Limited SAR definition

Limited SAR means a right granted to a Participant under Section 6(c) hereof.

Limited SAR means a right granted pursuant to Section 6(c) which shall, in general, be automatically exercised for cash upon a Change in Control.

Limited SAR means an SAR exercisable only for cash upon a Change of Control or other event, as specified by the Committee.

Examples of Limited SAR in a sentence

• A SAR shall confer on the Participant to whom it is granted a right to receive, upon exercise thereof, the excess of (A) the Fair Market Value of one share of stock on the date of exercise (or, in the case of a "Limited SAR" that may be exercised only in the event of a Change in Control, the Fair Market Value determined by reference to the Change in Control Price, as defined under Section 9(c) hereof), over (B) the grant price of the SAR as determined by the Committee or the Board.

• An SAR or Limited SAR granted in tandem with an Option shall be exercisable only to the extent the underlying Option is exercisable.

• Unless the Committee determines otherwise, an SAR or a Limited SAR (1) granted in tandem with an NQSO may be granted at the time of grant of the related NQSO or at any time thereafter or (2) granted in tandem with an ISO may only be granted at the time of grant of the related ISO.

• A Limited SAR granted in connection with a Nonqualified Option may be granted either when the related Nonqualified Option is granted or at any time thereafter including, in the case of any Nonqualified Option resulting from the conversion of an Incentive Stock Option, simultaneously with or after the conversion.

• A Limited SAR granted in connection with an Incentive Stock Option may be granted only when the Incentive Stock Option is granted.

More Definitions of Limited SAR

Limited SAR means a limited stock appreciation right as defined in Section 18 hereof.

Limited SAR means a right granted to a Participant under Section 6(c) thereof.

Limited SAR means a stock appreciation right subject to the terms of Section 10.

Limited SAR means a Stock Appreciation Right granted pursuant to Section 3.4.

Limited SAR means a SAR exercisable only for cash upon a change in control or other event, as specified by the Committee.

Limited SAR means an SAR exercisable only for cash upon a an event specified by the Committee.

Limited SAR means a right granted to a Participant under Section 6(c) hereof that may only be exercised or settled in connection with a Change in Control or other event as specified by the Committee may be granted on such terms, not inconsistent with Section 6(c), as the Committee may determine.