Common use of Exercise of SAR Clause in Contracts

Exercise of SAR. (a) The SAR, or any portion thereof, may be exercised only to the extent vested pursuant to the terms and subject to the conditions of this Agreement and only during the Exercise Period. In order to exercise the SAR or any portion thereof, Employee or any other person or persons entitled to exercise the SAR must give written notice to the Committee specifying the number of Shares with respect to which the SAR or any portion thereof is being exercised. Such notice must be received during the Exercise Period.

Appears in 3 contracts

Samples: Stock Appreciation Right Agreement (MGM Resorts International), Vesting Stock Appreciation Right Agreement (MGM Resorts International), Stock Appreciation Right Agreement (MGM Resorts International)

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Exercise of SAR. (a) The SARvested SAR is exercisable by delivery of an exercise notice, or any portion thereofat such location and in such form as the Company shall designate, may be exercised only to which shall state the extent vested pursuant to the terms and subject to the conditions of this Agreement and only during the Exercise Period. In order election to exercise the SAR or any portion thereofSAR, Employee or any other person or persons entitled to exercise the SAR must give written notice to the Committee specifying the number of Shares with in respect to of which the vested SAR or any portion thereof is being exercised, and such other representations and agreements as may be required by the Company pursuant to the provisions of the Plan. Such notice must The Exercise Notice may be received during in electronic form. This SAR shall be deemed to be exercised upon receipt by the Company of such Exercise PeriodNotice. The SAR may not be exercised for a fraction of a Share.

Appears in 2 contracts

Samples: Stock Appreciation Right Award Agreement, Stock Appreciation Right Award Agreement (Jabil Circuit Inc)

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Exercise of SAR. (a) The SARSAR is exercisable by delivery of an exercise notice, or any portion thereofat such location and in such form as the Company shall designate, may be exercised only to which shall state the extent vested pursuant to the terms and subject to the conditions of this Agreement and only during the Exercise Period. In order election to exercise the SAR or any portion thereofSAR, Employee or any other person or persons entitled to exercise the SAR must give written notice to the Committee specifying the number of Shares with in respect to of which the SAR or any portion thereof is being exercised, and such other representations and agreements as may be required by the Company pursuant to the provisions of the Plan. Such notice must The Exercise Notice may be received during in electronic form. This SAR shall be deemed to be exercised upon receipt by the Company of such Exercise PeriodNotice. The SAR may not be exercised for a fraction of a Share.

Appears in 1 contract

Samples: Stock Appreciation Right Award Agreement (Jabil Circuit Inc)

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