Appreciation Distribution definition

Appreciation Distribution means the amount payable pursuant to subsection 17.3 on any exercised Tandem Stock Appreciation Right.
Sample 1

Examples of Appreciation Distribution in a sentence

  • Subject to Section 3(b) regarding Ten Percent Stockholders, the exercise or strike price of each SAR will not be less than 100% of the Fair Market Value on the date of grant of such Award.(c) Exercise Procedure and Payment of Appreciation Distribution for SARs. In order to exercise any SAR, the Participant must provide notice of exercise to the Plan Administrator in accordance with the SAR Agreement.

  • The Appreciation Distribution may, in the Committee's discretion, be made in cash, in shares of Special Common Stock or in a combination of cash and Special Common Stock.

  • The Appreciation Distribution payable on the exercised Concurrent Right shall be equal to the excess of (i) the aggregate Closing Selling Price (on the Exercise Date) of the vested shares of Special Common Stock purchased under the underlying option which have Concurrent Rights appurtenant to them over (ii) the aggregate option price paid for such shares.

  • The Appreciation Distribution shall be made entirely in cash, and the shares of Special Common Stock subject to each surrendered option shall not be available for subsequent issuance under this Plan.

  • The Appreciation Distribution payable on the exercised Tandem Right shall be in an amount equal to the excess of (i) the Closing Selling Price (on the date of the option surrender) of the number of shares of Special Common Stock in which the Optionee is vested under the surrendered option over (ii) the aggregate option price payable for such vested shares.

  • The Appreciation Distribution may, in the Committee's discretion, be paid in cash, in shares of Special Common Stock or in a combination of cash and Special Common Stock.

  • For purposes of such Appreciation Distribution, the Change in Control Price per share of the vested Special Common Stock subject to the surrendered option shall be deemed to be equal to the greater of (a) the Closing Selling Price per share on the date of surrender or (b) the highest reported price per share paid in effecting the Change in Control.

  • The Appreciation Distribution may, in the Committee's discretion, be paid in cash, in shares of Common Stock or in a combination of cash and Common Stock.

  • The Appreciation Distribution may, in the Committee's discretion, be made in cash, in shares of Common Stock or in a combination of cash and Common Stock.

  • The Appreciation Distribution payable on the exercised Tandem Right shall be in an amount equal to the excess of (I) the Closing Selling Price (on the date of the option surrender) of the number of shares of Common Stock in which the Optionee is vested under the surrendered option over (II) the aggregate option price payable for such vested shares.

Related to Appreciation Distribution

  • Appreciation Right means a right granted pursuant to Section 5 of this Plan, and shall include both Tandem Appreciation Rights and Free-Standing Appreciation Rights.

  • Appreciation Award means any Award under this Plan of any Stock Option, Stock Appreciation Right or Other Stock-Based Award, provided that such Other Stock-Based Award is based on the appreciation in value of a share of Common Stock in excess of an amount equal to at least the Fair Market Value of the Common Stock on the date such Other Stock-Based Award is granted.

  • Liquidation Distribution has the meaning specified in Section 9.4(d).

  • Performance Award means any right granted under Section 6(d) of the Plan.

  • Dividend Equivalent means any right granted under Section 6(e) of the Plan.

  • Phantom Stock means a right granted to an Eligible Individual under Section 12 representing a number of hypothetical Shares.

  • Performance Award Agreement means a written agreement between the Company and a Holder with respect to a Performance Award.

  • Tandem Appreciation Right means an Appreciation Right granted pursuant to Section 5 of this Plan that is granted in tandem with an Option Right.

  • SAR means a stock appreciation right granted under the Plan.

  • Phantom Shares means an Award of the right to receive Shares issued at the end of a Restricted Period which is granted pursuant to Section 6(e) of the Plan.

  • Dividend Equivalent Unit means the right to receive a payment, in cash or Shares, equal to the cash dividends or other cash distributions paid with respect to a Share.

  • Phantom Stock Award Agreement means a written agreement between the Company and a Holder with respect to a Phantom Stock Award.

  • Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.

  • Phantom Share means a right, pursuant to the Plan, of the Grantee to payment of the Phantom Share Value.

  • Stock-Based Award means any Award, denominated in Shares, made pursuant to this Plan, including Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Deferred Stock Units, Performance Awards or Other Stock-Based Awards.

  • Dividend Equivalent Right means an Award entitling the grantee to receive credits based on cash dividends that would have been paid on the shares of Stock specified in the Dividend Equivalent Right (or other award to which it relates) if such shares had been issued to and held by the grantee.

  • Dividend Equivalents means a right granted to a Participant under the Plan to receive the equivalent value (in cash or Shares) of dividends paid on Shares.

  • Performance Awards means Performance Units, Performance Shares or either or both of them.

  • Free-Standing Appreciation Right means an Appreciation Right granted pursuant to Section 5 of this Plan that is not granted in tandem with an Option Right.

  • Share Appreciation Right means the right pursuant to an Award granted under Section 8 below to receive an amount equal to the excess, if any, of (i) the aggregate Fair Market Value, as of the date such Award or portion thereof is surrendered, of the Shares covered by such Award or such portion thereof, over (ii) the aggregate Exercise Price of such Award or such portion thereof.

  • Dividend Equivalent Rights means certain rights to receive cash payments as described in Section 3.5.

  • Stock Bonus Award means an award of shares of Common Stock which is granted pursuant to the terms and conditions of Section 7(b).

  • SARS means the South African Revenue Service.

  • Phantom Unit means a notional Unit granted under the Plan which upon vesting entitles the Participant to receive, at the time of settlement, a Unit or an amount of cash equal to the Fair Market Value of a Unit, as determined by the Committee in its sole discretion.

  • Stock Unit means a bookkeeping entry representing the equivalent of one Common Share, as awarded under the Plan.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.