8-KMaterial AgreementsExhibits & Filings

AFFILIATED MANAGERS GROUP, INC. 8-K Report, Material Agreement (Jul 7, 2006)

Filed July 7, 2006For Securities:AMGMGRBMGRMGRDMGRE

Summary

Affiliated Managers Group, Inc. (AMG) filed an 8-K report on July 7, 2006, detailing the establishment of a Deferred Compensation Plan and the approval of its 2006 Stock Option and Incentive Plan. The Deferred Compensation Plan, effective July 1, 2006, allows officers and directors to voluntarily defer compensation, such as base salary, bonuses, and director fees, on a pre-tax basis. These deferred amounts can be invested in specified measurement funds. The company may also make discretionary contributions, subject to vesting and forfeiture provisions. The 2006 Stock Option and Incentive Plan was approved by stockholders at the 2006 Annual Meeting. This plan allows for the granting of stock options and other incentives to employees. Further details regarding the plan's terms and conditions can be found in AMG's previously filed proxy statement.

Key Highlights

  • 1Establishment of a Deferred Compensation Plan effective July 1, 2006.
  • 2The Deferred Compensation Plan enables voluntary pre-tax deferral of salary, bonus, and director fees by officers and directors.
  • 3Deferred amounts can be invested in selected measurement funds.
  • 4Company has the option to make discretionary contributions to the Deferred Compensation Plan, subject to vesting.
  • 5Stockholder approval of the 2006 Stock Option and Incentive Plan at the 2006 Annual Meeting.
  • 6The 2006 Stock Option and Incentive Plan is designed to incentivize employees through stock options and other awards.

Frequently Asked Questions

The Deferred Compensation Plan allows eligible officers and directors of AMG to voluntarily defer a portion of their compensation, such as base salary, bonuses, and director fees, on a pre-tax basis. This offers them an opportunity to invest these deferred amounts for potential future growth.

Yes, the Deferred Compensation Plan allows AMG to make discretionary contributions. However, the company is under no obligation to do so. Any such contributions would be subject to specific vesting and forfeiture provisions outlined in the plan documents.

The 2006 Stock Option and Incentive Plan is a program approved by AMG's stockholders. It is designed to provide incentives to employees, likely through the granting of stock options, restricted stock, or other equity-based awards, aligning their interests with those of the company's shareholders.

Detailed information about the Deferred Compensation Plan is available in Exhibit 10.1 of the 8-K filing. For the 2006 Stock Option and Incentive Plan, further details can be found in Appendix B of AMG's 2006 Proxy Statement (filed April 28, 2006), which is also referenced as Exhibit 10.2 and Exhibit 10.3 in the 8-K filing.