Existing SARs definition

Existing SARs means outstanding stock appreciation rights issued pursuant to the Debtor’s 2010 Omnibus Incentive Plan.
Existing SARs means outstanding stock appreciation rights issued
Existing SARs means outstanding stock appreciation rights issued pursuant to the Debtor’s 2010 OmnibusIncentive Plan.

Examples of Existing SARs in a sentence

  • Rowan and Ensco shall each take, or procure the taking of, all action necessary, as applicable, to provide for the treatment of the Existing RSU Awards, Existing DU Awards, Existing PU Awards, Existing Options, and Existing SARs (collectively, the “ Rowan Equity Awards ”) as set forth in the foregoing provisions of this Section 2.3 .

  • Notwithstanding the foregoing, the Existing RSU Awards, Existing PU Awards, Existing Options and Existing SARs held by individuals who have entered into the Change in Control Agreements listed on Section 5.23 of the Rowan Disclosure Schedule shall be treated in accordance with the terms set forth in such Change in Control Agreements, as amended.

  • My Existing SARs will remain outstanding as described in the Offer to Exchange.

  • As David Harrison states, language is not simply a communication tool, but it contains the culture and knowledge transmitted by the ancient ancestors.65 Therefore, the significance of language drives me to explore the frequency of native language usage at the schools, and particularly to learn if they have any about policies in regards speaking their mother tongue.

  • The Grantor Trust also will hold the New PPN Warrants and the New PPN SARs with respect to the New Unvested Warrants and the New SARs that will be distributed by the Debtor to the holders of the Existing Warrants and Existing SARs. There will be no practical or economic difference to the holders in holding the Grantor Trust Certificates instead of the New PPNs directly, and this structure will permit Lamington to remain in compliance with Irish securities laws.

  • Ongoingreportingofsuccessfulsustainability initiatives on the City’s website is recommended.

  • Scale up control of communicable and non-communicable diseases prevention and control programs, while recognizing unprecedented challenge caused by HIV/AIDS, Tuberculosis, Sleeping Sickness, and Malaria.

  • I hereby: o ACCEPT the Offer with respect to all of my Existing SARs. I further agree to be bound by the terms and conditions set forth in the Offer to Exchange, the release and the other terms and conditions set forth in Section C of this Election Form.

  • In other words, you will receive one RSU for every two SARs. · Other terms and conditions of replacement RSUs. The replacement RSUs will be subject to the same vesting schedule as the Existing SARs. You will receive credit for any vesting to date under your Existing SARs. The replacement RSUs will be granted pursuant to the Equity Plan and, accordingly, will be governed by the terms and conditions of the Equity Plan.

  • I hereby represent and confirm to Yandex that: · I have full power and authority to sign and deliver this Election Form and to tender any Existing SARs pursuant to the terms of the Offer to Exchange; · I have received and read, and I understand, the Offer to Exchange and the documents referenced in the Offer to Exchange, including this Election Form.

Related to Existing SARs

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

  • SARS means the South African Revenue Service.

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.

  • Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".

  • Other Share-Based Awards means Awards consisting of Share units, or other Awards, valued in whole or in part by reference to, or otherwise based on, Shares.

  • Free-Standing SAR means an SAR which is not granted in tandem with, or by reference to, an option, which entitles the holder thereof to receive, upon exercise, shares of Common Stock (which may be Restricted Stock) or, to the extent set forth in the applicable Agreement, cash or a combination thereof, with an aggregate value equal to the excess of the Fair Market Value of one share of Common Stock on the date of exercise over the base price of such SAR, multiplied by the number of such SARs which are exercised.

  • Incentive Option means an option which satisfies the requirements of Code Section 422.

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

  • Tandem Stock Appreciation Right means the right to surrender to the Company all (or a portion) of a Stock Option in exchange for an amount in cash and/or stock equal to the difference between (i) the Fair Market Value on the date such Stock Option (or such portion thereof) is surrendered, of the Common Stock covered by such Stock Option (or such portion thereof), and (ii) the aggregate exercise price of such Stock Option (or such portion thereof).

  • Other Share-Based Award means a right, granted under Section 5(h), that relates to or is valued by reference to Shares.

  • Non-Tandem Stock Appreciation Right means the right to receive an amount in cash and/or stock equal to the difference between (x) the Fair Market Value of a share of Common Stock on the date such right is exercised, and (y) the aggregate exercise price of such right, otherwise than on surrender of a Stock Option.

  • Stock Appreciation Right or “SAR” means a right to receive the appreciation on Common Stock that is granted pursuant to the terms and conditions of Section 5.

  • Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.

  • Incentive Stock Options means Option Rights that are intended to qualify as “incentive stock options” under Section 422 of the Code or any successor provision.

  • 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.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

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

  • Stock Appreciation Rights or “SAR” means a right granted to a Participant under Section 6(c).

  • INDEPENDENT STOCK APPRECIATION RIGHT or "INDEPENDENT RIGHT" means a right granted pursuant to subsection 8(b)(3) of the Plan.

  • Stock Appreciation Right Agreement means a written agreement between the Company and a holder of a Stock Appreciation Right evidencing the terms and conditions of a Stock Appreciation Right grant. Each Stock Appreciation Right Agreement will be subject to the terms and conditions of the Plan.

  • Stock Appreciation Right” or “SAR means a stock appreciation right awarded under the Plan as provided in Section 8.

  • 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.

  • 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.

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

  • NSO means a stock option not described in sections 422 or 423 of the Code.

  • Stock Appreciation Rights Agreement means a written agreement between the Company and a Holder with respect to an Award of Stock Appreciation Rights.