Exercise Sample Clauses

Exercise. Subject to the provisions of this Plan and the applicable Agreement, an SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee shall determine; provided, however, that a Corresponding SAR that is related to an incentive stock option may be exercised only to the extent that the related Option is exercisable and only when the Fair Market Value exceeds the option price of the related Option. An SAR granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the SAR could be exercised. A partial exercise of an SAR shall not affect the right to exercise the SAR from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares subject to the SAR. The exercise of a Corresponding SAR shall result in the termination of the related Option to the extent of the number of shares with respect to which the SAR is exercised.
Exercise. Subject to the provisions of this Plan and the applicable Agreement, an a SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee shall determine; provided, however, that a SAR may be exercised only when the Fair Market Value of the Common Stock that is subject to the exercise exceeds the Initial Value of the SAR and a Corresponding SAR that is related to an incentive stock option may be exercised only to the extent that the related Option is exercisable and only when the Fair Market Value exceeds the option price of the related Optionexercisable. An A SAR granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the SAR could be exercised. A partial exercise of an a SAR shall not affect the right to exercise the SAR from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares subject to the SAR. The exercise of a Corresponding SAR shall result in the termination of the related Option to the extent of the number of shares with respect to which the SAR is exercised.
Exercise. Subject to the provisions of this Plan and the applicable Agreement, an SAR Option may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee shall determine; provided, however, that a Corresponding SAR that is related to an incentive stock option options (granted under the Plan and all plans of the Company and its Affiliates) may not be exercised only to the extent that the related Option is first exercisable and only when the in a calendar year for shares of Common Stock having a Fair Market Value exceeds the option price (determined as of the related Optiondate an Option is granted) exceeding $100,000. An SAR Option granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the SAR Option could be exercised. A partial exercise of an SAR Option shall not affect the right to exercise the SAR Option from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares subject to the SAROption. The exercise of a Corresponding SAR an Option shall result in the termination of the related Option any Corresponding SAR to the extent of the number of shares with respect to which the SAR Option is exercised.
Exercise. Subject to the provisions of this Plan and the applicable Agreement, an SAR Option may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee shall determine; provided, however, that a Corresponding SAR that is related to an incentive stock option options (granted under the Plan and all plans of the Company and its Affiliates) may not be exercised only to the extent that the related Option is first exercisable and only when the in a calendar year for Common Shares having a Fair Market Value exceeds the option price (determined as of the related Optiondate an Option is granted) exceeding $100,000. An SAR Option granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the SAR Option could be exercised. A partial exercise of an SAR Option shall not affect the right to exercise the SAR Option from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares subject to the SAROption. The exercise of a Corresponding SAR an Option shall result in the termination of the related Option any Corresponding SAR to the extent of the number of shares with respect to which the SAR Option is exercised.
Exercise. Subject to the provisions of this Plan and the applicable Agreement, an SAR Option may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee shall determine; provided, however, that a Corresponding SAR that is related to an incentive stock option options (granted under the Plan and all plans of the Company and its Affiliates) may not be exercised only to the extent that the related Option is first exercisable and only when the in a calendar year for shares of Common Stock having a Fair Market Value exceeds the option price (determined as of the related Optiondate the Option is granted) exceeding the limit set forth under Code Section 422(d) (currently $100,000). If the limitation is exceeded, the Options that cause the limitation to be exceeded shall be treated as nonqualified stock options. An SAR Option granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the SAR Option could be exercised. A partial exercise of an SAR Option shall not affect the right to exercise the SAR Option from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares subject to the SAROption. The exercise of a Corresponding SAR an Option shall result in the termination of the related Option Corresponding SAR to the extent of the number of shares with respect to which the SAR Option is exercised.
Exercise. Subject to the provisions of this Plan and the applicable Agreement, an SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee Administrator shall determine; provided, however, that a Corresponding SAR that is related to an incentive stock option may be exercised only to the extent that the related Option is exercisable and only when the Fair Market Value exceeds the option price of the related Option. An SAR granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the SAR could be exercised. A partial exercise of an SAR shall not affect the right to exercise the SAR from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares subject to the SAR. The exercise of a Corresponding SAR shall result in the termination of the related Option to the extent of the number of shares with respect to which the SAR is exercised.
