San Jose California Directors Stock Appreciation Rights Plan of American Annuity Group, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• City: San Jose
• 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 San Jose California Directors Stock Appreciation Rights Plan is a compensation program offered by American Annuity Group, Inc. to its directors based in San Jose, California. This plan is designed to incentivize and reward the directors of the company by providing them with opportunities to benefit from the growth and success of the company's stock. Through the San Jose California Directors Stock Appreciation Rights Plan, directors have the opportunity to receive stock appreciation rights (SARS), which are a form of financial instrument that grant the directors the right to receive the appreciation in the company's stock price over a predetermined period of time. SARS is an effective tool to align the interests of the directors with the company's shareholders and to motivate them to contribute towards the long-term growth and profitability of the company. The San Jose California Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. includes various types of SARS to accommodate the different needs and preferences of the directors. These may include: 1. Performance-Based SARS: Directors can receive SARS based on the achievement of specific performance goals or metrics set by the company. This type of SARS is commonly used to encourage directors to focus on the company's key objectives and contribute to its overall success. 2. Time-Based SARS: Directors can receive SARS based on the duration of their service on the company's board. This type of SARS is designed to reward loyalty and long-term commitment from the directors. 3. Combination SARS: Directors may also have the option to receive a combination of both performance-based and time-based SARS. This approach aims to strike a balance between incentivizing short-term performance and fostering long-term strategic decision-making. It is important for the San Jose California Directors Stock Appreciation Rights Plan to be governed by clear guidelines and regulations to ensure transparency, fairness, and compliance with applicable laws and regulations. The plan's terms and conditions, including vesting periods, exercise prices, and valuation methods, should be thoroughly communicated to the directors participating in the program. In conclusion, the San Jose California Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. is a comprehensive compensation program that aims to reward and motivate directors based in San Jose, California. By offering various types of SARS, the plan encourages directors to contribute to the company's growth and aligns their interests with those of the shareholders.

The San Jose California Directors Stock Appreciation Rights Plan is a compensation program offered by American Annuity Group, Inc. to its directors based in San Jose, California. This plan is designed to incentivize and reward the directors of the company by providing them with opportunities to benefit from the growth and success of the company's stock. Through the San Jose California Directors Stock Appreciation Rights Plan, directors have the opportunity to receive stock appreciation rights (SARS), which are a form of financial instrument that grant the directors the right to receive the appreciation in the company's stock price over a predetermined period of time. SARS is an effective tool to align the interests of the directors with the company's shareholders and to motivate them to contribute towards the long-term growth and profitability of the company. The San Jose California Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. includes various types of SARS to accommodate the different needs and preferences of the directors. These may include: 1. Performance-Based SARS: Directors can receive SARS based on the achievement of specific performance goals or metrics set by the company. This type of SARS is commonly used to encourage directors to focus on the company's key objectives and contribute to its overall success. 2. Time-Based SARS: Directors can receive SARS based on the duration of their service on the company's board. This type of SARS is designed to reward loyalty and long-term commitment from the directors. 3. Combination SARS: Directors may also have the option to receive a combination of both performance-based and time-based SARS. This approach aims to strike a balance between incentivizing short-term performance and fostering long-term strategic decision-making. It is important for the San Jose California Directors Stock Appreciation Rights Plan to be governed by clear guidelines and regulations to ensure transparency, fairness, and compliance with applicable laws and regulations. The plan's terms and conditions, including vesting periods, exercise prices, and valuation methods, should be thoroughly communicated to the directors participating in the program. In conclusion, the San Jose California Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. is a comprehensive compensation program that aims to reward and motivate directors based in San Jose, California. By offering various types of SARS, the plan encourages directors to contribute to the company's growth and aligns their interests with those of the shareholders.