Fulton Georgia Directors Stock Appreciation Rights Plan of American Annuity Group, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• County: Fulton
• 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 Fulton Georgia Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. is a comprehensive executive compensation program that provides selected directors with an opportunity to earn additional compensation through stock appreciation rights (SARS). This plan is designed to incentivize and reward directors for their efforts and contributions towards the growth and success of the company, aligning their interests with those of the shareholders. Under this plan, participating directors are granted stock appreciation rights, which allow them to receive cash or stock equal to the appreciation in the value of a specified number of shares of the company's common stock over a predetermined period. This SARS is typically subject to vesting requirements, which may be based on the director's continuous service or achievement of specified performance goals. The Fulton Georgia Directors Stock Appreciation Rights Plan is tailored to suit the unique needs and objectives of American Annuity Group, Inc. It provides flexibility in determining the terms and conditions of the SARS, including exercise price, exercise periods, and settlement methods. The plan aids in attracting and retaining talented directors, promoting long-term commitment and dedication to the company's success. Furthermore, the plan may include various types of SARS based on the specific goals and preferences of American Annuity Group, Inc. Different types could include Full Value SARS, which grant participants the right to receive the full value of the appreciation in the company's stock, and Phantom or Cash-Settled SARS, which entitle participants to receive the equivalent value in cash instead of actual stock. Overall, the Fulton Georgia Directors Stock Appreciation Rights Plan serves as a valuable tool in providing directors with a means to share in the company's growth and value creation. It fosters alignment between directors and shareholders, reinforcing a sense of partnership and collective commitment to advancing American Annuity Group, Inc.'s objectives and delivering exceptional shareholder returns. Keywords: Fulton Georgia, Directors Stock Appreciation Rights Plan, American Annuity Group, executive compensation, stock appreciation rights, incentives, rewards, shareholders, vesting requirements, service, performance goals, exercise price, exercise periods, settlement methods, attracting talent, retaining directors, Full Value SARS, Phantom SARS, Cash-Settled SARS, partnership, shareholder returns.

The Fulton Georgia Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. is a comprehensive executive compensation program that provides selected directors with an opportunity to earn additional compensation through stock appreciation rights (SARS). This plan is designed to incentivize and reward directors for their efforts and contributions towards the growth and success of the company, aligning their interests with those of the shareholders. Under this plan, participating directors are granted stock appreciation rights, which allow them to receive cash or stock equal to the appreciation in the value of a specified number of shares of the company's common stock over a predetermined period. This SARS is typically subject to vesting requirements, which may be based on the director's continuous service or achievement of specified performance goals. The Fulton Georgia Directors Stock Appreciation Rights Plan is tailored to suit the unique needs and objectives of American Annuity Group, Inc. It provides flexibility in determining the terms and conditions of the SARS, including exercise price, exercise periods, and settlement methods. The plan aids in attracting and retaining talented directors, promoting long-term commitment and dedication to the company's success. Furthermore, the plan may include various types of SARS based on the specific goals and preferences of American Annuity Group, Inc. Different types could include Full Value SARS, which grant participants the right to receive the full value of the appreciation in the company's stock, and Phantom or Cash-Settled SARS, which entitle participants to receive the equivalent value in cash instead of actual stock. Overall, the Fulton Georgia Directors Stock Appreciation Rights Plan serves as a valuable tool in providing directors with a means to share in the company's growth and value creation. It fosters alignment between directors and shareholders, reinforcing a sense of partnership and collective commitment to advancing American Annuity Group, Inc.'s objectives and delivering exceptional shareholder returns. Keywords: Fulton Georgia, Directors Stock Appreciation Rights Plan, American Annuity Group, executive compensation, stock appreciation rights, incentives, rewards, shareholders, vesting requirements, service, performance goals, exercise price, exercise periods, settlement methods, attracting talent, retaining directors, Full Value SARS, Phantom SARS, Cash-Settled SARS, partnership, shareholder returns.