LSAR definition

LSAR means a limited stock appreciation right which is granted pursuant to the provisions of Section 7 hereof and which relates to an Option. Each LSAR shall be exercisable only upon the occurrence of a Change in Control and only in the alternative to the exercise of its related Option.
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LSAR means a limited stock appreciation right.
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LSAR means Employee's right to receive a cash payment in respect of the mandatory cancellation of an option equal to the product of (1) the excess, if any, of the then fair market value (as determined under the LTIP) of a share of Alamosa common stock over the per share exercise price of the option and (2) the number of shares of stock subject to the option.
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Examples of LSAR in a sentence

  • Employee acknowledges that immediately prior to the occurrence of a "change in ownership or control" (as defined in Prop Reg 1.280G-1) of Alamosa, each stock option that has been granted to him pursuant to this Section 6 that had not yet become vested and exercisable shall automatically convert into an LSAR.

  • The LSAR shall vest in tandem with the Shares subject to the Option (as provided in Section 2) and shall be exercisable with respect to such Shares (as provided in Section 3(b)).

  • The Option and the LSAR are in all respects governed by the Plan and subject to all of the terms and provisions thereof.

  • The Corporation hereby grants to the Employee an LSAR with respect to all or any part of an aggregate of «Options_Received» of the Shares subject to the Option, at an exercise price per Share equal to the Option Price.

  • The Employee may be required to pay to the Corporation or any affiliate, and the Corporation or a Subsidiary shall have the right and is hereby authorized to withhold, any applicable amount it may determine to be necessary to withhold for federal, state, local or other taxes as a result of the exercise, grant or vesting of the Option and the LSAR, as a condition to such exercise, grant or vesting, or as a result of any payment or transfer under or with respect to the Option and the LSAR.


More Definitions of LSAR

LSAR means a limited stock appreciation right awarded under the provisions of Section 7 hereof.
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LSAR means a limited stock appreciation right granted pursuant to Section 9.3.
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LSAR means a limited stock appreciation right, which is a right to receive cash with respect to Stock subject to an option in lieu of exercising such option upon a Change of Control of the Company as described in Section 8 hereof.
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LSAR has the meaning provided in Section 4.9 of this Agreement.
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LSAR means a stock appreciation right granted pursuant to Section 6 which, in general, may be exercised only following a Change in Control.
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LSAR means a limited stock appreciation right granted pursuant to Article VIII of the Plan.
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LSAR means a limited stock appreciation right 4
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