Common use of Calculation of Appreciation Clause in Contracts

Calculation of Appreciation. The amount payable upon exercise of each vested Award shall be equal to the excess of (i) the Fair Market Value per share of Common Stock on the date of exercise, over (ii) the Fair Market Value per share of Common Stock on the date of grant of the Award (as indicated in your Grant Notice).

Appears in 3 contracts

Samples: Employment Agreement (Levi Strauss & Co), Employment Agreement (Levi Strauss & Co), Employment Agreement (Levi Strauss & Co)

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Calculation of Appreciation. The amount payable upon exercise of each vested Award stock appreciation right shall be equal to the excess of (i) the Fair Market Value per share of Common Stock on the date of exercise, over (ii) the Fair Market Value per share of Common Stock on the date of grant of the your Award (as indicated originally set forth in your Grant NoticeNotice and subsequently adjusted in your Exchange Agreement).

Appears in 1 contract

Samples: Stock Appreciation Right Agreement (Ad.Venture Partners, Inc.)

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