Company: AFGC
Filing Date: 2025-04-04
Form Type: DEF 14A
Source: 0001140361-25-012231
Chunk: 83

Company: AMERICAN FINANCIAL GROUP INC
Filing Date: 2025-04-04
Form: DEF 14A
Chunk 83
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.13 “Employee Participant” means any employee who has received an Award. 2.13 2.14 “Exchange Act” means the Securities Exchange Act of 1934. 2.14 2.15 “Fair Market Value” of a Share as of a given date shall (i) if the Common Stock is then traded on the New York Stock Exchange, be the average of the highest and lowest of the New York Stock Exchange composite tape market prices at which the Shares shall have been sold regular way on the date as of which fair market value is to be determined or (ii) if the Common Stock is not then traded A-1 TABLE OF CONTENTS on the New York Stock Exchange but is quoted on the Nasdaq National Market, be the average of the closing bid and asked prices for a Share on the date as of which Fair Market Value is to be determined, or, in the case of (i) or (ii) if there shall be no such sale on such date, the next preceding day on which such sales shall have occurred. If Common Stock is not listed on the New York Stock Exchange or Nasdaq National Market on the date as of which Fair Market Value is to be determined, the Committee shall determine in good faith the Fair Market Value in whatever manner it considers appropriate. In all events, for Awards intended to be exempt from Section 409A of the Code, Fair Market Value shall be determined by the Committee in accordance with Section 409A of the Code. 2.15 2.16 “Good Reason” has the meaning set forth in 11.3.3 11.2.3 . 2.16 2.17 “Grant Date” means the date designated by the Committee as the date upon which an Award is granted. 2.17 2.18 “Incentive Option” means any Stock Option granted to an Eligible Employee and intended to be and designated as an “Incentive Stock Option” within the meaning of Section 422 of the Code or any successor provision. 2.18 2.19 “Non-Qualified Option” means any Stock Option that is not an Incentive Option. 2.19 2.20 “Lindner Family” has the meaning set forth in Section 11.3.2 11.2.2 . 2.21 “Non-Employee Director” means a director as defined in Rule 16b-3 promulgated under the Exchange Act. 2.