Franklin Ohio Directors Stock Appreciation Rights Plan of American Annuity Group, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• County: Franklin
• 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 Franklin Ohio Directors Stock Appreciation Rights Plan is a compensation program offered by American Annuity Group, Inc. to its directors based in Franklin, Ohio. This plan allows directors to directly benefit from the company's financial performance by granting them stock appreciation rights (SARS). Under this plan, directors are given the opportunity to receive a bonus in the form of stock appreciation rather than cash. The value of the SARS is linked to the increase in the company's stock price over a specified period of time. This means that as the stock price rises, the directors' SARS gain value, providing them with a financial incentive to work towards maximizing shareholder value. The Franklin Ohio Directors Stock Appreciation Rights Plan provides a way for American Annuity Group, Inc. to align the interests of its directors with those of the shareholders. By linking directors' compensation to the company's stock performance, it encourages them to make strategic decisions and take actions that drive the company's growth and profitability. This plan helps attract and retain top talent as well. By offering the opportunity to benefit from the company's success, the Franklin Ohio Directors Stock Appreciation Rights Plan acts as an effective tool for rewarding and incentivizing directors. It also reinforces the long-term commitment of directors to the company as they receive the SARS over a predetermined vesting period. The plan may have variations or different types tailored to the specific needs of American Annuity Group, Inc. or its directors. These variations could include different vesting schedules, performance criteria, or grant sizes based on the position and responsibilities of the directors in the company. Overall, the Franklin Ohio Directors Stock Appreciation Rights Plan is a valuable compensation program that allows directors of American Annuity Group, Inc. in Franklin, Ohio, to participate in the company's financial success while aligning their interests with those of the shareholders.

The Franklin Ohio Directors Stock Appreciation Rights Plan is a compensation program offered by American Annuity Group, Inc. to its directors based in Franklin, Ohio. This plan allows directors to directly benefit from the company's financial performance by granting them stock appreciation rights (SARS). Under this plan, directors are given the opportunity to receive a bonus in the form of stock appreciation rather than cash. The value of the SARS is linked to the increase in the company's stock price over a specified period of time. This means that as the stock price rises, the directors' SARS gain value, providing them with a financial incentive to work towards maximizing shareholder value. The Franklin Ohio Directors Stock Appreciation Rights Plan provides a way for American Annuity Group, Inc. to align the interests of its directors with those of the shareholders. By linking directors' compensation to the company's stock performance, it encourages them to make strategic decisions and take actions that drive the company's growth and profitability. This plan helps attract and retain top talent as well. By offering the opportunity to benefit from the company's success, the Franklin Ohio Directors Stock Appreciation Rights Plan acts as an effective tool for rewarding and incentivizing directors. It also reinforces the long-term commitment of directors to the company as they receive the SARS over a predetermined vesting period. The plan may have variations or different types tailored to the specific needs of American Annuity Group, Inc. or its directors. These variations could include different vesting schedules, performance criteria, or grant sizes based on the position and responsibilities of the directors in the company. Overall, the Franklin Ohio Directors Stock Appreciation Rights Plan is a valuable compensation program that allows directors of American Annuity Group, Inc. in Franklin, Ohio, to participate in the company's financial success while aligning their interests with those of the shareholders.