Company SAR means any stock appreciation right linked to the price of Company Common Stock and granted under any Company Stock Plan.
Number of Options The number of Base Convertible Securities in denominations of USD1,000 principal amount issued by Counterparty on the closing date for the initial issuance of the Convertible Securities. For the avoidance of doubt, the Number of Options outstanding shall be reduced by each exercise of Options hereunder. Applicable Percentage: 20% Option Entitlement: The product of the Applicable Percentage and 10.7198
Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.
Number of Option Shares means ___________________ shares of Stock, as adjusted from time to time pursuant to Section 9.
SAR means a stock appreciation right granted under the Plan.