Pima Arizona Directors Stock Appreciation Rights Plan of American Annuity Group, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• County: Pima
• 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 Lima Arizona Directors Stock Appreciation Rights Plan is an incentive-based compensation program offered by American Annuity Group, Inc. to its directors in Lima, Arizona. This plan allows eligible directors to receive the appreciation in the value of the company's stock over a specified period. Under the Lima Arizona Directors Stock Appreciation Rights Plan, directors are granted stock appreciation rights (SARS) that entitle them to receive the increase in the company's stock price once exercised. This SARS is typically awarded as a form of performance-based compensation, aimed at aligning the interests of the directors with the shareholders. The plan is designed to motivate and retain valuable directors by tying their compensation directly to the company's performance in the stock market. It incentivizes directors to actively contribute to the growth and success of the company, as their financial rewards are tied to the appreciation of the company's stock value. There may be different types of Lima Arizona Directors Stock Appreciation Rights Plans offered by American Annuity Group, Inc., including: 1. Standard Stock Appreciation Rights Plan: This type of plan grants directors the right to receive the appreciation in the value of the company's stock over a specified period. 2. Performance-Based Stock Appreciation Rights Plan: In this plan, the directors' eligibility to exercise their SARS is contingent upon achieving pre-determined performance targets set by the company. It further encourages directors to drive the company's growth and meet strategic objectives. 3. Time-Vested Stock Appreciation Rights Plan: Under this plan, directors become eligible to exercise their SARS after a certain period of service with the company. It promotes loyalty and long-term commitment among directors. Overall, the Lima Arizona Directors Stock Appreciation Rights Plan provided by American Annuity Group, Inc. is an effective method of incentivizing and rewarding directors for their contributions to the company's performance and success. It aligns their interests with those of the shareholders and fosters a collaborative and growth-oriented environment within the organization.

The Lima Arizona Directors Stock Appreciation Rights Plan is an incentive-based compensation program offered by American Annuity Group, Inc. to its directors in Lima, Arizona. This plan allows eligible directors to receive the appreciation in the value of the company's stock over a specified period. Under the Lima Arizona Directors Stock Appreciation Rights Plan, directors are granted stock appreciation rights (SARS) that entitle them to receive the increase in the company's stock price once exercised. This SARS is typically awarded as a form of performance-based compensation, aimed at aligning the interests of the directors with the shareholders. The plan is designed to motivate and retain valuable directors by tying their compensation directly to the company's performance in the stock market. It incentivizes directors to actively contribute to the growth and success of the company, as their financial rewards are tied to the appreciation of the company's stock value. There may be different types of Lima Arizona Directors Stock Appreciation Rights Plans offered by American Annuity Group, Inc., including: 1. Standard Stock Appreciation Rights Plan: This type of plan grants directors the right to receive the appreciation in the value of the company's stock over a specified period. 2. Performance-Based Stock Appreciation Rights Plan: In this plan, the directors' eligibility to exercise their SARS is contingent upon achieving pre-determined performance targets set by the company. It further encourages directors to drive the company's growth and meet strategic objectives. 3. Time-Vested Stock Appreciation Rights Plan: Under this plan, directors become eligible to exercise their SARS after a certain period of service with the company. It promotes loyalty and long-term commitment among directors. Overall, the Lima Arizona Directors Stock Appreciation Rights Plan provided by American Annuity Group, Inc. is an effective method of incentivizing and rewarding directors for their contributions to the company's performance and success. It aligns their interests with those of the shareholders and fosters a collaborative and growth-oriented environment within the organization.