Maricopa Arizona Directors Stock Appreciation Rights Plan is a comprehensive compensation program implemented by the American Annuity Group, Inc. This plan is designed to provide directors of the company with the opportunity to receive stock appreciation rights as a form of incentivizing their contributions and aligning their interests with the long-term success of the organization. The Maricopa Arizona Directors Stock Appreciation Rights Plan offers various benefits and flexibility to its participants. Directors are granted the rights to appreciate the company's stock value over a certain period, providing them with an excellent financial opportunity. This plan aims to motivate and reward directors for their commitment, leadership, and dedication, ultimately fostering growth and enhancing shareholder value. Under the Maricopa Arizona Directors Stock Appreciation Rights Plan, there may be different types or structures available to directors. These variations might encompass: 1. Performance-based Stock Appreciation Rights: Directors have the opportunity to earn stock appreciation rights based on the company's financial performance, achievement of specific milestones, or reaching predetermined targets. This type aligns director's compensation with the achievement of corporate objectives. 2. Time-based Stock Appreciation Rights: Directors may be provided with stock appreciation rights that vest over a defined period. This structure ensures long-term commitment and retention of experienced directors, as the rights become exercisable incrementally over time. 3. Equity-based Stock Appreciation Rights: Directors might be granted stock appreciation rights tied to the company's equity shares. As the stock value increases, directors can exercise their rights to gain monetary benefits. 4. Team-based Stock Appreciation Rights: This type of plan may grant stock appreciation rights based on team performance or overall company performance, further fostering collaboration and collective effort among directors. The Maricopa Arizona Directors Stock Appreciation Rights Plan of American Annuity Group, Inc., provides a flexible and attractive compensation mechanism to reward directors for contributing to the company's growth and shareholder value. This plan helps align their interests with the long-term success of the organization while promoting retention, motivation, and outstanding performance among the board of directors.