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 Executive Stock Options/SARs
 
Performance Phantom Share Plan (PPSP)

If you were an active Executive (Band 94 and above) between 4/1/2005 and 4/1/2007 you may have received a PPSP grant.

If you retired prior to 7/31/2007 and have a 2006 or 2005 grant, these grants will be paid out based on Return on Net Assets and Return on Sales performance during the grant’s three-year performance period. The grants will be paid in 2008 (2005 grant) and 2009 (2006 grant) based on the Daimler share price on the date of your separation.

If you were active on 8/3/2007 your 2006/2007 grant has already been paid out and your 2005 grant will be paid in 2008 based on Return on Net Assets and Return on Sales performance during the grant’s three-year performance period. The share price used for payout will be the price on 8/3/06 .

The Daimler AOP (Aktien Orientierte Plane - Stock Based Plans) Center is the global administrator of the Performance Phantom Share Plan. 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@eds.com. You may also visit their website. Questions regarding access to the website should be directed to the AOP Center .

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@eds.com . You may also visit their website . Questions regarding access to the website should be directed to the AOP Center .


1998 and 1999 SARs
In late 1998 and February 1999, active Band 94 and above employees may have been eligible for consideration for a Stock Appreciation Right (SAR).

SARs represent the right to receive the appreciation on a specified number of shares of DaimlerChrysler stock over a certain time period. When you exercise a SAR, the gain (the difference between the grant price and the market value on the date you exercise the SAR) is paid to you in cash, less applicable taxes. SARs differ from options mainly because no shares of stock are issued or sold. You do not pay for the underlying value of the stock and you do not receive any shares of stock. You can only receive the net cash proceeds upon the exercise of SARs.

The 1999 SAR is granted for a term of 10 years from the date of grant, providing the employee remains actively employed by DaimlerChrysler. 1998 SARs retained the characteristics of the Chrysler Corp stock options they replaced, such as original grant date.


Expiration of 1998 Stock Appreciation Rights(SARs)
Upon separation the following lapse rules apply to the 1998 SAR:
  • Disability, Retirement or Early Retirement - SARs may be exercised up to five years from such date but not beyond the stated term of the SARs.
  • Mutually agreeable separation - SARs will be exercisable for up to one year from such termination, but not beyond the stated term of the SAR.
  • Death - SARs will be exercisable by the legal representative of the estate for up to one year from the date of death, provided that such date is not later than the stated term of the option, five years from disability or retirement, or one year from date of mutually agreeable separation.

Expiration of a 1999 Stock Appreciation Right (SAR)
Upon separation the following lapse rules apply to the 1999 SAR:
  • Disability, Retirement, Early Retirement - SARs may be exercised until the earlier of the date of expiration or the fifth anniversary of the date of termination.
  • Mutually agreeable termination - Exercise rights may be extended until the earlier of the date of expiration or the first anniversary of the date of termination at the discretion of the appropriate Administrator.
  • Death - SARs may be exercised by the participant's estate until the earlier of (a) the date of expiration or (b) the later of the first anniversary of the date of death or 6 months following the initial 24 month vesting period.
  • Subsidiary has ceased to belong to the DaimlerChrysler Group.- SARs may be exercised until the earlier of the date of expiration on the first anniversary of the date of separation.
If you retired after 8/3/07, the lapse date of your SAR is 8/3/08 based on Chrysler's separation from Daimler .

If you have SARs and would like more information, use the link below to access Solium Capital' OptionsNet website. Solium is the administrator of the Chrysler Group SAR program. If you do not know your User ID or pin, contact Solium Capital at 888 324-8095.


 
 Stock Options/SARs
Solium Web Site (SARS)
888 324-8095
AOP Center Website (Stock Options)
011 49 61 42162-1050
Stock Options Exercise Forms
SAR Exercise Form

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