Grant Price means the price established at the time of grant of a SAR pursuant to Article 7, used to determine whether there is any payment due upon exercise of the SAR.
Grant Price means the price at which a Participant may exercise his or her right to receive cash or Common Stock, as applicable, under the terms of an Award.
Examples of Grant Price in a sentence
Each SAR Award shall be evidenced by an Award Agreement that shall specify the Grant Price, the term of the SAR, and such other provisions as the Committee shall determine.
A Participant who has satisfied the conditions for grant and attribution may purchase new A Shares issued by the Company at such Grant Price.
The Grant Price of Tandem SARs shall be equal to the Option Price of the related Option.
After the Board adjusts the number of Restricted Shares and the Grant Price in accordance with the above provisions, it shall promptly announce and notify the Participants.
The Committee in its sole discretion shall establish the Option Price at the time each Option is granted and the Grant Price at the time each SAR is granted.
More Definitions of Grant Price
Grant Price means the price established as of the Grant Date of an SAR pursuant to Section 7 used to determine whether there is any payment due upon exercise of the SAR.
Grant Price means the Fair Market Value of a Share on the Grant Date for such option.
Grant Price means the per share exercise price of a Stock Appreciation Right granted to a Participant under Section 7.
Grant Price means the Fair Market Value for one share of Stock as of the date of the grant of an Award. Grant price is not adjusted for any restrictions applicable to the Award.
Grant Price means the price per share of Common Stock at which an Appreciation Right not granted in tandem with an Option Right is granted.
Grant Price means the per Share price established at the time of grant of a SAR pursuant to Article 7.