Harris Texas Directors Stock Appreciation Rights Plan of American Annuity Group, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• County: Harris
• 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 Harris Texas Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. is a comprehensive compensation program designed to reward and retain the top talent serving on the board of directors of the company. This plan ensures that the interests of the directors are aligned with those of the shareholders, promoting long-term value creation and business sustainability. Keywords: Harris Texas, Directors Stock Appreciation Rights Plan, American Annuity Group, compensation program, board of directors, shareholders, long-term value creation, business sustainability. The Harris Texas Directors Stock Appreciation Rights Plan offers directors the opportunity to receive stock appreciation rights, which grant them the right to receive the appreciation in the value of American Annuity Group, Inc.'s common stock over a specified period. The value is calculated based on the difference between the fair market value of the stock at the time of exercise and the grant price. This plan serves as a powerful incentive for directors to actively contribute to the growth and success of the company. It ensures that their efforts directly contribute to enhancing shareholder value, as they are rewarded based on the performance of American Annuity Group, Inc.'s stock. Different types of Harris Texas Directors Stock Appreciation Rights Plans offered by American Annuity Group, Inc. may include: 1. Performance-Based Stock Appreciation Rights Plan: This plan rewards directors based on predefined performance metrics achieved by the company. These metrics may include financial goals such as revenue growth, earnings per share, or return on investment. Directors receive stock appreciation rights if the company achieves or exceeds these performance targets. 2. Time-Based Stock Appreciation Rights Plan: Under this plan, directors become eligible for stock appreciation rights after a specific period of service on the board. For example, directors may be granted stock appreciation rights after one year of continuous service, providing long-term incentives to retain experienced and dedicated individuals. 3. Restricted Stock Appreciation Rights Plan: This plan grants directors the right to receive stock appreciation rights after certain conditions are met. These conditions may include the attainment of specific milestones, successful completion of strategic initiatives, or the achievement of certain company-wide objectives. Once these conditions are fulfilled, directors can exercise their stock appreciation rights. 4. Equity-Based Stock Appreciation Rights Plan: In this plan, directors are granted stock appreciation rights that are tied to the value of the company's common stock. As the stock price increases, directors have the opportunity to benefit from the growth in shareholder value, making this plan particularly attractive for aligning the interests of directors with those of the investors. Overall, the Harris Texas Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. serves as a crucial component of the company's compensation strategy, motivating directors to actively contribute to the company's success and ensuring their interests remain closely aligned with the shareholders'.

The Harris Texas Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. is a comprehensive compensation program designed to reward and retain the top talent serving on the board of directors of the company. This plan ensures that the interests of the directors are aligned with those of the shareholders, promoting long-term value creation and business sustainability. Keywords: Harris Texas, Directors Stock Appreciation Rights Plan, American Annuity Group, compensation program, board of directors, shareholders, long-term value creation, business sustainability. The Harris Texas Directors Stock Appreciation Rights Plan offers directors the opportunity to receive stock appreciation rights, which grant them the right to receive the appreciation in the value of American Annuity Group, Inc.'s common stock over a specified period. The value is calculated based on the difference between the fair market value of the stock at the time of exercise and the grant price. This plan serves as a powerful incentive for directors to actively contribute to the growth and success of the company. It ensures that their efforts directly contribute to enhancing shareholder value, as they are rewarded based on the performance of American Annuity Group, Inc.'s stock. Different types of Harris Texas Directors Stock Appreciation Rights Plans offered by American Annuity Group, Inc. may include: 1. Performance-Based Stock Appreciation Rights Plan: This plan rewards directors based on predefined performance metrics achieved by the company. These metrics may include financial goals such as revenue growth, earnings per share, or return on investment. Directors receive stock appreciation rights if the company achieves or exceeds these performance targets. 2. Time-Based Stock Appreciation Rights Plan: Under this plan, directors become eligible for stock appreciation rights after a specific period of service on the board. For example, directors may be granted stock appreciation rights after one year of continuous service, providing long-term incentives to retain experienced and dedicated individuals. 3. Restricted Stock Appreciation Rights Plan: This plan grants directors the right to receive stock appreciation rights after certain conditions are met. These conditions may include the attainment of specific milestones, successful completion of strategic initiatives, or the achievement of certain company-wide objectives. Once these conditions are fulfilled, directors can exercise their stock appreciation rights. 4. Equity-Based Stock Appreciation Rights Plan: In this plan, directors are granted stock appreciation rights that are tied to the value of the company's common stock. As the stock price increases, directors have the opportunity to benefit from the growth in shareholder value, making this plan particularly attractive for aligning the interests of directors with those of the investors. Overall, the Harris Texas Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. serves as a crucial component of the company's compensation strategy, motivating directors to actively contribute to the company's success and ensuring their interests remain closely aligned with the shareholders'.