Common use of Exercise of Stock Appreciation Rights Clause in Contracts

Exercise of Stock Appreciation Rights. Only a Participant may exercise a Stock Appreciation Right, and the Participant may exercise a Stock Appreciation Right only on or after the date on which the Stock Appreciation Right vests, as provided in Section 8(e), below, and only on or before the date on which the Stock Appreciation Right expires, as provided in Section 8(f) below.