Examples of Company SARs in a sentence
As of the Effective Date, Summit State Bank, a California banking corporation (the "Company"), hereby grants to the above-named Recipient (“you”), and you hereby accept, the number of units set forth above in the Summary (the "Granted Units") of stock appreciation rights in the Company ("SARs").
At the close of business on August 13, 2018, Company SARs (all of which are cash-settled) in respect of 151,820 shares of Company Common Stock were issued and outstanding.
Any payment to which a holder of Company Stock Options or Company SARs becomes entitled pursuant to this Section 2.06(a) shall be made through the Surviving Corporation’s payroll as promptly as practicable (but no later than five days) following the Closing.
Each Party hereto intends that this Agreement, except as expressly provided herein, shall not benefit or create any right or cause of action in or on behalf of any Person (including, without limitation, any Person holding any Company Options and Company SARs) other than the Parties hereto.9J.
As of the close of business on September 12, 2016, 15,157,021 Shares were underlying outstanding Company Options, Company SARs, Company Restricted Shares, Company RSUs, Company PSUs (at target performance) and Company Awards granted under the Stock Plans.