Company: AFGC
Filing Date: 2025-04-04
Form Type: DEF 14A
Source: 0001140361-25-012231
Chunk: 84

Company: AMERICAN FINANCIAL GROUP INC
Filing Date: 2025-04-04
Form: DEF 14A
Chunk 84
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20 2.22 “Option Price” or “Exercise Price” means the price per Share at which Common Stock may be purchased upon the exercise of an Option. 2.21 2.23 “Participant” means a person to whom an Award has been granted pursuant to this Plan. 2.22 2.24 “Performance Award” means a Restricted Stock Award, a Stock Unit Award or a Stock Award, granted to a Participant an Eligible Employee under Article 10, which Award is subject to the achievement of Performance Objectives during a Performance Period. 2.23 2.25 “Performance Objectives” means the performance objectives established pursuant to this Plan for Participants who have received Performance Awards. 2.24 2.26 “Performance Period” means the period designated for the achievement of Performance Objectives. 2.25 [Reserved.] 2.26 [Reserved.] 2.27 “Restricted Stock Award” means a grant of Shares to an Eligible Employee or Non-Employee Directorunder Article 7 that are issued subject to such vesting and transfer restrictions as the Committee shall determine and set forth in an Award Agreement. 2.28 “Retirement” means any termination of employment (other than by death or Disability) by an employee who is at least 65 years of age, or 55 years of age with at least ten years of employment with the Company or a Subsidiary of the Company. 2.29 “Share” means one share of the Common Stock. 2.30 “Stock Appreciation Right” means a contractual right granted to an Eligible Employee under Article 6 entitling such Eligible Employee to receive a payment, representing the difference between the base price per Share of the right and the Fair Market Value of a Share, at such time, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement. 2.31 “Stock Award” means a grant of Shares to an Eligible Employee under Article 9 that are issued free of vesting and transfer restrictions. 2.32 “Stock Option” or “Option” means the right to purchase Shares granted pursuant to this Plan. A-2 TABLE OF CONTENTS 2.33 “Stock Unit Award” means a contractual right granted to an Eligible Employee under Article 8 representing notional unit interests equal in value to a Share to be paid or distributed at such times, and subject to such conditions, as set forth in the Plan and the applicable