Common use of Exercise of Freestanding SARs Clause in Contracts

Exercise of Freestanding SARs. Subject to the terms and provisions of the Plan and the applicable Award Agreement, Freestanding SARs may be exercised in whole or in part from time to time by the delivery of written notice in the manner designated by the Committee stating (a) that the Holder wishes to exercise such SAR on the date such notice is so delivered, (b) the number of shares of Stock with respect to which the SAR is to be exercised and (c) the address to which the payment due under such SAR should be mailed. In accordance with applicable law, a Freestanding SAR may be exercised upon whatever additional terms and conditions the Committee, in its sole discretion, imposes.

Appears in 3 contracts

Samples: 2009 Omnibus Incentive Plan (Rosetta Stone Inc), 2009 Omnibus Incentive Plan (Rosetta Stone Inc), 2009 Omnibus Incentive Plan (Rosetta Stone Inc)

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Exercise of Freestanding SARs. Subject to the terms and provisions of the Plan and the applicable Award Agreement, Freestanding SARs may be exercised in whole or in part from time to time by the delivery of written notice in the manner designated by the Committee stating (a) that the Holder wishes to exercise such SAR on the date such notice is so delivered, (b) the number of shares of Stock with respect to which the SAR is to be exercised and (c) the address to which the payment due under such SAR should be maileddelivered. In accordance with applicable law, a Freestanding SAR may be exercised upon whatever additional terms and conditions the Committee, in its sole discretion, imposes.

Appears in 2 contracts

Samples: 2010 Omnibus Incentive Plan (Viasat Inc), 2010 Omnibus Incentive Plan (RigNet, Inc.)

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Exercise of Freestanding SARs. Subject to the terms and provisions of the Plan and the applicable Award Agreement, Freestanding SARs may be exercised in whole or in part from time to time by the delivery of written notice in the manner designated by the Committee stating (a) that the Holder wishes to exercise such SAR on the date such notice is so delivered, (b) the number of shares of Stock with respect to which the SAR is to be exercised and (c) the address to which the payment due under such SAR should be maileddelivered. In accordance with applicable law, a Freestanding SAR may be exercised upon subject to whatever additional terms and conditions the Committee, in its sole discretion, imposes.

Appears in 1 contract

Samples: 2012 Omnibus Incentive Plan (Independence Contract Drilling, Inc.)

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