PERSONAL AND CONFIDENTIALConfidentiality Agreement |
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Exhibit 10.2
PERSONAL AND CONFIDENTIAL
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TO: |
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«FULL_NAME» |
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FROM: |
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C. Dowd Ritter |
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DATE: |
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«DATE» |
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RE: |
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Stock Option Grant |
I am pleased to inform you that AmSouth Bancorporation, on «DATE», granted you options to purchase a total of shares of its common stock at the option price of $ per share, which was the Fair Market Value of each share of common stock on the date of grant. The value of these options will be determined by the amount of any appreciation in the price of stock in the future, which in turn is dependent upon our ability to continue performing well as a company.
Your option was granted to you under the 1996 Long Term Incentive Compensation Plan (the Plan). References to defined terms in the Plan are capitalized in this memorandum. The prospectus for the Plan and the Plan document itself are obtainable by logging on to the Executive Web Site via your office personal computer at [insert web site]. If you do not have access to a personal computer and/or the Executive Web Site and would like a copy of the plan document and prospectus, please contact Special Compensation at [insert phone number]. Pleas