Exercise. Subject to the provisions of this Plan and the applicable Agreement, an SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee shall determine; provided, however, that a Corresponding SAR that is related to an incentive stock option may be exercised only to the extent that the related Option is exercisable and only when the Fair Market Value exceeds the option price of the related Option. An SAR granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the SAR could be exercised. A partial exercise of an SAR shall not affect the right to exercise the SAR from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares subject to the SAR. The exercise of a Corresponding SAR shall result in the termination of the related Option to the extent of the number of shares of Common Stock with respect to which the SAR is exercised.
Exercise. Subject to the provisions of this Plan and the applicable Agreement, an SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee Administrator shall determine; provided, however, that a Corresponding SAR that is related to an incentive stock option Incentive Stock Option may be exercised only to the extent that the related Option is exercisable and only when the Fair Market Value exceeds the option price of the related Option. An SAR granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the SAR could be exercised. A partial exercise of an SAR shall not affect the right to exercise the SAR from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares subject to the SAR. The exercise of a Corresponding SAR shall result in the termination of the related Option to the extent of the number of shares with respect to which the SAR is exercised.
Exercise. Subject to the provisions of this Plan and the applicable Agreement, an SAR Option may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee Administrator shall determine; provided, however, that Incentive Stock Options (granted under the Plan and all plans of the Corporation and its Related Entities) may not be first exercisable in a Corresponding SAR that is related to an incentive calendar year for stock option may be exercised only to the extent that the related Option is exercisable and only when the having a Fair Market Value exceeds the option price (determined as of the related Optiondate an Option is granted) exceeding the limit prescribed by Section 422(d) of the Code. An SAR Option granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the SAR Option could be exercised. A partial exercise of an SAR Option shall not affect the right to exercise the SAR Option from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares subject to the SAROption. The exercise of a Corresponding SAR an Option shall result in the termination of the related Option any Corresponding SAR to the extent of the number of shares with respect to which the SAR Option is exercised.
Exercise. Subject to the provisions of this Plan and the applicable Agreement, an SAR Option may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee shall determine; provided, however, that a Corresponding SAR that is related to an incentive stock option options (granted under the Plan and all plans of the Company and its Affiliates) may not be exercised only to the extent that the related Option is first exercisable and only when the in a calendar year for shares of Common Stock having a Fair Market Value exceeds the option price (determined as of the related Optiondate the Option is granted) exceeding $100,000. If the limitation is exceeded, the Options that cause the limitation to be exceeded shall be treated as nonqualified stock options. An SAR Option granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the SAR Option could be exercised. A partial exercise of an SAR Option shall not affect the right to exercise the SAR Option from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares subject to the SAROption. The exercise of a Corresponding SAR an Option shall result in the termination of the related Option Corresponding SAR to the extent of the number of shares with respect to which the SAR Option is exercised.
Exercise. Subject to the provisions of this Plan and the applicable Agreement, an SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee shall determine; provided, however, that (subject to the provisions of Article III) no SAR may become exercisable before the first anniversary of its grant or the date of the Participant’s death or disability or as provided in Section 15.01 or Section 15.02. In addition, a Corresponding SAR that is related to an incentive stock option may be exercised only to the extent that the related Option is exercisable and only when the Fair Market Value exceeds the option price of the related Option. An SAR granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the SAR could be exercised. A partial exercise of an SAR shall not affect the right to exercise the SAR from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares of Common Stock subject to the SAR. The exercise of a Corresponding SAR shall result in the termination of the related Option to the extent of the number of shares of Common Stock with respect to which the SAR is exercised.
Exercise. Subject to the provisions of this Plan and the applicable Agreement, an SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee shall determine; provided, however, that a Corresponding SAR that is related to an incentive stock option may be exercised only (subject to the extent that provisions of Article III) no SAR may become exercisable before the related Option is exercisable and only when the Fair Market Value exceeds the option price first anniversary of the related Optionits grant or as provided in Section 15.01. An SAR granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the SAR could be exercised. A partial exercise of an SAR shall not affect the right to exercise the SAR from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares of Common Stock subject to the SAR. The exercise of a Corresponding SAR shall result in the termination of the related Option to the extent of the number of shares of Common Stock with respect to which the SAR is exercised.
