Stock Appreciation Rights Clause Example with 20 Variations from Business Contracts
This page contains Stock Appreciation Rights clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Stock Appreciation Rights. Subject to the terms of this Plan, the Administrator will determine all terms and conditions of each SAR, including but not limited to: (a) whether the SAR is granted independently of an Option or relates to an Option; (b) the grant date, which may not be any day prior to the date that the Administrator approves the grant; (c) the number of Shares to which the SAR relates; (d) the grant price, provided that the grant price shall not be less than the Fair Market Value of the Shares subject to the... SAR as determined on the date of grant; (e) the terms and conditions of exercise or maturity, including vesting; (f) the term, provided that an SAR must terminate no later than ten (10) years after the date of grant; and (g) whether the SAR will be settled in cash, Shares or a combination thereof. If an SAR is granted in relation to an Option, then unless otherwise determined by the Administrator, the SAR shall be exercisable or shall mature at the same time or times, on the same conditions and to the extent and in the proportion, that the related Option is exercisable and may be exercised or mature for all or part of the Shares subject to the related Option. Upon exercise of any number of SARs, the number of Shares subject to the related Option shall be reduced accordingly and such Option may not be exercised with respect to that number of Shares. The exercise of any number of Options that relate to an SAR shall likewise result in an equivalent reduction in the number of Shares covered by the related SAR.View More
Variations of a "Stock Appreciation Rights" Clause from Business Contracts
Stock Appreciation Rights. Subject to the terms of this Plan, the Administrator will determine all terms and conditions of each SAR, including but not limited to: (a) whether the SAR is granted independently of an Option or relates to an Option; (b) the grant date, which may not be any day prior to the date that the Administrator approves the grant; (c) (b) the number of Shares to which the SAR relates; (d) (c) the grant price, provided that the grant price shall not which may never be less than the Fair Market Value of t...he Shares subject to the SAR as determined on the date of grant; (e) (d) the terms and conditions of exercise or maturity, including vesting; (f) (e) the term, provided that an SAR must terminate no later than ten (10) years after the date of grant; and (g) (f) whether the SAR will be settled in cash, Shares or a combination thereof. If an SAR is granted in relation to an Option, then unless otherwise determined by the Administrator, the SAR shall be exercisable or shall mature at the same time or times, on the same conditions 9 9. Performance and Stock Awards. Subject to the extent terms of this Plan, the Administrator will determine all terms and in the proportion, that the related Option is exercisable and may be exercised conditions of each award of Shares, Restricted Stock, Restricted Stock Units, Performance Shares or mature for all or part of the Shares subject to the related Option. Upon exercise of any number of SARs, Performance Units, including but not limited to: (a) the number of Shares subject and/or units to which such Award relates; (b) whether, as a condition for the related Option shall Participant to realize all or a portion of the benefit provided under the Award, one or more Performance Goals must be reduced accordingly and achieved during such Option may not period as the Administrator specifies; (c) the length of the vesting and/or performance period and, if different, the date on which payment of the benefit provided under the Award will be exercised made; (d) with respect to Performance Units, whether to measure the value of each unit in relation to a designated dollar value or the Fair Market Value of one or more Shares; and (e) with respect to Restricted Stock Units and Performance Units, whether to settle such Awards in cash, in Shares (including Restricted Stock), or in a combination of cash and Shares; provided that number of Shares. The exercise of any number of Options that relate no dividends or Dividend Equivalent Units shall be paid on Performance Shares or Performance Units prior to an SAR shall likewise result in an equivalent reduction in the number of Shares covered by the related SAR. their vesting. View More
Stock Appreciation Rights. Subject to the terms of this Plan, the Administrator will determine all terms and conditions of each SAR, including but not limited to: (a) whether the SAR is granted independently of an Option or relates to an Option; (b) the grant date, which may not be any day prior to the date that the Administrator approves the grant; (c) (b) the number of Shares to which the SAR relates; (d) (c) the grant price, provided that the grant price shall not which may never be less than the Fair Market Value of t...he Shares subject to the SAR as determined on the date of grant; (e) (d) the terms and conditions of exercise or maturity, including vesting; (f) (e) the term, provided that an SAR must terminate no later than ten (10) years after the date of grant; and (g) (f) whether the SAR will be settled in cash, Shares or a combination thereof. If an SAR is granted in relation to an Option, then unless otherwise determined by the Administrator, the SAR shall be exercisable or shall mature at the same time or times, on the same conditions A-7 9. Performance and Stock Awards. Subject to the extent terms of this Plan, the Administrator will determine all terms and in the proportion, that the related Option is exercisable and may be exercised conditions of each award of Shares, Restricted Stock, Restricted Stock