Free-Standing SAR definition

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.
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Free-Standing SAR means a Stock Appreciation Right granted pursuant to Section 7 that is not granted in tandem with a Stock Option.
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Free-Standing SAR means a SAR that is not issued in tandem with, or by reference to, an option and that entitles the holder thereof to receive, upon exercise, shares of Common Stock (that may be Restricted Stock), 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 that are exercised.
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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.


More Definitions of Free-Standing SAR

Free-Standing SAR means an SAR granted pursuant to the provisions of Section 8(d) of the Plan.
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Free-Standing SAR means a Stock Appreciation Right granted under Section 10.1 and that is not a Tandem SAR;
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Free-Standing SAR means a SAR that is granted independent of an Option, as described in Section 9 hereof.
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Free-Standing SAR means an SAR which is not issued 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), cash or a combination thereof with an aggregate value equal to the excess of the Fair
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Free-Standing SAR means an SAR that is not granted in tandem with, or by reference to, an option, which entitles the holder thereof to receive, upon exercise, Common Shares (which may be Restricted Shares) 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 Common Share on the date of exercise over the base price of such SAR, multiplied by the number of such SARs that are exercised.
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Free-Standing SAR means an SAR that IS granted independently of any Options, as described in Article 7.
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Free-Standing SAR means a Stock Appreciation Right granted pursuant to Section 6 of this Plan that is not granted in tandem with an Stock Option.
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