Exercise. Subject to the provisions of this Plan Articles VII and the applicable AgreementXIII, an Option or SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee shall determine; provided, however, that a Corresponding an SAR that is related to an incentive stock option Incentive Stock Option may be exercised only to the extent that the related Option is exercisable and only when the Fair Market Value exceeds the option price Option Price of the related Option. An Option or SAR granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the Option or SAR could be exercised. A Such partial exercise of an Option or SAR shall not affect the right to exercise the Option or SAR from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares subject to the Option or SAR. The exercise of a Corresponding SAR an Option shall result in the termination of the any related Option SAR to the extent of the number of shares with respect to which the SAR Option is exercised.
Exercise. Subject to the provisions of this Plan and the applicable Agreement, an SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee shall determine; provided, however, that a Corresponding SAR that is related to an incentive stock option may be exercised only to the extent that the related Option is exercisable and only when the Fair Market Value exceeds the option price of the related Option. An SAR granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the SAR could be exercised. A partial exercise of an SAR shall not affect the right to exercise the SAR from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares subject to the SAR. The exercise of a Corresponding SAR shall result in the termination of the related Option to the extent of the number of shares of Common Stock with respect to which the SAR is exercised.
Exercise. Subject to the provisions of this Plan and the applicable Agreement, an SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee Administrator shall determine; provided, however, that a Corresponding an SAR that is related to an incentive stock option may be exercised only to the extent that the related Option is exercisable and only when the Fair Market Value exceeds the option price of the related Option. An SAR granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the SAR could be exercised. A partial exercise of an SAR shall not affect the right to exercise the SAR from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares subject to the SAR. The exercise of a Corresponding an SAR shall result in the termination of the related Option to the extent of the number of shares with respect to which the SAR is exercised.
Exercise. Subject to the provisions of this Plan and the applicable Agreement, an a SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee Administrator shall determine; provided, however, that a Corresponding SAR that is related to an incentive stock option may be exercised only to the extent that the related Option is exercisable and only when the Fair Market Value exceeds the option price of the related Option. An A SAR granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the SAR could be exercised. A partial exercise of an a SAR shall not affect the right to exercise the SAR from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares subject to the SAR. The exercise of a Corresponding SAR shall result in the termination of the related Option to the extent of the number of shares with respect to which the SAR is exercised.
Exercise. Subject to the provisions of this Plan and the applicable Agreement, an SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee shall determine; provided, however, that a Corresponding SAR that is related to an incentive stock option may be exercised only to the extent that the related Option is exercisable and only when the Fair Market Value exceeds the option price of the related Option. An SAR granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the SAR could be exercised. A partial exercise of an SAR shall not affect the right to exercise the SAR from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares of Common Stock subject to the SAR. The exercise of a Corresponding SAR shall result in the termination of the related Option to the extent of the number of shares of Common Stock with respect to which the SAR is exercised.
Exercise. Subject to the provisions of this Plan and the applicable Agreement, an a SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee shall determine; provided, however, that (subject to the provisions of Article III) no SAR may become exercisable before the first anniversary of its grant or the date of the Participant’s death or disability or as provided in Section 15.01 or Section 15.02. In addition, a Corresponding SAR that is related to an incentive stock option may be exercised only to the extent that the related Option is exercisable and only when the Fair Market Value exceeds the option price of the related Option. An A SAR granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the SAR could be exercised. A partial exercise of an SAR shall not affect the right to exercise the SAR from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares of Common Stock subject to the SAR. The exercise of a Corresponding SAR shall result in the termination of the related Option to the extent of the number of shares of Common Stock with respect to which the SAR is exercised.
