Common use of Exercise of SARs Clause in Contracts

Exercise of SARs. Upon exercise of a SAR, the Participant (or any person having the right to exercise the SAR after his or her death) shall receive from the Company (a) Shares, (b) cash or (c) a combination of Shares and cash, as the Committee shall determine. The amount of cash and/or the Fair Market Value of Shares received upon exercise of SARs shall, in the aggregate, be equal to the amount by which the Fair Market Value (on the date of surrender) of the Shares subject to the SARs exceeds the Exercise Price.

Appears in 20 contracts

Samples: 2005 Stock Incentive Plan (EGAIN Corp), Stock Incentive Plan (Invitae Corp), Stock Incentive Plan (Invitae Corp)

AutoNDA by SimpleDocs

Exercise of SARs. Upon exercise of a SAR, the Participant (or any person having the right to exercise the SAR after his or her death) shall receive from the Company (ai) Shares, (bii) cash or (ciii) a combination of Shares and cash, as the Committee shall determine. The amount of cash and/or the Fair Market Value of Shares received upon exercise of SARs shall, in the aggregate, be equal to the amount by which the Fair Market Value (on the date of surrender) of the Shares subject to the SARs exceeds the Exercise Price.

Appears in 15 contracts

Samples: 2020 Stock Incentive Plan (Vincerx Pharma, Inc.), 2020 Stock Incentive Plan (Nikola Corp), Employee Stock Purchase Plan (Lucid Group, Inc.)

Exercise of SARs. Upon exercise of a SAR, the Participant (or any person having the right to exercise the SAR after his or her the Participant’s death) shall receive from the Company (ai) Shares, (bii) cash or (ciii) a combination of Shares and cash, as the Committee shall determine. The amount of cash and/or the Fair Market Value of Shares received upon exercise of SARs shall, in the aggregate, be equal to the amount by which the Fair Market Value (on the date of surrender) of the Shares subject to the SARs exceeds the Exercise Price.

Appears in 9 contracts

Samples: Omnibus Incentive Plan (I-Mab), Stock Option Agreement (Silvaco Group, Inc.), Stock Incentive Plan (Rockley Photonics Holdings LTD)

Exercise of SARs. Upon exercise of a SAR, the Participant (or any person having the right to exercise the SAR after his or her death) shall receive from the Company (a) Shares, (b) cash or (c) a combination of Shares and cash, as the Committee Board shall determine. The amount of cash and/or the Fair Market Value of Shares received upon exercise of SARs shall, in the aggregate, be equal to the amount by which the Fair Market Value (on the date of surrender) of the Shares subject to the SARs exceeds the Exercise Price.

Appears in 6 contracts

Samples: Restricted Stock Unit Grant Notice (Silvaco Group, Inc.), FTC (FTC Solar, Inc.), FTC (FTC Solar, Inc.)

Exercise of SARs. Upon exercise of a SAR, the Participant (or any person having the right to exercise the SAR after his or her death) shall receive from the Company (a) Shares, (b) cash or (c) a combination of Shares and cash, as the Committee shall determine. The amount of cash and/or the Fair Market Value of Shares received upon exercise of SARs shall, in the aggregate, be equal to the amount by which the Fair Market Value (on the date of surrender) of the Shares subject to the SARs exceeds the Exercise Price.. VIOLIN MEMORY, INC. 2012 STOCK INCENTIVE PLAN

Appears in 4 contracts

Samples: Restricted Stock Agreement (Violin Memory Inc), Restricted Stock Agreement (Violin Memory Inc), Restricted Stock Agreement (Violin Memory Inc)

Exercise of SARs. Upon exercise of a SAR, the Participant (or any person having the right to exercise the SAR after his or her death) shall receive from the Company (a) Shares, (b) cash or (c) a combination of Shares and cash, as the Committee shall determine. The amount of cash and/or the Fair Market Value of Shares received upon exercise of SARs shall, in the aggregate, be equal to the amount by which the Fair Market Value (on the date of surrender) of the Shares subject to the SARs exceeds the Exercise Price.. ARC DOCUMENT SOLUTIONS, INC. 2014 STOCK INCENTIVE PLAN

Appears in 1 contract

Samples: Stock Incentive Plan (Arc Document Solutions, Inc.)

