SAR Shares definition
Examples of SAR Shares in a sentence
Such notice of exercise shall specify the number of SAR Shares to be exercised.
In accordance with the terms of the Plan, the Company may limit or suspend the exercisability of the SARs or the purchase or issuance of SAR Shares thereunder under certain circumstances.
To exercise the SARs, the person entitled to exercise the SARs must provide a signed written notice or the equivalent to the Company or its designee, as prescribed in the administrative procedures of the Plan, stating the number of SAR Shares with respect to which the SARs are being exercised.
Upon a partial exercise of this SAR, the number of SAR Shares available for future exercise shall be reduced by the portion of the SAR so exercised.
Children with severe chronic health-conditions experience extensive stress that can lead to lowered emotional and thus physical well-being.
Employee shall have no rights as a shareholder with respect to any SAR Shares covered by the SARs granted hereby until the date of acquisition by Employee of such SAR Shares.
Whenever the Net SAR Shares are to be issued pursuant to the exercise of the SAR, the Company may require the recipient of the Net SAR Shares to remit to the Company an amount sufficient to satisfy the employer’s minimum statutory U.S. federal, state and local and non-U.S. tax withholding requirements.
The SAR Shares may not be exercised during the one-year period following the Grant Date (the “waiting period�).
Notwithstanding any other provision of this Agreement or the Plan to the contrary, upon the exercise of the Option, the number of Tandem SAR Shares shall immediately and automatically be reduced by the number of shares of Common Stock into which the Option is exercised.
Such notice shall specify the number of Tandem SAR Shares as to which the Tandem SAR is being exercised.