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 San Bernardino California Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. is a comprehensive compensation plan offered by the company to its directors. It aims to incentivize and reward directors for their contributions towards the company's growth and success. This plan is designed to provide directors with stock appreciation rights, allowing them to benefit from the increase in the company's stock price. Under this plan, directors are granted the right to receive a cash payment equal to the appreciation in the company's stock value over a predetermined period. This period is set by the company and typically spans a number of years to align with the long-term success of the company. Directors have the opportunity to gain financially by capitalizing on the company's growth and share price appreciation. The San Bernardino California Directors Stock Appreciation Rights Plan may have different variations or types tailored to the specific needs and objectives of American Annuity Group, Inc. For example, the plan may differentiate between non-employee directors and executive directors, offering varying levels of stock appreciation rights based on their roles and responsibilities within the company. It may also include provisions for vesting periods, allowing directors to exercise their rights after a specific period of service. Keywords: San Bernardino California, directors stock appreciation rights plan, American Annuity Group, Inc., compensation plan, incentivize, reward, growth, success, stock price, stock appreciation rights, cash payment, appreciation, predetermined period, long-term, directors, financial gain, share price, variations, non-employee directors, executive directors, roles, responsibilities, vesting periods, exercise rights.
The San Bernardino California Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. is a comprehensive compensation plan offered by the company to its directors. It aims to incentivize and reward directors for their contributions towards the company's growth and success. This plan is designed to provide directors with stock appreciation rights, allowing them to benefit from the increase in the company's stock price. Under this plan, directors are granted the right to receive a cash payment equal to the appreciation in the company's stock value over a predetermined period. This period is set by the company and typically spans a number of years to align with the long-term success of the company. Directors have the opportunity to gain financially by capitalizing on the company's growth and share price appreciation. The San Bernardino California Directors Stock Appreciation Rights Plan may have different variations or types tailored to the specific needs and objectives of American Annuity Group, Inc. For example, the plan may differentiate between non-employee directors and executive directors, offering varying levels of stock appreciation rights based on their roles and responsibilities within the company. It may also include provisions for vesting periods, allowing directors to exercise their rights after a specific period of service. Keywords: San Bernardino California, directors stock appreciation rights plan, American Annuity Group, Inc., compensation plan, incentivize, reward, growth, success, stock price, stock appreciation rights, cash payment, appreciation, predetermined period, long-term, directors, financial gain, share price, variations, non-employee directors, executive directors, roles, responsibilities, vesting periods, exercise rights.