Exercise of SARs. Upon exercise of a SAR, the Participant (or any person having the right to exercise the SAR after his or her death) shall receive from the Company (ai) Shares, (bii) cash or (ciii) a combination of Shares and cash, as the Committee shall determine. The amount of cash and/or the Fair Market Value of Shares received upon exercise of SARs shall, in the aggregate, be equal to the amount by which the Fair Market Value (on the date of surrender) of the Shares subject to the SARs exceeds the Exercise Price.. SITIME CORPORATION 2019 STOCK INCENTIVE PLAN

Appears in 1 contract

Samples: 2019 Stock Incentive Plan (SITIME Corp)

Exercise of SARs. Upon exercise of a SAR, the Participant (or any person Person having the right to exercise the SAR after his or her the Participant’s death) shall receive from the Company (ai) Shares, (bii) cash cash, or (ciii) a combination of Shares and cash, as the Committee shall determine. The amount of cash and/or the Fair Market Value of Shares received upon exercise of SARs shall, in the aggregate, be equal to the amount by which the Fair Market Value (on the date of surrender) of the Shares subject to the SARs exceeds the Exercise Price.

Appears in 1 contract

Samples: Business Combination Agreement (Pathfinder Acquisition Corp)

Exercise of SARs. Upon exercise of a an SAR, the Participant (or any person having the right to exercise the SAR after his or her the Participant’s death) shall receive from the Company (ai) Shares, (bii) cash or (ciii) a combination of Shares and cash, as the Committee shall determine. The amount of cash and/or the Fair Market Value of Shares received upon exercise of SARs shall, in the aggregate, be equal to the amount by which the Fair Market Value (on the date of surrender) of the Shares subject to the SARs exceeds the Exercise Price.

Appears in 1 contract

Samples: 2024 Stock Incentive Plan (Sow Good Inc.)

AutoNDA by SimpleDocs

Exercise of SARs. Upon exercise of a SAR, the Participant (or any person having the right to exercise the SAR after his or her death) shall receive from the Company (ai) Shares, (bii) cash or (ciii) a combination of Shares and cash, as the Committee shall determine. The amount of SITIME CORPORATION AMENDED AND RESTATED 2022 INDUCEMENT AWARD PLAN 281753960 v1 cash and/or the Fair Market Value of Shares received upon exercise of SARs shall, in the aggregate, be equal to the amount by which the Fair Market Value (on the date of surrender) of the Shares subject to the SARs exceeds the Exercise Price.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (SITIME Corp)

Exercise of SARs. Upon exercise of a SAR, the Participant (or any person having the right to exercise the SAR after his or her death) shall receive from the Company (a) Shares, (b) cash or (c) a combination of Shares and cash, as the Committee shall determine. The amount of cash and/or the Fair Market Value of Shares received upon exercise of SARs shall, in the aggregate, be equal to the amount by which the Fair Market Value (on the date of surrender) of the Shares subject to the SARs exceeds the Exercise Price.. INVITAE CORPORATION 2015 STOCK INCENTIVE PLAN

Appears in 1 contract

Samples: Stock Incentive Plan (Invitae Corp)

Exercise of SARs. Upon exercise of a SAR, the Participant (or any person having the right to exercise the SAR after his or her death) shall receive from the Company (ai) Shares, (bii) cash or (ciii) a combination of Shares and cash, as the Committee shall determine. The amount of cash and/or the Fair Market Value of Shares received upon exercise of SARs a SAR shall, in the aggregate, be equal to the amount by which the Fair Market Value (on the date of surrender) of the Shares subject to the SARs SAR exceeds the Exercise Price.

Appears in 1 contract

Samples: 2020 Stock Incentive Plan (Concentrix Corp)

Exercise of SARs. Upon exercise of a SAR, the Participant (or any person having the right to exercise the SAR after his or her death) shall receive from the Company (ai) Shares, (bii) cash or (ciii) a combination of Shares and cash, as the Committee shall determine. The amount of cash and/or the Fair Market Value of Shares received upon exercise of SARs shall, in the aggregate, be equal to the amount by which the Fair Market Value (on the date of surrender) of the Shares subject to the SARs exceeds the Exercise Price.. 0XXXXXX.XXX, INC. 2021 STOCK INCENTIVE PLAN

Appears in 1 contract

Samples: Stock Incentive Plan (1stdibs.com, Inc.)

Exercise of SARs. Upon exercise of a SAR, the Participant Optionee (or any person having the right to exercise the SAR after his or her death) shall receive from the Company (a) Shares, (b) cash or (c) a combination of Shares and cash, as the Committee shall determine. The amount of cash and/or the Fair Market Value of Shares received upon exercise of SARs shall, in the aggregate, be equal to the amount by which the Fair Market Value (on the date of surrender) of the Shares subject to the SARs exceeds the Exercise Price.

Appears in 1 contract

Samples: Stock Option Agreement (Plus Therapeutics, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.