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SAG QB3 2013, englisch

41 05 INTERIM MANAGEMENT REPORT 20 INTERIM FINANCIAL STATEMENTS 28 NOTES TO THE INTERIM FINANCIAL STATEMENTS 44 SERVICE [12] Stock option plans and stock appreciation rights program Software AG has various stock option plans for members of the Management Board, managers and other Group employees. Our stock price-based remuneration plans as of September 30, 2013 are described in detail on pages 228–233 of our 2012 Annual Report. The rights granted under Management Incentive Plan 2011 (MIP IV) changed as follows in the first nine months of fiscal 2013: Number of rights Exercise price per right (in €) Remaining term (in years) Aggregated intrinsic value (in €) Balance as of Dec. 31, 2012 5,262,000 41.34 8.5 0 Granted 737,667 41.34 Forfeited − 843,833 41.34 Balance as of Sept. 30, 2013 5,155,834 41.34 7.75 0 The balance of rights granted under Management Incentive Plan 2007 (MIP III) decreased by 27,000 forfeited rights com- pared to the balance on December 31, 2012. All rights outstanding under MIP III as of September 30, 2013 were exercisable. Because there is no obligation to settle in cash, these rights are still accounted for as an equity-settled stock option program pursuant to IFRS 2. Accordingly, there were no provisions for rights from MIP III as of September 30, 2013. GENERAL 28 NOTES TO THE CONSOLIDATED BALANCE SHEET 32 OTHER DISCLOSURES 34