Exercise. Subject to the provisions of this Plan Articles VII and the applicable AgreementXII, an Option or SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee Board shall determine; provided, however, that a Corresponding SAR that is related to an incentive stock option Option may be exercised only to the extent that the related Option option is exercisable and only when the Fair Market Value exceeds the option price Option Price of the related Option. An Option or SAR granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the option or SAR could be exercised. A Such partial exercise of an Option or SAR shall not affect the right to exercise the Option or SAR from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares subject to the Option or related SAR. The exercise of a Corresponding SAR an Option shall result in the termination of the related Option SAR to the extent of the number of shares with respect to which the SAR Option is exercised.
Exercise. Subject to the provisions of this Plan and the applicable Agreement, an SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee Board shall determine; provided, however, that a Corresponding SAR that is related to an incentive stock option Incentive Stock Option may be exercised only to the extent that the related Option is exercisable and only when the Fair Market Value exceeds the option price of the related Option. An SAR granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the SAR could be exercised. A partial exercise of an SAR shall not affect the right to exercise the SAR from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares subject to the SAR. The exercise of a Corresponding SAR shall result in the termination of the related Option to the extent of the number of shares with respect to which the SAR is exercised.
Exercise. Subject to the provisions of this Plan and the applicable Agreement, an SAR Option may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee Administrator shall determine; provided, however, that a Corresponding SAR that is related to an incentive stock option may be exercised only to the extent that the related Option is exercisable and only when the Fair Market Value exceeds the option price of the related Option. An SAR Option granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the SAR Option could be exercised. A partial exercise of an SAR Option shall not affect the right to exercise the SAR Option from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares subject to the SAROption. The exercise of a Corresponding SAR an Option shall result in the termination of the related Option any Corresponding SAR to the extent of the number of shares with respect to which the SAR Option is exercised.
Exercise. Subject to the provisions of this Plan Articles VII and the applicable AgreementXII, an Option or SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with the applicable Agreement and such other requirements as the Committee shall determine; provided, however, that a Corresponding SAR that is related to an incentive stock option Incentive Stock Option may be exercised only to the extent that the related Option is exercisable and only when the Fair Market Value exceeds the option price Option Price of the related Option. An Option or SAR granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the Option or SAR could be exercised. A Such partial exercise of an Option or SAR shall not affect the right to exercise the Option or SAR from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares subject to the Option or SAR. The exercise of a Corresponding an Option or SAR shall result in the termination of the any related Option or SAR to the extent of the number of shares with respect to which the Option or SAR is exercised.
Exercise. Subject to the provisions of this Plan Articles VII and the applicable AgreementX, an Option or SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee shall determine; provided, however, that a Corresponding an SAR that is related to an incentive stock option may be exercised only to the extent that the related Option is exercisable and only when the Fair Market Value exceeds the option price of the related Option. An Option or SAR granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the Option or SAR could be exercised. A Such partial exercise of an Option or SAR shall not affect the right to exercise the Option or SAR from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares subject to the Option or related to the SAR. The exercise of a Corresponding either an Option or SAR shall result in the termination of the related Option other to the extent of the number of shares with respect to which the Option or SAR is exercised.
Appears in 1 contract Stock Option Plan (Tredegar Corp),
Exercise. Subject to the other provisions of this the Plan and the applicable Agreement, an a SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee Administrator shall determine; provided, however, that a Corresponding SAR that is related to an incentive stock option may be exercised only to the extent that the related Option is exercisable and only when the Fair Market Value exceeds the option price of the related Option. An A SAR granted under this the Plan may be exercised with respect to any number of whole shares less than the full number for which the SAR could be exercised. A partial exercise of an a SAR shall not affect the right to exercise the SAR from time to time in accordance with this the Plan and the applicable Agreement with respect to the remaining shares subject to the SAR. The exercise of a Corresponding SAR shall result in the termination of the related Option to the extent of the number of shares with respect to which the SAR is exercised.
Exercise. Subject to the provisions of this Plan and the applicable Agreement, an a SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee Administrator shall determine; provided, however, that a Corresponding SAR that is related to an incentive stock option may be exercised only to the extent that the related Option is exercisable and only when the Fair Market Value exceeds the option price of the related Option. An A SAR granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the COMPUTER SOFTWARE INNOVATIONS, INC. 2005 Incentive Compensation Plan SAR could be exercised. A partial exercise of an a SAR shall not affect the right to exercise the SAR from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares subject to the SAR. The exercise of a Corresponding SAR shall result in the termination of the related Option to the extent of the number of shares with respect to which the SAR is exercised.
