Grant Price means the price established at the time of grant of a SAR pursuant to Article 7, used to determine whether there is any payment due upon exercise of the SAR.
Grant Price means the price at which a Participant may exercise his or her right to receive cash or Common Stock, as applicable, under the terms of an Award.
Examples of Grant Price in a sentence
The Grant Price for each grant of an SAR shall be determined by the Committee and shall be specified in the Award Agreement evidencing the SAR; provided, however, the Grant Price must be at least equal to 100% of the Fair Market Value of a Share as of the Grant Date, subject to adjustment as provided for under Section 3.3.
The excess of the Fair Market Value of a Share on the date of exercise over the Grant Price.
More Definitions of Grant Price
Grant Price means the price established as of the Grant Date of an SAR pursuant to Section 7 used to determine whether there is any payment due upon exercise of the SAR.
Grant Price means the Fair Market Value of a Share on the Grant Date for such option.
Grant Price means the Fair Market Value for one share of Stock as of the date of the grant of an Award. Grant price is not adjusted for any restrictions applicable to the Award.
Grant Price means the per share exercise price of a Stock Appreciation Right granted to a Participant under Section 7.
Grant Price means the price per share of Common Stock at which an Appreciation Right not granted in tandem with an Option Right is granted.
Grant Price means the per Share price established at the time of grant of a SAR pursuant to Article 7.