Grant of SAR. The Company hereby grants to the Employee under the Company’s 1997 Stock Plan a Stock Appreciation Right (“SAR”) pertaining to all or any part of an aggregate of the number of shares set forth in the Summary of Grant, which SAR entitles the Employee to exercise the SAR in exchange for Shares in the amount determined under paragraph 6 below.
Appears in 3 contracts
Samples: Stock Appreciation Right Agreement (Echelon Corp), Stock Appreciation Right Agreement (Echelon Corp), Stock Appreciation Right Agreement (Echelon Corp)
Grant of SAR. The Company hereby grants to the Employee under the Company’s 1997 Stock Plan a Stock Appreciation Right (“SAR”) SAR pertaining to all or any part of an aggregate of the number of shares set forth in the Summary of Grant, which SAR entitles the Employee to exercise the SAR in exchange for Shares in the amount determined under paragraph 6 below.
Appears in 2 contracts
Samples: Stock Appreciation Right Agreement (Echelon Corp), Stock Appreciation Right Agreement (Echelon Corp)
Grant of SAR. The Company hereby grants to the Employee under the Company’s 1997 Stock Plan a Stock Appreciation Right (“SAR”) pertaining to all or any part of an aggregate of the number of 250,000 shares as set forth in the Summary of Grant, which SAR entitles the Employee to exercise the SAR in exchange for Shares in the amount determined under paragraph 6 below.
Appears in 1 contract
Samples: Employment Agreement (Echelon Corp)
Grant of SAR. The Company hereby grants to the Employee under the Company’s 1997 Stock Plan a Stock Appreciation Right (“SAR”) SAR pertaining to all or any part of an aggregate of the number of shares Shares set forth in the Summary of Grant, which SAR SAR, subject to the terms of this Agreement, entitles the Employee to exercise the SAR in exchange for Shares in the amount determined under paragraph 6 below.
Appears in 1 contract