Exercise. Subject to the provisions of this Plan and the applicable Agreement, an SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee Administrator shall determine; provided, however, that a Corresponding SAR that is related to an incentive stock share option may be exercised only to the extent that the related Option is exercisable and only when the Fair Market Value exceeds the option price of the related Option. An SAR granted under this Plan may be exercised with respect to any number of whole shares Shares less than the full number for which the SAR could be exercised. A partial exercise of an SAR shall not affect the right to exercise the SAR from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares Shares subject to the SAR. The exercise of a Corresponding SAR shall result in the termination of the related Option to the extent of the number of shares Shares with respect to which the SAR is exercised.
Exercise. Subject to the provisions of this Plan Plan, including the minimum vesting period rules set forth in Article III, and the applicable Agreement, an SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee Administrator shall determine; provided, however, that a Corresponding SAR that is related to an incentive stock option Incentive Stock Option may be exercised only to the extent that the related Option is exercisable and only when the Fair Market Value exceeds the option price of the related Option. An SAR granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the SAR could be exercised. A partial exercise of an SAR shall not affect the right to exercise the SAR from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares subject to the SAR. The exercise of a Corresponding SAR shall result in the termination of the related Option to the extent of the number of shares with respect to which the SAR is exercised.. No Corresponding SARs (under all incentive stock option plans of the Company and its Related Companies) that are related to Incentive Stock Options may first be exercisable in any calendar year for stock having an aggregate Fair Market Value (determined as of the date the related Option is granted) that exceeds the limit prescribed by Code Section 422(d).LUMBER LIQUIDATORS HOLDINGS, INC.2011 Equity Compensation Plan(As Amended & Restated March 24, 2016)
Exercise. Subject to the provisions of this Plan Articles VII and the applicable AgreementXII, an Option or SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with the applicable Agreement and such other requirements as the Committee shall determine; provided, however, that a Corresponding an SAR that is related to an incentive stock option Option may be exercised only to the extent that the related Option is exercisable and only when the Fair Market Value exceeds the option price Option Price of the related Option. An Option or SAR granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the Option or SAR could be exercised. A Such partial exercise of an Option or SAR shall not affect the right to exercise the Option or SAR from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares subject to the Option or related SAR. The exercise of a Corresponding SAR an Option shall result in the termination of the related Option SAR to the extent of the number of shares with respect to which the SAR Option is exercised.
Exercise. Subject to the provisions of this Plan and the applicable Agreement, an A SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee Administrator shall determine; provided, however, that a Corresponding SAR that is related to an incentive stock option may be exercised only to determine and as set forth in this Plan and the extent that the related Option is exercisable and only when the Fair Market Value exceeds the option price of the related Optionapplicable Agreement. An A SAR granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which of shares covered by the SAR could be exercisedSAR. A partial exercise of an a SAR shall not affect the right to exercise the SAR from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares subject to covered by the SAR. The exercise of a Corresponding A SAR shall result in the termination of the related Option may be exercised and paid only to the extent that the Fair Market Value of the number Common Stock that is the subject of shares with respect to which the SAR is exercisedexercise exceeds the Initial Value of the SAR.
Appears in 1 contract Stock Incentive Plan (Emc Corp),
Exercise. Subject to the provisions of this Plan Articles VII and the applicable AgreementVIII, an Option or SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee shall determine; provided, however, that a Corresponding SAR that is related to an incentive stock option may be exercised only to the extent that the related Option is exercisable and only when the Fair Market Value exceeds the option price of the related Option. An Option or SAR granted under this the Plan may be exercised with respect to any number of whole shares less than the full number of shares for which the Option or SAR could be exercised. A partial exercise of an Option or SAR shall not affect the right to exercise the Option or SAR from time to time in accordance with this the Plan and the applicable Agreement with respect to the remaining shares subject to the Option or related to the SAR. The exercise of a either an Option or Corresponding SAR shall result in the termination of the related Option other to the extent of the number of shares with respect to which the Option or Corresponding SAR is exercised.
