Gxxxx Xxxxx. The gxxxx xxxxx of an SAR may be the fair market value of a share of Common Stock on the date of grant or such other price as the Board of Directors may determine.
Gxxxx Xxxxx. The Gxxxx Xxxxx of a SAR shall be determined by the Committee in its sole discretion; provided that the Gxxxx Xxxxx shall not be less than 100 percent of the Fair Market Value of a Share on the date of the grant of the SAR.
Gxxxx Xxxxx. Warrants consisting of the right to purchase 667,000 shares of common stock at $5.00 per share may be purchased for $800,000 ($1.20 per underlying share of common stock).
Gxxxx Xxxxx. This Option may be exercised at the “Gxxxx Xxxxx” per share shown in the Customizing Information, subject to adjustment as provided herein and in the Plan.
Gxxxx Xxxxx. Identity No. 8396855 7 Xxxxxxxxxx Xx., Xxxxxxxxx (hereinafter: the “Employee”) Of the Second Part;
Gxxxx Xxxxx. The Gxxxx Xxxxx for each SAR shall be determined by the Committee and set forth in the Award Agreement. The Gxxxx Xxxxx of a Tandem SAR shall be equal to the Option Price of the related Option.
Gxxxx Xxxxx. This Option may be exercised at the “Gxxxx Xxxxx” per share shown on the Certificate, subject to adjustment as provided herein and in the Plan.
Gxxxx Xxxxx. MARCH 1997 AMENDMENT TO HOLDINGS OPTION AGREEMENTS ---------------------------- THIS AMENDMENT ("Amendment") to the Option Agreements by and between Hxxxxx Holdings, Inc., a Delaware corporation (the "Company"), and Jxxxxx X. Xxxxxx (the "Optionee") is made and entered into as of the 31st day of March, 1997, by and between the Company and the Optionee. PRELIMINARY STATEMENT ---------------------- The Company has previously adopted the Hxxxxx Holdings, Inc. Employee Stock Option Plan, as amended by that certain First Amendment to the Hxxxxx Holdings, Inc. Employee Stock Option Plan of even date herewith (as amended, the "Plan"). The Company granted the Optionee nonstatutory stock options to purchase an aggregate of shares of the Company's common stock, $.01 par value (the "Common Stock") pursuant to that certain Holdings Option Agreement dated as of December 7, 1994 (the "December Option Agreement"), that certain Holdings Option Agreement, dated as of January 23, 1992 (the "January Option Agreement"), and that certain Holdings Option Agreement, dated as of September 25, 1989 (the "September Option Agreement"), all of which were amended by that certain January 1996 Amendment to Holdings Option Agreement. The December Option Agreement, the January Option Agreement and the September Option Agreement are collectively referred to herein as the "Option Agreements". The Company and the Optionee now desire to enter into this Amendment to, among other things, change the duration of the Options.
Gxxxx Xxxxx. The “Gxxxx Xxxxx” for the shares of Common Stock subject to this SAR shall mean (1) the closing price on the date the Compensation Committee of the Company’s Board of Directors (the “Committee”) approves this SAR grant of a share of Common Stock on the principal securities exchange on which Common Stock is traded or listed or, if no such closing price is available on such date, (2) such closing price for the immediately preceding business day for which a closing price is available or, if the Common Stock is not traded or listed on any securities exchange, (3) the price which the Committee acting in good faith determines through any reasonable valuation method that a share of Common Stock might change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell and both having reasonable knowledge of the relevant facts.
