Common use of SAR Agreement Clause in Contracts

SAR Agreement. Each SAR grant shall be evidenced by an Award Agreement that shall specify the ▇▇▇▇▇ ▇▇▇▇▇, the duration of the SAR and such other provisions as the Committee shall determine. Each tandem SAR shall specify the Option to which it is related and the terms and conditions under which exercise or expiration of the related Option will result in automatic expiration of the related SAR and the terms and conditions on which exercise or expiration of the SAR will result in automatic expiration of the related Option.

Appears in 2 contracts

Sources: Omnibus Incentive Plan (Addus HomeCare Corp), 2017 Omnibus Incentive Plan (Addus HomeCare Corp)