SAR Exercise Price definition

SAR Exercise Price means the per share exercise price of a SAR granted to a Grantee under Section 9 hereof.

SAR Exercise Price means the per share exercise price of an SAR granted to a Participant under Section 9 hereof.

SAR Exercise Price means the per share exercise price of a SAR granted to a Grantee pursuant to Section 9.

Examples of SAR Exercise Price in a sentence

• Any such adjustment in outstanding Options or SARs shall not change the aggregate Option Price or SAR Exercise Price payable with respect to shares that are subject to the unexercised portion of an outstanding Option or SAR, as applicable, but shall include a corresponding proportionate adjustment in the Option Price or SAR Exercise Price per share.

• In the case of any Option or Stock Appreciation Right with an exercise price (or SAR Exercise Price in the case of a Stock Appreciation Right) that equals or exceeds the price paid for a share of Common Stock in connection with the Change in Control, the Committee may cancel the Option or Stock Appreciation Right without the payment of consideration therefor.

• A SAR shall confer on the Grantee a right to receive, upon exercise thereof, the excess of (i) the Fair Market Value of one share of Stock on the date of exercise over (ii) the SAR Exercise Price, as determined by the Board.

• Any fractional share resulting from an adjustment pursuant to this Section 15.1 shall be rounded down to the nearest whole number and the Option Price, SAR Exercise Price or Purchase Price per share shall be rounded up to the nearest whole cent.

• The Award Agreement for a SAR (except those that constitute Substitute Awards) shall specify the SAR Exercise Price, which shall be fixed on the Grant Date as not less than the Fair Market Value of a share of Stock on that date.

More Definitions of SAR Exercise Price

SAR Exercise Price means the per Share exercise price of a SAR granted to a Participant under Section 9. “SEC” means the United States Securities and Exchange Commission.

SAR Exercise Price means the per Share exercise price of a SAR granted under Section 9.

SAR Exercise Price means the amount per Share specified in an Incentive Award Agreement with respect to a Stock Appreciation Right, the excess of the Fair Market Value of a Share over and above such amount, the holder of such Stock Appreciation Right may be able to receive upon the exercise or payment of such Stock Appreciation Right.

SAR Exercise Price means the per share exercise price of a SAR.

SAR Exercise Price means the per share exercise price of an SAR granted to a Grantee under

SAR Exercise Price means the Fair Market Value of a Share on the SAR Exercise Date.

SAR Exercise Price means the price specified in the Award Agreement related to a Non-Linked Stock Appreciation Right as the exercise price per share of Stock for that Non-Linked Stock Appreciation Right.