Appreciation Value definition

Appreciation Value means the excess, if any, of the Value of a Phantom Share on the applicable Valuation Date or date of termination of employment or of the Participant's death, Retirement or Permanent Disability (as described in Section 5.5(a) hereof), as the case may be, over the Initial Value of such Phantom Share.

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Appreciation Value means the increase in the value of a Phantom Share awarded to a Participant and as described in Section 8.1 of the Plan.

Appreciation Value means the appreciation in the Fair Market Value of a Share for purposes of determining payments to be made to a Grantee, and shall be measured by determining the amount equal to the Fair Market Value of a Share on the exercise date minus the exercise price of the SAR being exercised.

Examples of Appreciation Value in a sentence

• Capital Appreciation Value Trust Capital Appreciation Value Fund (JHF II) See below Core Bond Trust Core Bond Fund (JHF II) 0.690% — first $200 million; 0.640% — next $200 million; and 0.570% — excess over $400 million.

• Capital Appreciation Value Trust Capital Appreciation Value Fund (JHF II) See below Core Bond Trust Core Bond Fund (JHF II) 0.690% — first $200 million; 0.640% — next $200 million; 0.570% — next $600 million; 0.560% — next $1 billion; and 0.550% — excess over $2 billion.

• In the event of a Change in Control, the Committee may, in its discretion and upon at least ten (10) days’ advance notice to the Participant, cancel the SARs and pay to the Participant the Appreciation Value of the SARs based upon the price per share of Common Stock received or to be received by other shareholders of the Company in the event.

• Prior to the payment of the Appreciation Value in connection with the exercise of the SARs, the Participant must make arrangements satisfactory to the Company to pay or provide for any applicable federal, state and local withholding obligations of the Company.

• Upon the exercise of all or a portion of the SARs, the Participant shall be entitled to a cash payment equal to the Appreciation Value of the SARs being exercised, less any amounts withheld pursuant to Section 5.

More Definitions of Appreciation Value

Appreciation Value means the appreciation in the Fair Market Value of one share of Stock which shall be measured by determining the amount equal to the Fair Market Value of one share of Stock on the exercise date minus the per share exercise price of the SAR being exercised.

Appreciation Value means the accrual value of an (i.e., one) Exercised Right, as determined in accordance with Section 5.2 of the Plan.

Appreciation Value means, in respect of each SAR, an amount equal to the closing price per Share, in respect of a Non-Canadian Participant, unless otherwise specified in a Grant Agreement, on the New York Stock Exchange and, in respect of a Canadian Participant, unless otherwise specified in a Grant Agreement, on the Toronto Stock Exchange, on the immediately preceding Trading Day the SAR is exercised, less the Base Value of the SAR; provided that if, in respect of a Non-Canadian Participant, the Shares are not listed and posted for trading on the New York Stock Exchange on the immediately preceding Trading Day the SAR is exercised, or, in respect of a Canadian Participant, are not listed and posted for trading on the Toronto Stock Exchange on the immediately preceding Trading Day the SAR is exercised, then “Appreciation Value” shall be the fair market value per Share as determined by the Board in its sole discretion, less the Base Value of the SAR;

Appreciation Value means, in respect of each Phantom Stock Unit, an amount equal to the Fair Market Value of a Share on the Vesting Date less the Base Value (as determined pursuant to Section 1(c)) of the Phantom Stock Unit;

Appreciation Value means the excess, if any, of the Value of a Phantom Share on the applicable Valuation Date or date of termination of

Appreciation Value means the excess, it any, of the Value of a Phantom Share on the applicable Early Valuation Date, Valuation Date or termination date (in the event of a termination of employment as described in Section 7(b) hereof), as the case maybe over the Initial Value of such Phantom Share.

Appreciation Value means the difference, if any, between the Fair Market Value of one share of Stock at the date of exercise over the Fair Market Value of one share of Stock on the Grant Date (or such higher amount determined by the Board and specified in the Award Agreement).