Units or mature for all or part of the Shares subject to the related Option. Upon exercise of any number of SARs, Performance Units, including but not limited to: (a) the number of Shares subject and/or units to which such Award relates; (b) whether, as a condition for the related Option shall Participant to realize all or a portion of the benefit provided under the Award, one or more Performance Goals must be reduced accordingly and achieved during such Option may not period as the Administrator specifies; (c) the length of the vesting and/or performance period and, if different, the date on which payment of the benefit provided under the Award will be exercised made; (d) with respect to that number Performance Units, whether to measure the value of each unit in relation to a designated dollar value or the Fair Market Value of one or more Shares; and (e) with respect to Restricted Stock Units and Performance Units, whether to settle such Awards in cash, in Shares (including Restricted Stock), or in a combination of cash and Shares. The exercise of any number of Options that relate to an SAR shall likewise result in an equivalent reduction in the number of Shares covered by the related SAR.View More
Stock Appreciation Rights. Subject to the terms of this Plan, the Administrator will determine all terms and conditions of each SAR, including but not limited to: (a) whether the SAR is granted independently of an Option or relates to an Option; (b) the grant date, which may not be any day prior to the date that the Administrator approves the grant; (c) the number of Shares to which the SAR relates; (d) the grant price, provided that the grant price shall not which may never be less than the Fair Market Value of the Share...s subject to the SAR as determined on the date of grant; (e) the terms and conditions of exercise or maturity, including vesting; (f) the term, provided that an SAR must terminate no later than ten (10) years after the date of grant; and (g) whether the SAR will be settled in cash, Shares or a combination thereof. If an SAR is granted in relation to an Option, then unless otherwise determined by the Administrator, the SAR shall be exercisable or shall mature at the same time or times, on the same conditions 9 9. Performance and Stock Awards. Subject to the extent terms of this Plan, the Administrator will determine all terms and in the proportion, that the related Option is exercisable and may be exercised conditions of each award of Shares, Restricted Stock, Restricted Stock Units, Performance Shares or mature for all or part of the Shares subject to the related Option. Upon exercise of any number of SARs, Performance Units, including, but not limited to: (a) the number of Shares subject and/or units to which such Award relates; (b) whether, as a condition for the related Option shall Participant to realize all or a portion of the benefit provided under the Award, one or more Performance Goals must be reduced accordingly and achieved during such Option may not period as the Administrator specifies; (c) the length of the vesting and/or performance period and, if different, the date on which payment of the benefit provided under the Award will be exercised made; (d) with respect to Performance Units, whether to measure the value of each unit in relation to a designated dollar value or the Fair Market Value of one or more Shares; and (e) with respect to Restricted Stock Units and Performance Units, whether to settle such Awards in cash, in Shares (including Restricted Stock), or in a combination of cash and Shares; provided that number of Shares. The exercise of any number of Options that relate no dividends or Dividend Equivalent Units shall be paid on Performance Shares or Performance Units prior to an SAR shall likewise result in an equivalent reduction in the number of Shares covered by the related SAR. their vesting. View More
Stock Appreciation Rights. Subject to the terms of this Plan, the Administrator Board will determine all terms and conditions of each SAR, including but not limited to: (a) whether the SAR is granted independently of an Option or relates to an Option; (b) the grant date, which may not be any day prior to the date that the Administrator approves the grant; (c) the The number of Shares to which the SAR relates; (d) the (b) The grant price, provided that the grant price shall not be less than the Fair Market Value of the Sha...res subject to the SAR as determined on the date of grant; (e) grant unless the SAR complies with Code Section 409A; (c) The terms and conditions of exercise or maturity, including vesting; (f) the maturity; (d) The term, provided that an SAR must terminate no later than ten (10) years after the tenth (10th) anniversary of the date of grant; and (g) whether (e) Whether the SAR will be settled in cash, Shares or a combination thereof. If an SAR is granted in relation to an Option, then unless otherwise determined by the Administrator, the SAR shall be exercisable or shall mature at the same time or times, on the same conditions and to the extent and in the proportion, that the related Option is exercisable and may be exercised or mature for all or part of the Shares subject to the related Option. Upon exercise of any number of SARs, the number of Shares subject to the related Option shall be reduced accordingly and such Option may not be exercised with respect to that number of Shares. The exercise of any number of Options that relate to an SAR shall likewise result in an equivalent reduction in the number of Shares covered by the related SAR.View More