Appears in 1 contract Stock Incentive Plan (Supervalu Inc),
Exercise. Subject to the provisions of this Plan and the applicable Agreement, an An SAR may be exercised in whole at any time or in part only if and to the extent that its Related Option is eligible to be exercised on the date of exercise of the SAR. To the extent that a holder of a SAR has a current right to exercise, the SAR may be exercised from time to time at such times and in compliance with such requirements as the Committee shall determine; provided, however, that a Corresponding SAR that is related to an incentive stock option may be exercised only by written notice to the extent that Company at its principal place of business. Such notice shall state the related Option election to exercise the SAR, the number of Shares in respect of which it is exercisable being exercised, shall be signed by the person so exercising the SAR and only when shall be accompanied by the Fair Market Value exceeds agreement evidencing the option price of SAR and the related Related Option. An SAR granted under this Plan may be exercised with respect to any number of whole shares less than In the full number for which event the SAR could be exercised. A partial exercise of an SAR shall not affect be exercised in full, the right Secretary of the Company shall endorse or cause to exercise be endorsed on the SAR from time to time in accordance with this Plan and the applicable Agreement with respect to Related Option the remaining shares subject to number of Shares which have been exercised thereunder and the SAR. The exercise number of a Corresponding Shares that remain exercisable under the SAR shall result in and the termination of the related Related Option, respectively, and return such SAR and Related Option to the extent of the number of shares with respect to which the SAR is exercisedholder thereof.
Exercise. Subject to the provisions of this Plan and the applicable Agreement, an SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee shall determine; provided, however, that a Corresponding no SAR that is related to an incentive stock option may be exercised only to become exercisable before the extent that first anniversary of its grant or the related Option is exercisable and only when the Fair Market Value exceeds the option price date of the related OptionParticipant’s termination of service or as provided in Section 15.01. An SAR granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the SAR could be exercised. A partial exercise of an SAR shall not affect the right to exercise the SAR from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares of Common Stock subject to the SAR. The exercise of a Corresponding SAR shall result in the termination of the related Option to the extent of the number of shares of Common Stock with respect to which the SAR is exercised.
Exercise. Subject to the provisions of this the Plan and the applicable Agreement, an SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee shall determine; provided, however, that a Corresponding SAR that is related to an incentive stock option may be exercised only to the extent that the related Option is exercisable and only when the Fair Market Value exceeds the option Option price of the related Option. An SAR granted under this the Plan may be exercised with respect to any number of whole shares less than the full number for which the SAR could be exercised. A partial exercise of an SAR shall not affect the right to exercise the SAR from time to time in accordance with this the Plan and the applicable Agreement with respect to the remaining shares of Common Stock subject to the SAR. The exercise of a Corresponding SAR shall result in the termination of the related Option to the extent of the number of shares of Common Stock with respect to which the SAR is exercised.
Exercise. Subject to the provisions of this Plan and the applicable Agreement, an SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee Administrator shall determine; provided, however, that a Corresponding SAR that is related to an incentive stock option may be exercised only to the extent that the related Option is exercisable and only when the Fair Market Value exceeds the option price of the related Option. An SAR granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the SAR could be exercised. A partial exercise of an SAR shall not affect the right to exercise the SAR from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares subject to the SAR. The exercise of a Corresponding SAR shall result in the termination of the related Option to the extent of the number of shares with respect to which the SAR is exercised.
Exercise. Subject to the provisions of this Plan and the applicable Agreement, an SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee Administrator shall determine; provided, however, that a Corresponding SAR may be exercised only to the extent that the related Option may be exercised and provided further that a Corresponding SAR that is related to an incentive stock option may be exercised only to the extent that the related Option is exercisable and only when the Fair Market Value exceeds the option price of the related Option. An SAR granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the SAR could be exercised. A partial exercise of an SAR shall not affect the right to exercise the SAR from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares subject to the SAR. The exercise of a Corresponding SAR shall result in the termination of the related Option to the extent of the number of shares with respect to which the Corresponding SAR is exercised.
