Common use of Exercisability and Term Clause in Contracts

Exercisability and Term. Each SAR Agreement shall specify the date when all or any installment of the SAR is to become exercisable. The SAR Agreement shall also specify the term of the SAR. An SAR Agreement may provide for accelerated exercisability in the event of the Optionee's death, disability or retirement or other events and may provide for expiration prior to the end of its term in the event of the termination of the Optionee's service. SARs may also be awarded in combination with Options, Restricted Shares or Stock Units, and such an Award may provide that the SARs will not be exercisable unless the related Options, Restricted Shares or Stock Units are forfeited. An SAR may be included in an ISO only at the time of grant but may be included in an NSO at the time of grant or thereafter. An SAR granted under the Plan may provide that it will be exercisable only in the event of a Change in Control.

Exercisability and Term. Each SAR Agreement shall specify the date when all or any installment of the SAR is to become exercisable. The SAR Agreement shall also specify the term of the SAR. An A SAR Agreement may provide for accelerated exercisability in the event of the Optioneerecipient's death, disability or Disability, retirement or other events and may provide for expiration prior to the end of its term in the event of the termination of the Optioneerecipient's serviceService. SARs may also be awarded in combination with Options, Restricted Shares Stock or Stock Units, and such an Award may provide that the SARs will not be exercisable unless the related Options, Restricted Shares Stock or Stock Units are forfeited. An A SAR may be included in an ISO only at the time of grant Grant but may be included in an NSO at the time of grant Xxxxx or thereafterat any subsequent time, but not later than six months before the expiration of such NSO. An A SAR granted under the Plan may provide that it will be exercisable only in the event of a Change in Control.

Exercisability and Term. Each SAR Agreement shall specify the date when all or any installment of the SAR is to become exercisable. The SAR Agreement shall also specify the term of the SAR. An A SAR Agreement may provide for accelerated exercisability in the event of the Optionee's recipient’s death, disability or Disability, retirement or other events and may provide for expiration prior to the end of its term in the event of the termination of the Optionee's servicerecipient’s Service. SARs may also be awarded in combination with Options, Restricted Shares Stock or Stock Units, and such an Award may provide that the SARs will not be exercisable unless the related Options, Restricted Shares Stock or Stock Units are forfeited. An A SAR may be included in an ISO only at the time of grant Grant but may be included in an NSO at the time of grant Gxxxx or thereafterat any subsequent time, but not later than six months before the expiration of such NSO. An A SAR granted under the Plan may provide that it will be exercisable only in the event of a Change in Control.

Exercisability and Term. Each SAR Agreement shall specify the date when all or any installment of the SAR is to become exercisable. The SAR Agreement shall also specify the term of the SAR. An A SAR Agreement may provide for accelerated exercisability in the event of the Optionee's death, disability or retirement or other events and may provide for expiration prior to the end of its term in the event of the termination of the Optionee's service. SARs may also be awarded in combination with Options, Restricted Shares or Stock Units, and such an Award may provide that the SARs will not be exercisable unless the related Options, Restricted Shares or Stock Units are forfeited. An A SAR may be included in an ISO only at the time of grant but may be included in an NSO at the time of grant or thereafterat any subsequent time, but not later than six months before the expiration of such NSO. An A SAR granted under the Plan may provide that it will be exercisable only in the event of a Change in Control.