with those of the shareholders. It fosters a sense of ownership and accountability among directors, promoting long-term growth and profitability. The plan may have different variations or types depending on the specific terms set by American Annuity Group, Inc. These variations may include: 1. Performance-Based Stock Appreciation Rights: Under this type of plan, directors are rewarded based on predetermined performance targets, such as the company's financial performance or achievement of strategic goals. Directors receive stock appreciation rights if these targets are met or exceeded. 2. Time-Based Stock Appreciation Rights: This plan awards directors with stock appreciation rights based on the length of their service to the company. Directors earn these rights gradually over time, usually on an annual basis. The longer directors stay with the company, the more stock appreciation rights they accumulate. 3. Equity-Based Stock Appreciation Rights: This type of plan grants directors stock appreciation rights as a form of equity compensation. Directors receive the rights as part of their overall equity holdings in the company. The value of the rights depends on the company's stock price at the time of exercise. Overall, the Bronx New York Directors Stock Appreciation Rights Plan of American Annuity Group, Inc., offers directors the opportunity to participate in the company's growth and success. It incentivizes directors to make strategic decisions, improve financial performance, and create long-term shareholder value. By aligning the interests of directors with those of the company's shareholders, the plan promotes a culture of accountability, profitability, and sustained growth.

The Bronx, New York, is one of the five boroughs of New York City and is located in the northern part of the city. It is known for its diverse population, rich cultural history, and iconic landmarks. The Bronx offers a vibrant mix of residential, commercial, and industrial areas, making it a dynamic and exciting place to live and work. American Annuity Group, Inc., a prominent financial services company, offers the Bronx New York Directors Stock Appreciation Rights Plan as part of its comprehensive employee compensation package. This plan is designed to provide directors of the company with an opportunity to benefit from the growth in the company's stock price. By granting stock appreciation rights, the plan allows directors to receive financial rewards based on an increase in the company's stock value over a specified period. The Bronx New York Directors Stock Appreciation Rights Plan of American Annuity Group, Inc., serves as an incentive for directors to work towards the company's success by aligning their interests with those of the shareholders. It fosters a sense of ownership and accountability among directors, promoting long-term growth and profitability. The plan may have different variations or types depending on the specific terms set by American Annuity Group, Inc. These variations may include: 1. Performance-Based Stock Appreciation Rights: Under this type of plan, directors are rewarded based on predetermined performance targets, such as the company's financial performance or achievement of strategic goals. Directors receive stock appreciation rights if these targets are met or exceeded. 2. Time-Based Stock Appreciation Rights: This plan awards directors with stock appreciation rights based on the length of their service to the company. Directors earn these rights gradually over time, usually on an annual basis. The longer directors stay with the company, the more stock appreciation rights they accumulate. 3. Equity-Based Stock Appreciation Rights: This type of plan grants directors stock appreciation rights as a form of equity compensation. Directors receive the rights as part of their overall equity holdings in the company. The value of the rights depends on the company's stock price at the time of exercise. Overall, the Bronx New York Directors Stock Appreciation Rights Plan of American Annuity Group, Inc., offers directors the opportunity to participate in the company's growth and success. It incentivizes directors to make strategic decisions, improve financial performance, and create long-term shareholder value. By aligning the interests of directors with those of the company's shareholders, the plan promotes a culture of accountability, profitability, and sustained growth.