Exercise. Subject to the provisions of this Plan and the applicable Agreement, an SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee Administrator shall determine; provided, however, that a Corresponding corresponding SAR that is related to an incentive stock option Incentive Stock Option may be exercised only to the extent that the related Option is exercisable and only when the Fair Market Value exceeds the option price of the related Option. An SAR granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the SAR could be exercised. A partial exercise of an SAR shall not affect the right to exercise the SAR from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares subject to the SAR. The exercise of a Corresponding SAR shall result in the termination of the related Option to the extent of the number of shares with respect to which the SAR is exercised.
Exercise. Subject to the provisions of this Plan and the applicable Agreement, an SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee shall determine; provided, however, that a Corresponding an SAR that is related to an incentive stock option may be exercised only to the extent that the related Option is exercisable and only when the Fair Market Value of the Common Stock that is subject to the exercise exceeds the option price Initial Value of the related OptionSAR. An SAR granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the SAR could be exercised. A partial exercise of an SAR shall not affect the right to exercise the SAR from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares subject to the SAR. The exercise of a Corresponding SAR shall result in the termination of the related Option to the extent of the number of shares with respect to which the SAR is exercised.
Exercise. Subject to the provisions of this Plan and the applicable Agreement, an SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee shall determine; provided, however, that a Corresponding SAR that is related to an incentive stock option may be exercised only to the extent that the related Option is exercisable and only when the Fair Market Value exceeds the option price of the related Option. An SAR granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the SAR could be exercised. A partial exercise of an SAR shall not affect the right to exercise the SAR from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares subject to the SAR. The exercise of a Corresponding SAR shall result in the termination of the related Option to the extent of the number of shares Common Shares with respect to which the SAR is exercised.
Exercise. Subject to the provisions of this Plan and the applicable Agreement, an SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee shall determine; provided, however, that a Corresponding an SAR that is related to an incentive stock option may be exercised (i) only to the extent that the related Option is exercisable and (ii) only when the Fair Market Value of the Common Stock that is subject to the exercise exceeds the option price Initial Value of the related OptionSAR. An SAR granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the SAR could be exercised. A partial exercise of an SAR shall not affect the right to exercise the SAR from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares subject to the SAR. The exercise of a Corresponding SAR shall result in the termination of the related Option to the extent of the number of shares with respect to which the SAR is exercised.
Exercise. Subject SARs shall be exercised by the delivery of a written notice of exercise to the provisions of this Plan and the applicable AgreementCorporation, an SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee shall determine; provided, however, that a Corresponding SAR that is related to an incentive stock option may be exercised only to the extent that the related Option is exercisable and only when the Fair Market Value exceeds the option price of the related Option. An SAR granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the SAR could be exercised. A partial exercise of an SAR shall not affect the right to exercise the SAR from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares subject to the SAR. The exercise of a Corresponding SAR shall result in the termination of the related Option to the extent of setting forth the number of shares Shares with respect to which the SAR is to be exercised. The date of exercise of the SAR shall be the date on which the Corporation shall have received notice from the Participant of the exercise of such SAR. SARs granted in tandem with the grant of an Option may be exercised for all or part of the Shares subject to the related Option upon the surrender of the right to exercise the equivalent portion of the related Option. SARs granted in tandem with the grant of an Option may be exercised only with respect to the Shares for which its related Option is then exercisable. With respect to SARs granted in tandem with an ISO, (A) such SAR will expire no later than the expiration of the underlying ISO, (B) the value of the payout with respect to such SAR may be for no more than 100% of the difference between the Option Price of the underlying ISO and the Fair Market Value of the Shares subject to the underlying ISO at the time such SAR is exercised, and (C) such SAR may be exercised only when the Fair Market Value of the Shares subject to the underlying ISO exceeds the Option Price of the ISO. SARs granted independently from the grant of an Option may be exercised upon the terms and conditions contained in the applicable Award Agreement. In the event the SAR shall be payable in Shares, a certificate for the Shares acquired upon exercise of an SAR shall be issued in the name of the Participant as soon as practicable following receipt of notice of exercise. No fractional Shares will be issuable upon exercise of the SAR and, unless provided in the applicable Award Agreement, the Participant will receive cash in lieu of fractional Shares.
