Termination of SARs. The SARs hereby granted shall terminate and be of no force and effect with respect to any shares of Common Stock not previously acquired by Xxxxx on the tenth (10th) anniversary of the Grant Date.
Termination of SARs. The SARs shall terminate upon the earliest to occur of the following:
Termination of SARs. Both exercisable and nonexercisable SARs shall terminate, as provided below, after the end of the earliest to occur of the following periods:
Termination of SARs. The SARs hereby granted shall terminate and be of no force or effect upon the happening of the first to occur of the following events:
Termination of SARs. Except as otherwise provided in this Agreement, the SARs shall terminate prior to the Expiration Date as follows:
Termination of SARs. You agree that effective as of the Effective Date, you hereby irrevocably forfeit and cancel all of your rights to (A) the 37,500 SARs previously granted to you on January 29, 2015 pursuant to the Notice of Stock Appreciation Right Grant between you and CommerceHub in connection therewith (the “2015 SARs Agreement”) that would have vested on January 29, 2017 had you remained an employee as of such date, (B) the 37,500 SARs previously granted to you pursuant to the 2015 SARs Agreement that would have vested on January 29, 2018 had you remained an employee as of such date and (C) the 37,500 SARs previously granted to you pursuant to the 2015 SARs Agreement that would have vested on January 29, 2019 had you remained an employee as of such date (the total sum of 112,500 SARs described in (A), (B) and (C), the “Forfeited SARs”), and such Forfeited SARs, and all of your rights thereto, will hereby be terminated. For the avoidance of doubt, the termination of the Forfeited SARs described in this paragraph constitutes an amendment to the 2015 SARs Agreement.
Termination of SARs. The Committee shall determine in its discretion, and each SAR Agreement shall state, the expiration date or dates of each SAR, but such expiration date shall be not later than ten (10) years after the date such SAR is granted (the "SAR Period"). The Committee, in its discretion, may extend the expiration date or dates of a SAR Period after such date was originally set; provided, however, such expiration date may not exceed the maximum expiration date described in this Section 6.5(a).
Termination of SARs. All of the SAR's shall have been fully discharged by payment and there shall be no continuing liability of Riverway Holdings, Riverway Bank, Texas Regional or Texas State Bank, or any other party, with respect thereto. The cost of payment or termination of all SAR obligations shall be fully paid for, expensed and accrued prior to Closing, including any taxes or other obligations with respect thereto. Riverway Holdings shall provide evidence of the termination of the SAR's in form and content that are reasonably satisfactory to Texas Regional.
Termination of SARs. An SAR may be terminated as follows:
Termination of SARs. Both exercisable and nonexercisable SARs shall terminate, as provided below, after the end of the earliest to occur of the following periods: (a)90 days after the Grantee ceases to be an employee of the Company or a Subsidiary, unless the Grantee ceases to be such employee in a manner described in clause (b), (c), (d) or (e) of this Section; (b)One year after the Grantee’s becoming Disabled, if the Grantee becomes Disabled while continuously employed by the Company or a Subsidiary; (c)One year after the death of the Grantee, if the Grantee dies while continuously employed by the Company or a Subsidiary or within the period specified in clause (b) above or clause (d) below if applicable to the Grantee; (d)One year after the Grantee retires from continuous employment with the Company or a Subsidiary if (i) the Grantee is at the time of such retirement at least age 62, or (ii) when the Grantee retires, the Grantee’s age, plus full years of continuous employment by the Company or any of its Subsidiaries, equals 75; (e)One year after the Grantee ceases to be an employee of the Successor under the conditions specified in Section 3(d) of this Agreement; and (f)Ten years from the Date of Grant. 6.
