Examples of Free-Standing SAR in a sentence
A Free-Standing SAR may be exercised (A) by giving written notice to the Company specifying the whole number of SARs which are being exercised and (B) by executing such documents as the Company may reasonably request.
The Agreement relating to an SAR shall specify whether the SAR is a Tandem SAR or a Free-Standing SAR.
If the Committee provides that any Option or Free-Standing SAR will become exercisable only in installments, the Committee may at any time waive such installment exercise provisions, in whole or in part, based on such factors as the Committee may determine.
In addition, the Committee may at any time accelerate the exercisability of any Option or Free-Standing SAR.
Serba Dinamik International entered into a separate lock-in agreement as, for the purposes of the Malaysian Renewable Energy Rules, it is a foreign entity as it is established in Labuan, an offshore free trade zone, and therefore is not a Malaysian person.