SAR Payment definition

SAR Payment means an amount paid to a Member upon his exercise or payment of an SAR.

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SAR Payment means an amount paid to an Employee upon his exercise or payment of an SAR.

SAR Payment means the aggregate amount payable to all holders of SARs as of the Closing Date pursuant to the SAR Plan as determined by the Committee’s interpretation of definition of “Star Value” (as set forth in the SAR Plan).

Examples of SAR Payment in a sentence

The Employee acknowledges and agrees that the Company may refuse to honor the exercise and refuse to make the SAR Payment required under this Agreement if such amount is not delivered at the time of exercise.
The number of Shares to be delivered will be equal to SAR Payment Amount divided by the Fair Market Value of the Shares on the Exercise Date rounded up to the nearest whole Share.
Pursuant to Section 5 above, any such withholding required as a result of delivery of a SAR Payment Amount shall be taken from such SAR Payment Amount to the extent possible.
We ask you to review this Statement carefully so that we may all work to provide consistency in the delivery of urgent care to our patients.
From and after the Effective Time, the holder of any canceled Vested Company SAR shall only be entitled to receive the SAR Payment in respect of such canceled Vested Company SAR.
If and to the extent that payment of the SAR Payment Value through registration of shares of Common Stock would require the registration of fractional shares of Common Stock, such SAR Payment Value shall be rounded down to whole shares of Common Stock and cash shall be provided for any fractional share value.
The Employee acknowledges and agrees that the Company may refuse to honor the exercise and refuse to make the SAR Payment required under this Agreement if the Employee fails to comply with his or her obligations in connection with the Tax-Related Items as described in this paragraph 8.
Any suit with respect to the Award, the SAR or the SAR Payment will be brought in the federal or state courts in the districts, which include Baltimore, Maryland, and you agree and submit to the personal jurisdiction and venue thereof.
When the SARs become vested in accordance with Section 3 above, the Participant may exercise the vested SARs and, in settlement of such SARs, receive an amount equal to the SAR Payment for the number of SARs exercised, less applicable tax withholding, payable in cash.
The Company or its Affiliates may require you to make a cash payment to cover any withholding tax obligation as a condition of exercise of the SAR and delivery of the SAR Payment or you may elect to have the Company withhold a portion of any cash proceeds of the SAR Payment to satisfy such tax withholding obligations.

More Definitions of SAR Payment

SAR Payment means, for each SAR holder, the amount of his/her “Appreciation Payment” (as defined in the SAR Plan) to be paid for all SARs held by such holder, less the principal and accrued and unpaid interest under any outstanding loans extended to such holder under the SAR Plan.

SAR Payment as defined in Section 7.c(i).

SAR Payment has the meaning set forth in Section 1.5(h).

SAR Payment and “SARs Payments” have the meaning given to such terms in Section 2.5.