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 Executive Stock Options/SARs
 
DaimlerChrysler Stock Option Program
If you were an active Executive employee (Band 94 and above) between 4/1/2000 and 4/1/2004 , you may have received an Executive stock option grant. A stock option represents the right granted to you by the company to purchase shares of Daimler stock at a price determined on the date of the stock option grant. Stock option grants expire 10 years from grant date, unless an employee separates from the company. Upon separation, the following stock option lapse rules apply:
  • Disability, Retirement, Early Retirement -Stock option may be exercised until the earlier of the expiration date or the fifth (5th) anniversary of the date of termination.
  • Mutually agreeable termination -Exercise rights may be extended until the earlier of the expiration date or the first anniversary of the date of termination at the discretion of the Administrator, provided such extension is granted in writing at the time of termination.
  • Death -Stock option may be exercised by the participant's estate until the earlier of (a) the expiration date or (b) the later of the first anniversary of the date of death or six (6) months following the initial 24-month vesting period.
  • Subsidiary has ceased to belong directly or indirectly to DaimlerChrysler AG - Stock options may be exercised until the earlier of the expiration date or the first anniversary of the date at which the investment of DaimlerChrysler AG in the subsidiary reduces to 50% or less. The lapse date for stock options belonging to Chrysler employees who were active at the time of Chrysler’s sale to Cerberus is 8/3/2008 . This lapse date will not change, regardless of any later separation.

The Daimler AOP (Aktien Orientierte Plane - Stock Based Plans) Center is the global administrator of the Daimler Stock Option Program. The AOP Center is located in Germany . Customer service representatives are available from 2am to 2pm and can be reached at 011 49 61 42162-1050 or at daimleraop@acs-inc.com . You may also visit their website . Questions regarding access to the website should be directed to the AOP Center .


 
 Stock Options/SARs
AOP Center Website (Stock Options)
011 49 61 42162-1050
Stock Options Exercise Forms

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