Common use of Settlement of SAR Clause in Contracts

Settlement of SAR. Upon exercise of all or a specified portion of the SAR, the Grantee shall be entitled to receive from the Company shares of Common Stock with an aggregate Fair Market Value on the date of exercise of the SAR equal to the amount determined by multiplying:

Appears in 2 contracts

Samples: Analex Corporation Option Exchange and Stock Appreciation Right Agreement (Analex Corp), Analex Corporation Option Exchange and Stock Appreciation Right Agreement (Analex Corp)

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Settlement of SAR. Upon exercise of all or a specified portion of the SAR, the Grantee Participant (or such other person entitled to exercise the SAR pursuant to this Agreement and the Plan) shall be entitled to receive from the Company shares a payment in cash, Stock or a combination of Common Stock with an aggregate Fair Market Value on the date of exercise of the SAR both equal to the amount (the “Settlement Amount”) determined by multiplying:

Appears in 2 contracts

Samples: Stock Appreciation Right Award Agreement (Silvergate Capital Corp), Stock Appreciation Right Award Agreement (Capital Bancorp Inc)

Settlement of SAR. Upon exercise of all or a specified portion of the vested SAR, the Grantee (or such other person entitled to exercise the vested SAR pursuant to this Agreement and the Plan) shall be entitled to receive from the Company shares of Common Stock Shares with an aggregate Fair Market Value on the date of exercise of the vested SAR equal to the amount determined by multiplying:

Appears in 2 contracts

Samples: Stock Appreciation Right Award Agreement, Stock Appreciation Right Award Agreement (Jabil Circuit Inc)

Settlement of SAR. Upon exercise of all or a specified portion of the SAR, the Grantee shall be entitled to receive from the Company shares of Common Stock with an aggregate Fair Market Value fair market value on the date of exercise of the SAR equal to the amount determined by multiplying:

Appears in 1 contract

Samples: Option Exchange and Stock Appreciation Right Agreement (Analex Corp)

Settlement of SAR. Upon exercise of all or a specified portion of the SAR, the Grantee (or such other person entitled to exercise the SAR pursuant to this Agreement and the Plan) shall be entitled to receive from the Company shares of Common Stock with an aggregate Fair Market Value on the date of exercise of the SAR equal to the amount determined by multiplying:

Appears in 1 contract

Samples: Stock Appreciation Right Award Agreement (Jabil Circuit Inc)

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Settlement of SAR. Upon exercise of all or a specified portion of the SAR, the Grantee (or such other person entitled to exercise the SAR pursuant to this Agreement and the Plan) shall be entitled to receive from the Company shares Company, cash in an amount equal to the amount determined by multiplying: 100% percent of Common Stock with an aggregate the amount (if any) by which the Fair Market Value on the date of exercise of the SAR equal exceeds the Exercise Price, by The number of shares of Common Stock with respect to which the amount determined by multiplying:SAR shall have been exercised.

Appears in 1 contract

Samples: Stock Appreciation Right Award Agreement (Adaptec Inc)

Settlement of SAR. Upon exercise of all or a specified portion of the SAR, the Grantee (or such other person entitled to exercise the SAR pursuant to this Agreement and the Plan) shall be entitled to receive from the Company shares Company, in the discretion of the Company’s Compensation, Corporate Governance and Nominating Committee, cash or Common Stock with an aggregate Fair Market Value Shares valued at the fair market value on the date of exercise exercise, or a combination of the SAR equal to two (the “Exercise Payout”), in an amount determined by multiplying:

Appears in 1 contract

Samples: Stock Appreciation Rights Agreement (Newtek Business Services Inc)

Settlement of SAR. Upon exercise of all or a specified portion of the SAR, the Grantee (or such other person entitled to exercise the SAR pursuant to this Agreement and the Plan) shall be entitled to receive from the Company shares of Common Stock with Company, cash in an aggregate Fair Market Value on the date of exercise of the SAR amount equal to the amount determined by multiplying:

Appears in 1 contract

Samples: Stock Appreciation Right Award Agreement

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