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 Participant’s death) shall receive from the Company (i) Shares, (ii) cash or (iii) any combination of Shares and cash, as the Committee shall determine at the time of grant of the SAR, in its sole discretion. 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 of the Shares.

Exercise of SARs. Upon Subject to compliance with any applicable laws, rules or regulations, upon exercise of a SAR, the Participant (or any person having the right to exercise the SAR after Participant’s his or her death) shall receive from the Company (i) Shares, (ii) cash cash, or (iii) any a combination of Shares and cash, as the Committee shall determine at the time of grant of the SAR, in its sole discretiondetermine. 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 of the SharesPrice.

Exercise of SARs. Upon exercise of a an SAR, the Participant (or any person having the right to exercise the SAR after Participant’s his or her death) shall receive from the Company (ia) Sharesshares of Common Stock, (iib) cash or (iiic) any a combination of Shares shares of Common Stock and cash, as the Committee shall determine at the time of grant of the SAR, in its sole discretiondetermine. The amount of cash and/or the Fair Market Value of Shares shares of Common Stock 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 shares of Common Stock subject to the SARs exceeds the Exercise Price of the SharesPrice.

Exercise of SARs. Upon exercise of a SAR, the Participant (or any person having the right to exercise the SAR after the Participant’s death) shall receive from the Company (i) Ordinary Shares, (ii) cash or (iii) any a combination of Ordinary Shares and cash, as the Committee shall determine at the time of grant of the SAR, in its sole discretiondetermine. The amount of cash and/or the Fair Market Value of Ordinary 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 Ordinary Shares subject to the SARs exceeds the Exercise Price of the SharesPrice.