Examples of Affiliated SAR in a sentence
An Affiliated SAR shall be deemed to be exercised upon the exercise of the related Option.
The deemed exercise of an Affiliated SAR shall not necessitate a reduction in the number of Shares subject to the related Option.
The deemed exercise of an Affiliated SAR will not necessitate a reduction in the number of Shares subject to the related Option.
An Affiliated SAR will be deemed to be exercised upon the exercise of the related Option.
The deemed exercise of an Affiliated SAR shall not necessitate a reduction in the number of Shares subject to the related Option.6.4 Exercise of Freestanding SARs. Freestanding SARs shall be exercisable on such terms and conditions as the Committee, in its sole discretion, shall determine.6.5 SAR Agreement.
The Award Agreement shall also specify whether the SAR is an Affiliated SAR, Freestanding SAR, Tandem SAR, or a combination thereof.
An Affiliated SAR shall be deemed to be exercised upon the exercise of the Option to which the Affiliated SAR relates.
The Committee, subject to the provisions of this Plan, shall have complete discretion to determine the terms and conditions of SARs granted under the Plan; provided, however, the Exercise Price of a Freestanding SAR shall be not less than one hundred percent (100%) of the Fair Market Value of a Share on the Grant Date, and the Exercise Price of a Tandem SAR or an Affiliated SAR shall be equal to the Exercise Price of the Option to which such SAR relates.
An Affiliated SAR or Tandem SAR shall terminate at such time as the Option to which such SAR relates terminates.
Such deemed exercise of an Affiliated SAR shall not reduce the number of Shares subject to the related Option.