Affiliated SAR definition

Affiliated SAR means an SAR that is granted in connection with a related Option, and which automatically will be deemed to be exercised at the same time that the related Option is exercised.
Affiliated SAR means a SAR that is granted in connection with a related Option, and which will be deemed to automatically be exercised simultaneous with the exercise of the related Option.
Affiliated SAR means an SAR that is granted in connection with a related Option and is deemed to be exercised at the same time as the related Option is exercised.

Examples of Affiliated SAR in a sentence

  • An Affiliated SAR shall be deemed to be exercised upon the exercise of the related Option.

  • The deemed exercise of an Affiliated SAR shall not necessitate a reduction in the number of Shares subject to the related Option.

  • The deemed exercise of an Affiliated SAR will not necessitate a reduction in the number of Shares subject to the related Option.

  • An Affiliated SAR will be deemed to be exercised upon the exercise of the related Option.


More Definitions of Affiliated SAR

Affiliated SAR means a SAR that is granted in connection with a related Option, and which automatically will be deemed to be exercised at the same time that the related Option is exercised. The deemed exercise of an Affiliated SAR shall not necessitate a reduction in the number of Shares subject to the related Option, except to the extent of the exercise of the related Option.
Affiliated SAR means a SAR which is granted in connection with, and is related to, an Option, and which automatically will be deemed to be exercised at the same time that such related Option is exercised.
Affiliated SAR means an SAR that is granted in connection with a related Option, and which automatically will be deemed to be exercised at
Affiliated SAR means an SAR that is granted in connection with
Affiliated SAR means a SAR granted in connection with an Option such that the exercise of the Option does not cancel the SAR, but rather results in the exercise of the SAR.
Affiliated SAR means a SAR that is granted in connection with a related Option, and which automatically will be deemed to be exercised at the same time that the related Option is exercised. The deemed exercise of an Affiliated SAR shall not necessitate a reduction in the number of Shares subject

Related to Affiliated SAR

  • Freestanding SAR means an SAR that is granted independently of any Options, as described in Article 7 herein.

  • Nonqualified Option means any Option that is not an Incentive Stock Option.

  • Tandem SAR means an SAR that is granted in connection with a related Option pursuant to Article 7 herein, the exercise of which shall require forfeiture of the right to purchase a Share under the related Option (and when a Share is purchased under the Option, the Tandem SAR shall similarly be canceled).