Exercise. Subject to the provisions of this Plan and the applicable Agreementgranting agreement, an SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee shall determine; provided, provided however, that a Corresponding corresponding SAR that is related to an incentive stock option Incentive Stock Option may be exercised only to the extent that the related Stock Option is exercisable and only when the Fair Market Value exceeds the option price of the related Stock Option. An SAR granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the SAR could be exercised. A partial exercise of an SAR shall not affect the right to exercise the SAR from time to time in accordance with this Plan and the applicable Agreement granting agreement with respect to the remaining shares Shares subject to the SAR. The exercise of exerciseof a Corresponding corresponding SAR shall result in the termination of the related Stock Option to the extent of the number of shares Shares with respect to which the SAR is exercised.
Appears in 1 contract Incentive Plan (Netreit, Inc.),
Exercise. Subject to the provisions of this Plan and the applicable Agreementgranting agreement, an SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee shall determine; provided, provided however, that a Corresponding corresponding SAR that is related to an incentive stock option Incentive Stock Option may be exercised only to the extent that the related Stock Option is exercisable and only when the Fair Market Value exceeds the option price of the related Stock Option. An SAR granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the SAR could be exercised. A partial exercise of an SAR shall not affect the right to exercise the SAR from time to time in accordance with this Plan and the applicable Agreement granting agreement with respect to the remaining shares Shares subject to the SAR. The exercise of a Corresponding corresponding SAR shall result in the termination of the related Stock Option to the extent of the number of shares Shares with respect to which the SAR is exercised.
Appears in 1 contract Incentive Plan (Netreit),
Exercise. Subject to the provisions of this Plan Articles VII and the applicable AgreementXI, an Option or SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee Administrator shall determine; provided, however, that a Corresponding SAR that is related to an incentive stock option may be exercised only to the extent that the related Option is exercisable and only when the Fair Market Value exceeds the option price of the related Option. An Option or SAR granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the Option or SAR could be exercised. A partial exercise of an Option or SAR shall not affect the right to exercise the Option or SAR from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares subject to the Option or related to the SAR. The exercise of a either an Option or Corresponding SAR shall result in the termination of the related Option other to the extent of the number of shares with respect to which the Option or Corresponding SAR is exercised.
Appears in 1 contract Stock Incentive Plan (Tredegar Corp),
Exercise. Subject to the provisions of this Plan and the applicable Agreement, an SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee Administrator shall determine; provided, however, that a Corresponding SAR that is related to an incentive stock option Incentive Stock Option may be exercised only to the extent that the related Option is exercisable and only when the Fair Market Value exceeds the option Highlands Bankshares, Inc.2006 Equity Compensation Planoption price of the related Option. An SAR granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the SAR could be exercised. A partial exercise of an SAR shall not affect the right to exercise the SAR from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares subject to the SAR. The exercise of a Corresponding SAR shall result in the termination of the related Option to the extent of the number of shares with respect to which the SAR is exercised.
Exercise. Subject to the provisions of this Plan and the applicable Agreement, an SAR may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Committee shall determine; provided, however, that no SAR (other than an SAR granted to a Nonemployee Director) may become exercisable before the first anniversary of its grant or the date of the Participant’s death, disability or involuntary termination or as provided in Section 15.01. In addition, a Corresponding SAR that is related to an incentive stock option may be exercised only to the extent that the related Option is exercisable and only when the Fair Market Value exceeds the option price of the related Option. An SAR granted under this Plan may be exercised with respect to any number of whole shares less than the full number for which the SAR could be exercised. A partial exercise of an SAR shall not affect the right to exercise the SAR from time to time in accordance with this Plan and the applicable Agreement with respect to the remaining shares of Common Stock subject to the SAR. The exercise of a Corresponding SAR shall result in the termination of the related Option to the extent of the number of shares of Common Stock with respect to which the SAR is exercised.