Common use of Effect on SARs Clause in Contracts

Effect on SARs. In the event of a Change in Control, notwithstanding any provision of the Plan or this Agreement to the contrary, the SARs shall become immediately vested and exercisable.

Appears in 5 contracts

Sources: Stock Appreciation Rights Agreement (Geospatial Corp), Stock Appreciation Rights Agreement (Geospatial Corp), Stock Appreciation Rights Agreement (Geospatial Corp)

Effect on SARs. In the event of a Change in ControlControl (as defined below), notwithstanding any provision of the Plan or this Agreement to the contrary, the SARs shall become immediately vested and exercisable.

Appears in 1 contract

Sources: Stock Appreciation Rights Agreement (Smartfinancial Inc.)

Effect on SARs. In the event of a Change in Control, notwithstanding any provision of the Plan or this Agreement to the contrary, the SARs evidenced hereby shall become immediately vested and exercisable. notwithstanding anything in the Plan or in this Agreement to the contrary.

Appears in 1 contract

Sources: Stock Appreciation Rights Award Agreement (Steel Dynamics Inc)