Share Appreciation Rights definition

Share Appreciation Rights means Awards under Section 8(a) to (d).

Share Appreciation Rights means is an Award entitling the Participant to receive Shares having a value equal to the excess of the Fair Market Value of the Shares on the date of exercise over the exercise price of the Share Appreciation Right, multiplied by the number of Shares with respect to which the Share Appreciation Right shall have been exercised.

Share Appreciation Rights means a conditional right to receive Ordinary Shares in terms of the Scheme, the number of which shall be determined in accordance with the formula contemplated in clause 24.2. For the avoidance of doubt, it is recorded that, every SAR shall be determined by reference to Ordinary Shares and not cash entitlements;

Examples of Share Appreciation Rights in a sentence

• The provisions of Share Appreciation Rights need not be the same with respect to each Participant.

• Share Appreciation Rights granted under the Plan shall be subject to the following terms and conditions set forth in this Section 8 and shall contain such additional terms and conditions, not inconsistent with the terms of the Plan, as the Administrator shall deem desirable, as set forth in the applicable Award Agreement.

• Share Appreciation Rights that are Free Standing Rights shall be exercisable at such time or times and subject to such terms and conditions as shall be determined by the Administrator in the applicable Award Agreement.

• The average increase in bank branches in the post reform period is estimated at approximately 5, implying the total effect was an average increase of local GDP in the districts by 1.65%.

• Share Appreciation Rights may be granted either alone (“Free Standing Rights”) or in conjunction with all or part of any Option granted under the Plan (“Related Rights”).

More Definitions of Share Appreciation Rights

Share Appreciation Rights means an Award granted pursuant to Article V of the Plan.

Share Appreciation Rights are the rights granted to the CP Optionholders in connection with the options granted under the key employee stock option plan of Canadian Pacific Limited, which options and rights were replaced by options and share appreciation rights under the KESOP;

Share Appreciation Rights or “SAR” means a right granted pursuant to Article 8 to receive a payment equal to the excess of the Fair Market Value of a specified number of Shares on the date the SAR is exercised over the Fair Market Value on the date the SAR was granted as set forth in the applicable Award Agreement.

Share Appreciation Rights means share appreciation rights granted pursuant to Article IV of the Plan;

Share Appreciation Rights means a right to receive a payment equal to the excess of the fair market value of a specified number of Shares on the date the Share Appreciation Right is exercised over the base price set forth in the Award Agreement.

Share Appreciation Rights means the share appreciation rights granted pursuant to Section 6 of this Plan;

Share Appreciation Rights has the meaning set forth in Section 5.02(b)(iii).