CSAR definition
Examples of CSAR in a sentence
Any Converted CSAR under this Award that is an Expiring CSAR, a Death/Disability Accelerated CSAR or an Early Retirement Accelerated CSAR will be deemed exercised and will be automatically settled as of the Expiration Date (without regard to the Settlement Limit under Section 4.1 of the Plan).
The Contractor shall maintain a Configuration Status Accounting Record (CSAR) and shall submit Configuration Status Accounting (CSA) information in accordance with SOW 3.
Except as expressly stated in this Agreement or the Plan document, as amended, the terms of a CSAR as in effect immediately before the Conversion Date (including, but not limited to, the vesting provisions and Base Price thereof) shall remain in effect with respect to such Award after the Conversion Date.
Subject to the limitations set forth in this Agreement and the Plan, any vested Converted CSAR under this Award may be voluntarily exercised at any time after the Conversion Date and on or before the applicable Expiration Date (without regard to the Exercise Limit) by executing and delivering to the Company, a written or electronic notice of exercise and any other documents as the Committee may reasonably request.
Any Converted CSAR with respect to which the Expiration Date has occurred and is subject to automatic exercise, or for which the vesting and exercisability thereof is accelerated due to death, Disability or Early Retirement will be deemed exercised and will be automatically settled as of the Expiration Date (without regard to the Exercise Limit).
Except as expressly stated in this Amendment or the 2020 Plan, the terms of a CSAR as in effect immediately before the Conversion Date (including, but not limited to, the vesting provisions and Base Price thereof) shall remain in effect with respect to such Award after the Conversion Date.
Subject to the limitations set forth in this Agreement and the Plan, any vested Converted CSAR under this Award may be voluntarily exercised at any time after the Conversion Date and on or before the applicable Expiration Date (without regard to the Settlement Limit under Section 4.1 of the Plan) by executing and delivering to the Company, a written or electronic notice of exercise and any other documents as the Committee may reasonably request.
Upon exercise of any vested CSAR, the Employer shall pay to the Employee an amount in cash equal to the excess of the Fair Market Value of one share of Common Stock as of the Exercise Date over the Base Price per share set forth on the Employee’s electronic grant statement, multiplied by the number of CSARs under this Award that the Employee is exercising.
For that reason, in order to define a different Network Service, you may find of help the Open Baton documentation and tutorial on CSAR definition [9], however more details will be provided in the section 3.2.1.
The foregoing license shall include rights in and to any versions of Nastran and any other computer software acquired by MSC as a result of the Acquisition of CSAR.