Stock Appreciation Rights. Subject to the terms of this Plan, the Administrator Committee will determine all terms and conditions of each SAR, including but not limited to: (a) whether the SAR is granted independently of an Option or relates to an Option; (b) the grant date, which may not be any day prior to the date that the Administrator approves the grant; (c) the The number of Shares to which the SAR relates; (d) the (b) The grant price, provided that the grant price shall not be less than the Fair Market Value of the... Shares subject to the SAR as determined on the date of grant; (e) the 6 (c) The terms and conditions of exercise or maturity, including vesting; (f) the maturity; (d) The term, provided that an a SAR must terminate no later than ten (10) years after the tenth (10th) anniversary of the date of grant; and (g) whether (e) Whether the SAR will be settled in cash, Shares or a combination thereof. If an SAR is granted in relation to an Option, then unless otherwise determined by the Administrator, the SAR shall be exercisable or shall mature at the same time or times, on the same conditions and to the extent and in the proportion, that the related Option is exercisable and may be exercised or mature for all or part of the Shares subject to the related Option. Upon exercise of any number of SARs, the number of Shares subject to the related Option shall be reduced accordingly and such Option may not be exercised with respect to that number of Shares. The exercise of any number of Options that relate to an SAR shall likewise result in an equivalent reduction in the number of Shares covered by the related SAR.View More
Stock Appreciation Rights. Subject to the terms of this Plan, the Administrator Committee will determine all terms and conditions of each SAR, including but not limited to: (a) whether the SAR is granted independently of an Option or relates to an Option; (b) the grant date, which may not be any day prior to the date that the Administrator approves the grant; (c) the The number of Shares to which the SAR relates; (d) the 5 (b) The grant price, provided that the grant price shall not be less than the Fair Market Value of t...he Shares subject to the SAR as determined on the date of grant; (e) the (c) The terms and conditions of exercise or maturity, including vesting; (f) the maturity; (d) The term, provided that an SAR must terminate no later than ten (10) years after the tenth (10th) anniversary of the date of grant; and (g) whether (e) Whether the SAR will be settled in cash, Shares or a combination thereof. If an SAR is granted in relation to an Option, then unless otherwise determined by the Administrator, the SAR shall be exercisable or shall mature at the same time or times, on the same conditions and to the extent and in the proportion, that the related Option is exercisable and may be exercised or mature for all or part of the Shares subject to the related Option. Upon exercise of any number of SARs, the number of Shares subject to the related Option shall be reduced accordingly and such Option may not be exercised with respect to that number of Shares. The exercise of any number of Options that relate to an SAR shall likewise result in an equivalent reduction in the number of Shares covered by the related SAR.View More
Stock Appreciation Rights. Subject to the terms of this Plan, the Administrator will determine all terms and conditions of each SAR, including but not limited to: (a) whether Whether the SAR is granted independently of an Option or relates to an Option; (b) the grant date, which may not be any day prior to the date that the Administrator approves the grant; (c) the The number of Shares to which the SAR relates; (d) (c) The date of grant, which may not be prior to the date of the Administrator's approval of the grant;(d) T...he grant price, provided that the grant price shall not be less than the Fair Market Value of the Shares subject to the SAR as determined on the date of grant; (e) the The terms and conditions of exercise or maturity, including vesting; maturity; (f) the The term, provided that an each SAR must terminate no later than ten (10) years after the date of grant; and (g) whether Whether the SAR will be settled in cash, Shares or a combination thereof. If an SAR is granted in relation to an Option, then unless otherwise determined by the Administrator, the SAR shall be exercisable or shall mature at the same time or times, on the same conditions and to the extent and in the proportion, that the related Option is exercisable and may be exercised or mature for all or part of the Shares subject to the related Option. Upon exercise of any number of SARs, the number of Shares subject to the related Option shall be reduced accordingly and such Option may not be exercised with respect to that number of Shares. The exercise of any number of Options that relate to an SAR shall likewise result in an equivalent reduction in the number of Shares covered by the related SAR. SAR.9. Performance Units and Stock Awards. Subject to the terms of this Plan, the Administrator will determine all terms and conditions of each award of Restricted Stock, Restricted Stock Units, Deferred Stock Rights, Performance Shares or Performance Units, including but not limited to: (a) The number of Shares and/or units to which such Award relates; (b) Whether, as a condition for the Participant to realize all or a portion of the benefit provided under the Award, one or more Performance Goals must be achieved during such period as the Administrator specifies; (c) The Restriction Period with respect to Restricted Stock or Restricted Stock Units and the period of deferral for Deferred Stock Rights; (d) The performance period for Performance Awards (which, subject to the provisions of Sections 13 and 17, must be at least one year for Stock-based Performance Awards);(e) With respect to Performance Units, whether to measure the value of each unit in relation to a designated dollar value or the Fair Market Value of one or more Shares; and (f) With respect to Restricted Stock Units and Performance Units, whether