Chicago Illinois Directors Stock Appreciation Rights Plan of American Annuity Group, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• City: Chicago
• 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 Chicago Illinois Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. is a compensation program designed specifically for directors of the company. It provides an opportunity for directors to benefit from the appreciation in the company's stock value over time. This plan is carefully crafted to align the interests of directors with those of the company and its shareholders. By offering stock appreciation rights (SARS), directors are granted the right to receive the increase in the company's stock price between the grant date and the exercise date. This allows directors to share in the company's success and financial growth. The Directors Stock Appreciation Rights Plan offers several advantages. Firstly, it serves as an incentive for directors to actively contribute to the company's growth and success. By providing a direct link between their efforts and the company's stock price, directors are motivated to make decisions that enhance shareholder value. Furthermore, the plan helps attract and retain top talent on the board of directors. In today's competitive marketplace, it is crucial to have skilled and experienced individuals guiding the company's strategic direction. The stock appreciation rights plan can be a powerful tool in attracting high-caliber directors who are looking for financial incentives tied to the company's performance. The Chicago Illinois Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. may have different variations or types, specific to the needs and goals of the company. One type could be a performance-based SAR plan, wherein directors are granted SARS based on specific performance metrics that the company aims to achieve. Another type could be a time-based SAR plan, wherein directors are granted SARS after a certain period of service on the board. It should be noted that the specifics of the plan can vary from company to company, and it is important for directors to thoroughly review and understand the terms and conditions of their specific plan. By leveraging the Chicago Illinois Directors Stock Appreciation Rights Plan, American Annuity Group, Inc. aims to foster a strong, performance-driven board of directors that actively contributes to the company's long-term success while providing attractive incentives for its directors.

The Chicago Illinois Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. is a compensation program designed specifically for directors of the company. It provides an opportunity for directors to benefit from the appreciation in the company's stock value over time. This plan is carefully crafted to align the interests of directors with those of the company and its shareholders. By offering stock appreciation rights (SARS), directors are granted the right to receive the increase in the company's stock price between the grant date and the exercise date. This allows directors to share in the company's success and financial growth. The Directors Stock Appreciation Rights Plan offers several advantages. Firstly, it serves as an incentive for directors to actively contribute to the company's growth and success. By providing a direct link between their efforts and the company's stock price, directors are motivated to make decisions that enhance shareholder value. Furthermore, the plan helps attract and retain top talent on the board of directors. In today's competitive marketplace, it is crucial to have skilled and experienced individuals guiding the company's strategic direction. The stock appreciation rights plan can be a powerful tool in attracting high-caliber directors who are looking for financial incentives tied to the company's performance. The Chicago Illinois Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. may have different variations or types, specific to the needs and goals of the company. One type could be a performance-based SAR plan, wherein directors are granted SARS based on specific performance metrics that the company aims to achieve. Another type could be a time-based SAR plan, wherein directors are granted SARS after a certain period of service on the board. It should be noted that the specifics of the plan can vary from company to company, and it is important for directors to thoroughly review and understand the terms and conditions of their specific plan. By leveraging the Chicago Illinois Directors Stock Appreciation Rights Plan, American Annuity Group, Inc. aims to foster a strong, performance-driven board of directors that actively contributes to the company's long-term success while providing attractive incentives for its directors.