Stock Appreciation Rights Clause Example from Business Contracts

This example Stock Appreciation Rights clause appears in 4 contracts from 4 companies

Stock Appreciation Rights. Subject to the terms of this Plan, the Committee will determine all terms and conditions of each SAR, including but not limited to: (a) The number of Shares to which the SAR relates; (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; (c) The terms and conditions of exercise or maturity; (d) The term, provided that a SAR must terminate no later than the tenth (10th) anniversary of the... date of grant; and (e) Whether the SAR will be settled in cash, Shares or a combination thereof. View More