to settle such Awards in cash, in Shares, or a combination thereof. During the time Restricted Stock is subject to the Restriction Period, the Participant shall have all of the rights of a stockholder with respect to the Restricted Stock, including the right to vote such Stock and, unless the Administrator shall otherwise provide, the right to receive dividends paid with respect to such Stock.Except as otherwise provided in the Plan, at such time as all restrictions applicable to an Award of Restricted Stock, Deferred Stock Rights or Restricted Stock Units are met and the Restriction Period expires, ownership of the Stock subject to such restrictions shall be transferred to the Participant free of all restrictions except those that may be imposed by applicable law; provided that if Restricted Stock Units are paid in cash, said payment shall be made to the Participant after all applicable restrictions lapse and the Restriction Period expires. View More
Stock Appreciation Rights. Subject to the terms of this Plan, the Administrator Committee will determine all terms and conditions of each SAR, including but not limited to: (a) whether the SAR is granted independently of an Option or relates to an Option; (b) the grant date, which may not be any day prior to the date that the Administrator approves the grant; (c) the The number of Shares to which the SAR relates; (d) the (b) The grant price, provided that the grant price shall not be less than the Fair Market Value of the... Shares subject to the SAR as determined on the date of grant; (e) the (c) The terms and conditions of exercise or maturity, including vesting; (f) the maturity; (d) The term, provided that an a SAR must terminate no later than ten (10) years after the tenth (10th) anniversary of the date of grant; and (g) whether (e) Whether the SAR will be settled in cash, Shares or a combination thereof. If an SAR is granted in relation to an Option, then unless otherwise determined by the Administrator, the SAR shall be exercisable or shall mature at the same time or times, on the same conditions and to the extent and in the proportion, that the related Option is exercisable and may be exercised or mature for all or part of the Shares subject to the related Option. Upon exercise of any number of SARs, the number of Shares subject to the related Option shall be reduced accordingly and such Option may not be exercised with respect to that number of Shares. The exercise of any number of Options that relate to an SAR shall likewise result in an equivalent reduction in the number of Shares covered by the related SAR.View More
Stock Appreciation Rights. Subject to the terms of this Plan, the Administrator Committee will determine all terms and conditions of each SAR, including but not limited to: (a) whether the SAR is granted independently of an Option or relates to an Option; (b) the grant date, which may not be any day prior to the date that the Administrator approves the grant; (c) the The number of Shares to which the SAR relates; (d) the (b) The grant price, provided that the grant price shall not be less than the Fair Market Value of the... Shares subject to the SAR as determined on the date of grant; (e) the (c) The terms and conditions of exercise or maturity, including vesting; (f) the maturity; (d) The term, provided that an SAR must terminate no later than ten (10) years after the tenth (10th) anniversary of the date of grant; and (g) whether (e) Whether the SAR will be settled in cash, Shares or a combination thereof. If an SAR is granted in relation to an Option, then unless otherwise determined by the Administrator, the SAR shall be exercisable or shall mature at the same time or times, on the same conditions and to the extent and in the proportion, that the related Option is exercisable and may be exercised or mature for all or part of the Shares subject to the related Option. Upon exercise of any number of SARs, the number of Shares subject to the related Option shall be reduced accordingly and such Option may not be exercised with respect to that number of Shares. The exercise of any number of Options that relate to an SAR shall likewise result in an equivalent reduction in the number of Shares covered by the related SAR.View More
Stock Appreciation Rights. Subject to the terms of this Plan, the Administrator will determine all terms and conditions of each SAR, including but not limited to: (a) whether the SAR is granted independently of an Option or relates to an Option; (b) the grant date, which may not be any day prior to the date that the Administrator approves the grant; (c) (b) the number of Shares to which the SAR relates; (d) (c) the grant price, provided that the grant price shall not which may never be less than the Fair Market Value of t...he Shares subject to the SAR as determined on the date of grant; (e) (d) the terms and conditions of exercise or maturity, including vesting; (f) (e) the term, provided that an SAR must terminate no later than ten (10) years after the date of grant; and (g) (f) whether the SAR will be settled in cash, Shares or a combination thereof. If an SAR is granted in relation to an Option, then unless otherwise determined by the Administrator, the SAR shall be exercisable or shall mature at the same time or times, on the same conditions and to the extent and in the proportion, that the related Option is exercisable and may be exercised or mature for all or part of the Shares subject to the related Option. Upon exercise of any number of SARs, the number of Shares subject to the related Option shall be reduced accordingly and such Option may not be exercised with respect to that number of Shares. The exercise of any number of Options that relate to an SAR shall likewise result in an equivalent reduction in the number of Shares covered by the related SAR.View More
