Common use of Award of SARs Clause in Contracts

Award of SARs. The Company hereby awards to you 24,413 share appreciation rights (“SARs”).

Award of SARs. The Company hereby awards to you 24,413 30,641 share appreciation rights (“SARs”).

Award of SARs. The Company hereby awards to you 24,413 88,773 share appreciation rights (“SARs”).

Award of SARs. The Company hereby awards to you 24,413 111,421 share appreciation rights (“SARs”).