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

• Category: Corporations - Public - Stock Options
• State: Multi-State
• County: Tarrant
• 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 Tarrant Texas Directors Stock Appreciation Rights Plan is a specific program implemented by American Annuity Group, Inc. aiming to provide stock appreciation rights (SARS) to directors based in Tarrant, Texas. This plan is designed to incentivize and reward directors for their contributions towards the growth and success of the company. Stock Appreciation Rights (SARS) are a type of equity compensation that allows directors to receive the appreciation in the value of company stock over a specified period. These rights are granted to directors as an additional compensation measure, giving them the opportunity to benefit from the company's financial performance. Under the Tarrant Texas Directors Stock Appreciation Rights Plan, directors who hold SARS are granted the right to receive an amount equal to the appreciation in the value of a specified number of company shares over a predetermined period. This benefit is typically paid out in cash, although it may also be settled through the issuance of additional company shares. This particular plan recognizes the contribution of directors located in Tarrant, Texas. However, it is worth mentioning that American Annuity Group, Inc. may have similar SAR plans catering to directors of other regional locations or even specific roles within the company. These plans might be named according to the location or role they cover, such as the "Directors Stock Appreciation Rights Plan for New York Directors" or the "Executive Stock Appreciation Rights Plan." The Tarrant Texas Directors Stock Appreciation Rights Plan is designed to align directors' interests with the company's long-term success. It encourages directors to actively participate in making strategic decisions and driving performance that positively impacts the value of the company's stock. By enabling directors to directly benefit from the appreciation of the stock, this plan fosters a stronger commitment to growing the company and creating shareholder value. In summary, the Tarrant Texas Directors Stock Appreciation Rights Plan is a specific equity compensation program designed for directors located in Tarrant, Texas, as part of American Annuity Group, Inc.'s overall strategy to reward and motivate its top leadership.

The Tarrant Texas Directors Stock Appreciation Rights Plan is a specific program implemented by American Annuity Group, Inc. aiming to provide stock appreciation rights (SARS) to directors based in Tarrant, Texas. This plan is designed to incentivize and reward directors for their contributions towards the growth and success of the company. Stock Appreciation Rights (SARS) are a type of equity compensation that allows directors to receive the appreciation in the value of company stock over a specified period. These rights are granted to directors as an additional compensation measure, giving them the opportunity to benefit from the company's financial performance. Under the Tarrant Texas Directors Stock Appreciation Rights Plan, directors who hold SARS are granted the right to receive an amount equal to the appreciation in the value of a specified number of company shares over a predetermined period. This benefit is typically paid out in cash, although it may also be settled through the issuance of additional company shares. This particular plan recognizes the contribution of directors located in Tarrant, Texas. However, it is worth mentioning that American Annuity Group, Inc. may have similar SAR plans catering to directors of other regional locations or even specific roles within the company. These plans might be named according to the location or role they cover, such as the "Directors Stock Appreciation Rights Plan for New York Directors" or the "Executive Stock Appreciation Rights Plan." The Tarrant Texas Directors Stock Appreciation Rights Plan is designed to align directors' interests with the company's long-term success. It encourages directors to actively participate in making strategic decisions and driving performance that positively impacts the value of the company's stock. By enabling directors to directly benefit from the appreciation of the stock, this plan fosters a stronger commitment to growing the company and creating shareholder value. In summary, the Tarrant Texas Directors Stock Appreciation Rights Plan is a specific equity compensation program designed for directors located in Tarrant, Texas, as part of American Annuity Group, Inc.'s overall strategy to reward and motivate its top leadership.