Vesting; Limits on Exercise. Subject to Section 5, the Award shall vest in percentage installments of the aggregate number of SARs subject to the Award as set forth on the cover page of this Award Agreement. The SARs are payable only to the extent the SARs are vested.
Appears in 1 contract
Sources: Stock Appreciation Rights Award Agreement (Nationwide Health Properties Inc)
Vesting; Limits on Exercise. Subject to Section 5, the Award shall vest in percentage installments of the aggregate number of SARs subject to the Award as set forth on the cover page of this Award Agreement. The SARs are payable only to the extent the SARs are vested. Fractional SARs shall be disregarded, but may be accumulated.
Appears in 1 contract
Sources: Stock Appreciation Rights Award Agreement (Nationwide Health Properties Inc)