Grant of SARs Contract Clauses (51)

Grant of SARs. The Company hereby grants to Employee as of the Award Date SARs on shares of the Company's Class A Common Stock (the "SAR Shares"), subject to the terms and conditions of the Plan and Employee's acceptance of this Agreement. Under this Agreement, upon satisfying the conditions for exercising SARs as set forth in paragraphs 5 and 6 below, Employee shall receive a number of shares of Class A Common Stock of the Company equal to the number of SAR Shares that are being exercised under such SARs mul...ied by the quotient of (a) the Final Value minus the Base Value, divided by (b) the Final Value. View More

Grant of SARs. Subject to the terms and conditions set forth in this Agreement, the Company hereby grants to Ripley the fully vested right to receive Common Stock of the Company equal in value to the difference between the SARs' base value of Thirty-Two Dollars and Eight-One Cents ($32.81) per SAR, which is the fair market value of one share of Common Stock on the date of grant under the Plan, and the per share closing price of the Company's Common Stock on the date of exercise.

Grant of SARs. Subject to the terms and conditions set forth in this Agreement, the Company hereby grants to Employee the right to receive Common Stock of the Company equal in value (at the per share closing price of the Company's Common Stock on the date of exercise) to the difference between the per share closing price of the Company's Common Stock on the Grant Date, and the per share closing price of the Company's Common Stock on the date of exercise. The SARs shall vest [fifty percent (50%)] on each annive...rsary of the Grant Date, subject to Employee's continued employment on the applicable vesting date except as otherwise provided in Section 3. View More

Grant of SARs. 1.1 Grant. The Company hereby grants to the Participant an aggregate of 3,000,000 stock appreciation rights (the "SARs"). Each SAR entitles the Grantee to receive, upon exercise, an amount equal to the excess of (a) the Fair Market Value of a share of Common Stock on the date of exercise, over (b) the Exercise Price (the "Appreciation Value"). The SARs are being granted pursuant to the terms of the Company's 2013 Equity Incentive Plan (the "Plan"). 1.2 Consideration; Subject to Plan. The grant o...f the SARs is made in consideration of the services to be rendered by the Participant to the Company and is subject to the terms and conditions of the Plan. Capitalized terms used but not defined herein will have the meaning ascribed to them in the Plan. View More