Stock Appreciation Rights definition

Stock Appreciation Rights or “SAR” means a right granted to a Participant under Section 6(c).

Stock Appreciation Rights means awards granted in accordance with Article VI.

Stock Appreciation Rights or “SAR” means a right granted to an Eligible Person under Section 6(c) hereof.

Examples of Stock Appreciation Rights in a sentence

• Participant acknowledges that Participant is subject to ixxxxxx xxxxxxx laws and regulations which may affect his ability to accept, acquire, sell or otherwise dispose of Common Stock or rights to Common Stock (e.g., Stock Units or Stock Appreciation Rights) during such times Participant is considered to have “material nonpublic information” regarding the Company as defined in U.S. federal and state securities laws and regulations.

• The CFO Stock Appreciation Rights shall have a term of ten (10) years and any CFO Stock Appreciation Rights that become vested shall remain outstanding and exercisable for the full ten (10) year term, even following Executive’s termination of continuous service.

• The YUM! Stock Appreciation Rights and the terms and conditions set forth herein are subject in all respects to the terms and conditions of the Plan and any Operating Guidelines or other policies or regulations which govern administration of the Plan, which shall be controlling.

• YUM! reserves its right to amend or terminate the Plan at any time without the consent of the Participant; provided, however, that YUM! Stock Appreciation Rights outstanding under the Plan at the time of such amendment or termination shall not be adversely affected thereby, as set forth in Section 7 of the Plan.

• If the employment of the Participant is terminated by the Company (other than for cause) on or within two years following a Change in Control, all outstanding YUM! Stock Appreciation Rights shall continue to be exercisable at any time within three years after the date of such termination of employment, but in no event after the end of the YUM! Stock Appreciation Right Term.

More Definitions of Stock Appreciation Rights

Stock Appreciation Rights means an Award granted pursuant to Article VI of the Plan.

Stock Appreciation Rights or “SAR” means a conditional right granted to a Participant under Section 6(c) hereof.

Stock Appreciation Rights means Awards under Section 8.

Stock Appreciation Rights or “SARs” means the right to receive a cash payment from the Company equal to the excess of the Fair Market Value of a stated number of shares of Common Stock at the exercise date over a fixed price for such shares.

Stock Appreciation Rights or “SARs” shall mean a right granted to a Participant under Article V of the Program, which grants the Participant the right to receive the difference between the Fair Market Value of the Common Stock on the date of exercise and the price at which the SAR was granted.

Stock Appreciation Rights or “SAR” means a right granted to a grantee under Section 9.A of the Plan.

Stock Appreciation Rights or “SARs” means the right to receive a payment equal to the excess of the Fair Market Value of a share of Common Stock on the date the Stock Appreciation Rights are exercised over the exercise price per share of Common Stock established for those Stock Appreciation Rights at the time of grant, multiplied by the number of shares of Common Stock with respect to which the Stock Appreciation Rights are exercised.